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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Income) (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
May 31, 2018
Revenues            
Rental Income $ 17,964,963 $ 16,825,737 $ 35,533,690 $ 33,285,743    
Laundry and Sundry Income 136,073 106,191 259,032 226,593    
Total Revenues 18,101,036 16,931,928 35,792,722 33,512,336    
Expenses            
Administrative 867,721 623,877 1,604,822 1,331,663    
Depreciation and Amortization 3,961,432 4,076,597 7,807,693 8,097,365    
Management Fees 665,073 672,370 1,362,837 1,345,454    
Operating 1,721,233 1,522,250 4,255,029 4,198,458    
Renting 244,434 150,943 436,019 320,332    
Repairs and Maintenance 3,479,071 2,974,734 6,241,845 5,254,385    
Taxes and Insurance 2,423,722 2,300,235 4,894,401 4,576,808    
Total Expenses 13,362,686 12,321,006 26,602,646 25,124,465    
Income Before Other Income (Expense) 4,738,350 4,610,922 9,190,076 8,387,871    
Other Income (Loss)            
Interest expense (3,925,863) (3,623,714) (7,825,103) (7,078,349)    
Other (expenses) 92,810 (834,538) 92,823 (834,533)    
Total Other Income (Expense) (2,513,746) (4,367,937) (5,210,735) (7,802,470)    
Net Income 2,224,604 242,985 3,979,341 585,401    
Mortgage Notes Payable 409,834,512   409,834,512   $ 410,966,199  
Investment Properties            
Revenues            
Rental Income 6,226,054 5,671,573 12,395,623 11,225,850    
Laundry and Sundry Income (2,659) 30,338 51,473 73,038    
Total Revenues 6,223,395 5,701,911 12,447,096 11,298,888    
Expenses            
Administrative 114,053 82,741 188,518 182,828    
Depreciation and Amortization 1,473,063 1,500,155 2,934,073 2,991,057    
Management Fees 162,886 161,799 333,900 323,500    
Operating 501,744 418,038 1,153,996 1,005,880    
Renting 77,563 44,098 142,932 136,539    
Repairs and Maintenance 863,313 711,039 1,434,354 1,305,420    
Taxes and Insurance 950,102 910,005 1,879,474 1,818,850    
Total Expenses 4,142,724 3,827,875 8,067,247 7,764,074    
Income Before Other Income (Expense) 2,080,671 1,874,036 4,379,849 3,534,814    
Other Income (Loss)            
Interest expense (1,804,559) (1,687,357) (3,573,231) (3,347,285)    
Total Other Income (Expense) (1,804,559) (1,687,357) (3,573,231) (3,347,285)    
Net Income 276,112 186,679 806,618 187,529    
Proportionate share of net income (loss) 119,664 90,283 347,368 110,351    
Mortgage Notes Payable 166,031,339 166,148,408 166,031,339 166,148,408    
Investment Properties | NERA 50%            
Other Income (Loss)            
Proportionate share of net income (loss) 46,087 78,041 123,593 176,685    
Investment Properties | NERA 40%            
Other Income (Loss)            
Proportionate share of net income (loss) 73,577 12,242 223,774 (66,334)    
Hamilton Essex 81            
Revenues            
Rental Income 411,189 318,903 850,177 760,751    
Laundry and Sundry Income 337   3,040 5,394    
Total Revenues 411,526 318,903 853,217 766,145    
Expenses            
Administrative 5,791 4,099 10,531 8,873    
Depreciation and Amortization 117,146 119,593 234,133 238,779    
Management Fees 14,652 18,611 33,744 37,096    
Operating 67,170 66,248 150,518 119,220    
Renting 27,770 8,437 30,945 14,065    
Repairs and Maintenance 41,487 34,939 95,955 69,868    
Taxes and Insurance 70,311 66,641 141,245 133,102    
Total Expenses 344,327 318,568 697,071 621,003    
