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RELATED PARTY TRANSACTIONS (Details)
3 Months Ended 6 Months Ended 24 Months Ended
Jun. 30, 2020
USD ($)
Jun. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
item
Jun. 30, 2019
USD ($)
Jun. 30, 2018
USD ($)
Dec. 31, 2019
USD ($)
Dec. 20, 2019
USD ($)
RELATED PARTY TRANSACTIONS              
Management fee as percentage of gross receipts rental revenue     4.00%        
Management fee as a percentage of gross receipts rental revenue of Linewt, LLC     3.00%        
Management fees of related party     $ 1,265,000 $ 1,188,000      
Management fee $ 615,541 $ 597,197 1,264,534 1,187,806      
Repairs and maintenance 2,049,174 2,287,313 4,135,392 4,231,544      
Administrative expense 512,195 626,180 1,096,853 1,238,938      
Employer contributions in 401K plan     $ 22,000        
Number of limited partnerships and limited liability companies in which the entity has invested | item     7        
Interest expense $ 3,423,583 $ 3,133,439 $ 6,873,908 6,133,728      
Maximum              
RELATED PARTY TRANSACTIONS              
Loan amount             $ 35,000,000
Investment Properties              
RELATED PARTY TRANSACTIONS              
Number of limited partnerships and limited liability companies in which the entity has invested | item     7        
Investment Properties | Minimum              
RELATED PARTY TRANSACTIONS              
Ownership interest (as a percent) 40.00%   40.00%        
Investment Properties | Maximum              
RELATED PARTY TRANSACTIONS              
Ownership interest (as a percent) 50.00%   50.00%        
Hamilton Company/Management Company              
RELATED PARTY TRANSACTIONS              
Number of employees having ownership interest in the investment properties | item     5        
Dexter Park              
RELATED PARTY TRANSACTIONS              
Management fee as percentage of gross receipts rental revenue     2.00%        
Harold Brown | Minimum              
RELATED PARTY TRANSACTIONS              
Ownership interest (as a percent) 47.60%   47.60%        
Harold Brown | Maximum              
RELATED PARTY TRANSACTIONS              
Ownership interest (as a percent) 59.00%   59.00%        
General Partner or Management Company [Member]              
RELATED PARTY TRANSACTIONS              
Repairs and maintenance     $ 102,000        
Administrative expense     126,000        
Expenses for construction, architectural services and supervision of capital projects     305,000        
Costs related to professional services     533,000 593,000      
Management Company [Member]              
RELATED PARTY TRANSACTIONS              
Reimbursement to related party for payroll transfers     1,738,000 1,668,000      
Employer contributions in 401K plan     $ 22,000 18,000      
Number of accounting staff of related party providing bookkeeping and accounting functions | item     14        
Fees for accounting and bookkeeping services       $ 62,500 $ 62,500    
Number of employees having ownership interest in the investment properties | item     5        
Fees for accounting and bookkeeping services per year           $ 125,000  
Partially owned properties              
RELATED PARTY TRANSACTIONS              
Management fee as percentage of gross receipts rental revenue     4.00%        
Management fee     $ 321,000        
Repairs and maintenance     12,000        
Administrative expense     10,000        
Construction, architectural services and supervision of capital projects     235,000        
Amount paid to related party     $ 578,000        
Residential and mixed-use properties | Partially owned properties | Minimum              
RELATED PARTY TRANSACTIONS              
Ownership interest (as a percent) 40.00%   40.00%        
Residential and mixed-use properties | Partially owned properties | Maximum              
RELATED PARTY TRANSACTIONS              
Ownership interest (as a percent) 50.00%   50.00%