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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Income) (Details) - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Oct. 28, 2009
Oct. 03, 2005
Mar. 02, 2005
Sep. 30, 2004
Aug. 31, 2004
Nov. 30, 2001
Revenues                                  
Rental income                 $ 62,175,592 $ 61,661,551 $ 60,012,174            
Laundry and sundry income                 462,862 441,159 465,140            
Total Revenues $ 16,155,649 $ 15,946,672 $ 15,447,344 $ 15,088,789 $ 14,825,754 $ 15,142,266 $ 15,759,106 $ 16,375,584 62,638,454 62,102,710 60,477,314            
Expenses                                  
Administrative                 2,476,593 2,209,780 2,495,272            
Depreciation and amortization                 16,671,076 18,410,811 14,684,248            
Management fee                 2,523,943 2,452,814 2,409,151            
Operating                 6,471,250 5,766,160 5,682,264            
Renting                 1,241,298 864,542 953,043            
Repairs and maintenance                 10,069,325 8,781,789 9,191,561            
Taxes and insurance                 8,942,469 8,647,781 7,790,008            
Total Expenses                 48,395,954 47,133,677 43,205,547            
Income Before Other Income (Expense) 3,108,893 3,551,236 4,187,232 3,395,139 2,952,494 3,227,636 4,444,469 4,344,434 14,242,500 14,969,033 17,271,767            
Other Income (Expense)                                  
Interest expense                 (13,629,463) (13,705,415) (12,201,966)            
Interest income                 87 195 607            
Total Other Income (Expense) (6,009,382) (3,626,621) (3,617,341) (3,689,319) (3,922,516) (3,666,920) (2,979,418) (2,975,651) (16,942,663) (13,544,505) (10,724,515)            
Net (Loss) Income $ (2,900,489) $ (75,385) $ 569,891 $ (294,180) $ (970,022) $ (439,284) $ 1,465,051 $ 1,368,783 $ (2,700,163) $ 1,424,528 $ 6,547,252            
NERA 50%                                  
Other Income (Expense)                                  
Ownership interest (as a percent) 50.00%       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% 40.00%            
Investment Properties                                  
Revenues                                  
Rental income                 $ 20,837,208 $ 21,776,809 $ 24,648,947            
Laundry and sundry income                 154,646 129,713 165,096            
Total Revenues                 20,991,854 21,906,522 24,814,043            
Expenses                                  
Administrative                 403,509 327,697 377,298            
Depreciation and amortization                 6,016,613 5,956,370 5,903,401            
Management fee                 575,162 580,029 664,341            
Operating                 1,781,069 1,633,551 1,791,071            
Renting                 711,979 466,296 495,103            
Repairs and maintenance                 2,849,104 2,441,880 2,511,741            
Taxes and insurance                 3,539,050 3,383,874 3,074,653            
Total Expenses                 15,876,486 14,789,697 14,817,608            
Income Before Other Income (Expense)                 5,115,368 7,116,825 9,996,435            
Other Income (Expense)                                  
Interest expense                 (6,658,595) (6,742,727) (6,915,193)            
Interest income                 1,222                
Gain on sale of real estate                     734,635            
Total Other Income (Expense)                 (6,657,373) (6,742,727) (6,180,558)            
Net (Loss) Income                 (1,542,005) 374,098 3,815,877            
Proportionate share of net income (loss)                 (567,308) 160,715 1,678,554            
Investment Properties | NERA 50%                                  
Other Income (Expense)                                  
Proportionate share of net income (loss)                 247,478 55,380 761,014            
Investment Properties | NERA 40%                                  
Other Income (Expense)                                  
Proportionate share of net income (loss)                 (814,786) 105,335 917,540            
Hamilton Essex 81                                  
Revenues                                  
Rental income                 1,609,397 874,212 1,743,610            
Laundry and sundry income                 12,761 12,495 14,350            
Total Revenues                 1,622,158 886,707 1,757,960            
Expenses                                  
Administrative                 76,338 20,296 29,307            
Depreciation and amortization                 479,512 488,315 483,748            
Management fee                 52,617 42,958 69,039            
Operating                 168,160 79,195 89,002            
Renting                 101,328 22,782 43,534            
Repairs and maintenance                 159,593 128,728 152,930            
Taxes and insurance                 261,145 256,162 245,086            
Total Expenses                 1,298,693 1,038,436 1,112,646            
Income Before Other Income (Expense)                 323,465 (151,729) 645,314            
Other Income (Expense)                                  
Interest expense                 (246,339) (299,161) (466,737)            
