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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Hamilton on Main) (Details)
1 Months Ended 9 Months Ended 12 Months Ended
Aug. 31, 2014
USD ($)
Sep. 30, 2019
USD ($)
Sep. 30, 2018
USD ($)
property
Dec. 31, 2005
USD ($)
item
Dec. 31, 2018
USD ($)
Aug. 31, 2004
USD ($)
item
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Investments in joint venture   $ 1,439,724 $ 1,804,747   $ 1,985,680  
Number of units | property     913      
Outstanding amount of mortgage   251,505,292     $ 252,370,843  
Distribution to the Partnership   3,525,701 $ 3,358,443      
Hamilton on Main Apts            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Investments in joint venture           $ 8,000,000
Ownership interest (as a percent)     50.00%     50.00%
Number of units     148     280
Number of units sold | item           137
Purchase price of investments           $ 56,000,000
Residential buildings            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Number of units | property     910      
Residential buildings | Hamilton on Main Apts            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Number of units | property     148      
Mortgages payable | Hamilton on Main Apartments, LLC            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Term of debt 10 years     10 years    
Number of buildings | item       3    
Outstanding amount of mortgage   $ 16,900,000        
Interest rate (as a percent) 4.34%     5.18%    
Period for which the entity is required to make interest only payments       3 years    
Amortization period of debt       30 years    
Debt Instrument, Loan Proceeds distributed to the Partnership $ 850,000          
Term excluding period for which interest only payments to be made       7 years    
Net proceeds after funding escrow accounts and closing costs       $ 16,700,000    
Repayment of loan 15,205,000          
Cost associated with loan extension 161,000          
Borrowings $ 16,900,000     $ 16,825,000