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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Mortgage Maturities) (Details) - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Mar. 31, 2021
May 31, 2018
Oct. 13, 2016
Annual maturities of mortgage debt          
2023-current maturities $ 8,719,000        
2024 31,306,000        
2025 11,094,000        
2026 21,904,000        
2027 6,507,000        
Thereafter 293,060,000        
Total 372,590,000        
Less: unamortized deferred financing costs (2,619,000)        
Secured Debt $ 369,970,778 $ 370,481,390      
Weighted average interest rate (as a percent) 3.91%        
Effective interest rate (as a percent) 3.97%        
Investment Properties          
Annual maturities of mortgage debt          
2023-current maturities $ 224,199        
2024 233,032        
2025 17,142,212        
2026 10,251,753        
2027 261,671        
Thereafter 138,668,034        
Total 166,780,901        
Less: unamortized deferred financing costs (604,578)        
Secured Debt 166,176,323   $ 166,282,719    
Hamilton Essex 81          
Annual maturities of mortgage debt          
2026 10,000,000        
Total 10,000,000        
Less: unamortized deferred financing costs (48,262)        
Secured Debt 9,951,738   9,937,949    
345 Franklin          
Annual maturities of mortgage debt          
2023-current maturities 224,199        
2024 233,032        
2025 242,212        
2026 251,753        
2027 261,671        
Thereafter 7,668,034        
Total 8,880,901        
Less: unamortized deferred financing costs (41,615)        
Secured Debt 8,839,286   9,048,329    
Hamilton Minuteman          
Annual maturities of mortgage debt          
Thereafter 6,000,000        
Total 6,000,000        
Less: unamortized deferred financing costs (77,402)       $ (123,000)
Secured Debt 5,922,598   5,914,414    
Hamilton on Main Apts          
Annual maturities of mortgage debt          
2025 16,900,000        
Total 16,900,000        
Less: unamortized deferred financing costs (38,791)        
Secured Debt 16,861,209   16,845,158    
Dexter Park          
Annual maturities of mortgage debt          
Thereafter 125,000,000        
Total 125,000,000        
Less: unamortized deferred financing costs (398,508)        
Secured Debt $ 124,601,492   $ 124,536,869 $ 82,000,000