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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Income) (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Aug. 23, 2023
Dec. 31, 2022
May 31, 2018
Revenues              
Rental Income $ 18,804,320 $ 16,974,515 $ 54,338,011 $ 50,260,258      
Laundry and Sundry Income 157,322 103,868 416,354 330,461      
Total Revenues 18,961,642 17,078,383 54,754,365 50,590,719      
Expenses              
Administrative 642,907 696,656 2,247,729 2,028,319      
Depreciation and Amortization 4,426,701 4,114,913 12,234,394 12,212,278      
Management Fees 810,436 683,999 2,173,272 2,029,453      
Operating 1,610,342 1,410,843 5,865,371 5,609,302      
Renting 391,093 181,574 827,112 501,906      
Repairs and Maintenance 3,611,652 3,126,953 9,853,498 8,381,339      
Taxes and Insurance 2,569,250 2,302,648 7,463,651 6,879,455      
Total Expenses 14,062,381 12,517,586 40,665,027 37,642,052      
Income Before Other Income (Expense) 4,899,261 4,560,797 14,089,338 12,948,667      
Other Income (Loss)              
Interest expense (3,956,181) (3,982,445) (11,781,285) (11,060,794)      
Other income (expenses)   (39,994)   (874,526)      
Total Other Income (Expense) (2,724,035) (3,565,573) (7,934,770) (11,368,042)      
Net Income 2,175,226 995,224 6,154,568 1,580,625      
Mortgage Notes Payable 409,253,129   409,253,129     $ 410,966,199  
Investment Properties              
Revenues              
Rental Income 6,363,512 6,029,010 18,768,869 17,255,169      
Laundry and Sundry Income 63,217 36,557 104,955 109,285      
Total Revenues 6,426,729 6,065,567 18,873,824 17,364,454      
Expenses              
Administrative 108,968 90,892 297,486 273,720      
Depreciation and Amortization 1,487,555 1,513,629 4,421,628 4,504,686      
Management Fees 180,030 167,498 513,932 490,999      
Operating 532,720 451,350 1,686,716 1,457,229      
Renting 90,479 49,202 233,409 185,741      
Repairs and Maintenance 923,701 925,670 2,358,054 2,231,091      
Taxes and Insurance 989,164 937,128 2,868,638 2,755,975      
Total Expenses 4,312,617 4,135,369 12,379,863 11,899,441      
Income Before Other Income (Expense) 2,114,112 1,930,198 6,493,961 5,465,013      
Other Income (Loss)              
Interest expense (1,789,373) (1,736,627) (5,362,604) (5,083,912)      
Total Other Income (Expense) (1,789,373) (1,736,627) (5,362,604) (5,083,912)      
Net Income 324,739 193,571 1,131,357 381,101      
Proportionate share of net income (loss) 148,723 93,516 496,092 203,867      
Mortgage Notes Payable 166,000,690 166,119,958 166,000,690 166,119,958      
Investment Properties | NERA 50%              
Other Income (Loss)              
Proportionate share of net income (loss) 94,145 80,451 217,739 257,136      
Investment Properties | NERA 40%              
Other Income (Loss)              
Proportionate share of net income (loss) 54,578 13,065 278,353 (53,269)      
Hamilton Essex 81              
Revenues              
Rental Income 450,353 433,819 1,305,180 1,194,570      
Laundry and Sundry Income 2,418 4,445 807 9,839      
Total Revenues 452,771 438,264 1,305,987 1,204,409      
Expenses              
Administrative 4,426 5,640 14,957 14,512      
Depreciation and Amortization 117,886 119,789 352,019 358,568      
Management Fees 18,730 21,620 52,475 58,716      
Operating 78,368 49,866 228,886 169,086      
Renting 24,988 9,759 55,933 23,823      
Repairs and Maintenance 44,602 62,158 140,557 132,026      
Taxes and Insurance 69,964 66,313 211,209 199,415      
