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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Balance Sheet) (Details)
Mar. 31, 2016
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Dec. 31, 2015
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Mar. 31, 2015
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Oct. 28, 2009
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Oct. 03, 2005
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Mar. 07, 2005
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Mar. 02, 2005
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Sep. 30, 2004
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Aug. 31, 2004
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Nov. 30, 2001
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LIABILITIES AND PARTNERS' CAPITAL                    
Investment in Unconsolidated Joint Ventures $ 7,440,487 $ 7,819,162                
Distribution and Loss in Excess of investments in Unconsolidated Joint Venture (2,384,811) $ (2,288,090)                
Investment Properties                    
ASSETS                    
Rental Properties 147,408,613   $ 152,626,070              
Cash & Cash Equivalents 1,586,477   1,520,246              
Rent Receivable 128,548   128,112              
Real Estate Tax Escrow 497,248   660,430              
Prepaid Expenses & Other Assets 2,463,770   2,156,012              
Total Assets 152,084,656   157,090,870              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable 135,277,998   136,899,687              
Accounts Payable and Accrued Expenses 1,070,460   1,007,859              
Advance Rental Payments and Security Deposits 3,759,860   3,471,735              
Total Liabilities 140,108,318   141,379,281              
Partners' Capital 11,976,338   15,711,589              
Total Liabilities and Capital 152,084,656   157,090,870              
Investment in Unconsolidated Joint Ventures 7,440,487   8,268,172              
Distribution and Loss in Excess of investments in Unconsolidated Joint Venture (2,384,811)   (1,487,939)              
Total Investment in Unconsolidated Joint Ventures (Net) $ 5,055,676   $ 6,780,233              
Total units/ condominiums                    
Total | item 1,033   1,033              
Units to be retained | item 786   786              
Units to be sold | item 244   247              
Units sold | item 247   240              
Unsold units | item 3   7              
Investment Properties | Residential buildings                    
Total units/ condominiums                    
Total | item 1,030   1,030              
Investment Properties | Commercial                    
Total units/ condominiums                    
Total | item 3   3              
Hamilton Essex 81                    
ASSETS                    
Rental Properties $ 8,334,464   $ 8,636,396              
Cash & Cash Equivalents 99,760   53,122              
Rent Receivable 64,319   30,694              
Real Estate Tax Escrow 33,350   114,280              
Prepaid Expenses & Other Assets 154,594   76,589              
Total Assets 8,686,487   8,911,081              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable 9,869,004   8,049,703              
Accounts Payable and Accrued Expenses 56,759   44,904              
Advance Rental Payments and Security Deposits 210,924   174,416              
Total Liabilities 10,136,687   8,269,023              
Partners' Capital (1,450,200)   642,058              
Total Liabilities and Capital 8,686,487   8,911,081              
Investment in Unconsolidated Joint Ventures     $ 321,028              
Distribution and Loss in Excess of investments in Unconsolidated Joint Venture $ (725,100)                  
Total units/ condominiums                    
Total | item 49   49     48        
Units to be retained | item 49   49              
Hamilton Essex 81 | NERA 50%                    
LIABILITIES AND PARTNERS' CAPITAL                    
Partners' Capital % - NERA 50.00%   50.00%              
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 $ 2,617,959   $ 2,620,789              
Cash & Cash Equivalents 49,336   49,826              
Prepaid Expenses & Other Assets 226   224              
Total Assets 2,667,521   2,670,839              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable     1,970,977              
Accounts Payable and Accrued Expenses 426   4,941              
Total Liabilities 426   1,975,918              
Partners' Capital 2,667,095   694,921              
Total Liabilities and Capital 2,667,521   2,670,839              
Investment in Unconsolidated Joint Ventures $ 1,333,547   $ 347,460              
Total units/ condominiums                    
Total | item 1   1              
Units to be retained | item 1   1              
Hamilton Essex Development | NERA 50%                    
LIABILITIES AND PARTNERS' CAPITAL                    
