XML 51 R41.htm IDEA: XBRL DOCUMENT v3.25.1
RELATED PARTY TRANSACTIONS (Details)
3 Months Ended
Mar. 31, 2025
USD ($)
item
Mar. 31, 2024
USD ($)
RELATED PARTY TRANSACTIONS    
Management fee $ 818,409 $ 788,607
Repairs and maintenance 2,858,269 2,847,957
Administrative expense 621,266 762,019
Renting 278,329 $ 387,599
Employer contributions in 401K plan $ 16,000  
Number of limited partnerships and limited liability companies in which the entity has invested | item 7  
Brown Family | Minimum    
RELATED PARTY TRANSACTIONS    
Ownership interest (as a percent) 47.60%  
Brown Family | Maximum    
RELATED PARTY TRANSACTIONS    
Ownership interest (as a percent) 59.00%  
Brown Family | Related party | Minimum    
RELATED PARTY TRANSACTIONS    
Ownership interest (as a percent) 47.60%  
Brown Family | Related party | Maximum    
RELATED PARTY TRANSACTIONS    
Ownership interest (as a percent) 59.00%  
NERA 40%    
RELATED PARTY TRANSACTIONS    
Ownership interest (as a percent) 40.00% 40.00%
NERA 50%    
RELATED PARTY TRANSACTIONS    
Ownership interest (as a percent) 50.00% 50.00%
Majority of Partnership Properties | Related party    
RELATED PARTY TRANSACTIONS    
Management fee as percentage of gross receipts rental revenue 4.00%  
Management fee (as a percent) 4.00%  
Linewt | Related party    
RELATED PARTY TRANSACTIONS    
Management fee as percentage of gross receipts rental revenue 3.00%  
General Partner or Management Company | Related party    
RELATED PARTY TRANSACTIONS    
Costs related to professional services $ 195,000 $ 206,000
Repairs and maintenance 36,000  
Administrative expense 63,000  
Expenses for construction, architectural services and supervision of capital projects 96,000  
Hamilton Company/Management Company | Related party    
RELATED PARTY TRANSACTIONS    
Management fee 818,000 789,000
Costs related to professional services 31,250 125,000
Amount received for management fees 215,000  
Payroll and related expenses 1,074,000 1,100,000
Employer contributions in 401K plan $ 16,000 16,000
Number of accounting staff providing bookkeeping and accounting functions | item 14  
Hamilton Company/Management Company | Management fee | Related party    
RELATED PARTY TRANSACTIONS    
Amount received for management fees $ 193,000  
Hamilton Company/Management Company | Construction, architectural services and supervision of capital projects | Related party    
RELATED PARTY TRANSACTIONS    
Amount received for management fees 5,000  
Hamilton Company/Management Company | Repairs and maintenance | Related party    
RELATED PARTY TRANSACTIONS    
Amount received for management fees 16,000  
Hamilton Company/Management Company | Legal expense | Related party    
RELATED PARTY TRANSACTIONS    
Amount received for management fees $ 1,000  
Dexter Park | Related party    
RELATED PARTY TRANSACTIONS    
Management fee (as a percent) 2.00%  
Sally Michael | Related party    
RELATED PARTY TRANSACTIONS    
Legal fees $ 9,000 $ 46,000
David Reier | Related party    
RELATED PARTY TRANSACTIONS    
Legal fees $ 2,000  
Current and previous management company employees | Related party    
RELATED PARTY TRANSACTIONS    
Number of employees having ownership interest in the investment properties | item 5