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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Income) (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 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 $ 5,738,326 $ 5,899,236 $ 17,667,215 $ 18,015,365            
Laundry and Sundry Income 36,155 35,733 114,458 121,767            
Total Revenues 5,774,481 5,934,969 17,781,673 18,137,132            
Expenses                    
Administrative 78,977 78,481 228,243 247,198            
Depreciation and amortization 1,560,489 1,490,841 4,550,497 4,445,477            
Management Fees 148,298 167,430 500,439 521,231            
Operating 383,153 411,294 1,313,650 1,305,617            
Renting 118,612 166,929 217,329 256,965            
Repairs and Maintenance 945,909 905,924 2,319,272 2,315,834            
Taxes and Insurance 733,656 721,094 2,236,868 2,157,764            
Total Expenses 3,969,094 3,941,993 11,366,298 11,250,086            
Income Before Other Income 1,805,387 1,992,976 6,415,375 6,887,046            
Other Income (loss)                    
Interest Expense (1,645,737) (1,739,192) (4,933,332) (5,320,441)            
Interest Income   1   10            
Gain on Sale of Real Estate 1,865,705 901,980 4,236,349 1,137,450            
Total Other Income (Loss) 219,968 (837,211) (696,983) (4,182,981)            
Net Income (Loss) 2,025,355 1,155,765 5,718,392 2,704,065            
Proportionate share of net income (loss) 990,169 562,584 2,721,231 1,220,666            
Investment Properties | NERA 50%                    
Other Income (loss)                    
Proportionate share of net income (loss) 900,132 501,395 2,169,362 695,197            
Investment Properties | NERA 40%                    
Other Income (loss)                    
Proportionate share of net income (loss) 90,037 61,189 551,869 525,469            
Hamilton Essex 81                    
Revenues                    
Rental income   371,228                
Laundry and Sundry Income   2,675                
Total Revenues   373,903                
Expenses                    
Administrative   5,660                
Depreciation and amortization   113,626                
Management Fees   17,216                
Operating   24,073                
Renting   16,965                
Repairs and Maintenance   44,248                
Taxes and Insurance   56,037                
Total Expenses   277,825                
Income Before Other Income   96,078                
Other Income (loss)                    
Interest Expense   (72,768)                
Total Other Income (Loss)   (72,768)                
Net Income (Loss)   23,310                
Hamilton Essex 81 | NERA 50%                    
Revenues                    
Rental income 397,458   1,120,743 1,139,145            
Laundry and Sundry Income 2,825   10,415 11,032            
Total Revenues 400,283   1,131,158 1,150,177            
Expenses                    
Administrative 10,470   20,400 25,757            
Depreciation and amortization 114,334   341,332 338,820            
Management Fees 15,011   46,989 47,267            
Operating 15,471   55,178 74,431            
Renting 17,102   26,618 23,804            
Repairs and Maintenance 87,270   136,821 120,332            
Taxes and Insurance 59,780   180,881 171,345            
Total Expenses 319,438   808,219 801,756            
Income Before Other Income 80,845   322,939 348,421            
Other Income (loss)                    
Interest Expense (91,838)   (256,232) (214,415)            
Total Other Income (Loss) (91,838)   (256,232) (214,415)            
Net Income (Loss) (10,993)   66,707 134,006            
Proportionate share of net income (loss) $ (5,497) $ 11,655 $ 33,354 $ 67,003            
Ownership interest (as a percent) 50.00% 50.00% 50.00% 50.00%            
Hamilton Essex Development | NERA 50%                    
Revenues                    
Rental income $ 53,928 $ 60,000 $ 173,928 $ 180,000            
Total Revenues 53,928 60,000 173,928 180,000            
Expenses                    
Administrative 425 425 1,275 1,314            
Depreciation and amortization 707 707 2,122 2,122            
Management Fees 2,157 2,400 6,957 7,200            
Repairs and Maintenance     3,180 3,150            
Taxes and Insurance 14,979 14,062 44,059 44,664            
Total Expenses 18,268 17,594 57,593 58,450            
Income Before Other Income 35,660 42,406 116,335 121,550            
Other Income (loss)                    
