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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Balance Sheet) (Details)
Feb. 01, 2016
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Dec. 31, 2015
USD ($)
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Feb. 01, 2015
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Dec. 31, 2014
USD ($)
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Feb. 01, 2014
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Dec. 31, 2013
USD ($)
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Oct. 28, 2009
USD ($)
Mar. 02, 2005
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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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ASSETS                      
Rental Properties   $ 148,681,873   $ 153,973,241   $ 161,872,803          
Cash & Cash Equivalents   1,873,377   1,554,873   1,392,611          
Rent Receivable   96,371   153,693   142,323          
Real Estate Tax Escrow   513,139   642,780   785,471          
Prepaid Expenses & Other Assets   2,282,251   2,445,523   2,195,333          
Financing & Leasing Fees   595,459   593,147   551,834          
Total Assets   154,042,470   159,363,257   166,940,376          
LIABILITIES AND PARTNERS' CAPITAL                      
Mortgage Notes Payable   136,253,447   137,910,871   137,875,515          
Accounts Payable and Accrued Expenses   1,254,228   1,169,702   1,493,300          
Advance Rental Payments and Security Deposits   3,541,181   3,197,699   3,026,958          
Total Liabilities   141,048,856   142,278,272   142,395,773          
Partners' Capital   12,993,614   17,084,985   24,544,604          
Total Liabilities and Capital   154,042,470   159,363,257   166,940,376          
Investment in Unconsolidated Joint Ventures   7,819,162   8,807,868   12,025,144          
Distribution and Loss in Excess of investments in Unconsolidated Joint Venture   (2,288,090)   (1,425,369)   (1,252,346)          
Total Investment in Unconsolidated Joint Ventures (Net)   5,531,072   $ 7,382,500   $ 10,772,798          
NERA 50%                      
LIABILITIES AND PARTNERS' CAPITAL                      
Investment in Unconsolidated Joint Ventures   $ 7,819,162                  
Investment Properties                      
Total units/ condominiums                      
Total | item   1,033   1,033   1,033          
Units to be retained | item   786   786   786          
Units to be sold | item   247   247   247          
Units sold | item 242   240   232            
Unsold units | item 5   7   15            
Units unsold with deposits for future sale | item 2                    
Investment Properties | Residential buildings                      
Total units/ condominiums                      
Total | item   1,030   1,030   1,030          
Investment Properties | Commercial                      
Total units/ condominiums                      
Total | item   3   3   3          
Hamilton Essex 81                      
ASSETS                      
Rental Properties   $ 8,419,054   $ 8,732,134   $ 8,764,215          
Cash & Cash Equivalents   200,185   759   30,360          
Rent Receivable   9,058   44,399   31,426          
Real Estate Tax Escrow   33,643   105,474   101,395          
Prepaid Expenses & Other Assets   104,975   83,881   77,141          
Financing & Leasing Fees   134,443   30,109   46,630          
Total Assets   8,901,358   8,996,756   9,051,167          
LIABILITIES AND PARTNERS' CAPITAL                      
Mortgage Notes Payable   10,000,000   8,109,676   8,234,548          
Accounts Payable and Accrued Expenses   69,413   49,426   44,299          
Advance Rental Payments and Security Deposits   202,470   174,186   167,143          
Total Liabilities   10,271,883   8,333,288   8,445,990          
Partners' Capital   (1,370,525)   663,468   605,177          
Total Liabilities and Capital   8,901,358   $ 8,996,756   $ 9,051,167          
Partners' Capital % - NERA       50.00%   50.00%          
Investment in Unconsolidated Joint Ventures           $ 302,589          
Distribution and Loss in Excess of investments in Unconsolidated Joint Venture   $ (685,263)                  
Total units/ condominiums                      
Total | item   49   49   49          
Units to be retained | item   49   49   49          
Hamilton Essex 81 | NERA 50%                      
LIABILITIES AND PARTNERS' CAPITAL                      
Partners' Capital % - NERA   50.00%                  
Investment in Unconsolidated Joint Ventures       $ 331,734              
