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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Income) (Details) - USD ($)
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues    
Rental Income $ 20,496,120 $ 19,710,432
Laundry and Sundry Income 192,774 182,967
Total Revenues 20,688,894 19,893,399
Expenses    
Administrative 621,266 762,019
Depreciation and Amortization 3,904,983 4,227,582
Management Fees 818,409 788,607
Operating 3,278,374 2,645,493
Renting 278,329 387,599
Repairs and Maintenance 2,858,269 2,847,957
Taxes and Insurance 2,695,817 2,482,368
Total Expenses 14,455,447 14,141,625
Income Before Other Income (Expense) 6,233,447 5,751,774
Other Income (Loss)    
Interest income 991,075 1,177,547
Total Other Income (Expense) (2,437,728) (2,288,178)
Net Income 3,795,719 3,463,596
Investment Properties    
Revenues    
Rental Income 7,014,306 6,707,282
Laundry and Sundry Income 57,570 60,876
Total Revenues 7,071,876 6,768,158
Expenses    
Administrative 162,632 85,135
Depreciation and Amortization 1,482,617 1,463,721
Management Fees 193,500 187,686
Operating 821,825 726,971
Renting 93,197 70,859
Repairs and Maintenance 587,839 591,309
Taxes and Insurance 1,020,210 923,744
Total Expenses 4,361,820 4,049,425
Income Before Other Income (Expense) 2,710,056 2,718,733
Other Income (Loss)    
Interest Expense (1,906,864) (1,831,139)
Interest income 51,491 49,766
Other Income   63,745
Total Other Income (Expense) (1,855,373) (1,717,628)
Net Income 854,683 1,001,105
Proportionate share of net income (loss) 362,629 441,291
Investment Properties | NERA 50%    
Other Income (Loss)    
Proportionate share of net income (loss) 103,780 204,246
Investment Properties | NERA 40%    
Other Income (Loss)    
Proportionate share of net income (loss) 258,849 237,045
Hamilton Essex 81    
Revenues    
Rental Income 504,541 468,478
Laundry and Sundry Income 2,357 2,776
Total Revenues 506,898 471,254
Expenses    
Administrative 8,956 5,218
Depreciation and Amortization 115,908 115,844
Management Fees 20,288 20,426
Operating 98,262 83,040
Renting 219 1,239
Repairs and Maintenance 41,933 38,457
Taxes and Insurance 74,192 69,343
Total Expenses 359,758 333,567
Income Before Other Income (Expense) 147,140 137,687
Other Income (Loss)    
Interest Expense (171,310) (197,199)
Interest income 9,852 10,421
Total Other Income (Expense) (161,458) (186,778)
Net Income (14,318) (49,091)
Hamilton Essex 81 | NERA 50%    
Other Income (Loss)    
Proportionate share of net income (loss) (7,159) (24,546)
Hamilton Essex Development    
Revenues    
Rental Income 60,471 60,471
Total Revenues 60,471 60,471
Expenses    
Administrative 1,005 2,000
Depreciation and Amortization 2,927 2,927
Management Fees 2,529 2,479
Taxes and Insurance 17,350 17,592
Total Expenses 23,811 24,998
Income Before Other Income (Expense) 36,660 35,473
Other Income (Loss)    
Interest income 341 772
Total Other Income (Expense) 341 772
Net Income 37,001 36,245
Hamilton Essex Development | NERA 50%    
Other Income (Loss)    
Proportionate share of net income (loss) 18,501 18,123
345 Franklin    
Revenues    
Rental Income 503,118 443,756
Laundry and Sundry Income   6
Total Revenues 503,118 443,762
Expenses    
Administrative 13,966 8,920
Depreciation and Amortization 87,029 86,398
Management Fees 19,063 17,417
Operating 38,828 25,865
Renting 30,740 4,095
