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TAXABLE INCOME AND TAX BASIS (Details) - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
TAXABLE INCOME AND TAX BASIS                      
Excess amount of statement income over taxable income                 $ 7,153,000    
Excess amount of cumulative statement basis over cumulative taxable basis $ 7,332,000               7,332,000    
Excess amount of statement income from joint venture investments over taxable income                 1,476,000    
Reconciliation of GAAP net income to taxable income                      
Financial statement ("book") net income $ (970,022) $ (439,284) $ 1,465,051 $ 1,368,783 $ 1,898,513 $ 1,383,979 $ 1,764,244 $ 1,500,516 1,424,528 $ 6,547,252 $ 4,169,090
Book/Tax differences from depreciation and amortization                 5,426,000 (10,177,000) (4,675,000)
Book/Tax differences on tax free exchanges                 1,201,000 1,223,000 1,087,000
Book/Tax differences from Investment Properties                 (69,000) 1,624,000 313,000
Increase (Decrease) in prepaid rent and allowances                 936,000 1,226,000 234,000
Business interest limitations                   1,596,000 3,713,000
Other items                 (341,000)    
Taxable net income                 $ 8,578,000 $ 2,039,000 $ 4,841,000