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RENTAL PROPERTIES (Details)
12 Months Ended
Dec. 31, 2019
USD ($)
property
item
Dec. 31, 2018
USD ($)
item
Dec. 31, 2017
item
RENTAL PROPERTIES      
Number of units | item 913 913 913
Rental properties      
Total fixed assets $ 398,554,000 $ 337,902,411  
Less: Accumulated depreciation (120,190,012) (107,391,148)  
Total fixed assets, net 278,363,988 230,511,263  
Land, improvements and parking lots      
Rental properties      
Total fixed assets $ 86,693,759 72,547,547  
Land, improvements and parking lots | Minimum      
Rental properties      
Useful Life 15 years    
Land, improvements and parking lots | Maximum      
Rental properties      
Useful Life 40 years    
Buildings and improvements      
Rental properties      
Total fixed assets $ 252,896,183 221,697,939  
Buildings and improvements | Minimum      
Rental properties      
Useful Life 15 years    
Buildings and improvements | Maximum      
Rental properties      
Useful Life 40 years    
Kitchen cabinets      
Rental properties      
Total fixed assets $ 17,376,841 12,134,519  
Kitchen cabinets | Minimum      
Rental properties      
Useful Life 5 years    
Kitchen cabinets | Maximum      
Rental properties      
Useful Life 10 years    
Carpets      
Rental properties      
Total fixed assets $ 10,976,972 7,591,591  
Carpets | Minimum      
Rental properties      
Useful Life 5 years    
Carpets | Maximum      
Rental properties      
Useful Life 10 years    
Air conditioning      
Rental properties      
Total fixed assets $ 573,389 603,149  
Air conditioning | Minimum      
Rental properties      
Useful Life 5 years    
Air conditioning | Maximum      
Rental properties      
Useful Life 10 years    
Laundry equipment      
Rental properties      
Total fixed assets $ 709,210 327,643  
Laundry equipment | Minimum      
Rental properties      
Useful Life 5 years    
Laundry equipment | Maximum      
Rental properties      
Useful Life 7 years    
Elevators      
Rental properties      
Total fixed assets $ 1,885,265 1,839,590  
Elevators | Minimum      
Rental properties      
Useful Life 20 years    
Elevators | Maximum      
Rental properties      
Useful Life 40 years    
Swimming pools      
Rental properties      
Total fixed assets $ 1,092,194 444,629  
Swimming pools | Minimum      
Rental properties      
Useful Life 10 years    
Swimming pools | Maximum      
Rental properties      
Useful Life 30 years    
Equipment      
Rental properties      
Total fixed assets $ 17,391,731 12,919,389  
Equipment | Minimum      
Rental properties      
Useful Life 5 years    
Equipment | Maximum      
Rental properties      
Useful Life 30 years    
Motor vehicles      
Rental properties      
Total fixed assets $ 178,847 216,260  
Useful Life 5 years    
Fences      
Rental properties      
Total fixed assets $ 38,482 38,213  
Fences | Minimum      
Rental properties      
Useful Life 5 years    
Fences | Maximum      
Rental properties      
Useful Life 15 years    
Furniture and fixtures      
Rental properties      
Total fixed assets $ 8,235,292 7,013,845  
Furniture and fixtures | Minimum      
Rental properties      
Useful Life 5 years    
Furniture and fixtures | Maximum      
Rental properties      
Useful Life 7 years    
Smoke alarms      
Rental properties      
Total fixed assets $ 505,835 $ 528,097  
Smoke alarms | Minimum      
Rental properties      
Useful Life 5 years    
Smoke alarms | Maximum      
Rental properties      
Useful Life 7 years    
Wholly owned properties      
RENTAL PROPERTIES      
Number of properties | property 29    
Investment Properties | Minimum      
RENTAL PROPERTIES      
Ownership interest (as a percent) 40.00%    
Investment Properties | Maximum      
RENTAL PROPERTIES      
Ownership interest (as a percent) 50.00%    
Residential and mixed-use properties | Wholly owned properties      
RENTAL PROPERTIES      
Number of units | item 2,892    
Number of properties | property 25    
Residential and mixed-use properties | Partially owned properties      
RENTAL PROPERTIES      
Number of units | item 688    
Number of properties | item 7    
Residential and mixed-use properties | Partially owned properties | Minimum      
RENTAL PROPERTIES      
Ownership interest (as a percent) 40.00%    
Residential and mixed-use properties | Investment Properties | Partially owned properties      
RENTAL PROPERTIES      
Number of properties | item 7    
Residential and mixed-use properties | Investment Properties | Partially owned properties | Minimum      
RENTAL PROPERTIES      
Ownership interest (as a percent) 40.00%    
Residential and mixed-use properties | Investment Properties | Partially owned properties | Maximum      
RENTAL PROPERTIES      
Ownership interest (as a percent) 50.00%    
Condominium | Wholly owned properties      
RENTAL PROPERTIES      
Number of units | item 19    
Number of properties | property 1