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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Balance Sheet) (Details)
Mar. 31, 2017
USD ($)
property
item
Dec. 31, 2016
USD ($)
item
Mar. 31, 2016
USD ($)
property
Oct. 28, 2009
USD ($)
item
Oct. 03, 2005
USD ($)
item
Mar. 07, 2005
item
Mar. 02, 2005
USD ($)
item
Sep. 30, 2004
USD ($)
item
Aug. 31, 2004
USD ($)
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Nov. 30, 2001
USD ($)
item
LIABILITIES AND PARTNERS' CAPITAL                    
Investment in Unconsolidated Joint Ventures $ 9,955,145 $ 8,336,505                
Distribution and Loss in Excess of investments in Unconsolidated Joint Venture (2,636,410) $ (2,577,606)                
Investment Properties                    
ASSETS                    
Rental Properties 141,066,471   $ 147,408,613              
Cash & Cash Equivalents 2,423,420   1,586,477              
Rent Receivable 203,506   128,548              
Real Estate Tax Escrow 656,876   497,248              
Prepaid Expenses & Other Assets 2,090,797   2,463,770              
Total Assets 146,441,070   152,084,656              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable 125,320,159   135,277,998              
Accounts Payable and Accrued Expenses 980,329   1,070,460              
Advance Rental Payments and Security Deposits 3,853,054   3,759,860              
Total Liabilities 130,153,542   140,108,318              
Partners' Capital 16,287,528   11,976,338              
Total Liabilities and Capital 146,441,070   152,084,656              
Investment in Unconsolidated Joint Ventures 9,955,145   7,440,487              
Distribution and Loss in Excess of investments in Unconsolidated Joint Venture (2,636,410)   (2,384,811)              
Total Investment in Unconsolidated Joint Ventures (Net) $ 7,318,735   $ 5,055,676              
Total units/ condominiums                    
Total | property 1,033   1,033              
Units to be retained | property 690   786              
Units to be sold | property 343   247              
Units sold | property 264   244              
Unsold units | property 79   3              
Units unsold with deposits for future sale | property 14                  
Investment Properties | Residential buildings                    
Total units/ condominiums                    
Total | property 1,030   1,030              
Investment Properties | Commercial                    
Total units/ condominiums                    
Total | property 3   3              
Hamilton Essex 81                    
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable $ 9,882,793                  
Total units/ condominiums                    
Total | item           48        
Hamilton Essex 81 | NERA 50%                    
ASSETS                    
Rental Properties 7,907,838   $ 8,334,464              
Cash & Cash Equivalents 158,945   99,760              
Rent Receivable 17,373   64,319              
Real Estate Tax Escrow 119,722   33,350              
Prepaid Expenses & Other Assets 96,193   154,594              
Total Assets 8,300,071   8,686,487              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable 9,882,793   9,869,004              
Accounts Payable and Accrued Expenses 48,972   56,759              
Advance Rental Payments and Security Deposits 232,421   210,924              
Total Liabilities 10,164,186   10,136,687              
Partners' Capital (1,864,115)   (1,450,200)              
Total Liabilities and Capital $ 8,300,071   $ 8,686,487              
Partners' Capital % - NERA 50.00%   50.00%              
Distribution and Loss in Excess of investments in Unconsolidated Joint Venture $ (932,058)   $ (725,100)              
Total units/ condominiums                    
Total | property 49   49              
Units to be retained | property 49   49              
Hamilton Essex 81 | Residential buildings | NERA 50%                    
Total units/ condominiums                    
Total | property 48   48              
Hamilton Essex 81 | Commercial | NERA 50%                    
Total units/ condominiums                    
Total | property 1   1              
Hamilton Essex Development | NERA 50%                    
ASSETS                    
Rental Properties $ 2,622,729   $ 2,617,959              
Cash & Cash Equivalents 50,621   49,336              
Prepaid Expenses & Other Assets 246   226              
Total Assets 2,673,596   2,667,521              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable     0              
Accounts Payable and Accrued Expenses 623   426              
Total Liabilities 623   426              
Partners' Capital 2,672,973   2,667,095              
Total Liabilities and Capital $ 2,673,596   $ 2,667,521              
Partners' Capital % - NERA 50.00%   50.00%              
Investment in Unconsolidated Joint Ventures $ 1,336,486   $ 1,333,547              
Total units/ condominiums                    
Total | property 1   1              
Units to be retained | property 1   1              
Hamilton Essex Development | Commercial | NERA 50%                    
Total units/ condominiums                    
Total | property 1   1              
345 Franklin                    
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable $ 9,805,791                  
Partners' Capital % - NERA                   50.00%
Investment in Unconsolidated Joint Ventures                   $ 1,533,000
Total units/ condominiums                    
Total | item                   40
345 Franklin | NERA 50%                    
