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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Income) (Details) - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2024
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues                      
Rental Income                 $ 79,762,964 $ 73,892,393 $ 67,560,662
Laundry and Sundry Income                 769,586 588,975 733,064
Total Revenues $ 20,379,550 $ 20,209,035 $ 20,050,566 $ 19,893,399 $ 19,727,004 $ 18,961,642 $ 18,101,036 $ 17,691,686 80,532,550 74,481,368 68,293,726
Expenses                      
Administrative                 2,935,887 2,900,432 2,731,284
Depreciation and Amortization                 16,983,336 16,773,045 16,373,429
Management Fees                 3,178,006 2,948,066 2,716,514
Operating                 7,800,574 7,748,910 7,324,691
Renting                 1,148,593 1,004,666 639,235
Repairs and Maintenance                 13,115,843 13,366,079 11,270,589
Taxes and Insurance                 9,999,058 9,954,214 9,149,837
Total Expenses                 55,161,297 55,666,521 50,205,579
Income Before Other Income (Expense) 6,610,639 6,470,676 6,538,164 5,751,774 4,725,871 4,899,261 4,738,350 4,451,365 25,371,253 18,814,847 18,088,147
Other Income (Loss)                      
Other (Expense)                     (874,517)
Interest income                 4,465,557 4,486,603 1,055,338
Total Other Income (Expense) (2,394,772) (2,561,278) (2,465,438) (2,288,178) (2,426,126) (2,724,035) (2,513,746) (2,696,990) (9,709,666) (10,360,897) (14,364,873)
Net Income $ 4,215,867 $ 3,909,398 $ 4,072,726 $ 3,463,596 $ 2,299,745 $ 2,175,226 $ 2,224,604 $ 1,754,375 15,661,587 8,453,950 3,723,274
Investment Properties                      
Revenues                      
Rental Income                 26,804,487 25,556,572 23,550,304
Laundry and Sundry Income                 255,061 164,467 231,093
Total Revenues                 27,059,548 25,721,039 23,781,397
Expenses                      
Administrative                 392,178 432,128 364,839
Depreciation and Amortization                 5,978,355 5,922,564 6,028,686
Management Fees                 751,024 699,067 662,035
Operating                 2,406,240 2,213,893 2,004,434
Renting                 327,448 282,165 210,499
Repairs and Maintenance                 3,273,826 2,951,720 2,801,051
Taxes and Insurance                 3,845,817 3,858,813 3,700,391
Total Expenses                 16,974,888 16,360,350 15,771,935
Income Before Other Income (Expense)                 10,084,660 9,360,689 8,009,462
Other Income (Loss)                      
Interest Expense                 (7,448,325) (7,149,981) (6,842,685)
Other (Expense)                 75,665 (213,240)  
Interest income                 238,722 30,788  
Interest Income                     (81,360)
Total Other Income (Expense)                 (7,133,938) (7,332,433) (6,924,045)
Net Income                 2,950,722 2,028,256 1,085,417
Proportionate share of net income (loss)                 1,282,102 876,233 499,783
Investment Properties | NERA 50%                      
Other Income (Loss)                      
Proportionate share of net income (loss)                 509,077 324,677 328,089
Investment Properties | NERA 40%                      
Other Income (Loss)                      
Proportionate share of net income (loss)                 773,025 551,556 171,695
Hamilton Essex 81                      
Revenues                      
Rental Income                 1,965,371 1,831,196 1,640,480
Laundry and Sundry Income                 11,914 3,691 17,652
Total Revenues                 1,977,285 1,834,887 1,658,132
Expenses                      
Administrative                 21,123 20,455 19,543
Depreciation and Amortization                 466,653 470,253 478,538
Management Fees                 78,958 72,806 75,216
Operating                 425,064 284,173 229,528
Renting                 36,554 61,559 25,926
Repairs and Maintenance                 244,133 178,816 185,275
Taxes and Insurance                 283,858 281,346 266,024
Total Expenses                 1,556,343 1,369,408 1,280,050
Income Before Other Income (Expense)                 420,942 465,479 378,082
Other Income (Loss)                      
Interest Expense                 (782,293) (752,933) (412,329)
Interest income                 44,314 6,830  
Total Other Income (Expense)                 (737,979) (746,103) (412,329)
Net Income                 (317,037) (280,624) (34,247)
Hamilton Essex 81 | NERA 50%                      
Other Income (Loss)                      
Proportionate share of net income (loss)                 (158,519) (140,312) (17,124)
Hamilton Essex Development                      
Revenues                      
Rental Income                 241,884 241,884 296,313
Total Revenues                 241,884 241,884 296,313
Expenses                      
Administrative                 5,002 3,020 6,548
Depreciation and Amortization                 11,709 11,709 11,709
Management Fees                 9,157 10,489 11,468
Repairs and Maintenance                     3,180
Taxes and Insurance                 67,749 61,557 63,139
Total Expenses                 93,617 86,775 96,044
Income Before Other Income (Expense)                 148,267 155,109 200,269
Other Income (Loss)                      
Interest income                 1,909 375  
Total Other Income (Expense)                 1,909 375  
Net Income                 150,176 155,484 200,269
Hamilton Essex Development | NERA 50%                      
Other Income (Loss)                      
Proportionate share of net income (loss)                 75,088 77,741 100,134
345 Franklin                      
Revenues                      
Rental Income                 1,797,556 1,709,429 1,516,329
Laundry and Sundry Income                   115 245
Total Revenues                 1,797,556 1,709,544 1,516,574
Expenses                      