Total Other Income (Expense)                 (246,339) (299,161) (466,737)            
Net (Loss) Income                 $ 77,126 $ (450,890) $ 178,577            
Ownership interest (as a percent) 50.00%       50.00%       50.00% 50.00% 50.00%            
Hamilton Essex 81 | NERA 50%                                  
Other Income (Expense)                                  
Proportionate share of net income (loss)                 $ 38,563 $ (225,446) $ 89,289            
Hamilton Essex Development                                  
Revenues                                  
Rental income                 391,878 19,848 222,183            
Total Revenues                 391,878 19,848 222,183            
Expenses                                  
Administrative                 2,875 4,026 25,369            
Depreciation and amortization                 20,298 20,297 20,297            
Management fee                 12,922 2,203 8,683            
Operating                     8            
Repairs and maintenance                 520 3,180 3,180            
Taxes and insurance                 60,764 61,612 61,493            
Total Expenses                 97,379 91,318 119,030            
Income Before Other Income (Expense)                 294,499 (71,470) 103,153            
Other Income (Expense)                                  
Net (Loss) Income                 $ 294,499 $ (71,470) $ 103,153            
Ownership interest (as a percent) 50.00%       50.00%       50.00% 50.00% 50.00%            
Hamilton Essex Development | NERA 50%                                  
Other Income (Expense)                                  
Proportionate share of net income (loss)                 $ 147,249 $ (35,735) $ 51,577            
345 Franklin                                  
Revenues                                  
Rental income                 1,360,472 1,516,648 1,613,295            
Laundry and sundry income                 1,494 604 2,844            
Total Revenues                 1,361,966 1,517,252 1,616,139            
Expenses                                  
Administrative                 31,566 36,431 24,610            
Depreciation and amortization                 343,834 339,513 345,282            
Management fee                 54,178 57,986 62,486            
Operating                 58,667 67,885 80,581            
Renting                 54,672 52,571 36,918            
Repairs and maintenance                 129,548 138,991 125,474            
Taxes and insurance                 175,183 167,456 154,731            
Total Expenses                 847,648 860,833 830,082            
Income Before Other Income (Expense)                 514,318 656,419 786,057            
Other Income (Expense)                                  
Interest expense                 (359,036) (369,742) (377,448)            
Total Other Income (Expense)                 (359,036) (369,742) (377,448)            
Net (Loss) Income                 $ 155,282 $ 286,677 $ 408,609            
Ownership interest (as a percent) 50.00%       50.00%       50.00% 50.00% 50.00%           50.00%
345 Franklin | NERA 50%                                  
Other Income (Expense)                                  
Proportionate share of net income (loss)                 $ 77,641 $ 143,339 $ 204,305            
Hamilton 1025                                  
Revenues                                  
Rental income                 98,135 96,223 93,116            
Total Revenues                 98,135 96,223 93,116            
Expenses                                  
Administrative                 2,812 12,995 7,497            
Depreciation and amortization                 3,264 3,264 7,655            
Management fee                 3,801 3,529 3,556            
Operating                 334 276 974            
Renting                     64            
Repairs and maintenance                     28,399            
Taxes and insurance                 19,467 17,416 22,213            
Total Expenses                 29,678 37,480 70,358            
Income Before Other Income (Expense)                 68,457 58,743 22,758            
Other Income (Expense)                                  
Gain on sale of real estate                     306,075            
Total Other Income (Expense)                     306,075            
Net (Loss) Income                 $ 68,457 $ 58,744 $ 328,834            
Ownership interest (as a percent) 50.00%       50.00%       50.00% 50.00% 50.00%     50.00%      
Hamilton 1025 | NERA 50%                                  
Other Income (Expense)                                  
Proportionate share of net income (loss)                 $ 34,229 $ 29,372 $ 164,417            
Hamilton Bay Apts                                  
Revenues                                  
Rental income                     3,541            
Total Revenues                     3,541            
Expenses                                  
Administrative                     6,147            
Management fee                     145            
Repairs and maintenance                     10,266            
Taxes and insurance                     5,206            
Total Expenses                     21,764            
Income Before Other Income (Expense)                     (18,223)            
Other Income (Expense)                                  
