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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Income) (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Oct. 28, 2009
Mar. 02, 2005
Sep. 30, 2004
Aug. 31, 2004
Nov. 30, 2001
Revenues                  
Rental income $ 15,333,216 $ 15,646,814 $ 30,313,332 $ 31,900,244          
Laundry and sundry income 114,128 112,292 222,801 234,446          
Total Revenues 15,447,344 15,759,106 30,536,133 32,134,690          
Expenses                  
Administrative 559,818 512,195 1,212,004 1,096,853          
Depreciation and amortization 3,943,664 4,601,617 7,849,582 9,167,084          
Management fee 616,348 615,541 1,221,739 1,264,534          
Operating 1,407,646 1,291,781 3,453,614 2,960,183          
Renting 221,275 128,608 483,241 325,479          
Repairs and maintenance 2,334,403 2,049,174 4,304,490 4,135,392          
Taxes and insurance 2,176,958 2,115,721 4,429,092 4,396,262          
Total Expenses 11,260,112 11,314,637 22,953,762 23,345,787          
Income Before Other Income (Expense) 4,187,232 4,444,469 7,582,371 8,788,903          
Other Income (Expense)                  
Interest expense (3,378,942) (3,423,583) (6,743,111) (6,873,908)          
Interest income 25 52 46 159          
Total Other Income (Expense) (3,617,341) (2,979,418) (7,306,660) (5,955,069)          
Net Inocme (Loss) $ 569,891 $ 1,465,051 $ 275,711 $ 2,833,834          
NERA 50%                  
Other Income (Expense)                  
Ownership interest (as a percent) 50.00% 50.00% 50.00% 50.00%          
NERA 40%                  
Other Income (Expense)                  
Ownership interest (as a percent) 40.00% 40.00% 40.00% 40.00%          
Investment Properties                  
Revenues                  
Rental income $ 4,913,233 $ 6,038,075 $ 9,672,132 $ 12,389,532          
Laundry and sundry income 37,697 32,667 77,027 70,997          
Total Revenues 4,950,930 6,070,742 9,749,159 12,460,529          
Expenses                  
Administrative 117,823 79,862 209,404 169,962          
Depreciation and amortization 1,499,047 1,484,331 2,987,724 2,961,219          
Management fee 129,279 150,347 256,530 321,175          
Operating 364,000 368,244 864,666 833,252          
Renting 170,459 26,161 333,647 65,212          
Repairs and maintenance 709,254 416,490 1,379,824 897,819          
Taxes and insurance 875,923 832,830 1,747,711 1,691,854          
Total Expenses 3,865,785 3,358,265 7,779,506 6,940,493          
Income Before Other Income (Expense) 1,085,145 2,712,477 1,969,653 5,520,036          
Other Income (Expense)                  
Interest expense (1,664,696) (1,682,669) (3,327,363) (3,396,574)          
Interest income 1,222                
Other Income     1,222            
Total Other Income (Expense) (1,663,474) (1,682,669) (3,326,141) (3,396,574)          
Net Inocme (Loss) (578,329) 1,029,808 (1,356,488) 2,123,462          
Proportionate share of net income (loss) (238,424) 444,113 (563,595) 918,680          
Investment Properties | NERA 50%                  
Other Income (Expense)                  
Net Inocme (Loss) (35,465) 160,951   346,478          
Proportionate share of net income (loss)     (105,000)            
Investment Properties | NERA 40%                  
Other Income (Expense)                  
Net Inocme (Loss) (202,959) 283,162   572,202          
Proportionate share of net income (loss)     (458,595)            
Hamilton Essex 81                  
Revenues                  
Rental income 211,855 380,708 442,072 820,088          
Laundry and sundry income 3,195 3,298 6,208 6,683          
Total Revenues 215,050 384,006 448,280 826,771          
Expenses                  
Administrative 39,313 5,293 53,869 11,480          
Depreciation and amortization 119,580 121,927 238,522 243,569          
Management fee 6,586 10,316 11,846 28,052          
Operating 39,736 20,776 69,168 46,299          
Renting 22,093 629 54,877 3,404          
Repairs and maintenance 29,585 40,200 82,132 67,209          
Taxes and insurance 65,636 64,724 131,175 129,401          
Total Expenses 322,529 263,865 641,589 529,414          