Income Before Other Income (Expense) 67,199 335 156,146 145,142    
Other Income (Loss)            
Interest expense (186,539) (79,158) (358,852) (141,388)    
Total Other Income (Expense) (186,539) (79,158) (358,852) (141,388)    
Net Income (119,340) (78,823) (202,706) 3,754    
Mortgage Notes Payable 9,968,975 9,955,186 9,968,975 9,955,186    
Hamilton Essex 81 | NERA 50%            
Other Income (Loss)            
Proportionate share of net income (loss) (59,670) (39,411) (101,353) 1,877    
Hamilton Essex Development            
Revenues            
Rental Income 60,471 89,269 120,942 175,371    
Total Revenues 60,471 89,269 120,942 175,371    
Expenses            
Administrative 750 798 1,500 1,548    
Depreciation and Amortization 2,928 2,928 5,855 5,855    
Management Fees 1,589 4,208 4,768 7,526    
Repairs and Maintenance   3,180   3,180    
Taxes and Insurance 15,224 15,518 30,681 31,508    
Total Expenses 20,491 26,632 42,804 49,617    
Income Before Other Income (Expense) 39,980 62,637 78,138 125,754    
Other Income (Loss)            
Net Income 39,980 62,637 78,138 125,754    
Hamilton Essex Development | NERA 50%            
Other Income (Loss)            
Proportionate share of net income (loss) 19,990 31,319 39,070 62,878    
345 Franklin            
Revenues            
Rental Income 422,123 368,001 834,013 714,821    
Laundry and Sundry Income   125   125    
Total Revenues 422,123 368,126 834,013 714,946    
Expenses            
Administrative 9,574 8,468 13,043 19,992    
Depreciation and Amortization 86,560 86,777 172,866 173,191    
Management Fees 16,495 14,306 32,632 28,109    
Operating 31,655 14,822 57,035 36,715    
Renting 9,943 7,046 18,200 17,206    
Repairs and Maintenance 38,327 29,226 62,538 83,758    
Taxes and Insurance 47,111 43,744 94,286 87,467    
Total Expenses 239,665 204,389 450,600 446,438    
Income Before Other Income (Expense) 182,458 163,737 383,413 268,508    
Other Income (Loss)            
Interest expense (86,515) (87,963) (173,474) (176,400)    
Total Other Income (Expense) (86,515) (87,963) (173,474) (176,400)    
Net Income 95,943 75,774 209,939 92,108    
Mortgage Notes Payable 8,565,993 8,785,710 8,565,993 8,785,710    
345 Franklin | NERA 50%            
Other Income (Loss)            
Proportionate share of net income (loss) 47,972 37,888 104,970 46,054    
Hamilton 1025            
Revenues            
Rental Income 24,867 25,752 49,735 50,122    
Total Revenues 24,867 25,752 49,735 50,122    
Expenses            
Administrative 951 699 1,871 1,349    
Depreciation and Amortization 816 816 1,632 1,632    
Management Fees 994 1,095 1,989 2,053    
Operating 75   142 1,165    
Operating   (8)        
Taxes and Insurance 4,203 4,712 8,704 9,120    
Total Expenses 7,039 7,314 14,338 15,319    
Income Before Other Income (Expense) 17,828 18,438 35,397 34,803    
Other Income (Loss)            
Net Income 17,828 18,438 35,397 34,803    
Hamilton 1025 | NERA 50%            
Other Income (Loss)            
Proportionate share of net income (loss) 8,914 9,219 17,699 17,402    
Hamilton Minuteman            
Revenues            
Rental Income 325,228 304,499 638,730 598,537    
Laundry and Sundry Income   1,076   776    
Total Revenues 325,228 305,575 638,730 599,313    
Expenses            
Administrative 5,607 3,404 9,482 5,755    
Depreciation and Amortization 84,591 84,443 168,308 168,403    
