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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Hamilton Essex) (Details)
3 Months Ended
Sep. 12, 2016
USD ($)
Sep. 30, 2015
USD ($)
Mar. 07, 2005
USD ($)
item
Mar. 31, 2025
USD ($)
property
Mar. 31, 2024
USD ($)
Dec. 31, 2024
USD ($)
Mar. 02, 2005
USD ($)
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES              
Investments in joint venture       $ 1,412,305   $ 1,417,470 $ 2,352,000
Repayment of loan $ 5,158,000            
Distribution to the Partnership       12,600,657 $ 7,038,955    
Mortgage Notes Payable       $ 405,484,379   $ 406,205,910  
Hamilton Essex 81              
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES              
Number of units     48 49 49    
Number of properties in which borrowing amount collateralized | item     1        
Purchase price of real estate properties     $ 14,300,000        
Capacity of real estate property (in cars per lot) | item     50        
Basis of interest rate   one month          
Investment, Variable Interest Rate, Type [Extensible Enumeration]   nen:LiborMember          
Distribution to the Partnership   $ 978,193          
Mortgage Notes Payable       $ 9,992,244 $ 9,979,316    
Hamilton Essex 81 | Maximum              
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES              
Carrying value   $ 0          
Hamilton Essex Development              
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES              
Number of units       1 1    
Hamilton Essex 81              
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES              
Investments in joint venture     $ 2,000,000        
Ownership interest (as a percent)     50.00%        
Mortgages payable | Hamilton Essex 81              
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES              
Margin over basis of interest rate (as a percent)   2.18%          
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]   nen:LiborMember          
Mortgage amount   $ 10,000,000          
Term of debt   10 years          
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]   nen:LiborMember          
Mortgage Notes Payable       $ 10,000,000      
Borrowings     $ 10,750,000        
Mortgages payable | Hamilton Essex Development, LLC and Hamilton Essex 81, LLC              
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES              
Repayment of loan   $ 8,040,719