ASSETS                    
Rental Properties 6,542,738   $ 6,693,104              
Cash & Cash Equivalents 70,277   125,764              
Rent Receivable 3,496   2,253              
Real Estate Tax Escrow 45,948   40,392              
Prepaid Expenses & Other Assets 45,250   31,233              
Total Assets 6,707,709   6,892,746              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable 9,805,791   9,918,433              
Accounts Payable and Accrued Expenses 84,711   77,758              
Advance Rental Payments and Security Deposits 225,911   215,976              
Total Liabilities 10,116,413   10,212,167              
Partners' Capital (3,408,704)   (3,319,421)              
Total Liabilities and Capital $ 6,707,709   $ 6,892,746              
Partners' Capital % - NERA 50.00%   50.00%              
Distribution and Loss in Excess of investments in Unconsolidated Joint Venture $ (1,704,352)   $ (1,659,711)              
Total units/ condominiums                    
Total | property 40   40              
Units to be retained | property 40   40              
345 Franklin | Residential buildings | NERA 50%                    
Total units/ condominiums                    
Total | property 40   40              
Hamilton 1025                    
LIABILITIES AND PARTNERS' CAPITAL                    
Partners' Capital % - NERA             50.00%      
Investment in Unconsolidated Joint Ventures             $ 2,352,000      
Total units/ condominiums                    
Total | item             176      
Units to be retained | item (2)           (49)      
Units sold | item 6 10         127      
Unsold units | item 30                  
Hamilton 1025 | NERA 50%                    
ASSETS                    
Rental Properties $ 3,029,735   $ 4,882,565              
Cash & Cash Equivalents 490,522   14,124              
Rent Receivable 12,438   4,274              
Real Estate Tax Escrow     81,742              
Prepaid Expenses & Other Assets 131,148   58,033              
Total Assets 3,663,843   5,040,738              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable     4,710,990              
Accounts Payable and Accrued Expenses 15,600   24,052              
Advance Rental Payments and Security Deposits 49,544   102,088              
Total Liabilities 65,144   4,837,130              
Partners' Capital 3,598,699   203,608              
Total Liabilities and Capital $ 3,663,843   $ 5,040,738              
Partners' Capital % - NERA 50.00%   50.00%              
Investment in Unconsolidated Joint Ventures $ 1,799,349   $ 101,803              
Total units/ condominiums                    
Total | property 176   176              
Units to be retained | property     49              
Units to be sold | property 175   127              
Units sold | property 143   127              
Unsold units | property 32                  
Units unsold with deposits for future sale | property 4                  
Hamilton 1025 | Residential buildings | NERA 50%                    
Total units/ condominiums                    
Total | property 175   175              
Hamilton 1025 | Commercial | NERA 50%                    
Total units/ condominiums                    
Total | property 1   1              
Hamilton Bay Sales | NERA 50%                    
ASSETS                    
Rental Properties $ 145,134   $ 357,803              
Cash & Cash Equivalents 88   126,576              
Rent Receivable 225   1,520              
Prepaid Expenses & Other Assets 16,480   18,370              
Total Assets 161,927   504,269              
LIABILITIES AND PARTNERS' CAPITAL                    
Accounts Payable and Accrued Expenses 2,330   13,187              
Advance Rental Payments and Security Deposits 101   2,362              
Total Liabilities 2,431   15,549              
Partners' Capital 159,496   488,720              
Total Liabilities and Capital $ 161,927   $ 504,269              
Partners' Capital % - NERA 50.00%   50.00%              
Investment in Unconsolidated Joint Ventures $ 79,748   $ 244,359              
Total units/ condominiums                    
Total | property 120   120              
Units to be sold | property 120   120              
Units sold | property 120   117              
Unsold units | property     3              
Hamilton Bay Sales | Residential buildings | NERA 50%                    
Total units/ condominiums                    
Total | property 120   120              
Hamilton Bay Apts                    
LIABILITIES AND PARTNERS' CAPITAL                    
Partners' Capital % - NERA         50.00%          
Investment in Unconsolidated Joint Ventures         $ 2,500,000          
Total units/ condominiums                    
Total | item         168          
Units to be retained | item         (48)          
Units sold | item         120          
Hamilton Bay Apts | NERA 50%                    
ASSETS                    
Rental Properties $ 5,848,498   $ 6,095,119              
Cash & Cash Equivalents 17,718   11,116              
Rent Receivable 5,844   3,612              
Real Estate Tax Escrow 17,849   44,499              
Prepaid Expenses & Other Assets 103,595   66,580              
Total Assets 5,993,504   6,220,926              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable     4,480,571              
Accounts Payable and Accrued Expenses 5,782   9,900              
Advance Rental Payments and Security Deposits 75,660   99,093              
Total Liabilities 81,442   4,589,564              
Partners' Capital 5,912,062   1,631,362              
