CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Cash Flows from Operating Activities
Net income	$ 4,648,739	$ 2,592,212
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation and amortization	10,900,060	11,549,208
Amortization of deferred finance costs	281,848	161,226
(Income) from investments in joint venture	(1,287,339)	(1,073,692)
Change in operating assets and liabilities
Distribution from unconsolidated joint ventures	975,000	7,436,515
Decrease in rents receivable	205,546	(74,558)
Increrase (Decrease) in accounts payable and accrued expense	(169,704)	1,179,640
Decrease (Increase) in real estate tax escrow	69,574	(7,219)
(Increase) in prepaid expenses and other assets	(672,463)	(951,272)
Increase in advance rental payments and security deposits	788,204	4,633
Total Adjustments	11,090,726	18,224,481
Net cash provided by operating activities	15,739,465	20,816,693
Cash Flows From Investing Activities
Distribution in excess of investment in unconsolidated joint ventures	2,326,073	15,347,796
(Investment) in unconsolidated joint ventures	(33,073)	(1,107,646)
Improvement of rental properties	(2,593,079)	(3,058,648)
Purchase of rental property		(13,213,294)
Net cash (used in) investing activities	(300,079)	(2,031,792)
Cash Flows from Financing Activities
Payment of financing costs	(235,147)	(148,004)
Proceeds of mortgage notes payable	679,000	83,684
Payment of line of credit	(2,000,000)	(12,000,000)
Principal payments of mortgage notes payable	(1,591,251)	(1,366,143)
Stock buyback	(3,680,570)
Distributions to partners	(3,525,701)	(3,358,443)
Net cash (used in) provided by financing activities	(10,353,669)	(16,788,906)
Net Increase in Cash and Cash Equivalents	5,085,717	1,995,995
Cash and Cash Equivalents, at beginning of period	9,059,901	7,238,905
Cash and Cash Equivalents, at end of period	$ 14,145,618	$ 9,234,900