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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Hamilton Minuteman) (Details)
1 Months Ended 9 Months Ended
Sep. 12, 2016
USD ($)
Jan. 31, 2007
USD ($)
Oct. 31, 2004
USD ($)
Sep. 30, 2016
USD ($)
Sep. 30, 2015
USD ($)
Dec. 31, 2015
USD ($)
Dec. 31, 2006
USD ($)
Sep. 30, 2004
USD ($)
item
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES                
Investments in joint venture       $ 8,970,289   $ 7,819,162    
Distribution to the Partnership       2,810,776 $ 2,845,573      
Outstanding amount of mortgage       $ 213,089,003   $ 194,500,820    
Hamilton Minuteman                
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES                
Investments in joint venture               $ 5,075,000
Ownership interest (as a percent)               50.00%
Number of units | item               42
Cash contribution by the entity towards loan             $ 1,250,000  
Purchase price of investments               $ 10,100,000
Amount returned to partnership     $ 3,775,000          
Mortgages payable | Hamilton Minuteman                
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES                
Mortgage amount $ 6,000,000              
Distribution to the Partnership 385,000              
Term of debt   10 years            
Amount of mortgage paid off 5,158,000              
Refinancing costs $ 123,000              
Interest rate (as a percent) 3.71% 5.67%            
Period for which the entity is required to make interest only payments 15 years 5 years            
Amortization period of debt   30 years            
Borrowings   $ 5,500,000 $ 8,025,000