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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Income) (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Oct. 28, 2009
Mar. 02, 2005
Sep. 30, 2004
Aug. 31, 2004
Nov. 30, 2001
Revenues                  
Rental income $ 15,832,492 $ 15,046,646 $ 46,145,825 $ 46,946,889          
Laundry and sundry income 114,180 95,620 336,980 330,066          
Total Revenues 15,946,672 15,142,266 46,482,805 47,276,955          
Expenses                  
Administrative 607,478 511,812 1,819,481 1,608,664          
Depreciation and amortization 3,956,979 4,612,713 11,806,561 13,779,797          
Management fee 646,059 598,111 1,867,798 1,862,645          
Operating 1,338,718 1,228,750 4,792,332 4,188,934          
Renting 458,040 332,157 941,281 657,636          
Repairs and maintenance 3,128,369 2,524,050 7,432,860 6,659,443          
Taxes and insurance 2,259,793 2,107,037 6,688,885 6,503,299          
Total Expenses 12,395,436 11,914,630 35,349,198 35,260,418          
Income Before Other Income (Expense) 3,551,236 3,227,636 11,133,607 12,016,537          
Other Income (Expense)                  
Interest expense (3,393,518) (3,417,348) (10,136,630) (10,291,255)          
Interest income 27 11 74 171          
Total Other Income (Expense) (3,626,621) (3,666,920) (10,933,281) (9,621,986)          
Net Inocme (Loss) $ (75,385) $ (439,284) $ 200,326 $ 2,394,551          
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 $ 5,317,161 $ 5,075,210 $ 14,989,292 $ 17,464,869          
Laundry and sundry income 37,731 27,233 114,758 98,102          
Total Revenues 5,354,892 5,102,443 15,104,050 17,562,971          
Expenses                  
Administrative 109,128 74,345 318,532 244,308          
Depreciation and amortization 1,508,364 1,489,963 4,496,088 4,451,183          
Management fee 156,796 136,989 413,328 458,162          
Operating 462,631 385,519 1,327,298 1,218,772          
Renting 281,698 242,466 615,345 307,678          
Repairs and maintenance 884,014 833,173 2,263,838 1,730,992          
Taxes and insurance 895,491 850,624 2,643,200 2,542,476          
Total Expenses 4,298,122 4,013,079 12,077,629 10,953,571          
Income Before Other Income (Expense) 1,056,770 1,089,364 3,026,421 6,609,400          
Other Income (Expense)                  
Interest expense (1,665,791) (1,675,322) (4,993,153) (5,071,896)          
Other Income     1,222            
Total Other Income (Expense) (1,665,791) (1,675,322) (4,991,931) (5,071,896)          
Net Inocme (Loss) (609,021) (585,958) (1,965,510) 1,537,504          
Proportionate share of net income (loss) (233,130) (249,583) (796,725) 669,098          
Investment Properties | NERA 50%                  
Other Income (Expense)                  
Net Inocme (Loss) 52,403 (76,005)   270,473          
Proportionate share of net income (loss)     (52,597)            
Investment Properties | NERA 40%                  
Other Income (Expense)                  
Net Inocme (Loss) (285,533) (173,578)   398,625          
Proportionate share of net income (loss)     (744,128)            
Hamilton Essex 81                  
Revenues                  
Rental income 414,497 120,398 856,569 940,486          
Laundry and sundry income 2,986 2,605 9,194 9,288          
Total Revenues 417,483 123,003 865,763 949,774          
Expenses                  
Administrative 16,576 3,971 70,445 15,451          
Depreciation and amortization 120,266 122,210 358,788 365,779          
Management fee 17,335 9,751 29,181 37,803          
Operating 60,232 17,948 129,400 64,247          
Renting 26,272 3,026 81,149 6,430          
Repairs and maintenance 41,335 27,206 123,467 94,415          
Taxes and insurance 64,799 63,090 195,974 192,490          
Total Expenses 346,815 247,202 988,404 776,615          
Income Before Other Income (Expense) 70,668 (124,199) (122,641) 173,159          
Other Income (Expense)                  
Interest expense (61,827) (63,961) (184,542) (236,053)          
Total Other Income (Expense) (61,827) (63,961) (184,542) (236,053)          
