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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Hamilton on Main) (Details)
1 Months Ended 6 Months Ended 12 Months Ended
Oct. 12, 2016
USD ($)
Aug. 31, 2014
USD ($)
Jun. 30, 2021
USD ($)
property
Jun. 30, 2020
USD ($)
property
Dec. 31, 2005
USD ($)
item
Dec. 31, 2020
USD ($)
Aug. 31, 2004
USD ($)
item
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES              
Investments in joint venture     $ 1,416,958     $ 1,410,769  
Outstanding amount of mortgage     282,438,864     $ 283,444,533  
Repayment of loan $ 5,158,000            
Distribution to the Partnership     $ 2,337,721 $ 2,338,034      
Hamilton on Main Apts              
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES              
Investments in joint venture             $ 8,000,000
Ownership interest (as a percent)       50.00%     50.00%
Number of units     148 148     280
Number of units sold | item             137
Outstanding amount of mortgage     $ 16,849,171 $ 16,833,120      
Purchase price of investments             $ 56,000,000
Residential buildings | Hamilton on Main Apts              
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES              
Number of units | property     148 148      
Mortgages payable | Hamilton on Main Apartments, LLC              
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES              
Term of debt   10 years     10 years    
Number of buildings | item         3    
Outstanding amount of mortgage     $ 16,900,000        
Interest rate (as a percent)   4.34%     5.18%    
Period for which the entity is required to make interest only payments         3 years    
Amortization period of debt         30 years    
Debt Instrument, Loan Proceeds distributed to the Partnership   $ 850,000          
Term excluding period for which interest only payments to be made         7 years    
Net proceeds after funding escrow accounts and closing costs         $ 16,700,000    
Repayment of loan   15,205,000          
Cost associated with loan extension   161,000          
Borrowings   $ 16,900,000     $ 16,825,000