Hamilton Essex 81 | Residential buildings                      
Total units/ condominiums                      
Total | item   48   48   48          
Hamilton Essex 81 | Commercial                      
Total units/ condominiums                      
Total | item   1   1   1          
Hamilton Essex Development                      
ASSETS                      
Rental Properties   $ 2,618,666   $ 2,621,495   $ 2,624,325          
Cash & Cash Equivalents   16,036   4,216   35,644          
Prepaid Expenses & Other Assets   565   559   555          
Financing & Leasing Fees       5,639   14,097          
Total Assets   2,635,267   2,631,909   2,674,621          
LIABILITIES AND PARTNERS' CAPITAL                      
Mortgage Notes Payable       1,987,830   2,041,146          
Accounts Payable and Accrued Expenses   1,700   6,088   6,084          
Total Liabilities   1,700   1,993,918   2,047,230          
Partners' Capital   2,633,567   637,991   627,391          
Total Liabilities and Capital   $ 2,635,267   $ 2,631,909   $ 2,674,621          
Partners' Capital % - NERA       50.00%   50.00%          
Investment in Unconsolidated Joint Ventures           $ 313,695          
Total units/ condominiums                      
Total | item   1   1   1          
Units to be retained | item   1   1   1          
Hamilton Essex Development | NERA 50%                      
LIABILITIES AND PARTNERS' CAPITAL                      
Partners' Capital % - NERA   50.00%                  
Investment in Unconsolidated Joint Ventures   $ 1,316,782   $ 318,995              
Hamilton Essex Development | Commercial                      
Total units/ condominiums                      
Total | item   1   1   1          
345 Franklin                      
ASSETS                      
Rental Properties   $ 6,780,019   $ 7,132,916   $ 7,494,954          
Cash & Cash Equivalents   160,086   111,875   78,691          
Rent Receivable   3,738   2,116   1,512          
Real Estate Tax Escrow   15,322   17,731   16,970          
Prepaid Expenses & Other Assets   37,087   36,911   36,979          
Financing & Leasing Fees   83,231   89,890   96,548          
Total Assets   7,079,483   7,391,439   7,725,654          
LIABILITIES AND PARTNERS' CAPITAL                      
Mortgage Notes Payable   10,000,000   10,000,000   10,000,000          
Accounts Payable and Accrued Expenses   63,267   51,122   60,638          
Advance Rental Payments and Security Deposits   221,871   191,054   169,709          
Total Liabilities   10,285,138   10,242,176   10,230,347          
Partners' Capital   (3,205,655)   (2,850,737)   (2,504,692)          
Total Liabilities and Capital   $ 7,079,483   $ 7,391,439   $ 7,725,654          
Partners' Capital % - NERA       50.00%   50.00%         50.00%
Investment in Unconsolidated Joint Ventures                     $ 1,533,000
Distribution and Loss in Excess of investments in Unconsolidated Joint Venture       $ (1,425,369)   $ (1,252,346)          
Total units/ condominiums                      
Total | item   40   40   40         40
Units to be retained | item   40   40   40          
345 Franklin | NERA 50%                      
LIABILITIES AND PARTNERS' CAPITAL                      
Partners' Capital % - NERA   50.00%                  
Distribution and Loss in Excess of investments in Unconsolidated Joint Venture   $ (1,602,828)                  
345 Franklin | Residential buildings                      
Total units/ condominiums                      
Total | item   40   40   40          
Hamilton 1025                      
ASSETS                      
Rental Properties   $ 4,939,620   $ 5,156,752   $ 5,389,763          
Cash & Cash Equivalents   27,721   23,008   9,085          
Rent Receivable   4,164   2,111   7,970          
Real Estate Tax Escrow   80,196   75,027   80,767          
Prepaid Expenses & Other Assets   56,047   45,704   44,737          
Financing & Leasing Fees   4,567   9,594   14,619          
Total Assets   5,112,315   5,312,196   5,546,941          
LIABILITIES AND PARTNERS' CAPITAL                      
Mortgage Notes Payable   4,733,318   4,806,039   4,869,583          
Accounts Payable and Accrued Expenses   28,735   28,751   50,279          
Advance Rental Payments and Security Deposits   91,649   96,142   92,057          
Total Liabilities   4,853,702   4,930,932   5,011,919          
Partners' Capital   258,613   381,264   535,022          
Total Liabilities and Capital   $ 5,112,315   $ 5,312,196   $ 5,546,941          
Partners' Capital % - NERA       50.00%   50.00%   50.00%      
