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SUBSEQUENT EVENTS (Details)
1 Months Ended 12 Months Ended 113 Months Ended
Mar. 01, 2017
USD ($)
Jan. 07, 2016
Jul. 31, 2014
Feb. 28, 2014
USD ($)
Dec. 31, 2016
USD ($)
shares
Dec. 31, 2015
USD ($)
shares
Dec. 31, 2014
USD ($)
shares
Dec. 31, 2016
USD ($)
$ / item
shares
Mar. 10, 2015
shares
Aug. 20, 2007
shares
Subsequent events                    
Number of depository receipts repurchased | shares               1,364,757    
Repurchase price of depository receipts (in dollars per receipt) | $ / item               27.12    
Payment on line of credit         $ 25,000,000          
Notes Payable           $ 25,000,000        
Repurchase of units | shares         965 2,279 1,834      
Total cost of repurchase         $ 1,634,945 $ 3,429,953 $ 2,685,583 $ 40,231,000    
Depository receipts authorized to be repurchased | shares                 2,000,000 300,000
Residences at Captain Parkers LLC Residential Apartments Lexington, Massachusetts | LIBOR                    
Subsequent events                    
Debt Instrument, Basis Spread on Variable Rate   2.01%                
Mortgages payable | Linhart L.P. Residential/Commercial Newton, Massachusetts                    
Subsequent events                    
Amount of mortgage paid off       $ 1,926,000            
Mortgages payable | Hamilton Linewt LLC Commercial-1031 Exchange Newton, Massachusetts                    
Subsequent events                    
Amount of mortgage paid off       $ 1,466,000            
Line of Credit | LIBOR                    
Subsequent events                    
Debt Instrument Description of Variable Rate Basis Used for Calculation of Base Rate     one month LIBOR              
Subsequent event | Hamilton Bay Apts                    
Subsequent events                    
Amount of mortgage paid off $ 4,444,918                  
Capital contributions $ 2,222,000                  
General Partnership                    
Subsequent events                    
Number of depository receipts repurchased | shares               162    
Total cost of repurchase         16,181 33,878 26,363      
Class B                    
Subsequent events                    
Number of depository receipts repurchased | shares               3,068    
Total cost of repurchase         $ 307,436 $ 643,682 $ 500,888