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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Mortgage Maturities) (Details) - USD ($)
Mar. 31, 2020
Mar. 31, 2019
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES    
Less: unamortized deferred financing costs $ (1,521,000)  
Debt maturities net of unamortized deferred financing costs   $ 166,471,297
Weighted average interest rate (as a percent) 3.99%  
Effective interest rate (as a percent) 4.06%  
Investment Properties    
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES    
3/31/2019 $ 207,527  
3/31/2020 215,702  
3/31/2021 224,199  
3/31/2022 233,032  
3/31/2023 242,212  
Thereafter 166,081,458  
Total 167,204,130  
Less: unamortized deferred financing costs (823,189)  
Debt maturities net of unamortized deferred financing costs 166,380,941  
Hamilton Essex 81    
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES    
Thereafter 10,000,000  
Total 10,000,000  
Less: unamortized deferred financing costs (75,840)  
Debt maturities net of unamortized deferred financing costs 9,924,160 9,910,371
345 Franklin    
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES    
3/31/2019 207,527  
3/31/2020 215,702  
3/31/2021 224,199  
3/31/2022 233,032  
3/31/2023 242,212  
Thereafter 8,181,458  
Total 9,304,130  
Less: unamortized deferred financing costs (54,932)  
Debt maturities net of unamortized deferred financing costs 9,249,198 9,442,200
Hamilton Minuteman    
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES    
Thereafter 6,000,000  
Total 6,000,000  
Less: unamortized deferred financing costs (93,770)  
Debt maturities net of unamortized deferred financing costs 5,906,230 5,898,047
Hamilton on Main Apts    
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES    
Thereafter 16,900,000  
Total 16,900,000  
Less: unamortized deferred financing costs (70,893)  
Debt maturities net of unamortized deferred financing costs 16,829,107 16,813,056
Dexter Park    
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES    
Thereafter 125,000,000  
Total 125,000,000  
Less: unamortized deferred financing costs (527,754)  
Debt maturities net of unamortized deferred financing costs $ 124,472,246 $ 124,407,623