Income Before Other Income (Expense) (107,479) 120,141 (193,309) 297,357          
Other Income (Expense)                  
Interest expense (61,402) (71,358) (122,715) (172,091)          
Total Other Income (Expense) (61,402) (71,358) (122,715) (172,091)          
Net Inocme (Loss) (168,881) $ 48,783 (316,024) $ 125,266          
Ownership interest (as a percent)   50.00%   50.00%          
Hamilton Essex 81 | NERA 50%                  
Other Income (Expense)                  
Net Inocme (Loss) $ (84,441) $ 24,392   $ 62,633          
Proportionate share of net income (loss)     $ (158,012)            
Ownership interest (as a percent) 50.00%   50.00%            
Hamilton Essex Development                  
Revenues                  
Rental income $ 57,240 5,391 $ 57,240 65,862          
Total Revenues 57,240 5,391 57,240 65,862          
Expenses                  
Administrative 500 1,550 1,353 2,200          
Depreciation and amortization 5,075 5,075 10,149 10,149          
Management fee       2,203          
Repairs and maintenance 520 3,046 520 3,046          
Taxes and insurance 14,925 15,238 29,811 30,457          
Total Expenses 21,020 24,909 41,833 48,055          
Income Before Other Income (Expense) 36,220 (19,518) 15,407 17,807          
Other Income (Expense)                  
Net Inocme (Loss) 36,220 $ (19,518) 15,407 $ 17,807          
Ownership interest (as a percent)   50.00%   50.00%          
Hamilton Essex Development | NERA 50%                  
Other Income (Expense)                  
Net Inocme (Loss) $ 18,110 $ (9,759)   $ 8,904          
Proportionate share of net income (loss)     $ 7,704            
Ownership interest (as a percent) 50.00%   50.00%            
345 Franklin                  
Revenues                  
Rental income $ 342,698 419,342 $ 675,791 847,492          
Laundry and sundry income   171 112 625          
Total Revenues 342,698 419,513 675,903 848,117          
Expenses                  
Administrative 10,719 8,572 15,522 16,328          
Depreciation and amortization 85,520 84,541 170,865 169,036          
Management fee 13,933 15,829 26,345 32,296          
Operating 12,556 15,776 26,077 28,764          
Renting 19,606 929 33,934 9,682          
Repairs and maintenance 41,218 21,797 64,496 43,375          
Taxes and insurance 43,709 39,808 87,380 79,714          
Total Expenses 227,261 187,252 424,619 379,195          
Income Before Other Income (Expense) 115,437 232,261 251,284 468,922          
Other Income (Expense)                  
Interest expense (90,102) (92,983) (180,745) (186,408)          
Total Other Income (Expense) (90,102) (92,983) (180,745) (186,408)          
Net Inocme (Loss) 25,335 $ 139,278 70,539 $ 282,514          
Ownership interest (as a percent)   50.00%   50.00%         50.00%
345 Franklin | NERA 50%                  
Other Income (Expense)                  
Net Inocme (Loss) $ 12,668 $ 69,638   $ 141,257          
Proportionate share of net income (loss)     $ 35,270            
Ownership interest (as a percent) 50.00%   50.00%            
Hamilton 1025                  
Revenues                  
Rental income $ 24,369 20,558 $ 48,739 41,117          
Total Revenues 24,369 20,558 48,739 41,117          
Expenses                  
Administrative 775 931 1,490 11,056          
Depreciation and amortization 816 816 1,632 1,632          
Management fee 942 822 1,571 1,645          
Operating 85 51 176 96          
Taxes and insurance 5,104 4,492 9,901 8,680          
Total Expenses 7,722 7,112 14,770 23,109          
Income Before Other Income (Expense) 16,647 13,446 33,969 18,008          
Other Income (Expense)                  
Net Inocme (Loss) 16,647 $ 13,446 33,969 $ 18,008          
Ownership interest (as a percent)   50.00%   50.00%   50.00%      
Hamilton 1025 | NERA 50%                  
Other Income (Expense)                  
Net Inocme (Loss) $ 8,324 $ 6,723   $ 9,004          
Proportionate share of net income (loss)     $ 16,985            
Ownership interest (as a percent) 50.00%   50.00%            
Hamilton Minuteman                  
Revenues                  
Rental income $ 286,684 290,517 $ 571,208 581,210          