Gain on sale of real estate                     428,560            
Total Other Income (Expense)                     428,560            
Net (Loss) Income                     410,337            
Ownership interest (as a percent)                         50.00%        
Hamilton Bay Apts | NERA 50%                                  
Other Income (Expense)                                  
Proportionate share of net income (loss)                     205,169            
Hamilton Minuteman                                  
Revenues                                  
Rental income                 1,139,865 1,165,027 1,136,912            
Laundry and sundry income                 3,913 2,951 6,033            
Total Revenues                 1,143,778 1,167,978 1,142,945            
Expenses                                  
Administrative                 16,450 13,603 7,722            
Depreciation and amortization                 338,362 348,994 357,932            
Management fee                 45,541 46,275 45,624            
Operating                 98,115 102,397 83,872            
Renting                 4,419 7,994 5,324            
Repairs and maintenance                 120,626 95,185 133,812            
Taxes and insurance                 144,533 144,664 131,821            
Total Expenses                 768,046 759,112 766,107            
Income Before Other Income (Expense)                 375,732 408,866 376,838            
Other Income (Expense)                                  
Interest expense                 (237,845) (238,233) (235,883)            
Total Other Income (Expense)                 (237,845) (238,233) (235,883)            
Net (Loss) Income                 $ 137,887 $ 170,633 $ 140,954            
Ownership interest (as a percent) 50.00%       50.00%       50.00% 50.00% 50.00%       50.00%    
Hamilton Minuteman | NERA 50%                                  
Other Income (Expense)                                  
Proportionate share of net income (loss)                 $ 68,944 $ 85,317 $ 70,477            
Hamilton on Main Apts                                  
Revenues                                  
Rental income                 3,370,478 3,497,639 3,429,864            
Laundry and sundry income                 38,697 35,302 41,174            
Total Revenues                 3,409,175 3,532,941 3,471,038            
Expenses                                  
Administrative                 68,008 59,014 68,877            
Depreciation and amortization                 1,089,225 1,059,165 1,046,022            
Management fee                 131,221 132,513 132,195            
Operating                 432,061 362,318 398,286            
Renting                 90,842 73,837 47,817            
Repairs and maintenance                 624,475 513,642 651,948            
Taxes and insurance                 451,937 449,692 404,805            
Total Expenses                 2,887,769 2,650,181 2,749,950            
Income Before Other Income (Expense)                 521,406 882,760 721,088            
Other Income (Expense)                                  
Interest expense                 (759,698) (765,692) (769,526)            
Total Other Income (Expense)                 (759,698) (765,692) (769,526)            
Net (Loss) Income                 $ (238,292) $ 117,068 $ (48,438)            
Ownership interest (as a percent) 50.00%       50.00%       50.00% 50.00% 50.00%         50.00%  
Hamilton on Main Apts | NERA 50%                                  
Other Income (Expense)                                  
Proportionate share of net income (loss)                 $ (119,147) $ 58,534 $ (24,219)            
Dexter Park                                  
Revenues                                  
Rental income                 12,866,983 14,607,212 16,406,426            
Laundry and sundry income                 97,781 78,361 100,695            
Total Revenues                 12,964,764 14,685,573 16,507,121            
Expenses                                  
Administrative                 205,460 181,332 207,769            
Depreciation and amortization                 3,742,118 3,696,822 3,642,465            
Management fee                 274,882 294,565 342,613            
Operating                 1,023,732 1,021,480 1,138,348            
Renting                 460,718 309,112 361,446            
Repairs and maintenance                 1,814,342 1,562,154 1,405,732            
Taxes and insurance                 2,426,021 2,286,872 2,049,298            
Total Expenses                 9,947,273 9,352,337 9,147,671            
Income Before Other Income (Expense)                 3,017,491 5,333,236 7,359,450            
Other Income (Expense)                                  
Interest expense                 (5,055,677) (5,069,899) (5,065,599)            
Interest income                 1,222                
Total Other Income (Expense)                 (5,054,455) (5,069,899) (5,065,599)            
Net (Loss) Income                 $ (2,036,964) $ 263,337 $ 2,293,853            
Ownership interest (as a percent) 40.00%       40.00%       40.00% 40.00% 40.00% 40.00%          
Dexter Park | NERA 40%                                  
Other Income (Expense)                                  
Proportionate share of net income (loss)                 $ (814,786) $ 105,335 $ 917,540