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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Mortgage Maturities) (Details) - USD ($)
Jun. 30, 2020
Jun. 30, 2019
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES    
Less: unamortized deferred financing costs $ (1,465,000)  
Weighted average interest rate (as a percent) 3.91%  
Effective interest rate (as a percent) 3.98%  
Investment Properties    
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES    
3/31/2019 $ 209,541  
3/31/2020 217,796  
3/31/2021 226,376  
3/31/2022 235,293  
3/31/2023 17,144,563  
Thereafter 149,119,429  
Total 167,152,998  
Less: unamortized deferred financing costs (795,864)  
Debt maturities net of unamortized deferred financing costs 166,357,134 $ 166,449,428
Hamilton Essex 81    
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES    
Thereafter 10,000,000  
Total 10,000,000  
Less: unamortized deferred financing costs (72,393)  
Debt maturities net of unamortized deferred financing costs 9,927,607 9,913,818
345 Franklin    
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES    
3/31/2019 209,541  
3/31/2020 217,796  
3/31/2021 226,376  
3/31/2022 235,293  
3/31/2023 244,563  
Thereafter 8,119,429  
Total 9,252,998  
Less: unamortized deferred financing costs (53,268)  
Debt maturities net of unamortized deferred financing costs 9,199,730 9,394,671
Hamilton Minuteman    
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES    
Thereafter 6,000,000  
Total 6,000,000  
Less: unamortized deferred financing costs (91,724)  
Debt maturities net of unamortized deferred financing costs 5,908,276 5,900,093
Hamilton on Main Apts    
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES    
3/31/2023 16,900,000  
Total 16,900,000  
Less: unamortized deferred financing costs (66,880)  
Debt maturities net of unamortized deferred financing costs 16,833,120 16,817,068
Dexter Park    
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES    
Thereafter 125,000,000  
Total 125,000,000  
Less: unamortized deferred financing costs (511,599)  
Debt maturities net of unamortized deferred financing costs $ 124,488,401 $ 124,423,778