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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Hamilton on Main) (Details)
1 Months Ended 3 Months Ended
Sep. 12, 2016
USD ($)
Aug. 31, 2024
USD ($)
Aug. 31, 2014
USD ($)
Aug. 31, 2004
USD ($)
item
Mar. 31, 2025
USD ($)
Mar. 31, 2024
USD ($)
Dec. 31, 2024
USD ($)
Apr. 18, 2024
Dec. 31, 2018
USD ($)
Mar. 02, 2005
USD ($)
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES                    
Investments in joint venture         $ 1,412,305   $ 1,417,470     $ 2,352,000
Outstanding amount of mortgage         405,484,379   $ 406,205,910      
Repayment of loan $ 5,158,000                  
Distribution to the Partnership         12,600,657 $ 7,038,955        
Hamilton on Main Apts                    
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES                    
Debt Instrument, Courtesy Reduction As A Percentage Of Transfer Fee               50.00%    
Hamilton on Main Apartments, LLC                    
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES                    
Investments in joint venture       $ 8,000,000            
Ownership interest (as a percent)       50.00%            
Purchase price of real estate properties       $ 56,000,000            
Number of units | item       280            
Number of units sold | item       137            
Outstanding amount of mortgage         $ 23,589,000          
Distribution to the Partnership   $ 2,000,000 $ 850,000              
Hamilton on Main Apartments, LLC | Mortgage, 5.18%, 2005                    
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES                    
Repayment of loan     $ 15,205,000              
Hamilton on Main Apartments, LLC | Mortgage, 4.34%, August 2014                    
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES                    
Term of debt     10 years              
Mortgage amount     $ 16,900,000              
Interest rate (as a percent)     4.34%              
Repayment of loan   $ 16,900,000                
Closing Costs     $ 161,000              
Hamilton on Main Apartments, LLC | Mortgage, 5.425%, August 2024                    
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES                    
Term of debt   10 years                
Mortgage amount   $ 23,589,000                
Interest rate (as a percent)   5.425%                
Closing Costs   $ 243,000                
Maximum | Hamilton on Main Apartments, LLC                    
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES                    
Carrying value                 $ 0