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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Income) (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Oct. 28, 2009
Oct. 03, 2005
Mar. 02, 2005
Sep. 30, 2004
Aug. 31, 2004
Nov. 30, 2001
Investment Properties                    
Revenues                    
Rental income $ 12,116,129 $ 6,025,406 $ 11,928,889 $ 12,116,129            
Laundry and Sundry Income 86,033 44,100 78,303 86,033            
Total Revenues 12,202,162 6,069,506 12,007,192 12,202,162            
Expenses                    
Administrative 168,714 75,361 149,264 168,714            
Depreciation and amortization 2,954,638 1,482,711 2,990,008 2,954,638            
Management Fees 353,799 178,086 352,138 353,799            
Operating 894,324 390,264 930,496 894,324            
Renting 90,035 50,986 98,717 90,035            
Repairs and Maintenance 1,409,909 760,666 1,373,361 1,409,909            
Taxes and Insurance 1,436,671 715,582 1,503,213 1,436,671            
Total Expenses 7,308,090 3,653,656 7,397,197 7,308,090            
Income Before Other Income 4,894,072 2,415,850 4,609,995 4,894,072            
Other Income (loss)                    
Interest Expense (3,581,247) (1,787,741) (3,287,595) (3,581,247)            
Interest Income 9 5   9            
Gain on Sale of Real Estate 235,470 67,462 2,370,644 235,470            
Total Other Income (Loss) (3,345,768) (1,720,274) (916,951) (3,345,768)            
Net Income (Loss) 1,548,304 695,576 3,693,044 1,548,304            
Proportionate share of net income (loss) 658,082 288,478 1,731,062 658,082            
Investment Properties | NERA 50%                    
Other Income (loss)                    
Proportionate share of net income (loss) 193,802 51,238 1,269,232 193,802            
Investment Properties | NERA 40%                    
Other Income (loss)                    
Proportionate share of net income (loss) 464,280 237,240 461,830 464,280            
Hamilton Essex 81                    
Revenues                    
Rental income   369,120                
Laundry and Sundry Income   4,375                
Total Revenues   373,495                
Expenses                    
Administrative   4,545                
Depreciation and amortization   113,230                
Management Fees   15,366                
Operating   19,855                
Renting   6,299                
Repairs and Maintenance   42,149                
Taxes and Insurance   57,873                
Total Expenses   259,317                
Income Before Other Income   114,178                
Other Income (loss)                    
Interest Expense   (71,039)                
Total Other Income (Loss)   (71,039)                
Net Income (Loss)   43,139                
Hamilton Essex 81 | NERA 50%                    
Revenues                    
Rental income 767,917   723,284 767,917            
Laundry and Sundry Income 8,357   7,590 8,357            
Total Revenues 776,274   730,874 776,274            
Expenses                    
Administrative 20,096   9,929 20,096            
Depreciation and amortization 225,194   226,998 225,194            
Management Fees 30,050   31,978 30,050            
Operating 50,358   39,707 50,358            
Renting 6,839   9,516 6,839            
Repairs and Maintenance 76,084   49,551 76,084            
Taxes and Insurance 115,308   121,101 115,308            
Total Expenses 523,929   488,780 523,929            
Income Before Other Income 252,345   242,094 252,345            
Other Income (loss)                    
Interest Expense (141,647)   (164,394) (141,647)            
Total Other Income (Loss) (141,647)   (164,394) (141,647)            
Net Income (Loss) 110,698   77,700 110,698            
Proportionate share of net income (loss) $ 55,350 $ 21,570 $ 38,851 $ 55,350            
Ownership interest (as a percent) 50.00% 50.00% 50.00% 50.00%            
Hamilton Essex Development | NERA 50%                    
Revenues                    
Rental income $ 120,000 $ 60,000 $ 120,000 $ 120,000            
Total Revenues 120,000 60,000 120,000 120,000            
Expenses                    
Administrative 889 464 850 889            
Depreciation and amortization 1,415 707 1,415 1,415            
Management Fees 4,800 2,400 4,800 4,800            
Repairs and Maintenance 3,150 3,150 3,180 3,150            
Taxes and Insurance 30,602 15,431 29,080 30,602            
Total Expenses 40,856 22,152 39,325 40,856            
Income Before Other Income 79,144 37,848 80,675 79,144            
Other Income (loss)                    
Net Income (Loss) 79,144 37,848 80,675 79,144            
Proportionate share of net income (loss) $ 39,572 $ 18,924 $ 40,338 $ 39,572            
Ownership interest (as a percent) 50.00% 50.00% 50.00% 50.00%            
345 Franklin                    
Other Income (loss)                    
Ownership interest (as a percent)                   50.00%
345 Franklin | NERA 50%                    
