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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Details 4) (USD $)
Jun. 30, 2012
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES  
June 30, 2013 $ 19,936,000
June 30, 2014 29,506,000
June 30, 2015 9,152,000
June 30, 2016 189,000
June 30, 2017 199,000
Thereafter 79,629,000
Total 138,611,000
Hamilton Essex 81
  
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES  
June 30, 2013 132,241
June 30, 2014 129,342
June 30, 2015 137,033
June 30, 2016 8,008,015
Total 8,406,631
Hamilton Essex Development
  
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES  
June 30, 2013 2,118,990
Total 2,118,990
345 Franklin
  
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES  
June 30, 2013 174,853
June 30, 2014 6,761,248
Total 6,936,102
Hamilton 1025
  
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES  
June 30, 2013 63,301
June 30, 2014 67,037
June 30, 2015 70,994
June 30, 2016 74,427
June 30, 2017 4,689,009
Total 4,964,766
Hamilton Bay Sales
  
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES  
June 30, 2013 1,668,000
Total 1,668,000
Hamilton Bay Apts
  
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES  
June 30, 2013 65,832
June 30, 2014 68,027
June 30, 2015 71,915
June 30, 2016 76,024
June 30, 2017 4,449,016
Total 4,730,815
Hamilton Minuteman
  
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES  
June 30, 2013 69,329
June 30, 2014 73,421
June 30, 2015 77,755
June 30, 2016 81,510
June 30, 2017 5,164,336
Total 5,466,352
Hamilton on Main Apts
  
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES  
June 30, 2013 285,577
June 30, 2014 301,117
June 30, 2015 15,161,974
Total 15,748,668
Hamilton Park Towers, LLC
  
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES  
June 30, 2013 1,283,176
June 30, 2014 1,311,782
June 30, 2015 1,386,742
June 30, 2016 1,465,987
June 30, 2017 1,549,759
Thereafter 82,169,101
Total 89,166,547
Total
  
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES  
June 30, 2013 5,861,300
June 30, 2014 8,711,975
June 30, 2015 16,906,414
June 30, 2016 9,705,962
June 30, 2017 15,852,121
Thereafter 82,169,101
Total $ 139,206,873