Investment in Unconsolidated Joint Ventures           $ 267,511   $ 2,352,000      
Total units/ condominiums                      
Total | item   176   176   176   176      
Units to be retained | item   48   49   49          
Units to be sold | item   127   127   127          
Units sold | item 127   127   127            
Hamilton 1025 | NERA 50%                      
LIABILITIES AND PARTNERS' CAPITAL                      
Partners' Capital % - NERA   50.00%                  
Investment in Unconsolidated Joint Ventures   $ 129,305   $ 190,632              
Hamilton 1025 | Residential buildings                      
Total units/ condominiums                      
Total | item   175   175   175          
Hamilton 1025 | Commercial                      
Total units/ condominiums                      
Total | item   1   1   1          
Hamilton Bay Sales                      
ASSETS                      
Rental Properties   $ 573,138   $ 811,043   $ 1,766,132          
Cash & Cash Equivalents   7,728   28,636   36,423          
Rent Receivable   0   1,770   1,251          
Prepaid Expenses & Other Assets   12,879   198,603   101,507          
Total Assets   593,745   1,040,052   1,905,314          
LIABILITIES AND PARTNERS' CAPITAL                      
Accounts Payable and Accrued Expenses   12,605   21,454   16,993          
Advance Rental Payments and Security Deposits   5,799   10,999   24,687          
Total Liabilities   18,404   32,453   41,680          
Partners' Capital   575,341   1,007,599   1,863,634          
Total Liabilities and Capital   $ 593,745   $ 1,040,052   $ 1,905,314          
Partners' Capital % - NERA       50.00%   50.00%          
Investment in Unconsolidated Joint Ventures           $ 931,817          
Total units/ condominiums                      
Total | item   120   120   120          
Units to be retained | item       0              
Units to be sold | item   120   120   120          
Units sold | item 115   113   105            
Unsold units | item 5   7   15            
Units unsold with deposits for future sale | item 2                    
Hamilton Bay Sales | NERA 50%                      
LIABILITIES AND PARTNERS' CAPITAL                      
Partners' Capital % - NERA   50.00%                  
Investment in Unconsolidated Joint Ventures   $ 287,670   $ 503,800              
Hamilton Bay Sales | Residential buildings                      
Total units/ condominiums                      
Total | item   120   120   120          
Hamilton Bay Apts                      
ASSETS                      
Rental Properties   $ 6,174,512   $ 6,416,511   $ 6,680,834          
Cash & Cash Equivalents   545   32,379   17,861          
Rent Receivable   241   945   2,766          
Real Estate Tax Escrow   51,218   46,978   45,679          
Prepaid Expenses & Other Assets   63,345   46,290   31,435          
Financing & Leasing Fees   7,157   13,519   19,881          
Total Assets   6,297,018   6,556,622   6,798,456          
LIABILITIES AND PARTNERS' CAPITAL                      
Mortgage Notes Payable   4,504,340   4,574,002   4,639,848          
Accounts Payable and Accrued Expenses   14,594   10,193   7,570          
Advance Rental Payments and Security Deposits   95,552   99,043   85,413          
Total Liabilities   4,614,486   4,683,238   4,732,831          
Partners' Capital   1,682,532   1,873,384   2,065,625          
Total Liabilities and Capital   $ 6,297,018   $ 6,556,622   $ 6,798,456          
Partners' Capital % - NERA       50.00%   50.00%          
Investment in Unconsolidated Joint Ventures           $ 1,032,812          
Total units/ condominiums                      
Total | item   48   48   48          
Units to be retained | item   48   48   48          
Hamilton Bay Apts | NERA 50%                      
LIABILITIES AND PARTNERS' CAPITAL                      
Partners' Capital % - NERA   50.00%                  
Investment in Unconsolidated Joint Ventures   $ 841,265   $ 936,692              
Hamilton Bay Apts | Residential buildings                      
Total units/ condominiums                      
Total | item   48   48   48          
Hamilton Minuteman                      
ASSETS                      
Rental Properties   $ 6,352,363   $ 6,551,038   $ 6,778,029          
Cash & Cash Equivalents   39,184   66,705   33,921          
Rent Receivable   668                  
Real Estate Tax Escrow   40,499   40,532   41,268          
Prepaid Expenses & Other Assets   41,201   44,736   50,721          
Financing & Leasing Fees   4,044   8,012   11,981          
Total Assets   6,477,959   6,711,023   6,915,919          
