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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Balance Sheet) (Details)
Sep. 30, 2016
USD ($)
property
Dec. 31, 2015
USD ($)
Sep. 30, 2015
USD ($)
property
Oct. 28, 2009
USD ($)
item
Oct. 03, 2005
USD ($)
item
Mar. 07, 2005
item
Mar. 02, 2005
USD ($)
item
Sep. 30, 2004
USD ($)
item
Aug. 31, 2004
USD ($)
item
Nov. 30, 2001
USD ($)
item
LIABILITIES AND PARTNERS' CAPITAL                    
Investment in Unconsolidated Joint Ventures $ 8,970,289 $ 7,819,162                
Distribution and Loss in Excess of investments in Unconsolidated Joint Venture (2,481,546) $ (2,288,090)                
Investment Properties                    
ASSETS                    
Rental Properties 144,074,716   $ 149,963,482              
Cash & Cash Equivalents 1,875,141   1,547,689              
Rent Receivable 431,805   139,874              
Real Estate Tax Escrow 1,221,204   651,669              
Prepaid Expenses & Other Assets 2,446,530   2,472,810              
Total Assets 150,049,396   154,775,524              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable 130,551,992   136,031,781              
Accounts Payable and Accrued Expenses 1,080,567   1,219,501              
Advance Rental Payments and Security Deposits 3,615,158   3,348,213              
Total Liabilities 135,247,717   140,599,495              
Partners' Capital 14,801,679   14,176,029              
Total Liabilities and Capital 150,049,396   154,775,524              
Investment in Unconsolidated Joint Ventures 8,970,289   8,299,289              
Distribution and Loss in Excess of investments in Unconsolidated Joint Venture (2,481,546)   (2,212,081)              
Total Investment in Unconsolidated Joint Ventures (Net) $ 6,488,743   $ 6,087,208              
Total units/ condominiums                    
Total | property 1,033   1,033              
Units to be retained | property 689   786              
Units to be sold | property 344   247              
Units sold | property 252   241              
Unsold units | property 44   6              
Units unsold with deposits for future sale | property 3   1              
Investment Properties | Residential buildings                    
Total units/ condominiums                    
Total | property 1,030   1,030              
Investment Properties | Commercial                    
Total units/ condominiums                    
Total | property 3   3              
Hamilton Essex 81                    
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable $ 9,875,898                  
Total units/ condominiums                    
Total | item           48        
Hamilton Essex 81 | NERA 50%                    
ASSETS                    
Rental Properties 8,129,487   $ 8,511,004              
Cash & Cash Equivalents 142,274   73,595              
Rent Receivable 49,547   40,921              
Real Estate Tax Escrow 81,827   104,165              
Prepaid Expenses & Other Assets 172,746   121,531              
Total Assets 8,575,881   8,851,216              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable 9,875,898   9,862,109              
Accounts Payable and Accrued Expenses 59,117   60,815              
Advance Rental Payments and Security Deposits 225,843   185,386              
Total Liabilities 10,160,858   10,108,310              
Partners' Capital (1,584,977)   (1,257,094)              
Total Liabilities and Capital $ 8,575,881   $ 8,851,216              
Partners' Capital % - NERA 50.00%   50.00%              
Distribution and Loss in Excess of investments in Unconsolidated Joint Venture $ (792,488)   $ (628,547)              
Total units/ condominiums                    
Total | property 49   49              
Units to be retained | property 49   49              
Hamilton Essex 81 | Residential buildings | NERA 50%                    
Total units/ condominiums                    
Total | property 48   48              
Hamilton Essex 81 | Commercial | NERA 50%                    
Total units/ condominiums                    
Total | property 1   1              
Hamilton Essex Development | NERA 50%                    
ASSETS                    
Rental Properties $ 2,616,545   $ 2,619,374              
Cash & Cash Equivalents 52,323   81,236              
Prepaid Expenses & Other Assets 982   903              
Total Assets 2,669,850   2,701,513              
LIABILITIES AND PARTNERS' CAPITAL                    
Accounts Payable and Accrued Expenses 1,275   1,133              
Total Liabilities 1,275   1,133              
Partners' Capital 2,668,575   2,700,380              
Total Liabilities and Capital $ 2,669,850   $ 2,701,513              
Partners' Capital % - NERA 50.00%   50.00%              
Investment in Unconsolidated Joint Ventures $ 1,334,288   $ 1,350,188              
Total units/ condominiums                    
Total | property 1   1              
Units to be retained | property 1   1              
Hamilton Essex Development | Commercial | NERA 50%                    
Total units/ condominiums                    
Total | property 1   1              
345 Franklin                    
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable $ 9,892,225                  
Partners' Capital % - NERA                   50.00%
Investment in Unconsolidated Joint Ventures                   $ 1,533,000
Total units/ condominiums                    
Total | item                   40
345 Franklin | NERA 50%                    
ASSETS                    
