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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Details 2)
Nov. 01, 2015
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Sep. 30, 2015
USD ($)
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Dec. 31, 2014
USD ($)
Sep. 30, 2014
USD ($)
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Oct. 28, 2009
USD ($)
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May. 31, 2008
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Oct. 03, 2005
USD ($)
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Mar. 07, 2005
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Mar. 02, 2005
USD ($)
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Sep. 30, 2004
USD ($)
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Aug. 31, 2004
USD ($)
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Nov. 30, 2001
USD ($)
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LIABILITIES AND PARTNERS' CAPITAL                        
Investments in Unconsolidated Joint Ventures   $ 8,299,289 $ 8,807,868                  
Distribution and Loss in Excess of Investment in Unconsolidated Joint Venture   (2,212,081) $ (1,425,369)                  
Hamilton Essex 81                        
ASSETS                        
Rental Properties   8,511,004   $ 8,619,846                
Cash & Cash Equivalents   73,595   28,937                
Rent Receivable   40,921   17,700                
Real Estate Tax Escrow   104,165   98,555                
Prepaid Expenses & Other Assets   121,531   95,311                
Financing & Leasing Fees   137,891   33,515                
Total Assets   8,989,107   8,893,864                
LIABILITIES AND PARTNERS' CAPITAL                        
Mortgage Notes Payable   10,000,000   8,140,592                
Accounts Payable and Accrued Expenses   60,815   150,481                
Advance Rental Payments and Security Deposits   185,386   174,103                
Total Liabilities   10,246,201   8,465,176                
Partners' Capital   (1,257,094)   428,688                
Total Liabilities and Partners' Capital   $ 8,989,107   $ 8,893,864                
Percentage of ownership interest   50.00%   50.00%                
Investments in Unconsolidated Joint Ventures       $ 214,344                
Distribution and Loss in Excess of Investment in Unconsolidated Joint Venture   $ (628,547)                    
Total units/ condominiums                        
Units to be retained | item   49   49                
Total | item   49   49       48        
Hamilton Essex 81 | Residential buildings                        
Total units/ condominiums                        
Total | item   48   48                
Hamilton Essex 81 | Commercial                        
Total units/ condominiums                        
Total | item   1   1                
Hamilton Essex Development                        
ASSETS                        
Rental Properties   $ 2,619,374   $ 2,622,203                
Cash & Cash Equivalents   81,236   149,705                
Prepaid Expenses & Other Assets   903   895                
Financing & Leasing Fees       7,753                
Total Assets   2,701,513   2,780,556                
LIABILITIES AND PARTNERS' CAPITAL                        
Mortgage Notes Payable   0   2,001,159                
Accounts Payable and Accrued Expenses   1,133   55,616                
Total Liabilities   1,133   2,056,775                
Partners' Capital   2,700,380   723,781                
Total Liabilities and Partners' Capital   $ 2,701,513   $ 2,780,556                
Percentage of ownership interest   50.00%   50.00%                
Investments in Unconsolidated Joint Ventures   $ 1,350,190   $ 361,891                
Total units/ condominiums                        
Units to be retained | item   1   1                
Total | item   1   1                
Hamilton Essex Development | Commercial                        
Total units/ condominiums                        
Total | item   1   1                
345 Franklin                        
ASSETS                        
Rental Properties   $ 6,859,314   $ 7,230,839                
Cash & Cash Equivalents   79,265   203,001                
Rent Receivable   8,582   1,703                
Real Estate Tax Escrow   42,400   41,934                
Prepaid Expenses & Other Assets   45,606   50,550                
Financing & Leasing Fees   84,896   91,554                
Total Assets   7,120,063   7,619,581                
LIABILITIES AND PARTNERS' CAPITAL                        
Mortgage Notes Payable   10,000,000   10,000,000                
Accounts Payable and Accrued Expenses   83,754   172,833                
Advance Rental Payments and Security Deposits   203,378   197,412                
Total Liabilities   10,287,132   10,370,245                
Partners' Capital   (3,167,069)   (2,750,664)                
Total Liabilities and Partners' Capital   $ 7,120,063   $ 7,619,581                
Percentage of ownership interest   50.00%   50.00%               50.00%
Investments in Unconsolidated Joint Ventures                       $ 1,533,000
Distribution and Loss in Excess of Investment in Unconsolidated Joint Venture   $ (1,583,534)   $ (1,375,332)                
Total units/ condominiums                        
Units to be retained | item   40   40                
Total | item   40   40               40
345 Franklin | Residential buildings                        
