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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Hamilton Minuteman) (Details)
1 Months Ended 12 Months Ended
Sep. 12, 2016
USD ($)
Jun. 11, 2014
USD ($)
Jan. 31, 2007
USD ($)
Oct. 31, 2004
USD ($)
Dec. 31, 2016
USD ($)
item
Dec. 31, 2015
USD ($)
item
Dec. 31, 2014
USD ($)
item
Dec. 31, 2006
USD ($)
Sep. 30, 2004
USD ($)
item
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES                  
Investments in joint venture         $ 8,336,505 $ 7,819,162 $ 8,807,868    
Number of units | item             1,033    
Distribution to the Partnership         6,729,679 3,785,883 $ 3,858,386    
Outstanding amount of mortgage         $ 212,709,080 $ 194,500,820      
Hamilton Minuteman                  
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES                  
Investments in joint venture             $ 635,388   $ 5,075,000
Ownership interest (as a percent)           50.00% 50.00%   50.00%
Number of units | item         42 42 42   42
Cash contribution by the entity towards loan               $ 1,250,000  
Outstanding amount of mortgage         $ 6,000,000        
Hamilton Minuteman | Mortgage, 5.67%, January 2007                  
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES                  
Term of debt       10 years          
Hamilton Minuteman                  
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES                  
Distribution to the Partnership       $ 3,775,000          
Hamilton Minuteman | Mortgage, October 2004                  
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES                  
Mortgage amount       $ 8,025,000          
Hamilton Minuteman | Mortgage, 5.67%, January 2007                  
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES                  
Mortgage amount     $ 5,500,000            
Term of debt     10 years            
Interest rate (as a percent)     5.67%            
Period for which the entity is required to make interest only payments     5 months            
Amortization period of debt     30 years            
Residential buildings                  
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES                  
Number of units | item             1,030    
Residential buildings | Hamilton Minuteman                  
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES                  
Number of units | item         42 42 42    
Mortgages payable                  
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES                  
Outstanding amount of mortgage         $ 212,709,000        
Mortgages payable | Hamilton Minuteman                  
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES                  
Mortgage amount $ 6,000,000                
Distribution to the Partnership 385,000                
Amount of mortgage paid off 5,158,000                
Refinancing costs $ 123,000                
Interest rate (as a percent) 3.71%                
Period for which the entity is required to make interest only payments 15 years                
Mortgages payable | NERA Dean Street Associates, LLC                  
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES                  
Mortgage amount   $ 5,687,000              
Interest rate (as a percent)   4.22%              
Period for which the entity is required to make interest only payments   10 years