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MORTGAGE NOTES PAYABLE (Mortgage by property) (Details) - USD ($)
1 Months Ended 12 Months Ended
Sep. 30, 2015
Aug. 31, 2014
Dec. 31, 2005
Mar. 31, 2017
Jan. 15, 2016
Jan. 07, 2016
Line of Credit            
MORTGAGE NOTES PAYABLE            
Mortgage amount           $ 0
Residences at Captain Parkers LLC Residential Apartments Lexington, Massachusetts            
MORTGAGE NOTES PAYABLE            
Amount of loan proceeds utilized for pay off the existing mortgage         $ 2,000,000 23,000,000
Mortgages payable | Hamilton Essex 81            
MORTGAGE NOTES PAYABLE            
Term of debt 10 years          
Amount of loan proceeds utilized for pay off the existing mortgage $ 8,040,719          
Mortgages payable | Hamilton on Main Apartments, LLC            
MORTGAGE NOTES PAYABLE            
Amount of mortgage paid off   $ 15,205,000        
Term of debt   10 years 10 years      
Interest rate (as a percent)   4.34% 5.18%      
Period for which the entity is required to make interest only payments     3 years      
Amortization period of debt     30 years      
Mortgages payable | Residences at Captain Parkers LLC Residential Apartments Lexington, Massachusetts            
MORTGAGE NOTES PAYABLE            
Mortgage amount           $ 20,071,000
Mortgages payable | Minimum            
MORTGAGE NOTES PAYABLE            
Interest rate (as a percent)       2.80%    
Mortgages payable | Maximum            
MORTGAGE NOTES PAYABLE            
Interest rate (as a percent)       5.97%