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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Hamilton Essex) (Details)
3 Months Ended
Oct. 12, 2016
USD ($)
Sep. 30, 2015
USD ($)
Mar. 07, 2005
USD ($)
item
Mar. 31, 2023
USD ($)
property
Mar. 31, 2022
USD ($)
property
Dec. 31, 2022
USD ($)
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Investments in joint venture       $ 1,436,252   $ 1,437,387
Repayment of loan $ 5,158,000          
Distribution to the Partnership       5,704,385 $ 5,821,134  
Mortgage Notes Payable       $ 410,449,284   $ 410,966,199
Hamilton Essex 81            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Number of units     48 49 49  
Number of properties in which borrowing amount collateralized | item     1      
Distribution to the Partnership   $ 978,193        
Mortgage Notes Payable       $ 9,965,527 $ 9,951,738  
Hamilton Essex Development            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Number of units | property       1 1  
Capacity of real estate property (in cars per lot) | item     50      
Hamilton Essex 81            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Investments in joint venture     $ 2,000,000      
Ownership interest (as a percent)     50.00%      
Purchase price of real estate properties     $ 14,300,000      
Residential buildings | Hamilton Essex 81            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Number of units | property       48 48  
Commercial | Hamilton Essex 81            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Number of units | property       1 1  
Commercial | Hamilton Essex Development            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Number of units | property       1 1  
Mortgages payable | Maximum            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Interest rate (as a percent)       4.95%    
Mortgages payable | Hamilton Essex Development, LLC and Hamilton Essex 81, LLC            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Borrowings     $ 10,750,000      
Mortgages payable | Hamilton Essex 81            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Amount of loan proceeds utilized for pay off the existing mortgage   $ 8,040,719        
Term of debt   10 years        
Mortgage Notes Payable       $ 10,000,000    
Borrowings   $ 10,000,000        
Mortgages payable | Hamilton Essex 81 | LIBOR            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Margin over basis of interest rate (as a percent)   2.18%