Total Expenses 358,964 335,145 1,056,036 956,146      
Income Before Other Income (Expense) 93,807 103,119 249,951 248,263      
Other Income (Loss)              
Interest expense (194,683) (116,185) (553,535) (257,574)      
Total Other Income (Expense) (194,683) (116,185) (553,535) (257,574)      
Net Income (100,876) (13,066) (303,584) (9,311)      
Mortgage Notes Payable 9,972,422 9,958,633 9,972,422 9,958,633      
Hamilton Essex 81 | NERA 50%              
Other Income (Loss)              
Proportionate share of net income (loss) (50,439) (6,534) (151,792) (4,656)      
Hamilton Essex Development              
Revenues              
Rental Income 60,471 60,471 181,413 235,842      
Total Revenues 60,471 60,471 181,413 235,842      
Expenses              
Administrative 778 4,250 2,278 5,798      
Depreciation and Amortization 2,927 2,927 8,782 8,782      
Management Fees 2,416 2,353 7,183 9,879      
Repairs and Maintenance       3,180      
Taxes and Insurance 15,438 15,566 46,119 47,074      
Total Expenses 21,559 25,096 64,362 74,713      
Income Before Other Income (Expense) 38,912 35,375 117,051 161,129      
Other Income (Loss)              
Net Income 38,912 35,375 117,051 161,129      
Hamilton Essex Development | NERA 50%              
Other Income (Loss)              
Proportionate share of net income (loss) 19,456 17,688 58,527 80,565      
345 Franklin              
Revenues              
Rental Income 431,453 392,851 1,265,519 1,107,677      
Laundry and Sundry Income 168   115 120      
Total Revenues 431,621 392,851 1,265,634 1,107,797      
Expenses              
Administrative 10,574 6,060 23,617 26,052      
Depreciation and Amortization 86,878 86,776 259,744 259,967      
Management Fees 16,856 15,610 49,489 43,719      
Operating 13,741 18,186 70,775 54,901      
Renting 16,641 10,650 34,840 27,857      
Repairs and Maintenance 64,889 41,565 127,427 125,323      
Taxes and Insurance 48,988 44,269 143,274 131,736      
Total Expenses 258,567 223,116 709,166 669,555      
Income Before Other Income (Expense) 173,054 169,735 556,468 438,242      
Other Income (Loss)              
Interest expense (85,476) (86,694) (258,949) (263,093)      
Total Other Income (Expense) (85,476) (86,694) (258,949) (263,093)      
Net Income 87,578 83,041 297,519 175,149      
Mortgage Notes Payable 8,509,683 8,731,598 8,509,683 8,731,598      
345 Franklin | NERA 50%              
Other Income (Loss)              
Proportionate share of net income (loss) 43,789 41,520 148,760 87,575      
Hamilton 1025              
Revenues              
Rental Income 24,255 27,813 73,989 77,935      
Total Revenues 24,255 27,813 73,989 77,935      
Expenses              
Administrative 729 793 2,600 2,142      
Depreciation and Amortization 816 816 2,448 2,448      
Management Fees 1,011 1,112 3,000 3,166      
Operating 75   218 1,219      
Operating   54          
Taxes and Insurance 4,333 4,448 13,037 13,567      
Total Expenses 6,964 7,223 21,303 22,542      
Income Before Other Income (Expense) 17,291 20,590 52,686 55,393      
Other Income (Loss)              
Net Income 17,291 20,590 52,686 55,393      
Hamilton 1025 | NERA 50%              
Other Income (Loss)              
Proportionate share of net income (loss) 8,645 10,295 26,343 27,697      
Hamilton Minuteman              
Revenues              
Rental Income 338,729 300,345 977,459 899,186      
Laundry and Sundry Income       472      
Total Revenues 338,729 300,345 977,459 899,658      
Expenses              