Net Inocme (Loss) 8,841 $ (188,160) (307,183) $ (62,894)          
Ownership interest (as a percent)   50.00%   50.00%          
Hamilton Essex 81 | NERA 50%                  
Other Income (Expense)                  
Net Inocme (Loss) $ 4,421 $ (94,080)   $ (31,447)          
Proportionate share of net income (loss)     $ (153,593)            
Ownership interest (as a percent) 50.00%   50.00%            
Hamilton Essex Development                  
Revenues                  
Rental income $ 111,191 2,864 $ 168,431 68,726          
Total Revenues 111,191 2,864 168,431 68,726          
Expenses                  
Administrative 750 844 2,103 3,044          
Depreciation and amortization 5,074 5,074 15,223 15,223          
Management fee 6,187   6,187 2,203          
Repairs and maintenance   134 520 3,180          
Taxes and insurance 15,228 15,328 45,037 45,784          
Total Expenses 27,239 21,380 69,070 69,434          
Income Before Other Income (Expense) 83,952 (18,516) 99,361 (708)          
Other Income (Expense)                  
Net Inocme (Loss) 83,952 $ (18,516) 99,361 $ (708)          
Ownership interest (as a percent)   50.00%   50.00%          
Hamilton Essex Development | NERA 50%                  
Other Income (Expense)                  
Net Inocme (Loss) $ 41,976 $ (9,257)   $ (354)          
Proportionate share of net income (loss)     $ 49,681            
Ownership interest (as a percent) 50.00%   50.00%            
345 Franklin                  
Revenues                  
Rental income $ 343,674 334,431 $ 1,019,465 1,182,050          
Laundry and sundry income     112 498          
Total Revenues 343,674 334,431 1,019,577 1,182,548          
Expenses                  
Administrative 7,129 7,531 22,651 23,860          
Depreciation and amortization 86,449 84,680 257,314 253,716          
Management fee 13,943 13,253 40,288 45,548          
Operating 16,060 22,313 42,137 51,077          
Renting 12,174 20,094 46,108 29,776          
Repairs and maintenance 35,687 35,879 100,182 79,254          
Taxes and insurance 44,194 40,342 131,574 120,056          
Total Expenses 215,636 224,092 640,254 603,287          
Income Before Other Income (Expense) 128,038 110,339 379,323 579,261          
Other Income (Expense)                  
Interest expense (89,248) (92,048) (269,993) (278,456)          
Total Other Income (Expense) (89,248) (92,048) (269,993) (278,456)          
Net Inocme (Loss) 38,790 $ 18,291 109,330 $ 300,805          
Ownership interest (as a percent)   50.00%   50.00%         50.00%
345 Franklin | NERA 50%                  
Other Income (Expense)                  
Net Inocme (Loss) $ 19,395 $ 9,146   $ 150,403          
Proportionate share of net income (loss)     $ 54,665            
Ownership interest (as a percent) 50.00%   50.00%            
Hamilton 1025                  
Revenues                  
Rental income $ 26,410 24,369 $ 75,148 65,486          
Total Revenues 26,410 24,369 75,148 65,486          
Expenses                  
Administrative 651 713 2,140 11,769          
Depreciation and amortization 816 816 2,448 2,448          
Management fee 1,272 942 2,843 2,587          
Operating 55 51 231 147          
Taxes and insurance 4,634 4,021 14,535 12,701          
Total Expenses 7,428 6,543 22,197 29,652          
Income Before Other Income (Expense) 18,982 17,826 52,951 35,834          
Other Income (Expense)                  
Net Inocme (Loss) 18,982 $ 17,826 52,951 $ 35,834          
Ownership interest (as a percent)   50.00%   50.00%   50.00%      
Hamilton 1025 | NERA 50%                  
Other Income (Expense)                  
Net Inocme (Loss) $ 9,491 $ 8,913   $ 17,917          
Proportionate share of net income (loss)     $ 26,476            
Ownership interest (as a percent) 50.00%   50.00%            
Hamilton Minuteman                  
Revenues                  
Rental income $ 293,988 301,865 $ 865,196 883,075          
Laundry and sundry income 1,243 1,289 4,548 1,915          
Total Revenues 295,231 303,154 869,744 884,990          
