FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2022

FAIR VALUE MEASUREMENTS

Schedule of carrying amounts and estimated fair value of debt

	Dec 31, 2022		Dec 31, 2021
	Carrying Value	Fair Value	Carrying Value	Fair Value
Assets
Cash equivalents	49,560,723	49,560,723	96,083,508	96,083,508
Treasury bills	88,332,133	88,908,540	—	—
Total Assets	137,892,856	138,469,263	96,083,508	96,083,508
Liabilities
Mortgage payable *
- Partnership properties	410,966,199	355,629,060	370,481,390	383,244,134
- Investment properties	166,090,966	153,710,522	166,203,705	175,881,762
Total Liabilities	577,675,590	522,814,114	536,685,095	559,125,896

*Net of unamortized deferred financing costs