XML 60 R49.htm IDEA: XBRL DOCUMENT v3.19.1
MORTGAGE NOTES PAYABLE (Mortgage by property) (Details)
Mar. 29, 2018
USD ($)
item
Sep. 29, 2017
USD ($)
Jul. 06, 2017
USD ($)
item
Aug. 03, 2016
USD ($)
Jan. 07, 2016
USD ($)
Dec. 31, 2018
item
Dec. 31, 2017
USD ($)
item
Jul. 16, 2017
USD ($)
Dec. 31, 2016
item
MORTGAGE NOTES PAYABLE                  
Number of units | item           1,033 1,033   1,033
Line of credit             $ 2,000,000    
Hamilton Green                  
MORTGAGE NOTES PAYABLE                  
Closing Costs       $ 227,663          
Hamilton Essex 81                  
MORTGAGE NOTES PAYABLE                  
Number of units | item           49 49   49
Residences at Captain Parkers LLC Residential Apartments Lexington, Massachusetts                  
MORTGAGE NOTES PAYABLE                  
Closing Costs         $ 175,000        
Hamilton Highlands LLC Residential Needham Massachusetts [Member]                  
MORTGAGE NOTES PAYABLE                  
Number of units | item 79                
Loan amount $ 21,500,000                
Purchase price of real estate properties 34,500,000                
Cash payment 13,000,000                
Cash from reserves 5,000,000                
Line of credit $ 8,000,000                
Woodland Park Apartments LLC Newton Massachusetts                  
MORTGAGE NOTES PAYABLE                  
Number of units | item     126            
Loan amount   $ 22,250,000 $ 16,000,000         $ 16,000,000  
Purchase price of real estate properties     45,600,000            
Line of credit     $ 25,000,000            
Closing Costs   $ 116,000              
Interest rate (as a percent)   3.79%           4.75%  
Mortgages payable | Minimum                  
MORTGAGE NOTES PAYABLE                  
Interest rate (as a percent)           3.76%      
Mortgages payable | Maximum                  
MORTGAGE NOTES PAYABLE                  
Interest rate (as a percent)           5.81%