Laundry and sundry income 2,029 626 3,305 626          
Total Revenues 288,713 291,143 574,513 581,836          
Expenses                  
Administrative 4,077 4,168 7,660 6,650          
Depreciation and amortization 84,328 86,954 168,353 173,780          
Management fee 11,579 11,472 22,875 23,004          
Operating 19,900 28,428 54,496 50,654          
Renting 360 2,750 720 5,750          
Repairs and maintenance 36,977 28,056 56,381 38,950          
Taxes and insurance 35,237 36,125 70,212 72,176          
Total Expenses 192,458 197,953 380,697 370,964          
Income Before Other Income (Expense) 96,255 93,190 193,816 210,872          
Other Income (Expense)                  
Interest expense (59,252) (59,242) (117,877) (118,502)          
Total Other Income (Expense) (59,252) (59,242) (117,877) (118,502)          
Net Inocme (Loss) 37,003 $ 33,948 75,939 $ 92,370          
Ownership interest (as a percent)   50.00%   50.00%     50.00%    
Hamilton Minuteman | NERA 50%                  
Other Income (Expense)                  
Net Inocme (Loss) $ 18,502 $ 16,974   $ 46,185          
Proportionate share of net income (loss)     $ 37,969            
Ownership interest (as a percent) 50.00%   50.00%            
Hamilton on Main Apts                  
Revenues                  
Rental income $ 847,462 897,613 $ 1,664,274 1,803,314          
Laundry and sundry income 9,264 8,606 18,041 17,355          
Total Revenues 856,726 906,219 1,682,315 1,820,669          
Expenses                  
Administrative 14,561 13,627 34,780 29,475          
Depreciation and amortization 270,646 263,086 540,561 524,133          
Management fee 32,055 32,745 64,431 67,729          
Operating 88,756 83,750 213,689 177,595          
Renting 20,798 7,773 51,559 15,493          
Repairs and maintenance 146,578 99,155 269,025 233,991          
Taxes and insurance 111,171 109,712 221,305 232,474          
Total Expenses 684,565 609,848 1,395,350 1,280,890          
Income Before Other Income (Expense) 172,161 296,371 286,965 539,779          
Other Income (Expense)                  
Interest expense (189,415) (190,404) (376,793) (382,787)          
Total Other Income (Expense) (189,415) (190,404) (376,793) (382,787)          
Net Inocme (Loss) (17,254) $ 105,967 (89,828) $ 156,992          
Ownership interest (as a percent)   50.00%   50.00%       50.00%  
Hamilton on Main Apts | NERA 50%                  
Other Income (Expense)                  
Net Inocme (Loss) $ (8,627) $ 52,984   $ 78,496          
Proportionate share of net income (loss)     $ (44,914)            
Ownership interest (as a percent) 50.00%   50.00%            
Dexter Park                  
Revenues                  
Rental income $ 3,142,925 4,023,946 $ 6,212,808 8,230,449          
Laundry and sundry income 23,209 19,966 49,361 45,708          
Total Revenues 3,166,134 4,043,912 6,262,169 8,276,157          
Expenses                  
Administrative 47,878 45,721 94,730 92,773          
Depreciation and amortization 933,082 921,932 1,857,642 1,838,920          
Management fee 64,184 79,163 129,462 166,246          
Operating 202,967 219,463 501,060 529,844          
Renting 107,602 14,080 192,557 30,883          
Repairs and maintenance 454,376 224,236 907,270 511,248          
Taxes and insurance 600,141 562,731 1,197,927 1,138,952          
Total Expenses 2,410,230 2,067,326 4,880,648 4,308,866          
Income Before Other Income (Expense) 755,904 1,976,586 1,381,521 3,967,291          
Other Income (Expense)                  
Interest expense (1,264,525) (1,268,682) (2,529,233) (2,536,786)          
Interest income 1,222                
Other Income     1,222            
Total Other Income (Expense) (1,263,303) (1,268,682) (2,528,011) (2,536,786)          
Net Inocme (Loss) (507,399) $ 707,904 (1,146,490) $ 1,430,505          
Ownership interest (as a percent)   40.00%   40.00% 40.00%        
Dexter Park | NERA 40%                  
Other Income (Expense)                  
Net Inocme (Loss) $ (202,959) $ 283,162   $ 572,202          
Proportionate share of net income (loss)     $ (458,595)            
Ownership interest (as a percent) 40.00%   40.00%