Revenues                    
Rental income $ 724,962 $ 358,043 $ 727,167 $ 724,962            
Laundry and Sundry Income 2,097 507 2,136 2,097            
Total Revenues 727,059 358,550 729,303 727,059            
Expenses                    
Administrative 16,198 6,211 14,039 16,198            
Depreciation and amortization 173,831 86,915 173,435 173,831            
Management Fees 30,825 15,988 29,464 30,825            
Operating 36,666 16,542 36,420 36,666            
Renting 10,540 10,355 12,248 10,540            
Repairs and Maintenance 29,334 12,627 51,430 29,334            
Taxes and Insurance 64,423 30,407 66,970 64,423            
Total Expenses 361,817 179,045 384,006 361,817            
Income Before Other Income 365,242 179,505 345,297 365,242            
Other Income (loss)                    
Interest Expense (199,009) (99,505) (197,793) (199,009)            
Total Other Income (Loss) (199,009) (99,505) (197,793) (199,009)            
Net Income (Loss) 166,233 80,000 147,504 166,233            
Proportionate share of net income (loss) $ 83,116 $ 40,000 $ 73,751 $ 83,116            
Ownership interest (as a percent) 50.00% 50.00% 50.00% 50.00%            
Hamilton 1025                    
Other Income (loss)                    
Ownership interest (as a percent)             50.00%      
Hamilton 1025 | NERA 50%                    
Revenues                    
Rental income $ 472,476 $ 237,156 $ 237,200 $ 472,476            
Total Revenues 472,476 237,156 237,200 472,476            
Expenses                    
Administrative 2,745 1,319 2,184 2,745            
Depreciation and amortization 118,064 58,999 91,251 118,064            
Management Fees 17,927 8,402 8,803 17,927            
Operating 585 220 100 585            
Renting 1,789 1,789 332 1,789            
Repairs and Maintenance 155,898 78,417 115,717 155,898            
Taxes and Insurance 86,209 43,260 56,565 86,209            
Total Expenses 383,217 192,406 274,952 383,217            
Income Before Other Income 89,259 44,750 (37,752) 89,259            
Other Income (loss)                    
Interest Expense (138,688) (69,173) (777) (138,688)            
Interest Income 9 5   9            
Gain on Sale of Real Estate     939,332              
Total Other Income (Loss) (138,679) (69,168) 938,555 (138,679)            
Net Income (Loss) (49,420) (24,418) 900,803 (49,420)            
Proportionate share of net income (loss) $ (24,710) $ (12,209) $ 450,401 $ (24,710)            
Ownership interest (as a percent) 50.00% 50.00% 50.00% 50.00%            
Hamilton Bay Sales | NERA 50%                    
Revenues                    
Rental income $ 27,690 $ 11,025 $ 5,282 $ 27,690            
Total Revenues 27,690 11,025 5,282 27,690            
Expenses                    
Administrative 2,984 1,085 2,148 2,984            
Depreciation and amortization 12,584 6,291 (38,440) 12,584            
Management Fees 1,076 406 207 1,076            
Operating 200 48 38 200            
Renting     181              
Repairs and Maintenance 13,569 5,551 3,100 13,569            
Taxes and Insurance 7,071 2,855 1,213 7,071            
Total Expenses 37,484 16,236 (31,553) 37,484            
Income Before Other Income (9,794) (5,211) 36,835 (9,794)            
Other Income (loss)                    
Interest Expense (59) (11) (2) (59)            
Gain on Sale of Real Estate 235,470 67,462 93,392 235,470            
Total Other Income (Loss) 235,411 67,451 93,390 235,411            
Net Income (Loss) 225,617 62,240 130,225 225,617            
Proportionate share of net income (loss) $ 112,809 $ 31,120 $ 65,113 $ 112,809            
Ownership interest (as a percent) 50.00% 50.00% 50.00% 50.00%            
Hamilton Bay Apts                    
Other Income (loss)                    
Ownership interest (as a percent)           50.00%        
Hamilton Bay Apts | NERA 50%                    
Revenues                    
Rental income $ 494,357 $ 245,530 $ 397,962 $ 494,357            
Total Revenues 494,357 245,530 397,962 494,357            
Expenses                    
Administrative 5,870 3,890 5,197 5,870            
Depreciation and amortization 158,855 79,462 202,598 158,855            
Management Fees 19,604 9,362 14,869 19,604            
Operating 1,008 714 1,374 1,008            
Renting 954 477 181 954            
Repairs and Maintenance 200,605 100,814 192,826 200,605            
Taxes and Insurance 83,979 42,070 87,349 83,979            
Total Expenses 470,875 236,789 504,394 470,875            
Income Before Other Income 23,482 8,741 (106,432) 23,482            
Other Income (loss)                    
Interest Expense (130,978) (65,065) (41,741) (130,978)            
Gain on Sale of Real Estate     1,337,920              
Total Other Income (Loss) (130,978) (65,065) 1,296,179 (130,978)            
Net Income (Loss) (107,496) (56,324) 1,189,747 (107,496)            
Proportionate share of net income (loss) $ (53,749) $ (28,162) $ 594,874 $ (53,749)            