LIABILITIES AND PARTNERS' CAPITAL                      
Mortgage Notes Payable   5,212,864   5,292,511   5,362,109          
Accounts Payable and Accrued Expenses   55,116   52,095   73,289          
Advance Rental Payments and Security Deposits   113,084   95,642   74,615          
Total Liabilities   5,381,064   5,440,248   5,510,013          
Partners' Capital   1,096,895   1,270,775   1,405,906          
Total Liabilities and Capital   $ 6,477,959   $ 6,711,023   $ 6,915,919          
Partners' Capital % - NERA       50.00%   50.00%     50.00%    
Investment in Unconsolidated Joint Ventures           $ 702,953     $ 5,075,000    
Total units/ condominiums                      
Total | item   42   42   42     42    
Units to be retained | item   42   42   42          
Hamilton Minuteman | NERA 50%                      
LIABILITIES AND PARTNERS' CAPITAL                      
Partners' Capital % - NERA   50.00%                  
Investment in Unconsolidated Joint Ventures   $ 548,446   $ 635,388              
Hamilton Minuteman | Residential buildings                      
Total units/ condominiums                      
Total | item   42   42   42          
Hamilton on Main Apts                      
ASSETS                      
Rental Properties   $ 18,574,474   $ 19,408,575   $ 20,253,587          
Cash & Cash Equivalents   235,748   158,515   189,004          
Rent Receivable   11,684   7,495   5,697          
Real Estate Tax Escrow   81,815   62,290   72,308          
Prepaid Expenses & Other Assets   67,497   71,703   322,667          
Financing & Leasing Fees   139,111   155,162   7,716          
Total Assets   19,110,329   19,863,740   20,850,980          
LIABILITIES AND PARTNERS' CAPITAL                      
Mortgage Notes Payable   16,900,000   16,900,000   15,317,643          
Accounts Payable and Accrued Expenses   216,091   156,578   290,008          
Advance Rental Payments and Security Deposits   328,676   305,809   291,825          
Total Liabilities   17,444,767   17,362,387   15,899,476          
Partners' Capital   1,665,562   2,501,353   4,951,504          
Total Liabilities and Capital   $ 19,110,329   $ 19,863,740   $ 20,850,980          
Partners' Capital % - NERA       50.00%   50.00%       50.00%  
Investment in Unconsolidated Joint Ventures           $ 2,475,752       $ 8,000,000  
Total units/ condominiums                      
Total | item   148   148   148       280  
Units to be retained | item   148   148   148          
Hamilton on Main Apts | NERA 50%                      
LIABILITIES AND PARTNERS' CAPITAL                      
Partners' Capital % - NERA   50.00%                  
Investment in Unconsolidated Joint Ventures   $ 832,780   $ 1,250,676              
Hamilton on Main Apts | Residential buildings                      
Total units/ condominiums                      
Total | item   148   148   148          
Dexter Park                      
ASSETS                      
Rental Properties   $ 94,250,027   $ 97,142,777   $ 102,120,964          
Cash & Cash Equivalents   1,186,144   1,128,780   961,622          
Rent Receivable   66,818   94,857   91,701          
Real Estate Tax Escrow   210,446   294,748   427,084          
Prepaid Expenses & Other Assets   1,898,655   1,917,136   1,529,591          
Financing & Leasing Fees   222,906   281,222   340,362          
Total Assets   97,834,996   100,859,520   105,471,324          
LIABILITIES AND PARTNERS' CAPITAL                      
Mortgage Notes Payable   84,902,925   86,240,813   87,410,638          
Accounts Payable and Accrued Expenses   792,707   793,995   944,140          
Advance Rental Payments and Security Deposits   2,482,080   2,224,824   2,121,509          
Total Liabilities   88,177,712   89,259,632   90,476,287          
Partners' Capital   9,657,284   11,599,888   14,995,037          
Total Liabilities and Capital   $ 97,834,996   $ 100,859,520   $ 105,471,324          
Partners' Capital % - NERA       40.00%   40.00% 40.00%        
Investment in Unconsolidated Joint Ventures           $ 5,998,015 $ 15,925,000        
Total units/ condominiums                      
Total | item   409   409   409          
Units to be retained | item   409   409   409          
Dexter Park | NERA 40%                      
LIABILITIES AND PARTNERS' CAPITAL                      
Partners' Capital % - NERA   40.00%                  
Investment in Unconsolidated Joint Ventures   $ 3,862,914   $ 4,639,953              
Dexter Park | Residential buildings                      
Total units/ condominiums                      
Total | item   409   409   409