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MORTGAGE NOTES PAYABLE (Line of Credit) (Details)
12 Months Ended
Jan. 22, 2020
USD ($)
Dec. 20, 2019
USD ($)
Sep. 30, 2015
USD ($)
Jul. 31, 2014
USD ($)
Dec. 31, 2020
USD ($)
item
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Dec. 19, 2019
USD ($)
May 31, 2019
USD ($)
Mar. 29, 2018
USD ($)
Line of Credit                    
Interest expense         $ 13,705,415 $ 12,201,966 $ 12,389,680      
Credit line balance           17,000,000        
Residences at Captain Parkers LLC Residential Apartments Lexington, Massachusetts                    
Line of Credit                    
Loan amount                 $ 20,750,000  
Hamilton Highlands LLC Residential Needham Massachusetts [Member]                    
Line of Credit                    
Loan amount                   $ 21,500,000
Credit line balance                   $ 8,000,000
Hamilton Essex 81                    
Line of Credit                    
Term of debt     10 years              
Loan amount     $ 10,000,000              
Interest expense         299,161 466,737 $ 440,676      
Residences at Captain Parkers LLC Residential Apartments Lexington, Massachusetts                    
Line of Credit                    
Loan amount                 $ 20,750,000  
LIBOR | Hamilton Essex 81                    
Line of Credit                    
Variable interest rate spread     2.18%              
Line of Credit                    
Line of Credit                    
Term of debt       3 years            
Loan amount       $ 25,000,000       $ 20,000,000    
Payment on line of credit $ 1,000,000 $ 2,000,000                
Amount of refinancing costs       $ 128,000 37,500          
Credit line balance         $ 17,000,000 $ 18,000,000        
Number of properties in which borrowing amount collateralized | item         23          
Commitment fee         $ 12,000          
Line of Credit | Federal Funds Rate                    
Line of Credit                    
Variable interest rate spread       0.005%            
Line of Credit | LIBOR                    
Line of Credit                    
Additional applicable margin rate       2.50%            
Variable interest rate spread       1.00%            
Line of Credit | Minimum                    
Line of Credit                    
Pledged interest ownership percentage         49.00%          
Commitment fee for unused amount (as a percent)         0.15%          
Tangible net worth         $ 150,000,000          
Operating income to indebtedness ratio         9.50%          
Debt service coverage ratio         1.6          
Line of Credit | Maximum                    
Line of Credit                    
Pledged interest ownership percentage         100.00%          
Commitment fee for unused amount (as a percent)         0.20%          
Leverage ratio         65.00%          
Aggregate increase in indebtedness         $ 15,000,000