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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Mortgage Maturities) (Details) - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Mar. 31, 2020
May 31, 2018
Oct. 13, 2016
Annual maturities of mortgage debt          
2021-current maturities $ 2,620,000        
2022 67,012,000        
2023 38,298,000        
2024 11,093,000        
2025 21,647,000        
Thereafter 143,567,000        
Total 284,237,000        
Less: unamortized deferred financing costs (1,285,000)        
Secured Debt $ 282,951,918 $ 283,444,533      
Weighted average interest rate (as a percent) 3.91%        
Effective interest rate (as a percent) 3.98%        
Investment Properties          
Annual maturities of mortgage debt          
2021-current maturities $ 215,702        
2022 224,199        
2023 233,032        
2024 17,142,212        
2025 10,251,753        
Thereafter 138,929,705        
Total 166,996,603        
Less: unamortized deferred financing costs (713,884)        
Secured Debt 166,282,719   $ 166,380,941    
Hamilton Essex 81          
Annual maturities of mortgage debt          
2025 10,000,000        
Total 10,000,000        
Less: unamortized deferred financing costs (62,051)        
Secured Debt 9,937,949   9,924,160    
345 Franklin          
Annual maturities of mortgage debt          
2021-current maturities 215,702        
2022 224,199        
2023 233,032        
2024 242,212        
2025 251,753        
Thereafter 7,929,705        
Total 9,096,603        
Less: unamortized deferred financing costs (48,274)        
Secured Debt 9,048,329   9,249,198    
Hamilton Minuteman          
Annual maturities of mortgage debt          
Thereafter 6,000,000        
Total 6,000,000        
Less: unamortized deferred financing costs (85,586)       $ (123,000)
Secured Debt 5,914,414   5,906,230    
Hamilton on Main Apts          
Annual maturities of mortgage debt          
2024 16,900,000        
Total 16,900,000        
Less: unamortized deferred financing costs (54,842)        
Secured Debt 16,845,158   16,829,107    
Dexter Park          
Annual maturities of mortgage debt          
Thereafter 125,000,000        
Total 125,000,000        
Less: unamortized deferred financing costs (463,131)        
Secured Debt $ 124,536,869   $ 124,472,246 $ 82,000,000