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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Income) (Details) - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Oct. 28, 2009
Mar. 02, 2005
Sep. 30, 2004
Aug. 31, 2004
Nov. 30, 2001
Revenues              
Rental income $ 14,980,116 $ 16,253,430          
Laundry and sundry income 108,673 122,154          
Total Revenues 15,088,789 16,375,584          
Expenses              
Administrative 652,186 584,658          
Depreciation and amortization 3,905,918 4,565,467          
Management fee 605,391 648,993          
Operating 2,045,968 1,668,402          
Renting 261,966 196,871          
Repairs and maintenance 1,970,087 2,086,218          
Taxes and insurance 2,252,134 2,280,541          
Total Expenses 11,693,650 12,031,150          
Income Before Other Income (Expense) 3,395,139 4,344,434          
Other Income (Expense)              
Interest expense (3,364,170) (3,450,325)          
Interest income 21 107          
Total Other Income (Expense) (3,689,319) (2,975,651)          
Net Inocme (Loss) $ (294,180) $ 1,368,783          
NERA 50%              
Other Income (Expense)              
Ownership interest (as a percent) 50.00% 50.00%          
NERA 40%              
Other Income (Expense)              
Ownership interest (as a percent) 40.00% 40.00%          
Investment Properties              
Revenues              
Rental income $ 4,758,898 $ 6,351,455          
Laundry and sundry income 39,330 38,330          
Total Revenues 4,798,228 6,389,785          
Expenses              
Administrative 91,579 90,101          
Depreciation and amortization 1,488,677 1,476,886          
Management fee 127,249 170,825          
Operating 500,667 465,009          
Renting 163,187 39,052          
Repairs and maintenance 670,571 481,331          
Taxes and insurance 871,787 859,024          
Total Expenses 3,913,717 3,582,228          
Income Before Other Income (Expense) 884,511 2,807,557          
Other Income (Expense)              
Interest expense (1,662,666) (1,713,904)          
Total Other Income (Expense) (1,662,666) (1,713,904)          
Net Inocme (Loss) (778,155) 1,093,653          
Proportionate share of net income (loss) (325,170) 474,567          
Investment Properties | NERA 50%              
Other Income (Expense)              
Net Inocme (Loss)   185,525          
Proportionate share of net income (loss) (69,534)            
Investment Properties | NERA 40%              
Other Income (Expense)              
Net Inocme (Loss)   289,042          
Proportionate share of net income (loss) (255,636)            
Hamilton Essex 81              
Revenues              
Rental income 230,217 439,380          
Laundry and sundry income 3,013 3,385          
Total Revenues 233,230 442,765          
Expenses              
Administrative 14,556 6,188          
Depreciation and amortization 118,942 121,642          
Management fee 5,260 17,736          
Operating 29,432 25,524          
Renting 32,784 2,775          
Repairs and maintenance 52,547 27,009          
Taxes and insurance 65,539 64,677          
Total Expenses 319,060 265,551          
Income Before Other Income (Expense) (85,830) 177,214          
Other Income (Expense)              
Interest expense (61,312) (100,733)          
Total Other Income (Expense) (61,312) (100,733)          
Net Inocme (Loss) (147,142) $ 76,481          
Ownership interest (as a percent)   50.00%          
Hamilton Essex 81 | NERA 50%              
Other Income (Expense)              
Net Inocme (Loss)   $ 38,241          
Proportionate share of net income (loss) $ (73,571)            
Ownership interest (as a percent) 50.00%            
Hamilton Essex Development              
Revenues              
Rental income   60,471          
Total Revenues   60,471          
Expenses              
Administrative $ 853 650          
Depreciation and amortization 5,074 5,074          
Management fee   2,203          
Taxes and insurance 14,885 15,218          
Total Expenses 20,812 23,145          
Income Before Other Income (Expense) (20,812) 37,326          
Other Income (Expense)              
Net Inocme (Loss) (20,812) $ 37,326          
Ownership interest (as a percent)   50.00%          
Hamilton Essex Development | NERA 50%              
Other Income (Expense)              
Net Inocme (Loss)   $ 18,663          
Proportionate share of net income (loss) $ (10,406)            
Ownership interest (as a percent) 50.00%            
345 Franklin              
Revenues              
Rental income $ 333,093 428,150          
Laundry and sundry income 112 454          
Total Revenues 333,205 428,604          
Expenses              
Administrative 4,803 7,757          
Depreciation and amortization 85,345 84,494          
Management fee 12,412 16,466          