Administrative 3,140 3,542 12,622 9,297      
Depreciation and Amortization 85,184 84,966 253,492 253,369      
Management Fees 13,606 12,438 39,269 35,967      
Operating 25,399 20,336 93,771 95,538      
Renting 4,023 1,974 5,596 8,988      
Repairs and Maintenance 32,802 37,999 77,035 82,989      
Taxes and Insurance 38,211 38,546 108,611 114,224      
Total Expenses 202,365 199,801 590,396 600,372      
Income Before Other Income (Expense) 136,364 100,544 387,063 299,286      
Other Income (Loss)              
Interest expense (59,586) (59,000) (177,694) (177,129)      
Total Other Income (Expense) (59,586) (59,000) (177,694) (177,129)      
Net Income 76,778 41,544 209,369 122,157      
Mortgage Notes Payable 5,934,873 5,926,689 5,934,873 5,926,689      
Hamilton Minuteman | NERA 50%              
Other Income (Loss)              
Proportionate share of net income (loss) 38,390 20,771 104,685 61,078      
Hamilton on Main Apts              
Revenues              
Rental Income 986,514 919,313 2,877,609 2,725,431      
Laundry and Sundry Income 16,329 8,252 11,298 25,402      
Total Revenues 1,002,843 927,565 2,888,907 2,750,833      
Expenses              
Administrative 20,469 16,448 59,441 52,028      
Depreciation and Amortization 266,962 270,802 796,968 808,116      
Management Fees 39,514 36,098 113,643 108,615      
Operating 105,437 90,931 329,701 282,757      
Renting 14,099 14,264 38,553 39,844      
Repairs and Maintenance 163,163 188,269 499,894 494,223      
Taxes and Insurance 132,214 125,879 395,153 387,242      
Total Expenses 741,858 742,691 2,233,353 2,172,825      
Income Before Other Income (Expense) 260,985 184,874 655,554 578,008      
Other Income (Loss)              
Interest expense (192,376) (191,453) (593,120) (568,251)      
Total Other Income (Expense) (192,376) (191,453) (593,120) (568,251)      
Net Income 68,609 (6,579) 62,434 9,757      
Mortgage Notes Payable 16,885,286 16,869,235 16,885,286 16,869,235      
Hamilton on Main Apts | NERA 50%              
Other Income (Loss)              
Proportionate share of net income (loss) 34,305 (3,289) 31,217 4,879      
Dexter Park              
Revenues              
Rental Income 4,071,737 3,894,398 12,087,700 11,014,528      
Laundry and Sundry Income 44,302 23,860 92,735 73,452      
Total Revenues 4,116,039 3,918,258 12,180,435 11,087,980      
Expenses              
Administrative 68,852 54,159 181,971 163,891      
Depreciation and Amortization 926,902 947,553 2,748,175 2,813,436      
Management Fees 87,897 78,267 248,873 230,937      
Operating 309,700 271,977 963,365 853,728      
Renting 30,728 12,555 98,487 85,229      
Repairs and Maintenance 618,245 595,679 1,513,141 1,393,350      
Taxes and Insurance 680,016 642,107 1,951,235 1,862,717      
Total Expenses 2,722,340 2,602,297 7,705,247 7,403,288      
Income Before Other Income (Expense) 1,393,699 1,315,961 4,475,188 3,684,692      
Other Income (Loss)              
Interest expense (1,257,252) (1,283,295) (3,779,306) (3,817,865)      
Total Other Income (Expense) (1,257,252) (1,283,295) (3,779,306) (3,817,865)      
Net Income 136,447 32,666 695,882 (133,173)      
Mortgage Notes Payable 124,698,426 124,633,803 124,698,426 124,633,803     $ 82,000,000
Dexter Park | NERA 40%              
Other Income (Loss)              
Proportionate share of net income (loss) $ 54,578 $ 13,065 $ 278,353 $ (53,269)      
NERA 50%              
Other Income (Loss)              
Ownership interest (as a percent) 50.00% 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%