Expenses                  
Administrative 3,824 3,631 11,485 10,281          
Depreciation and amortization 84,827 87,214 253,180 260,994          
Management fee 11,716 12,209 34,592 35,212          
Operating 23,542 18,832 78,038 69,487          
Renting 375 1,690 1,095 7,440          
Repairs and maintenance 30,184 32,161 86,566 71,112          
Taxes and insurance 36,986 36,038 107,198 108,214          
Total Expenses 191,454 191,775 572,154 562,740          
Income Before Other Income (Expense) 103,777 111,379 297,590 322,250          
Other Income (Expense)                  
Interest expense (59,880) (59,900) (177,757) (178,402)          
Total Other Income (Expense) (59,880) (59,900) (177,757) (178,402)          
Net Inocme (Loss) 43,897 $ 51,479 119,833 $ 143,848          
Ownership interest (as a percent)   50.00%   50.00%     50.00%    
Hamilton Minuteman | NERA 50%                  
Other Income (Expense)                  
Net Inocme (Loss) $ 21,949 $ 25,740   $ 71,924          
Proportionate share of net income (loss)     $ 59,917            
Ownership interest (as a percent) 50.00%   50.00%            
Hamilton on Main Apts                  
Revenues                  
Rental income $ 827,140 844,963 $ 2,491,414 2,648,277          
Laundry and sundry income 9,796 8,780 27,837 26,135          
Total Revenues 836,936 853,743 2,519,251 2,674,412          
Expenses                  
Administrative 14,592 13,991 49,372 43,466          
Depreciation and amortization 272,874 264,047 813,435 788,181          
Management fee 32,831 32,925 97,262 100,654          
Operating 101,948 78,199 315,638 255,794          
Renting 20,213 36,709 71,772 52,202          
Repairs and maintenance 177,652 154,828 446,677 388,818          
Taxes and insurance 115,028 114,523 336,333 346,997          
Total Expenses 735,138 695,222 2,130,489 1,976,112          
Income Before Other Income (Expense) 101,798 158,521 388,762 698,300          
Other Income (Expense)                  
Interest expense (191,453) (191,453) (568,246) (574,239)          
Total Other Income (Expense) (191,453) (191,453) (568,246) (574,239)          
Net Inocme (Loss) (89,655) $ (32,932) (179,484) $ 124,061          
Ownership interest (as a percent)   50.00%   50.00%       50.00%  
Hamilton on Main Apts | NERA 50%                  
Other Income (Expense)                  
Net Inocme (Loss) $ (44,829) $ (16,466)   $ 62,031          
Proportionate share of net income (loss)     $ (89,742)            
Ownership interest (as a percent) 50.00%   50.00%            
Dexter Park                  
Revenues                  
Rental income $ 3,300,261 3,446,320 $ 9,513,069 11,676,769          
Laundry and sundry income 23,706 14,559 73,067 60,266          
Total Revenues 3,323,967 3,460,879 9,586,136 11,737,035          
Expenses                  
Administrative 65,606 43,664 160,336 136,437          
Depreciation and amortization 938,058 925,922 2,795,700 2,764,842          
Management fee 73,512 67,909 202,975 234,155          
Operating 260,794 248,176 761,854 778,020          
Renting 222,664 180,947 415,221 211,830          
Repairs and maintenance 599,156 582,965 1,506,426 1,094,213          
Taxes and insurance 614,622 577,282 1,812,549 1,716,234          
Total Expenses 2,774,412 2,626,865 7,655,061 6,935,731          
Income Before Other Income (Expense) 549,555 834,014 1,931,075 4,801,304          
Other Income (Expense)                  
Interest expense (1,263,383) (1,267,960) (3,792,615) (3,804,746)          
Other Income     1,222            
Total Other Income (Expense) (1,263,383) (1,267,960) (3,791,393) (3,804,746)          
Net Inocme (Loss) (713,828) $ (433,946) (1,860,318) $ 996,558          
Ownership interest (as a percent)   40.00%   40.00% 40.00%        
Dexter Park | NERA 40%                  
Other Income (Expense)                  
Net Inocme (Loss) $ (285,533) $ (173,578)   $ 398,625          
Proportionate share of net income (loss)     $ (744,128)            
Ownership interest (as a percent) 40.00%   40.00%