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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Mortgage Maturities) (Details) - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Mar. 31, 2022
May 31, 2018
Oct. 13, 2016
Annual maturities of mortgage debt          
2024-current maturities $ 2,753,000        
2025 3,014,000        
2026 22,063,000        
2027 6,625,000        
2028 23,163,000        
Thereafter 355,895,000        
Total 413,513,000        
Less: unamortized deferred financing costs (3,064,000)        
Secured Debt $ 410,449,284 $ 410,966,199      
Weighted average interest rate (as a percent) 4.18%        
Effective interest rate (as a percent) 4.25%        
Investment Properties          
Annual maturities of mortgage debt          
2024-current maturities $ 233,032        
2025 17,142,212        
2026 10,251,753        
2027 261,671        
2028 271,979        
Thereafter 138,396,055        
Total 166,556,702        
Less: unamortized deferred financing costs (495,273)        
Secured Debt 166,061,429   $ 166,176,323    
Hamilton Essex 81          
Annual maturities of mortgage debt          
2026 10,000,000        
Total 10,000,000        
Less: unamortized deferred financing costs (34,473)        
Secured Debt 9,965,527   9,951,738    
345 Franklin          
Annual maturities of mortgage debt          
2024-current maturities 233,032        
2025 242,212        
2026 251,753        
2027 261,671        
2028 271,979        
Thereafter 7,396,055        
Total 8,656,702        
Less: unamortized deferred financing costs (34,957)        
Secured Debt 8,621,745   8,839,286    
Hamilton Minuteman          
Annual maturities of mortgage debt          
Thereafter 6,000,000        
Total 6,000,000        
Less: unamortized deferred financing costs (69,219)       $ (123,000)
Secured Debt 5,930,781   5,922,598    
Hamilton on Main Apts          
Annual maturities of mortgage debt          
2025 16,900,000        
Total 16,900,000        
Less: unamortized deferred financing costs (22,739)        
Secured Debt 16,877,261   16,861,209    
Dexter Park          
Annual maturities of mortgage debt          
Thereafter 125,000,000        
Total 125,000,000        
Less: unamortized deferred financing costs (333,885)        
Secured Debt $ 124,666,115   $ 124,601,492 $ 82,000,000