Partners' Capital % - NERA 50.00%   50.00%              
Hamilton Essex Development | Commercial                    
Total units/ condominiums                    
Total | item 1   1              
345 Franklin                    
ASSETS                    
Rental Properties $ 6,693,104   $ 7,040,787              
Cash & Cash Equivalents 125,764   107,441              
Rent Receivable 2,253   5,470              
Real Estate Tax Escrow 40,392   41,532              
Prepaid Expenses & Other Assets 31,233   26,198              
Total Assets 6,892,746   7,221,428              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable 9,918,433   9,911,775              
Accounts Payable and Accrued Expenses 77,758   81,557              
Advance Rental Payments and Security Deposits 215,976   203,975              
Total Liabilities 10,212,167   10,197,307              
Partners' Capital (3,319,421)   (2,975,879)              
Total Liabilities and Capital 6,892,746   7,221,428              
Partners' Capital % - NERA                   50.00%
Investment in Unconsolidated Joint Ventures                   $ 1,533,000
Distribution and Loss in Excess of investments in Unconsolidated Joint Venture $ (1,659,711)   $ (1,487,939)              
Total units/ condominiums                    
Total | item 40   40             40
Units to be retained | item 40   40              
345 Franklin | NERA 50%                    
LIABILITIES AND PARTNERS' CAPITAL                    
Partners' Capital % - NERA 50.00%   50.00%              
345 Franklin | Residential buildings                    
Total units/ condominiums                    
Total | item 40   40              
Hamilton 1025                    
ASSETS                    
Rental Properties $ 4,882,565   $ 5,097,980              
Cash & Cash Equivalents 14,124   36,196              
Rent Receivable 4,274   3,077              
Real Estate Tax Escrow 81,742   73,919              
Prepaid Expenses & Other Assets 58,033   47,558              
Total Assets 5,040,738   5,258,730              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable 4,710,990   4,778,978              
Accounts Payable and Accrued Expenses 24,052   21,772              
Advance Rental Payments and Security Deposits 102,088   95,932              
Total Liabilities 4,837,130   4,896,682              
Partners' Capital 203,608   362,048              
Total Liabilities and Capital 5,040,738   5,258,730              
Partners' Capital % - NERA             50.00%      
Investment in Unconsolidated Joint Ventures $ 101,803   $ 181,023       $ 2,352,000      
Total units/ condominiums                    
Total | item 176   176       176      
Units to be retained | item 49   49       49      
Units to be sold | item 127   127              
Units sold | item 127   127       127      
Hamilton 1025 | NERA 50%                    
LIABILITIES AND PARTNERS' CAPITAL                    
Partners' Capital % - NERA 50.00%   50.00%              
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 $ 357,803   $ 802,055              
Cash & Cash Equivalents 126,576   15,110              
Rent Receivable 1,520   0              
Prepaid Expenses & Other Assets 18,370   20,197              
Total Assets 504,269   837,362              
LIABILITIES AND PARTNERS' CAPITAL                    
Accounts Payable and Accrued Expenses 13,187   20,019              
Advance Rental Payments and Security Deposits 2,362   11,114              
Total Liabilities 15,549   31,133              
Partners' Capital 488,720   806,229              
Total Liabilities and Capital 504,269   837,362              
Investment in Unconsolidated Joint Ventures $ 244,359   $ 403,114              
Total units/ condominiums                    
Total | item 120   120              
Units to be sold | item 117   120              
Units sold | item 120   113              
Unsold units | item 3   7              
Hamilton Bay Sales | NERA 50%                    
LIABILITIES AND PARTNERS' CAPITAL                    
Partners' Capital % - NERA 50.00%   50.00%              
Hamilton Bay Sales | Residential buildings                    
Total units/ condominiums                    
Total | item 120   120              
Hamilton Bay Apts                    
ASSETS                    
Rental Properties $ 6,095,119   $ 6,344,523              
Cash & Cash Equivalents 11,116   30,261              
Rent Receivable 3,612   8,531              
Real Estate Tax Escrow 44,499   51,749              
Prepaid Expenses & Other Assets 66,580   49,482              
Total Assets 6,220,926   6,484,546              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable 4,480,571   4,544,146              
Accounts Payable and Accrued Expenses 9,900   13,657              
Advance Rental Payments and Security Deposits 99,093   93,589              
Total Liabilities 4,589,564   4,651,392              