Management Fees 12,857 12,136 25,663 23,529    
Operating 30,856 19,617 68,372 75,203    
Renting 205 3,212 1,573 7,014    
Repairs and Maintenance 23,299 28,777 44,233 44,990    
Taxes and Insurance 35,042 37,950 70,400 75,678    
Total Expenses 192,457 189,539 388,031 400,572    
Income Before Other Income (Expense) 132,771 116,036 250,699 198,741    
Other Income (Loss)            
Interest expense (59,358) (59,390) (118,108) (118,129)    
Total Other Income (Expense) (59,358) (59,390) (118,108) (118,129)    
Net Income 73,413 56,646 132,591 80,612    
Mortgage Notes Payable 5,932,827 5,924,643 5,932,827 5,924,643    
Hamilton Minuteman | NERA 50%            
Other Income (Loss)            
Proportionate share of net income (loss) 36,708 28,324 66,296 40,306    
Hamilton on Main Apts            
Revenues            
Rental Income 963,511 915,736 1,886,063 1,806,118    
Laundry and Sundry Income (15,429) 6,599   17,150    
Total Revenues 948,082 922,335 1,886,063 1,823,268    
Expenses            
Administrative 26,269 11,059 38,973 35,579    
Depreciation and Amortization 265,496 268,850 530,006 537,314    
Management Fees 36,933 35,145 74,129 72,517    
Operating 95,322 83,136 224,264 191,826    
Renting 12,509 10,591 24,455 25,580    
Repairs and Maintenance 183,276 172,036 336,730 305,954    
Taxes and Insurance 130,566 130,695 262,939 261,364    
Total Expenses 750,371 711,512 1,491,496 1,430,134    
Income Before Other Income (Expense) 197,711 210,823 394,567 393,134    
Other Income (Loss)            
Interest expense (213,366) (189,421) (400,743) (376,798)    
Total Other Income (Expense) (213,366) (189,421) (400,743) (376,798)    
Net Income (15,655) 21,402 (6,176) 16,336    
Mortgage Notes Payable 16,881,274 16,865,222 16,881,274 16,865,222    
Hamilton on Main Apts | NERA 50%            
Other Income (Loss)            
Proportionate share of net income (loss) (7,827) 10,702 (3,088) 8,168    
Dexter Park            
Revenues            
Rental Income 4,018,665 3,649,413 8,015,963 7,120,130    
Laundry and Sundry Income 12,433 22,538 48,433 49,593    
Total Revenues 4,031,098 3,671,951 8,064,396 7,169,723    
Expenses            
Administrative 65,111 54,214 113,118 109,732    
Depreciation and Amortization 915,526 936,748 1,821,273 1,865,883    
Management Fees 79,366 76,298 160,975 152,670    
Operating 276,666 234,223 653,665 581,751    
Renting 27,136 14,812 67,759 72,674    
Repairs and Maintenance 576,924 442,881 894,898 797,670    
Taxes and Insurance 647,645 610,745 1,271,219 1,220,611    
Total Expenses 2,588,374 2,369,921 4,982,907 4,800,991    
Income Before Other Income (Expense) 1,442,724 1,302,030 3,081,489 2,368,732    
Other Income (Loss)            
Interest expense (1,258,781) (1,271,425) (2,522,054) (2,534,570)    
Total Other Income (Expense) (1,258,781) (1,271,425) (2,522,054) (2,534,570)    
Net Income 183,943 30,605 559,435 (165,838)    
Mortgage Notes Payable 124,682,270 124,617,647 124,682,270 124,617,647   $ 82,000,000
Dexter Park | NERA 40%            
Other Income (Loss)            
Proportionate share of net income (loss) $ 73,577 $ 12,242 $ 223,774 $ (66,334)    
NERA 50%            
Other Income (Loss)            
Ownership interest (as a percent) 50.00% 50.00% 50.00% 50.00%    
NERA 40%            
Other Income (Loss)            
Ownership interest (as a percent) 40.00% 40.00% 40.00% 40.00%