XML 44 R34.htm IDEA: XBRL DOCUMENT v3.7.0.1
RELATED PARTY TRANSACTIONS (Details)
3 Months Ended 15 Months Ended
Mar. 31, 2017
USD ($)
item
Mar. 31, 2016
USD ($)
Mar. 31, 2017
USD ($)
RELATED PARTY TRANSACTIONS      
Management fee as percentage of gross receipts rental revenue 4.00%    
Management fee as a percentage of gross receipts rental revenue of Linewt, LLC 3.00%    
Management fees of related party $ 537,000 $ 500,000  
Management fee 536,715 500,207  
Repairs and maintenance 1,455,621 1,627,700  
Administrative expense $ 525,736 498,255  
Number of limited partnerships and limited liability companies in which the entity has invested | item 9    
Dexter Park      
RELATED PARTY TRANSACTIONS      
Management fee as percentage of gross receipts rental revenue 2.00%    
President of Management Company      
RELATED PARTY TRANSACTIONS      
Quarterly fee for asset management consulting services $ 18,750 18,750  
Harold Brown | Minimum      
RELATED PARTY TRANSACTIONS      
Ownership interest (as a percent) 43.20%   43.20%
Harold Brown | Maximum      
RELATED PARTY TRANSACTIONS      
Ownership interest (as a percent) 56.00%   56.00%
General Partner or Management Company [Member]      
RELATED PARTY TRANSACTIONS      
Repairs and maintenance $ 50,000    
Administrative expense 91,000    
Commercial brokerage fees 1,000    
Expenses for construction, architectural services and supervision of capital projects 40,000    
Costs related to professional services 182,000 309,000  
Management Company [Member]      
RELATED PARTY TRANSACTIONS      
Reimbursement to related party for payroll transfers 811,000 712,000  
Employer contributions in 401K plan $ 0 0  
Number of accounting staff of related party providing bookkeeping and accounting functions | item 14    
Fees for accounting and bookkeeping services $ 31,250 $ 31,250  
Number of employees having ownership interest in the investment properties | item 6    
Fees for accounting and bookkeeping services per year     $ 125,000
Partially owned properties      
RELATED PARTY TRANSACTIONS      
Management fee as percentage of gross receipts rental revenue 4.00%    
Management fee $ 179,000    
Repairs and maintenance 22,000    
Administrative expense 8,000    
Construction, architectural services and supervision of capital projects 294,000    
Amount paid to related party $ 503,000    
Residential and mixed-use properties | Partially owned properties | Minimum      
RELATED PARTY TRANSACTIONS      
Ownership interest (as a percent) 40.00%   40.00%
Residential and mixed-use properties | Partially owned properties | Maximum      
RELATED PARTY TRANSACTIONS      
Ownership interest (as a percent) 50.00%   50.00%