Operating 13,521 12,988          
Renting 14,328 8,753          
Repairs and maintenance 23,278 21,578          
Taxes and insurance 43,670 39,906          
Total Expenses 197,357 191,942          
Income Before Other Income (Expense) 135,848 236,662          
Other Income (Expense)              
Interest expense (90,643) (93,426)          
Total Other Income (Expense) (90,643) (93,426)          
Net Inocme (Loss) 45,205 $ 143,236          
Ownership interest (as a percent)   50.00%         50.00%
345 Franklin | NERA 50%              
Other Income (Expense)              
Net Inocme (Loss)   $ 71,618          
Proportionate share of net income (loss) $ 22,602            
Ownership interest (as a percent) 50.00%            
Hamilton 1025              
Revenues              
Rental income $ 24,369 20,558          
Total Revenues 24,369 20,558          
Expenses              
Administrative 714 10,125          
Depreciation and amortization 816 816          
Management fee 628 822          
Operating 91 45          
Taxes and insurance 4,797 4,189          
Total Expenses 7,046 15,997          
Income Before Other Income (Expense) 17,323 4,561          
Other Income (Expense)              
Net Inocme (Loss) 17,323 $ 4,561          
Ownership interest (as a percent)   50.00%   50.00%      
Hamilton 1025 | NERA 50%              
Other Income (Expense)              
Net Inocme (Loss)   $ 2,281          
Proportionate share of net income (loss) $ 8,662            
Ownership interest (as a percent) 50.00%            
Hamilton Minuteman              
Revenues              
Rental income $ 284,524 290,693          
Laundry and sundry income 1,276            
Total Revenues 285,800 290,693          
Expenses              
Administrative 3,583 2,481          
Depreciation and amortization 84,025 86,826          
Management fee 11,296 11,532          
Operating 34,596 22,226          
Renting 360 3,000          
Repairs and maintenance 19,405 10,895          
Taxes and insurance 34,976 36,051          
Total Expenses 188,241 173,011          
Income Before Other Income (Expense) 97,559 117,682          
Other Income (Expense)              
Interest expense (58,625) (59,259)          
Total Other Income (Expense) (58,625) (59,259)          
Net Inocme (Loss) 38,934 $ 58,423          
Ownership interest (as a percent)   50.00%     50.00%    
Hamilton Minuteman | NERA 50%              
Other Income (Expense)              
Net Inocme (Loss)   $ 29,211          
Proportionate share of net income (loss) $ 19,466            
Ownership interest (as a percent) 50.00%            
Hamilton on Main Apts              
Revenues              
Rental income $ 816,812 905,700          
Laundry and sundry income 8,777 8,749          
Total Revenues 825,589 914,449          
Expenses              
Administrative 20,219 15,848          
Depreciation and amortization 269,915 261,047          
Management fee 32,375 34,984          
Operating 124,933 93,845          
Renting 30,760 7,720          
Repairs and maintenance 122,446 134,837          
Taxes and insurance 110,134 122,762          
Total Expenses 710,782 671,043          
Income Before Other Income (Expense) 114,807 243,406          
Other Income (Expense)              
Interest expense (187,378) (192,382)          
Total Other Income (Expense) (187,378) (192,382)          
Net Inocme (Loss) (72,571) $ 51,024          
Ownership interest (as a percent)   50.00%       50.00%  
Hamilton on Main Apts | NERA 50%              
Other Income (Expense)              
Net Inocme (Loss)   $ 25,512          
Proportionate share of net income (loss) $ (36,286)            
Ownership interest (as a percent) 50.00%            
Dexter Park              
Revenues              
Rental income $ 3,069,883 4,206,503          
Laundry and sundry income 26,152 25,742          
Total Revenues 3,096,035 4,232,245          
Expenses              
Administrative 46,851 47,052          
Depreciation and amortization 924,560 916,987          
Management fee 65,278 87,082          
Operating 298,094 310,381          
Renting 84,955 16,804          
Repairs and maintenance 452,895 287,012          
Taxes and insurance 597,786 576,221          
Total Expenses 2,470,419 2,241,539          
Income Before Other Income (Expense) 625,616 1,990,706          
Other Income (Expense)              
Interest expense (1,264,708) (1,268,104)          
Total Other Income (Expense) (1,264,708) (1,268,104)          
Net Inocme (Loss) (639,092) $ 722,602          
Ownership interest (as a percent)   40.00% 40.00%        
Dexter Park | NERA 40%              
Other Income (Expense)              
Net Inocme (Loss)   $ 289,042          
Proportionate share of net income (loss) $ (255,636)            
Ownership interest (as a percent) 40.00%