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DISCONTINUED OPERATIONS (Details) (USD $) | 3 Months Ended | 6 Months Ended | 0 Months Ended | 3 Months Ended
--- | --- | --- | --- | ---
Jun. 30, 2013 | Jun. 30, 2012 | Jun. 30, 2013 | Jun. 30, 2012 | May 29, 2013 Nashoba Apartments L.P. Residential Apartments Acton, Massachusetts | Jun. 30, 2013 Nashoba Apartments L.P. Residential Apartments Acton, Massachusetts
DISCONTINUED OPERATIONS |  |  |  |  |  |
Total Revenues |  |  | $ 193,274 | $ 227,960 |  |
Operating and other expenses |  |  | 171,290 | 160,746 |  |
Depreciation and amortization |  |  | 2,111 | 22,714 |  |
Total Expenses |  |  | 173,401 | 183,460 |  |
Income from discontinued operations | 143 | 22,781 | 19,873 | 44,500 |  |
DISCONTINUED OPERATIONS |  |  |  |  |  |
Sales price |  |  |  |  | 4,300,000 | 4,300,000
Net book value |  |  |  |  |  | 476,766
Expense of sale |  |  |  |  |  | 144,455
Gain on the sale of real estate | $ 3,678,779 |  | $ 3,678,779 |  |  | $ 3,678,779

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