Total units/ condominiums                        
Total | item   40   40                
Hamilton 1025                        
ASSETS                        
Rental Properties   $ 4,997,692   $ 5,215,054                
Cash & Cash Equivalents   1,029   7,697                
Rent Receivable   4,272   14,718                
Real Estate Tax Escrow   75,984   71,690                
Prepaid Expenses & Other Assets   55,877   44,962                
Financing & Leasing Fees   5,824   10,849                
Total Assets   5,140,678   5,364,970                
LIABILITIES AND PARTNERS' CAPITAL                        
Mortgage Notes Payable   4,752,073   4,823,762                
Accounts Payable and Accrued Expenses   21,998   27,905                
Advance Rental Payments and Security Deposits   95,656   103,182                
Total Liabilities   4,869,727   4,954,849                
Partners' Capital   270,951   410,121                
Total Liabilities and Partners' Capital   $ 5,140,678   $ 5,364,970                
Percentage of ownership interest   50.00%   50.00%         50.00%      
Investments in Unconsolidated Joint Ventures   $ 135,475   $ 205,061         $ 2,352,000      
Total units/ condominiums                        
Units to be retained | item   49   49         49      
Number of Units in Real Estate Property to be Sold | item   127   127                
Units sold | item   127   127         127      
Total | item   176   176         176      
Hamilton 1025 | Residential buildings                        
Total units/ condominiums                        
Total | item   175   175                
Hamilton 1025 | Commercial                        
Total units/ condominiums                        
Total | item   1   1                
Hamilton Bay Sales                        
ASSETS                        
Rental Properties   $ 672,579   $ 1,011,453                
Cash & Cash Equivalents   8,171   741,509                
Rent Receivable   100   3,049                
Prepaid Expenses & Other Assets   211,856   27,327                
Total Assets   892,706   1,783,338                
LIABILITIES AND PARTNERS' CAPITAL                        
Accounts Payable and Accrued Expenses   23,055   724,100                
Advance Rental Payments and Security Deposits   5,695   13,487                
Total Liabilities   28,750   737,587                
Partners' Capital   863,956   1,045,751                
Total Liabilities and Partners' Capital   $ 892,706   $ 1,783,338                
Percentage of ownership interest   50.00%   50.00%                
Investments in Unconsolidated Joint Ventures   $ 431,978   $ 522,876                
Total units/ condominiums                        
Units to be retained | item       0                
Number of Units in Real Estate Property to be Sold | item   114   120                
Units sold | item   120   111                
Unsold units | item   6   9                
Units unsold with deposits for future sale | item   1                    
Total | item   120   120                
Hamilton Bay Sales | Residential buildings                        
Total units/ condominiums                        
Total | item   120   120                
Hamilton Bay Apartments                        
ASSETS                        
Rental Properties   $ 6,212,058   $ 6,473,921                
Cash & Cash Equivalents   3,998   4,188                
Rent Receivable   2,820   1,102                
Real Estate Tax Escrow   55,215   43,591                
Prepaid Expenses & Other Assets   60,886   44,461                
Financing & Leasing Fees   8,748   15,110                
Total Assets   6,343,725   6,582,373                
LIABILITIES AND PARTNERS' CAPITAL                        
Mortgage Notes Payable   4,521,596   4,590,276                
Accounts Payable and Accrued Expenses   6,934   16,076                
Advance Rental Payments and Security Deposits   86,897   88,756                
Total Liabilities   4,615,427   4,695,108                
Partners' Capital   1,728,298   1,887,265                
Total Liabilities and Partners' Capital   $ 6,343,725   $ 6,582,373                
Percentage of ownership interest   50.00%   50.00%     50.00%          
Investments in Unconsolidated Joint Ventures   $ 864,149   $ 943,633     $ 2,500,000          
Total units/ condominiums                        
Units to be retained | item   48   48     48          
Units sold | item             120          
Total | item 6 48   48     168          
Hamilton Bay Apartments | Residential buildings                        
Total units/ condominiums                        
Total | item   48   48                
Hamilton Minuteman                        
ASSETS                        
Rental Properties   $ 6,371,641   $ 6,628,931                
Cash & Cash Equivalents   60,545   111,378                
Rent Receivable   692   2,326                
Real Estate Tax Escrow   39,403   40,212                
Prepaid Expenses & Other Assets   39,742   44,558                
Financing & Leasing Fees   5,036   9,005                
Total Assets   6,517,059   6,836,410                
LIABILITIES AND PARTNERS' CAPITAL                        
Mortgage Notes Payable   5,233,407   5,311,923                
Accounts Payable and Accrued Expenses   59,805   123,765                
Advance Rental Payments and Security Deposits   107,428   95,052                
