CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Cash Flows from Operating Activities
Net income	$ 6,547,252	$ 4,169,090	$ 6,937,931
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation and amortization	14,684,248	15,568,973	13,462,395
Amortization of deferred finance costs	338,201	216,069	192,944
(Income) from investments in joint venture	(1,678,554)	(1,640,054)	(3,905,827)
Change in operating assets and liabilities
Proceeds from unconsolidated joint ventures	445,000	7,517,432	7,463,750
Decrease (Increase) in rents receivable	278,313	(170,878)	(24,418)
Increrase (Decrease) in accounts payable and accrued expense	346,378	587,379	(400,368)
Decrease in insurance recovery receivable			329,493
Decrease (Increase) in real estate tax escrow	49,043	(7,428)	(43,771)
(Increase) in prepaid expenses and other assets	(653,767)	(863,767)	(716,583)
Increase in advance rental payments and security deposits	2,092,781	254,730	306,316
Total Adjustments	15,901,643	21,462,456	16,663,931
Net cash provided by operating activities	22,448,895	25,631,546	23,601,862
Cash Flows From Investing Activities
Distribution in excess of investment in unconsolidated joint ventures	3,450,781	16,012,954	542,241
(Investment) in unconsolidated joint ventures	(43,422)	(1,118,717)	(2,746,991)
Improvement of rental properties	(3,897,872)	(4,117,770)	(5,795,148)
Purchase of rental property	(28,787,130)	(13,213,294)	(44,989,328)
Net cash (used in) investing activities	(29,277,643)	(2,436,827)	(52,989,226)
Cash Flows from Financing Activities
Payment of financing costs	(446,459)	(148,004)	(304,529)
Proceeds of mortgage notes payable		83,684	22,250,000
Proceeds notes payable	20,000,000		41,000,000
Payment of note payable	(4,000,000)	(15,000,000)	(24,000,000)
Principal payments of mortgage notes payable	(1,491,340)	(1,831,480)	(1,754,516)
Stock buyback	(4,050,137)		(42,548)
Distributions to partners	(4,696,893)	(4,477,923)	(7,985,835)
Net cash (used in) provided by financing activities	5,315,171	(21,373,723)	29,162,572
Net Increase in Cash and Cash Equivalents	(1,513,577)	1,820,996	(224,792)
Cash and Cash Equivalents, at beginning of period	9,059,901	7,238,905	7,463,697
Cash and Cash Equivalents, at end of period	$ 7,546,324	$ 9,059,901	$ 7,238,905