Rental Properties 6,521,385   $ 6,859,314              
Cash & Cash Equivalents 199,544   79,265              
Rent Receivable 18,009   8,582              
Real Estate Tax Escrow 45,014   42,400              
Prepaid Expenses & Other Assets 54,156   45,606              
Total Assets 6,838,108   7,035,167              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable 9,892,225   9,915,104              
Accounts Payable and Accrued Expenses 78,095   83,754              
Advance Rental Payments and Security Deposits 245,904   203,378              
Total Liabilities 10,216,224   10,202,236              
Partners' Capital (3,378,116)   (3,167,069)              
Total Liabilities and Capital $ 6,838,108   $ 7,035,167              
Partners' Capital % - NERA 50.00%   50.00%              
Distribution and Loss in Excess of investments in Unconsolidated Joint Venture $ (1,689,058)   $ (1,583,534)              
Total units/ condominiums                    
Total | property 40   40              
Units to be retained | property 40   40              
345 Franklin | Residential buildings | NERA 50%                    
Total units/ condominiums                    
Total | property 40   40              
Hamilton 1025                    
LIABILITIES AND PARTNERS' CAPITAL                    
Partners' Capital % - NERA             50.00%      
Investment in Unconsolidated Joint Ventures             $ 2,352,000      
Total units/ condominiums                    
Total | item             176      
Units to be retained | item             (49)      
Units sold 6           127      
Unsold units | property 48                  
Hamilton 1025 | NERA 50%                    
ASSETS                    
Rental Properties $ 4,074,383   $ 4,997,692              
Cash & Cash Equivalents 155,921   1,029              
Rent Receivable 35,302   4,272              
Real Estate Tax Escrow 659,841   75,984              
Prepaid Expenses & Other Assets     55,877              
Total Assets 4,925,447   5,134,854              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable     4,746,249              
Accounts Payable and Accrued Expenses 51,206   21,998              
Advance Rental Payments and Security Deposits 79,732   95,656              
Total Liabilities 130,938   4,863,903              
Partners' Capital 4,794,509   270,951              
Total Liabilities and Capital $ 4,925,447   $ 5,134,854              
Partners' Capital % - NERA 50.00%   50.00%              
Investment in Unconsolidated Joint Ventures $ 2,397,254   $ 135,476              
Total units/ condominiums                    
Total | property 176   176              
Units to be retained | property     49              
Units to be sold | property 176   127              
Units sold | property 133   127              
Unsold units | property 43                  
Units unsold with deposits for future sale | property 3                  
Hamilton 1025 | Residential buildings | NERA 50%                    
Total units/ condominiums                    
Total | property 175   175              
Hamilton 1025 | Commercial | NERA 50%                    
Total units/ condominiums                    
Total | property 1   1              
Hamilton Bay Sales | NERA 50%                    
ASSETS                    
Rental Properties $ 124,752   $ 672,579              
Cash & Cash Equivalents 97,332   8,171              
Rent Receivable 3,000   100              
Real Estate Tax Escrow 171                  
Prepaid Expenses & Other Assets     211,856              
Total Assets 225,255   892,706              
LIABILITIES AND PARTNERS' CAPITAL                    
Accounts Payable and Accrued Expenses 3,947   23,055              
Advance Rental Payments and Security Deposits 2,380   5,695              
Total Liabilities 6,327   28,750              
Partners' Capital 218,928   863,956              
Total Liabilities and Capital $ 225,255   $ 892,706              
Partners' Capital % - NERA 50.00%   50.00%              
Investment in Unconsolidated Joint Ventures $ 109,464   $ 431,978              
Total units/ condominiums                    
Total | property 120   120              
Units to be sold | property 120   120              
Units sold | property 119   114              
Unsold units | property 1   6              
Units unsold with deposits for future sale | property     1              
Hamilton Bay Sales | Residential buildings | NERA 50%                    
Total units/ condominiums                    
Total | property 120   120              
Hamilton Bay Apts                    
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable $ 4,447,269                  
Partners' Capital % - NERA         50.00%          
Investment in Unconsolidated Joint Ventures         $ 2,500,000          
Total units/ condominiums                    
Total | item         168          
Units to be retained | item         (48)          
Units sold | item         120          
Hamilton Bay Apts | NERA 50%                    
ASSETS                    
Rental Properties 5,956,617   $ 6,212,058              
Cash & Cash Equivalents 1,121   3,998              
Rent Receivable 15,687   2,820              
Real Estate Tax Escrow 44,049   55,215              
Prepaid Expenses & Other Assets 78,234   60,886              
Total Assets 6,095,708   6,334,977              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable 4,447,269   4,512,848              
Accounts Payable and Accrued Expenses 9,809   6,934              