Net Income (Loss) 35,660 42,406 116,335 121,550            
Proportionate share of net income (loss) $ 17,830 $ 21,203 $ 58,167 $ 60,775            
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 $ 368,508 $ 364,649 $ 1,095,674 $ 1,089,610            
Laundry and Sundry Income 1,723 725 3,860 2,823            
Total Revenues 370,231 365,374 1,099,534 1,092,433            
Expenses                    
Administrative 7,262 7,071 21,302 23,269            
Depreciation and amortization 87,406 86,988 260,841 260,819            
Management Fees 16,322 15,033 45,786 45,858            
Operating 14,768 16,670 51,188 53,336            
Renting 16,918 4,369 29,166 14,910            
Repairs and Maintenance 38,542 19,499 89,973 48,832            
Taxes and Insurance 31,003 30,006 97,973 94,429            
Total Expenses 212,221 179,636 596,229 541,453            
Income Before Other Income 158,010 185,738 503,305 550,980            
Other Income (loss)                    
Interest Expense (97,877) (99,433) (295,670) (298,442)            
Total Other Income (Loss) (97,877) (99,433) (295,670) (298,442)            
Net Income (Loss) 60,133 86,305 207,635 252,538            
Proportionate share of net income (loss) $ 30,067 $ 43,153 $ 103,818 $ 126,269            
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 $ 71,380 $ 177,852 $ 308,579 $ 650,328            
Total Revenues 71,380 177,852 308,579 650,328            
Expenses                    
Administrative 967 5,684 3,150 8,429            
Depreciation and amortization 45,626 58,998 136,877 177,062            
Management Fees 2,281 6,293 11,084 24,220            
Operating 205 147 305 732            
Renting 60   392 1,789            
Repairs and Maintenance 62,270 76,499 177,987 232,398            
Taxes and Insurance 23,473 35,405 80,038 121,614            
Total Expenses 134,882 183,026 409,833 566,244            
Income Before Other Income (63,502) (5,174) (101,254) 84,084            
Other Income (loss)                    
Interest Expense (190) (10,638) (967) (149,327)            
Interest Income   1   10            
Gain on Sale of Real Estate 848,484 802,129 1,787,816 802,129            
Total Other Income (Loss) 848,294 791,492 1,786,849 652,812            
Net Income (Loss) 784,792 786,318 1,685,595 736,896            
Proportionate share of net income (loss) $ 392,396 $ 393,159 $ 842,798 $ 368,448            
Ownership interest (as a percent) 50.00% 50.00% 50.00% 50.00%            
Hamilton Bay Sales | NERA 50%                    
Revenues                    
Rental income $ 1,540 $ 8,625 $ 6,822 $ 36,315            
Total Revenues 1,540 8,625 6,822 36,315            
Expenses                    
Administrative 1,558 2,328 3,706 5,312            
Depreciation and amortization 80,190 6,292 41,750 18,876            
Management Fees 37 336 245 1,412            
Operating   58 38 257            
Renting     181              
Repairs and Maintenance 226 5,187 3,326 18,756            
Taxes and Insurance 637 1,300 1,850 8,371            
Total Expenses 82,648 15,501 51,096 52,984            
Income Before Other Income (81,108) (6,876) (44,274) (16,669)            
Other Income (loss)                    
Interest Expense   (6) (2) (65)            
Gain on Sale of Real Estate   99,851 93,392 335,321            
Total Other Income (Loss)   99,845 93,390 335,256            
Net Income (Loss) (81,108) 92,969 49,116 318,587            
Proportionate share of net income (loss) $ (40,554) $ 46,485 $ 24,559 $ 159,294            
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 $ 101,378 $ 230,491 $ 499,341 $ 724,848            
Total Revenues 101,378 230,491 499,341 724,848            
Expenses                    
Administrative 1,945 2,386 7,142 8,257            
Depreciation and amortization 41,157 79,953 243,755 238,807            
Management Fees 3,463 8,964 18,332 28,568            
Operating 915 356 2,289 1,364            
Renting 60 3,400 241 4,354            
Repairs and Maintenance 60,661 104,886 253,489 305,491            
Taxes and Insurance 30,239 40,318 117,587 124,296            
Total Expenses 138,440 240,263 642,835 711,137            
Income Before Other Income (37,062) (9,772) (143,494) 13,711            
Other Income (loss)                    
Interest Expense (135) (65,351) (41,876) (196,329)            
Gain on Sale of Real Estate 1,017,221   2,355,141              
Total Other Income (Loss) 1,017,086 (65,351) 2,313,265 (196,329)            
Net Income (Loss) 980,024 (75,123) 2,169,771 (182,618)            
