CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Cash Flows from Operating Activities
Net income	$ 4,950,852	$ 3,772,565	$ 1,024,850
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation and amortization	12,181,396	10,562,707	10,367,553
Amortization of deferred finance costs	188,256	171,066	183,974
(Income) loss from investments in joint venture	(1,785,827)	(868,574)	325,297
Gain on sale of real estate	(104,443)
Change in operating assets and liabilities
(Increase) decrease in rents receivable	(133,883)	40,481	21,924
(Decrease) Increase in accounts payable and accrued expense	(588,672)	1,541,650	(79,378)
(Increase) Decrease in insurance recovery receivable	(355,286)	(345,645)
(Increase) Decrease in real estate tax escrow	(73,644)	(30,640)	35,219
Decrease (Increase) in prepaid expenses and other assets	724,308	(1,597,603)	(345,132)
Increase in advance rental payments and security deposits	339,168	560,114	306,327
Total Adjustments	10,391,373	10,033,556	10,815,784
Net cash provided by operating activities	15,342,225	13,806,121	11,840,634
Cash Flows From Investing Activities
Proceeds from unconsolidated joint ventures	3,515,100	2,872,378	3,071,902
Distribution in excess of investment in unconsolidated joint ventures	515,362	990,262	272,500
(Investment) in unconsolidated joint ventures	(2,472,462)	(1,142,640)	(279,402)
Improvement of rental properties	(5,163,081)	(6,693,996)	(5,604,791)
Purchase of rental property		(6,201,930)
Net proceeds from the sale of real estate	772,987
Net cash (used in) investing activities	(2,832,094)	(10,175,926)	(2,539,791)
Cash Flows from Financing Activities
Payment of financing costs	(174,718)		(305,418)
Proceeds of mortgage notes payable	20,071,000		1,109,555
Payment of note payable	(25,000,000)
Principal payments of mortgage notes payable	(1,876,278)	(132,071)	(3,558,493)
Stock buyback	(1,634,945)	(3,429,953)	(2,685,583)
Distributions to partners	(6,729,679)	(3,785,883)	(3,858,386)
Net cash provided by (used in) financing activities	(15,344,620)	(7,347,907)	(9,298,325)
Net (Decrease) in Cash and Cash Equivalents	(2,834,489)	(3,717,712)	2,518
Cash and Cash Equivalents, at beginning of period	10,298,186	14,015,898	14,013,380
Cash and Cash Equivalents, at end of period	$ 7,463,697	$ 10,298,186	$ 14,015,898