Advance Rental Payments and Security Deposits 93,716   86,897              
Total Liabilities 4,550,794   4,606,679              
Partners' Capital 1,544,914   1,728,298              
Total Liabilities and Capital $ 6,095,708   $ 6,334,977              
Partners' Capital % - NERA 50.00%   50.00%              
Investment in Unconsolidated Joint Ventures $ 772,457   $ 864,149              
Total units/ condominiums                    
Total | property 48   48              
Units to be retained | property     48              
Units to be sold | property 48                  
Hamilton Bay Apts | Residential buildings | NERA 50%                    
Total units/ condominiums                    
Total | property 48   48              
Hamilton Minuteman                    
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable $ 5,877,338                  
Partners' Capital % - NERA               50.00%    
Investment in Unconsolidated Joint Ventures               $ 5,075,000    
Total units/ condominiums                    
Total | item               42    
Hamilton Minuteman | NERA 50%                    
ASSETS                    
Rental Properties 6,206,120   $ 6,371,641              
Cash & Cash Equivalents 89,502   60,545              
Rent Receivable 980   692              
Real Estate Tax Escrow 37,762   39,403              
Prepaid Expenses & Other Assets 67,687   39,742              
Total Assets 6,402,051   6,512,023              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable 5,877,338   5,228,371              
Accounts Payable and Accrued Expenses 42,713   59,805              
Advance Rental Payments and Security Deposits 112,168   107,428              
Total Liabilities 6,032,219   5,395,604              
Partners' Capital 369,832   1,116,419              
Total Liabilities and Capital $ 6,402,051   $ 6,512,023              
Partners' Capital % - NERA 50.00%   50.00%              
Investment in Unconsolidated Joint Ventures $ 184,916   $ 558,210              
Total units/ condominiums                    
Total | property 42   42              
Units to be retained | property 42   42              
Hamilton Minuteman | Residential buildings | NERA 50%                    
Total units/ condominiums                    
Total | property 42   42              
Hamilton on Main Apts                    
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable $ 16,772,927                  
Partners' Capital % - NERA                 50.00%  
Investment in Unconsolidated Joint Ventures                 $ 8,000,000  
Total units/ condominiums                    
Total | item                 280  
Units sold | item                 137  
Hamilton on Main Apts | NERA 50%                    
ASSETS                    
Rental Properties 17,972,191   $ 18,785,662              
Cash & Cash Equivalents 100,273   216,613              
Rent Receivable 20,473   12,320              
Real Estate Tax Escrow 135,659   91,842              
Prepaid Expenses & Other Assets 94,299   84,849              
Total Assets 18,322,895   19,191,286              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable 16,772,927   16,756,876              
Accounts Payable and Accrued Expenses 140,981   207,573              
Advance Rental Payments and Security Deposits 361,929   314,676              
Total Liabilities 17,275,837   17,279,125              
Partners' Capital 1,047,058   1,912,161              
Total Liabilities and Capital $ 18,322,895   $ 19,191,286              
Partners' Capital % - NERA 50.00%   50.00%              
Investment in Unconsolidated Joint Ventures $ 523,529   $ 956,080              
Total units/ condominiums                    
Total | property 148   148              
Units to be retained | property 148   148              
Hamilton on Main Apts | Residential buildings | NERA 50%                    
Total units/ condominiums                    
Total | property 148   148              
Dexter Park                    
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable $ 83,686,335                  
Partners' Capital % - NERA       40.00%            
Investment in Unconsolidated Joint Ventures       $ 15,925,000            
Total units/ condominiums                    
Total | item       409            
Dexter Park | NERA 40%                    
ASSETS                    
Rental Properties 92,473,236   $ 94,934,158              
Cash & Cash Equivalents 1,036,851   1,023,237              
Rent Receivable 288,807   70,167              
Real Estate Tax Escrow 216,881   242,660              
Prepaid Expenses & Other Assets 1,978,426   1,851,560              
Total Assets 95,994,201   98,121,782              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable 83,686,335   85,010,224              
Accounts Payable and Accrued Expenses 693,424   754,434              
Advance Rental Payments and Security Deposits 2,493,486   2,349,097              
Total Liabilities 86,873,245   88,113,755              
Partners' Capital 9,120,956   10,008,027              
Total Liabilities and Capital $ 95,994,201   $ 98,121,782              
Partners' Capital % - NERA 40.00%   40.00%              
Investment in Unconsolidated Joint Ventures $ 3,648,382   $ 4,003,209              
Total units/ condominiums                    
Total | property 409   409              
Units to be retained | property 409   409              
Dexter Park | Residential buildings | NERA 40%                    
Total units/ condominiums                    
Total | property 409   409