Proportionate share of net income (loss) $ 490,012 $ (37,562) $ 1,084,886 $ (91,309)            
Ownership interest (as a percent) 50.00% 50.00% 50.00% 50.00%            
Hamilton Minuteman                    
Revenues                    
Rental income   $ 251,118                
Laundry and Sundry Income   44                
Total Revenues   251,162                
Expenses                    
Administrative   2,625                
Depreciation and amortization   85,288                
Management Fees   10,469                
Operating   20,614                
Renting   819                
Repairs and Maintenance   (45,582)                
Taxes and Insurance   30,997                
Total Expenses   105,230                
Income Before Other Income   145,932                
Other Income (loss)                    
Interest Expense   (74,324)                
Total Other Income (Loss)   (74,324)                
Net Income (Loss)   71,608                
Ownership interest (as a percent)               50.00%    
Hamilton Minuteman | NERA 50%                    
Revenues                    
Rental income $ 258,529   $ 775,327 $ 742,872            
Laundry and Sundry Income 675   1,945 343            
Total Revenues 259,204   777,272 743,215            
Expenses                    
Administrative 1,460   3,871 5,225            
Depreciation and amortization 87,709   261,519 254,869            
Management Fees 9,858   30,327 30,392            
Operating 23,816   75,819 66,845            
Renting 941   5,044 5,621            
Repairs and Maintenance 20,636   59,922 65,358            
Taxes and Insurance 32,843   95,737 90,496            
Total Expenses 177,263   532,239 518,806            
Income Before Other Income 81,941   245,033 224,409            
Other Income (loss)                    
Interest Expense (59,802)   (177,821) (226,672)            
Total Other Income (Loss) (59,802)   (177,821) (226,672)            
Net Income (Loss) 22,139   67,212 (2,263)            
Proportionate share of net income (loss) $ 11,070 $ 35,804 $ 33,606 $ (1,132)            
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 $ 844,532 $ 820,748 $ 2,499,765 $ 2,425,746            
Laundry and Sundry Income 10,069 10,811 28,437 31,445            
Total Revenues 854,601 831,559 2,528,202 2,457,191            
Expenses                    
Administrative 8,683 11,545 25,920 31,677            
Depreciation and amortization 256,859 241,279 747,077 718,340            
Management Fees 33,685 33,611 99,767 97,873            
Operating 73,397 81,583 256,589 232,598            
Renting 9,764 3,590 31,162 13,106            
Repairs and Maintenance 159,062 180,736 486,489 407,989            
Taxes and Insurance 109,391 110,147 327,807 365,969            
Total Expenses 650,841 662,491 1,974,811 1,867,552            
Income Before Other Income 203,760 169,068 553,391 589,639            
Other Income (loss)                    
Interest Expense (194,143) (194,071) (577,041) (577,942)            
Total Other Income (Loss) (194,143) (194,071) (577,041) (577,942)            
Net Income (Loss) 9,617 (25,003) (23,650) 11,697            
Proportionate share of net income (loss) $ 4,809 $ (12,502) $ (11,824) $ 5,849            
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 $ 3,641,073 $ 3,614,525 $ 11,187,036 $ 11,026,501            
Laundry and Sundry Income 20,863 21,478 69,801 76,124            
Total Revenues 3,661,936 3,636,003 11,256,837 11,102,625            
Expenses                    
Administrative 46,207 40,757 141,477 137,958            
Depreciation and amortization 846,501 817,710 2,515,224 2,435,762            
Management Fees 65,484 73,108 240,952 238,441            
Operating 254,581 267,793 872,244 876,054            
Renting 73,767 137,786 124,525 193,381            
Repairs and Maintenance 517,242 520,451 1,108,085 1,113,528            
Taxes and Insurance 431,311 402,822 1,290,936 1,136,580            
Total Expenses 2,235,093 2,260,427 6,293,443 6,131,704            
Income Before Other Income 1,426,843 1,375,576 4,963,394 4,970,921            
Other Income (loss)                    
Interest Expense (1,201,752) (1,222,601) (3,583,723) (3,657,249)            
Total Other Income (Loss) (1,201,752) (1,222,601) (3,583,722) (3,657,249)            
Net Income (Loss) 225,091 152,975 1,379,672 1,313,672            
Proportionate share of net income (loss) $ 90,037 $ 61,189 $ 551,869 $ 525,469            
Ownership interest (as a percent) 40.00% 40.00% 40.00% 40.00%