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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Dexter) (Details)
9 Months Ended
May 31, 2018
USD ($)
Oct. 28, 2009
USD ($)
item
Sep. 30, 2024
USD ($)
property
Sep. 30, 2023
USD ($)
property
Dec. 31, 2023
USD ($)
Mar. 02, 2005
USD ($)
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Investments in joint venture     $ 1,421,651   $ 1,441,291 $ 2,352,000
Outstanding amount of mortgage     406,846,877   $ 408,660,292  
Distribution to the Partnership     $ 9,844,390 $ 8,545,265    
Dexter Park            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Number of units   409 409 409    
Purchase price of real estate properties   $ 129,500,000        
Outstanding amount of mortgage $ 82,000,000   $ 124,763,049 $ 124,698,426    
Distribution to the Partnership 41,200,000          
Dexter Park | Mortgages payable            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Loan amount   $ 89,914,000        
Interest rate (as a percent)   5.57%        
Period for which the entity is required to make interest only payments   2 years        
Amortization period of debt   30 years        
John Hancock | Dexter Park            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Loan amount $ 125,000,000          
Interest rate (as a percent) 3.99%          
General Partnership            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Distribution to the Partnership     $ 98,444 $ 85,453    
General Partnership | Dexter Park            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Distribution to the Partnership $ 16,500,000          
Carrying value $ 0          
Dexter Park            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Investments in joint venture   $ 15,925,000        
Ownership interest (as a percent)   40.00%