Total Liabilities   5,400,640   5,530,740                
Partners' Capital   1,116,419   1,305,670                
Total Liabilities and Partners' Capital   $ 6,517,059   $ 6,836,410                
Percentage of ownership interest   50.00%   50.00%           50.00%    
Investments in Unconsolidated Joint Ventures   $ 558,209   $ 652,833           $ 5,075,000    
Total units/ condominiums                        
Units to be retained | item   42   42                
Total | item   42   42           42    
Hamilton Minuteman | Residential buildings                        
Total units/ condominiums                        
Total | item   42   42                
Hamilton on Main Apts                        
ASSETS                        
Rental Properties   $ 18,785,662   $ 19,644,258                
Cash & Cash Equivalents   216,613   2,404,047                
Rent Receivable   12,320   9,845                
Real Estate Tax Escrow   91,842   52,130                
Prepaid Expenses & Other Assets   84,849   96,377                
Financing & Leasing Fees   143,124   159,175                
Total Assets   19,334,410   22,365,832                
LIABILITIES AND PARTNERS' CAPITAL                        
Mortgage Notes Payable   16,900,000   16,900,000                
Accounts Payable and Accrued Expenses   207,573   2,142,549                
Advance Rental Payments and Security Deposits   314,676   301,976                
Total Liabilities   17,422,249   19,344,525                
Partners' Capital   1,912,161   3,021,307                
Total Liabilities and Partners' Capital   $ 19,334,410   $ 22,365,832                
Percentage of ownership interest   50.00%   50.00%             50.00%  
Investments in Unconsolidated Joint Ventures   $ 956,081   $ 1,510,654             $ 8,000,000  
Total units/ condominiums                        
Units to be retained | item   148   148                
Units sold | item           137            
Total | item   148   148             280  
Hamilton on Main Apts | Residential buildings                        
Total units/ condominiums                        
Total | item   148   148                
Dexter Park                        
ASSETS                        
Rental Properties   $ 94,934,158   $ 98,343,487                
Cash & Cash Equivalents   1,023,237   1,231,163                
Rent Receivable   70,167   149,200                
Real Estate Tax Escrow   242,660   356,155                
Prepaid Expenses & Other Assets   1,851,560   1,657,149                
Financing & Leasing Fees   237,485   295,874                
Total Assets   98,359,267   102,033,028                
LIABILITIES AND PARTNERS' CAPITAL                        
Mortgage Notes Payable   85,247,708   86,566,934                
Accounts Payable and Accrued Expenses   754,434   931,507                
Advance Rental Payments and Security Deposits   2,349,098   2,205,078                
Total Liabilities   88,351,240   89,703,519                
Partners' Capital   10,008,027   12,329,509                
Total Liabilities and Partners' Capital   $ 98,359,267   $ 102,033,028                
Percentage of ownership interest   40.00%   40.00% 40.00%              
Investments in Unconsolidated Joint Ventures   $ 4,003,209   $ 4,931,804 $ 15,925,000              
Total units/ condominiums                        
Units to be retained | item   409   409                
Total | item   409   409 409              
Dexter Park | Residential buildings                        
Total units/ condominiums                        
Total | item   409   409                
Total                        
ASSETS                        
Rental Properties   $ 149,963,482   $ 155,789,992                
Cash & Cash Equivalents   1,547,689   4,881,625                
Rent Receivable   139,874   199,643                
Real Estate Tax Escrow   651,669   704,267                
Prepaid Expenses & Other Assets   2,472,810   2,061,590                
Financing & Leasing Fees   623,004   622,835                
Total Assets   155,398,528   164,259,952                
LIABILITIES AND PARTNERS' CAPITAL                        
Mortgage Notes Payable   136,654,784   138,334,646                
Accounts Payable and Accrued Expenses   1,219,501   4,344,832                
Advance Rental Payments and Security Deposits   3,348,214   3,179,046                
Total Liabilities   141,222,499   145,858,524                
Partners' Capital   14,176,029   18,401,428                
Total Liabilities and Partners' Capital   155,398,528   164,259,952                
Investments in Unconsolidated Joint Ventures   8,299,289   9,343,093                
Distribution and Loss in Excess of Investment in Unconsolidated Joint Venture   (2,212,081)   (1,375,332)                
Total Investment in Unconsolidated Joint Ventures (Net)   $ 6,087,208   $ 7,967,761                
Total units/ condominiums                        
Units to be retained | item   786   786                
Number of Units in Real Estate Property to be Sold | item   241   247                
Units sold | item   247   238                
Unsold units | item   6   9                
Total | item   1,033   1,033                
Total | Residential buildings                        
Total units/ condominiums                        
Total | item   1,030   1,030                
Total | Commercial                        
Total units/ condominiums                        
Total | item   3   3