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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Mortgage Maturities) (Details) - USD ($)
Mar. 31, 2019
Mar. 31, 2018
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES    
Less: unamortized deferred financing costs $ (1,285,000)  
Debt maturities net of unamortized deferred financing costs   $ 123,720,733
Weighted average interest rate (as a percent) 3.87%  
Effective interest rate (as a percent) 3.94%  
Investment Properties    
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES    
3/31/2019 $ 199,661  
3/31/2020 207,527  
3/31/2021 215,702  
3/31/2022 224,199  
3/31/2023 233,032  
Thereafter 166,323,670  
Total 167,403,791  
Less: unamortized deferred financing costs (932,494)  
Debt maturities net of unamortized deferred financing costs 166,471,297  
Hamilton Essex 81    
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES    
Thereafter 10,000,000  
Total 10,000,000  
Less: unamortized deferred financing costs (89,629)  
Debt maturities net of unamortized deferred financing costs 9,910,371 9,896,582
345 Franklin    
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES    
3/31/2019 199,661  
3/31/2020 207,527  
3/31/2021 215,702  
3/31/2022 224,199  
3/31/2023 233,032  
Thereafter 8,423,670  
Total 9,503,791  
Less: unamortized deferred financing costs (61,591)  
Debt maturities net of unamortized deferred financing costs 9,442,200 9,627,636
Hamilton Minuteman    
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES    
Thereafter 6,000,000  
Total 6,000,000  
Less: unamortized deferred financing costs (101,953)  
Debt maturities net of unamortized deferred financing costs 5,898,047 5,889,863
Hamilton on Main Apts    
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES    
Thereafter 16,900,000  
Total 16,900,000  
Less: unamortized deferred financing costs (86,944)  
Debt maturities net of unamortized deferred financing costs 16,813,056 16,797,004
Dexter Park    
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES    
Thereafter 125,000,000  
Total 125,000,000  
Less: unamortized deferred financing costs (592,377)  
Debt maturities net of unamortized deferred financing costs $ 124,407,623 $ 81,509,648