Total Liabilities and Capital $ 5,993,504   $ 6,220,926              
Partners' Capital % - NERA 50.00%   50.00%              
Investment in Unconsolidated Joint Ventures $ 2,956,030   $ 815,680              
Total units/ condominiums                    
Total | property 48   48              
Units to be retained | property     48              
Units to be sold | property 48                  
Units sold | property 1                  
Unsold units | property 47                  
Units unsold with deposits for future sale | property 10                  
Hamilton Bay Apts | Residential buildings | NERA 50%                    
Total units/ condominiums                    
Total | property 48   48              
Hamilton Minuteman                    
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable $ 5,881,680                  
Partners' Capital % - NERA               50.00%    
Investment in Unconsolidated Joint Ventures               $ 5,075,000    
Total units/ condominiums                    
Total | item               42    
Hamilton Minuteman | NERA 50%                    
ASSETS                    
Rental Properties 6,095,634   $ 6,273,766              
Cash & Cash Equivalents 60,393   60,710              
Rent Receivable 1,152   75              
Real Estate Tax Escrow 19,048   43,381              
Prepaid Expenses & Other Assets 31,844   39,366              
Total Assets 6,208,071   6,417,298              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable 5,881,680   5,189,002              
Accounts Payable and Accrued Expenses 61,455   63,090              
Advance Rental Payments and Security Deposits 124,719   117,749              
Total Liabilities 6,067,854   5,369,841              
Partners' Capital 140,217   1,047,457              
Total Liabilities and Capital $ 6,208,071   $ 6,417,298              
Partners' Capital % - NERA 50.00%   50.00%              
Investment in Unconsolidated Joint Ventures $ 70,108   $ 523,728              
Total units/ condominiums                    
Total | property 42   42              
Units to be retained | property 42   42              
Hamilton Minuteman | Residential buildings | NERA 50%                    
Total units/ condominiums                    
Total | property 42   42              
Hamilton on Main Apts                    
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable $ 16,780,953                  
Partners' Capital % - NERA                 50.00%  
Investment in Unconsolidated Joint Ventures                 $ 8,000,000  
Total units/ condominiums                    
Total | item                 280  
Units sold | item                 137  
Hamilton on Main Apts | NERA 50%                    
ASSETS                    
Rental Properties 17,593,862   $ 18,357,260              
Cash & Cash Equivalents 214,895   129,070              
Rent Receivable 11,479   14,814              
Real Estate Tax Escrow 213,815   37,745              
Prepaid Expenses & Other Assets 107,642   96,529              
Total Assets 18,141,693   18,635,418              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable 16,780,953   16,764,902              
Accounts Payable and Accrued Expenses 153,499   151,830              
Advance Rental Payments and Security Deposits 380,586   335,850              
Total Liabilities 17,315,038   17,252,582              
Partners' Capital 826,655   1,382,836              
Total Liabilities and Capital $ 18,141,693   $ 18,635,418              
Partners' Capital % - NERA 50.00%   50.00%              
Investment in Unconsolidated Joint Ventures $ 413,327   $ 691,418              
Total units/ condominiums                    
Total | property 148   148              
Units to be retained | property 148   148              
Hamilton on Main Apts | Residential buildings | NERA 50%                    
Total units/ condominiums                    
Total | property 148   148              
Dexter Park                    
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable $ 82,968,942                  
Partners' Capital % - NERA       40.00%            
Investment in Unconsolidated Joint Ventures       $ 15,925,000            
Total units/ condominiums                    
Total | item       409            
Dexter Park | NERA 40%                    
ASSETS                    
Rental Properties 91,280,303   $ 93,796,573              
Cash & Cash Equivalents 1,359,961   970,021              
Rent Receivable 151,499   37,681              
Real Estate Tax Escrow 240,494   216,139              
Prepaid Expenses & Other Assets 1,558,399   1,998,839              
Total Assets 94,590,656   97,019,253              
LIABILITIES AND PARTNERS' CAPITAL                    
Mortgage Notes Payable 82,968,942   84,345,096              
Accounts Payable and Accrued Expenses 607,357   673,458              
Advance Rental Payments and Security Deposits 2,764,112   2,675,818              
Total Liabilities 86,340,411   87,694,372              
Partners' Capital 8,250,245   9,324,881              
Total Liabilities and Capital $ 94,590,656   $ 97,019,253              
Partners' Capital % - NERA 40.00%   40.00%              
Investment in Unconsolidated Joint Ventures $ 3,300,097   $ 3,729,952              
Total units/ condominiums                    
Total | property 409   409              
Units to be retained | property 409   409              
Dexter Park | Residential buildings | NERA 40%                    
Total units/ condominiums                    
Total | property 409   409