Partners' Capital 1,631,362   1,833,154              
Total Liabilities and Capital 6,220,926   6,484,546              
Partners' Capital % - NERA         50.00%          
Investment in Unconsolidated Joint Ventures $ 815,680   $ 916,577   $ 2,500,000          
Total units/ condominiums                    
Total | item 48   48   168          
Units to be retained | item 48   48   48          
Units sold | item         120          
Hamilton Bay Apts | NERA 50%                    
LIABILITIES AND PARTNERS' CAPITAL                    
Partners' Capital % - NERA 50.00%   50.00%              
Hamilton Bay Apts | Residential buildings                    
Total units/ condominiums                    
Total | item 48   48              
Hamilton Minuteman                    
ASSETS                    
Rental Properties $ 6,273,766   $ 6,483,432              
Cash & Cash Equivalents 60,710   51,370              
Rent Receivable 75   287              
Real Estate Tax Escrow 43,381   39,769              
Prepaid Expenses & Other Assets 39,366   42,326              
Total Assets 6,417,298   6,617,184              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable 5,189,002   5,264,978              
Accounts Payable and Accrued Expenses 63,090   52,119              
Advance Rental Payments and Security Deposits 117,749   96,246              
Total Liabilities 5,369,841   5,413,343              
Partners' Capital 1,047,457   1,203,841              
Total Liabilities and Capital 6,417,298   6,617,184              
Partners' Capital % - NERA               50.00%    
Investment in Unconsolidated Joint Ventures $ 523,728   $ 601,920         $ 5,075,000    
Total units/ condominiums                    
Total | item 42   42         42    
Units to be retained | item 42   42              
Hamilton Minuteman | NERA 50%                    
LIABILITIES AND PARTNERS' CAPITAL                    
Partners' Capital % - NERA 50.00%   50.00%              
Hamilton Minuteman | Residential buildings                    
Total units/ condominiums                    
Total | item 42   42              
Hamilton on Main Apts                    
ASSETS                    
Rental Properties $ 18,357,260   $ 19,225,373              
Cash & Cash Equivalents 129,070   191,526              
Rent Receivable 14,814   8,901              
Real Estate Tax Escrow 37,745   78,483              
Prepaid Expenses & Other Assets 96,529   92,912              
Total Assets 18,635,418   19,597,195              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable 16,764,902   16,748,850              
Accounts Payable and Accrued Expenses 151,830   142,669              
Advance Rental Payments and Security Deposits 335,850   316,025              
Total Liabilities 17,252,582   17,207,544              
Partners' Capital 1,382,836   2,389,651              
Total Liabilities and Capital 18,635,418   19,597,195              
Partners' Capital % - NERA                 50.00%  
Investment in Unconsolidated Joint Ventures $ 691,418   $ 1,194,825           $ 8,000,000  
Total units/ condominiums                    
Total | item 148   148           280  
Units to be retained | item 148   148              
Units sold | item                 137  
Hamilton on Main Apts | NERA 50%                    
LIABILITIES AND PARTNERS' CAPITAL                    
Partners' Capital % - NERA 50.00%   50.00%              
Hamilton on Main Apts | Residential buildings                    
Total units/ condominiums                    
Total | item 148   148              
Dexter Park                    
ASSETS                    
Rental Properties $ 93,796,573   $ 96,374,735              
Cash & Cash Equivalents 970,021   985,394              
Rent Receivable 37,681   71,152              
Real Estate Tax Escrow 216,139   260,698              
Prepaid Expenses & Other Assets 1,998,839   1,800,526              
Total Assets 97,019,253   99,492,505              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable 84,345,096   85,630,280              
Accounts Payable and Accrued Expenses 673,458   626,221              
Advance Rental Payments and Security Deposits 2,675,818   2,480,438              
Total Liabilities 87,694,372   88,736,939              
Partners' Capital 9,324,881   10,755,566              
Total Liabilities and Capital 97,019,253   99,492,505              
Partners' Capital % - NERA       40.00%            
Investment in Unconsolidated Joint Ventures $ 3,729,952   $ 4,302,225 $ 15,925,000            
Total units/ condominiums                    
Total | item 409   409 409            
Units to be retained | item 409   409              
Dexter Park | NERA 40%                    
LIABILITIES AND PARTNERS' CAPITAL                    
Partners' Capital % - NERA 40.00%   40.00%              
Dexter Park | Residential buildings                    
Total units/ condominiums                    
Total | item 409   409