Administrative                 32,052 30,349 33,656
Depreciation and Amortization                 346,729 346,856 346,793
Management Fees                 70,511 67,116 59,715
Operating                 79,274 89,139 76,108
Renting                 28,812 52,686 32,332
Repairs and Maintenance                 144,504 150,845 184,057
Taxes and Insurance                 195,475 193,215 182,098
Total Expenses                 897,357 930,206 914,759
Income Before Other Income (Expense)                 900,199 779,338 601,815
Other Income (Loss)                      
Interest Expense                 (335,778) (344,847) (351,175)
Interest income                 8,733 1,593  
Total Other Income (Expense)                 (327,045) (343,254) (351,175)
Net Income                 573,154 436,084 250,640
345 Franklin | NERA 50%                      
Other Income (Loss)                      
Proportionate share of net income (loss)                 286,576 218,041 125,320
Hamilton 1025                      
Revenues                      
Rental Income                 103,239 98,734 102,802
Total Revenues                 103,239 98,734 102,802
Expenses                      
Administrative                 3,438 3,300 2,793
Depreciation and Amortization                 3,264 3,264 3,264
Management Fees                 4,199 4,011 4,160
Operating                 174 807 1,344
Renting                 116 13  
Repairs and Maintenance                 6,478    
Taxes and Insurance                 19,178 17,165 18,513
Total Expenses                 36,847 28,560 30,074
Income Before Other Income (Expense)                 66,392 70,174 72,728
Other Income (Loss)                      
Interest income                 793 161  
Total Other Income (Expense)                 793 161  
Net Income                 67,185 70,336 72,729
Hamilton 1025 | NERA 50%                      
Other Income (Loss)                      
Proportionate share of net income (loss)                 33,593 35,167 36,365
Hamilton Minuteman Apts                      
Revenues                      
Rental Income                 1,425,224 1,334,250 1,212,854
Total Revenues                 1,425,224 1,334,250 1,212,854
Expenses                      
Administrative                 17,615 20,021 14,579
Depreciation and Amortization                 335,460 339,605 338,919
Management Fees                 56,955 53,347 48,548
Operating                 114,546 105,254 129,232
Renting                 17,260 5,801 9,873
Repairs and Maintenance                 160,089 94,262 106,689
Taxes and Insurance                 158,746 147,197 153,117
Total Expenses                 860,671 765,487 800,957
Income Before Other Income (Expense)                 564,553 568,763 411,897
Other Income (Loss)                      
Interest Expense                 (237,599) (237,749) (237,851)
Interest income                 9,078 2,592  
Total Other Income (Expense)                 (228,521) (235,157) (237,851)
Net Income                 336,032 333,606 174,046
Hamilton Minuteman Apts | NERA 50%                      
Other Income (Loss)                      
Proportionate share of net income (loss)                 168,016 166,802 87,023
Hamilton on Main Apts                      
Revenues                      
Rental Income                 4,146,753 3,879,734 3,644,802
Laundry and Sundry Income                 50,589 23,163 77,589
Total Revenues                 4,197,342 3,902,897 3,722,391
Expenses                      
Administrative                 115,474 92,589 68,948
Depreciation and Amortization                 1,094,296 1,065,353 1,081,096
Management Fees                 172,193 152,943 146,115
Operating                 469,818 455,086 400,489
Renting                 121,291 54,856 51,327
Repairs and Maintenance                 733,621 625,687 626,909
Taxes and Insurance                 453,032 527,665 513,699
Total Expenses                 3,159,725 2,974,179 2,888,583
Income Before Other Income (Expense)                 1,037,617 928,718 833,808
Other Income (Loss)                      
Interest Expense                 (968,928) (788,376) (759,704)
Other (Expense)                 75,665 (213,240)  
Interest income                 64,292 7,376  
Interest Income                     (81,360)
Total Other Income (Expense)                 (828,971) (994,240) (841,064)
Net Income                 208,646 (65,522) (7,256)
Hamilton on Main Apts | NERA 50%                      
Other Income (Loss)                      
Proportionate share of net income (loss)                 104,323 (32,762) (3,629)
Dexter Park                      
Revenues                      
Rental Income                 17,124,460 16,461,345 15,136,724
Laundry and Sundry Income                 192,558 137,498 135,607
Total Revenues                 17,317,018 16,598,843 15,272,331
Expenses                      
Administrative                 197,474 262,394 218,772
Depreciation and Amortization                 3,720,244 3,685,524 3,768,367
Management Fees                 359,051 338,355 316,813
Operating                 1,317,364 1,279,434 1,167,733
Renting                 123,415 107,250 91,041
Repairs and Maintenance                 1,985,001 1,902,110 1,694,941
Taxes and Insurance                 2,667,779 2,630,668 2,503,801
Total Expenses                 10,370,328 10,205,735 9,761,468
Income Before Other Income (Expense)                 6,946,690 6,393,108 5,510,863
Other Income (Loss)                      
Interest Expense                 (5,123,727) (5,026,076) (5,081,626)
Interest income                 109,603 11,861  
Total Other Income (Expense)                 (5,014,124) (5,014,215) (5,081,626)
Net Income                 1,932,566 1,378,893 429,237
Dexter Park | NERA 40%                      
Other Income (Loss)                      
Proportionate share of net income (loss)                 $ 773,025 $ 551,556 $ 171,695
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% 40.00%