Repairs and Maintenance 34,832 23,046
Taxes and Insurance 48,006 49,285
Total Expenses 272,464 215,026
Income Before Other Income (Expense) 230,654 228,736
Other Income (Loss)    
Interest Expense (82,486) (84,867)
Interest income 2,029 2,361
Total Other Income (Expense) (80,457) (82,506)
Net Income 150,197 146,230
345 Franklin | NERA 50%    
Other Income (Loss)    
Proportionate share of net income (loss) 75,099 73,115
Hamilton 1025    
Revenues    
Rental Income 24,918 26,889
Total Revenues 24,918 26,889
Expenses    
Administrative 826 700
Depreciation and Amortization 816 816
Management Fees 1,030 1,062
Operating 1 (212)
Renting 21 18
Taxes and Insurance 4,712 4,676
Total Expenses 7,406 7,060
Income Before Other Income (Expense) 17,512 19,829
Other Income (Loss)    
Interest income 155 205
Total Other Income (Expense) 155 205
Net Income 17,667 20,034
Hamilton 1025 | NERA 50%    
Other Income (Loss)    
Proportionate share of net income (loss) 8,834 10,017
Hamilton Minuteman Apts    
Revenues    
Rental Income 367,614 351,447
Total Revenues 367,614 351,447
Expenses    
Administrative 11,355 6,934
Depreciation and Amortization 84,817 82,733
Management Fees 14,280 14,230
Operating 57,365 45,574
Renting 5,466 5,529
Repairs and Maintenance 22,777 29,285
Taxes and Insurance 39,967 39,168
Total Expenses 236,027 223,453
Income Before Other Income (Expense) 131,587 127,994
Other Income (Loss)    
Interest Expense (58,295) (59,151)
Interest income 2,185 2,483
Total Other Income (Expense) (56,110) (56,668)
Net Income 75,477 71,326
Hamilton Minuteman Apts | NERA 50%    
Other Income (Loss)    
Proportionate share of net income (loss) 37,739 35,663
Hamilton on Main Apts    
Revenues    
Rental Income 1,105,579 1,008,232
Laundry and Sundry Income 15,065 12,664
Total Revenues 1,120,644 1,020,896
Expenses    
Administrative 40,193 9,324
Depreciation and Amortization 285,902 261,252
Management Fees 42,965 40,191
Operating 188,013 134,402
Renting 32,204 27,586
Repairs and Maintenance 146,679 146,331
Taxes and Insurance 119,580 101,542
Total Expenses 855,536 720,628
Income Before Other Income (Expense) 265,108 300,268
Other Income (Loss)    
Interest Expense (328,700) (193,115)
Interest income 5,128 12,850
Other Income   63,745
Total Other Income (Expense) (323,572) (116,520)
Net Income (58,464) 183,748
Hamilton on Main Apts | NERA 50%    
Other Income (Loss)    
Proportionate share of net income (loss) (29,232) 91,874
Dexter Park    
Revenues    
Rental Income 4,448,065 4,348,009
Laundry and Sundry Income 40,148 45,430
Total Revenues 4,488,213 4,393,439
Expenses    
Administrative 86,331 52,039
Depreciation and Amortization 905,218 913,751
Management Fees 93,345 91,881
Operating 439,356 438,302
Renting 24,547 32,392
Repairs and Maintenance 341,618 354,190
Taxes and Insurance 716,403 642,138
Total Expenses 2,606,818 2,524,693
Income Before Other Income (Expense) 1,881,395 1,868,746
Other Income (Loss)    
Interest Expense (1,266,073) (1,296,807)
Interest income 31,801 20,674
Total Other Income (Expense) (1,234,272) (1,276,133)
Net Income 647,123 592,613
Dexter Park | NERA 40%    
Other Income (Loss)    
Proportionate share of net income (loss) $ 258,849 $ 237,045
NERA 50%    
Other Income (Loss)    
Ownership interest (as a percent) 50.00% 50.00%
NERA 40%    
Other Income (Loss)    
Ownership interest (as a percent) 40.00% 40.00%