Ownership interest (as a percent) 50.00% 50.00% 50.00% 50.00%            
Hamilton Minuteman                    
Revenues                    
Rental income   $ 243,193                
Laundry and Sundry Income   53                
Total Revenues   243,246                
Expenses                    
Administrative   1,293                
Depreciation and amortization   84,896                
Management Fees   9,588                
Operating   22,568                
Renting   947                
Repairs and Maintenance   57,281                
Taxes and Insurance   30,075                
Total Expenses   206,648                
Income Before Other Income   36,598                
Other Income (loss)                    
Interest Expense   (76,031)                
Total Other Income (Loss)   (76,031)                
Net Income (Loss)   (39,433)                
Ownership interest (as a percent)               50.00%    
Hamilton Minuteman | NERA 50%                    
Revenues                    
Rental income $ 491,754   $ 516,798 $ 491,754            
Laundry and Sundry Income 299   1,270 299            
Total Revenues 492,053   518,068 492,053            
Expenses                    
Administrative 2,600   2,411 2,600            
Depreciation and amortization 169,581   173,810 169,581            
Management Fees 19,922   20,466 19,922            
Operating 46,231   52,003 46,231            
Renting 4,802   4,104 4,802            
Repairs and Maintenance 110,941   39,286 110,941            
Taxes and Insurance 59,499   62,894 59,499            
Total Expenses 413,576   354,974 413,576            
Income Before Other Income 78,477   163,094 78,477            
Other Income (loss)                    
Interest Expense (152,347)   (118,019) (152,347)            
Total Other Income (Loss) (152,347)   (118,019) (152,347)            
Net Income (Loss) (73,870)   45,075 (73,870)            
Proportionate share of net income (loss) $ (36,936) $ (19,717) $ 22,538 $ (36,936)            
Ownership interest (as a percent) 50.00% 50.00% 50.00% 50.00%            
Hamilton on Main Apts                    
Other Income (loss)                    
Ownership interest (as a percent)                 50.00%  
Hamilton on Main Apts | NERA 50%                    
Revenues                    
Rental income $ 1,604,997 $ 806,669 $ 1,655,234 $ 1,604,997            
Laundry and Sundry Income 20,634 10,051 18,368 20,634            
Total Revenues 1,625,631 816,720 1,673,602 1,625,631            
Expenses                    
Administrative 20,131 8,623 17,237 20,131            
Depreciation and amortization 477,061 239,165 490,218 477,061            
Management Fees 64,262 32,337 66,082 64,262            
Operating 151,015 81,925 183,191 151,015            
Renting 9,516 4,013 21,398 9,516            
Repairs and Maintenance 227,253 131,233 327,427 227,253            
Taxes and Insurance 255,822 128,012 218,416 255,822            
Total Expenses 1,205,060 625,308 1,323,969 1,205,060            
Income Before Other Income 420,571 191,412 349,633 420,571            
Other Income (loss)                    
Interest Expense (383,871) (191,988) (382,898) (383,871)            
Total Other Income (Loss) (383,871) (191,988) (382,898) (383,871)            
Net Income (Loss) 36,700 (576) (33,265) 36,700            
Proportionate share of net income (loss) $ 18,350 $ (288) $ (16,633) $ 18,350            
Ownership interest (as a percent) 50.00% 50.00% 50.00% 50.00%            
Dexter Park                    
Other Income (loss)                    
Ownership interest (as a percent)         40.00%          
Dexter Park | NERA 40%                    
Revenues                    
Rental income $ 7,411,976 $ 3,694,670 $ 7,545,962 $ 7,411,976            
Laundry and Sundry Income 54,646 29,114 48,939 54,646            
Total Revenues 7,466,622 3,723,784 7,594,901 7,466,622            
Expenses                    
Administrative 97,201 47,931 95,269 97,201            
Depreciation and amortization 1,618,053 813,046 1,668,723 1,618,053            
Management Fees 165,333 84,237 175,469 165,333            
Operating 608,261 248,392 617,663 608,261            
Renting 55,595 27,106 50,757 55,595            
Repairs and Maintenance 593,075 329,444 590,844 593,075            
Taxes and Insurance 733,758 365,599 859,625 733,758            
Total Expenses 3,871,276 1,915,755 4,058,350 3,871,276            
Income Before Other Income 3,595,346 1,808,029 3,536,551 3,595,346            
Other Income (loss)                    
Interest Expense (2,434,648) (1,214,929) (2,381,971) (2,434,648)            
Total Other Income (Loss) (2,434,648) (1,214,929) (2,381,970) (2,434,648)            
Net Income (Loss) 1,160,698 593,100 1,154,581 1,160,698            
Proportionate share of net income (loss) $ 464,280 $ 237,240 $ 461,830 $ 464,280            
Ownership interest (as a percent) 40.00% 40.00% 40.00% 40.00%