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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Mortgage Maturities) (Details) - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Sep. 30, 2022
May 31, 2018
Sep. 12, 2016
Annual maturities of mortgage debt          
2024 $ 3,295,000        
2025 3,639,000        
2026 25,267,000        
2027 3,268,000        
2028 22,846,000        
Thereafter 353,812,000        
Total 412,127,000        
Less: unamortized deferred financing costs (2,874,000)        
Secured Debt $ 409,253,129 $ 410,966,199      
Weighted average interest rate (as a percent) 4.23%        
Effective interest rate (as a percent) 4.29%        
Investment Properties          
Annual maturities of mortgage debt          
2024 $ 17,137,577        
2025 10,246,936        
2026 256,664        
2027 266,775        
2028 132,533,358        
Thereafter 6,000,000        
Total 166,441,310        
Less: unamortized deferred financing costs (440,620)        
Secured Debt 166,000,690   $ 166,119,958    
Hamilton Essex 81          
Annual maturities of mortgage debt          
2025 10,000,000        
Total 10,000,000        
Less: unamortized deferred financing costs (27,578)        
Secured Debt 9,972,422   9,958,633    
345 Franklin          
Annual maturities of mortgage debt          
2024 237,577        
2025 246,936        
2026 256,664        
2027 266,775        
2028 7,533,358        
Total 8,541,310        
Less: unamortized deferred financing costs (31,627)        
Secured Debt 8,509,683   8,731,598    
Hamilton Minuteman          
Annual maturities of mortgage debt          
Thereafter 6,000,000        
Total 6,000,000        
Less: unamortized deferred financing costs (65,127)       $ (123,000)
Secured Debt 5,934,873   5,926,689    
Hamilton on Main Apts          
Annual maturities of mortgage debt          
2024 16,900,000        
Total 16,900,000        
Less: unamortized deferred financing costs (14,714)        
Secured Debt 16,885,286   16,869,235    
Dexter Park          
Annual maturities of mortgage debt          
2028 125,000,000        
Total 125,000,000        
Less: unamortized deferred financing costs (301,574)        
Secured Debt $ 124,698,426   $ 124,633,803 $ 82,000,000