INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Details 4)	Sep. 30, 2015 USD ($)
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
09/30/2016	$ 726,000
09/30/2017	1,821,000
09/30/2018	7,840,000
09/30/2019	1,921,000
09/30/2020	4,337,000
Thereafter	179,328,000
Total	195,973,000
Hamilton Essex 81
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
Thereafter	10,000,000
Total	10,000,000
345 Franklin
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
09/30/2016	42,990
09/30/2017	180,476
09/30/2018	189,026
09/30/2019	196,473
09/30/2020	204,213
Thereafter	9,186,822
Total	10,000,000
Hamilton 1025
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
09/30/2016	75,155
09/30/2017	4,676,918
Total	4,752,073
Hamilton Bay Apartments
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
09/30/2016	80,330
09/30/2017	4,441,266
Total	4,521,596
Hamilton Minuteman
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
09/30/2016	82,308
09/30/2017	5,151,099
Total	5,233,407
Hamilton on Main Apts
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
Thereafter	16,900,000
Total	16,900,000
Dexter Park
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
09/30/2016	1,479,627
09/30/2017	1,564,180
09/30/2018	1,653,563
09/30/2019	1,748,055
09/30/2020	78,802,283
Total	85,247,708
Total
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
09/30/2016	1,760,410
09/30/2017	16,013,939
09/30/2018	1,842,589
09/30/2019	1,944,528
09/30/2020	79,006,496
Thereafter	36,086,822
Total	$ 136,654,784

Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

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-SubTopic 210

-Section S99

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-Subparagraph (SX 210.9-03.16)

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Reference 3: http://www.xbrl.org/2003/role/presentationRef

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Reference 4: http://www.xbrl.org/2003/role/presentationRef

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Reference 6: http://www.xbrl.org/2003/role/presentationRef

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Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing in the next rolling twelve months following the latest balance sheet. For interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

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