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RENTAL PROPERTIES (Details)
1 Months Ended 12 Months Ended
Oct. 14, 2022
USD ($)
Oct. 04, 2022
Jun. 16, 2022
USD ($)
property
Nov. 30, 2021
USD ($)
property
Mar. 31, 2020
USD ($)
Mar. 31, 2020
USD ($)
Dec. 31, 2022
USD ($)
item
property
Dec. 31, 2021
USD ($)
property
Dec. 31, 2020
USD ($)
property
Jun. 15, 2022
property
Rental properties                    
Total fixed assets             $ 400,703,910 $ 400,588,242    
Less: Accumulated depreciation             (159,627,479) (149,233,040)    
Total fixed assets, net             241,076,431 251,355,202    
Payment of debt             2,283,733 2,294,389 $ 2,212,019  
Mortgage prepayment penalties     $ 834,544 $ 2,745,979            
Proceeds of mortgage notes payable             41,889,433 88,582,856 $ 3,781,877  
Line of credit             0 0    
Brookside Associates LLC Residential Apartments Woburn, Massachusetts                    
Rental properties                    
Interest rate (as a percent)         3.53% 3.53%        
Repayment of loan         $ 2,390,000 $ 2,390,000        
Closing Costs         $ 136,000 $ 136,000        
Extending the maturity until October 14, 2032 | Modification agreement with Brookline Bank.                    
Rental properties                    
Interest rate (as a percent)   4.60%                
Existing loan amount $ 5,954,546.14                  
Interest only term 2 years                  
Term of debt 30 years                  
Additional earnout $ 1,495,453.86                  
Debt service coverage ratio 1.35                  
Threshold percentage of Loan to Value 65.00%                  
Extending the maturity until October 14, 2032 | Modification agreement with Brookline Bank. | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]                    
Rental properties                    
Variable interest rate spread   1.70%                
Master Credit Facility [Member]                    
RENTAL PROPERTIES                    
Number of properties | property     4 11           4
Rental properties                    
Interest rate (as a percent)     4.33% 2.97%            
Payment of debt     $ 37,065,000 $ 65,305,000            
Mortgage prepayment penalties     834,000 2,700,000            
Proceeds of mortgage notes payable     $ 42,404,000 89,000,000            
Line of credit       $ 89,000,000            
Master Credit Facility [Member] | Modification agreement with Brookline Bank.                    
Rental properties                    
Interest rate (as a percent) 4.60%                  
Existing loan amount $ 5,954,546.14                  
Interest only term 2 years                  
Term of debt 30 years                  
Additional earnout $ 1,495,453.86                  
Debt service coverage ratio 1.35                  
Threshold percentage of Loan to Value 65.00%                  
Master Credit Facility [Member] | Modification agreement with Brookline Bank. | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]                    
Rental properties                    
Variable interest rate spread 1.70%                  
Land, improvements and parking lots                    
Rental properties                    
Total fixed assets             $ 87,405,897 86,887,276    
Land, improvements and parking lots | Minimum                    
Rental properties                    
Useful Life             15 years      
Land, improvements and parking lots | Maximum                    
Rental properties                    
Useful Life             40 years      
Buildings and improvements                    
Rental properties                    
Total fixed assets             $ 256,035,191 253,952,680    
Buildings and improvements | Minimum                    
Rental properties                    
Useful Life             15 years      
Buildings and improvements | Maximum                    
Rental properties                    
Useful Life             40 years      
Kitchen cabinets                    
Rental properties                    
Total fixed assets             $ 14,347,212 16,946,916    
Kitchen cabinets | Minimum                    
Rental properties                    
Useful Life             5 years      
Kitchen cabinets | Maximum                    
Rental properties                    
Useful Life             10 years      
Carpets                    
Rental properties                    
Total fixed assets             $ 12,047,573 12,029,577    
Carpets | Minimum                    
Rental properties                    
Useful Life             5 years      
Carpets | Maximum                    
Rental properties                    
Useful Life             10 years      
Air conditioning                    
Rental properties                    
Total fixed assets             $ 501,697 501,697    
Air conditioning | Minimum                    
Rental properties                    
Useful Life             5 years      
Air conditioning | Maximum                    
Rental properties                    
Useful Life             10 years      
Laundry equipment                    
Rental properties                    
Total fixed assets             $ 553,140 608,271    
Laundry equipment | Minimum                    
Rental properties                    
Useful Life             5 years      
Laundry equipment | Maximum                    
Rental properties                    
Useful Life             7 years      
Elevators                    
Rental properties                    
Total fixed assets             $ 1,885,265 1,885,265    
Elevators | Minimum                    
Rental properties                    
Useful Life             20 years      
Elevators | Maximum                    
Rental properties                    
Useful Life             40 years      
Swimming pools                    
Rental properties                    
Total fixed assets             $ 1,090,604 1,090,604    
Swimming pools | Minimum                    
Rental properties                    
Useful Life             10 years      
Swimming pools | Maximum                    
Rental properties                    
Useful Life             30 years      
Equipment                    
Rental properties                    
Total fixed assets             $ 18,716,758 18,072,761    
Equipment | Minimum                    
Rental properties                    
Useful Life             5 years      
Equipment | Maximum                    
Rental properties                    
Useful Life             30 years      
Motor vehicles                    
Rental properties                    
Total fixed assets             $ 171,519 171,519    
Useful Life             5 years      
Fences                    
Rental properties                    
Total fixed assets             $ 46,872 46,872    
Fences | Minimum                    
Rental properties                    
Useful Life             5 years      
Fences | Maximum                    
Rental properties                    
Useful Life             15 years      
Furniture and fixtures                    
Rental properties                    
Total fixed assets             $ 7,902,182 7,898,163    
Furniture and fixtures | Minimum                    
Rental properties                    
Useful Life             5 years      
Furniture and fixtures | Maximum                    
Rental properties                    
Useful Life             7 years      
Smoke alarms                    
Rental properties                    
Total fixed assets               $ 496,641    
Smoke alarms | Minimum                    
Rental properties                    
Useful Life             5 years      
Smoke alarms | Maximum                    
Rental properties                    
Useful Life             7 years      
Wholly owned properties                    
RENTAL PROPERTIES                    
Number of properties | property             29      
Investment Properties                    
RENTAL PROPERTIES                    
Number of units | property             690 690 865  
NERA 40%                    
RENTAL PROPERTIES                    
Ownership interest (as a percent)             40.00% 40.00% 40.00%  
NERA 50%                    
RENTAL PROPERTIES                    
Ownership interest (as a percent)             50.00% 50.00% 50.00%  
Residential and mixed-use properties | Wholly owned properties                    
RENTAL PROPERTIES                    
Number of units | item             2,892      
Number of properties | property             25      
Residential and mixed-use properties | Partially owned properties                    
RENTAL PROPERTIES                    
Number of units | item             688      
Residential and mixed-use properties | Investment Properties | Partially owned properties                    
RENTAL PROPERTIES                    
Number of properties | item             7      
Residential and mixed-use properties | Limited Partnerships | Partially owned properties                    
RENTAL PROPERTIES                    
Number of properties | item             7      
Residential and mixed-use properties | NERA 40% | Partially owned properties | Minimum                    
RENTAL PROPERTIES                    
Ownership interest (as a percent)             40.00%      
Residential and mixed-use properties | NERA 50% | Partially owned properties | Maximum                    
RENTAL PROPERTIES                    
Ownership interest (as a percent)             50.00%      
Condominium | Wholly owned properties                    
RENTAL PROPERTIES                    
Number of units | item             19      
Number of properties | property             1