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RENTAL PROPERTIES (Details 3) (USD $)
 12 Months Ended 0 Months Ended 1 Months Ended 3 Months Ended 0 Months Ended 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
May 31, 2013
Jul. 15, 2013
Hamilton Green
item
May 31, 2013
Nashoba Apartments L.P. Residential Apartments Acton, Massachusetts
Jun. 30, 2013
Nashoba Apartments L.P. Residential Apartments Acton, Massachusetts
Dec. 31, 2013
Mortgages payable
Dec. 20, 2013
Mortgages payable
Hamilton Green
May 18, 2011
Avon Street Apartments
Residential apartment complex
item
Jul. 27, 2011
Battle Green Apartments
Mortgages payable
Jun. 02, 2011
Battle Green Apartments
Residential apartment complex
item
Jul. 27, 2011
Battle Green Apartments
Harold Brown
Mortgages payable
Jun. 02, 2011
Battle Green Apartments
Harold Brown
Mortgages payable
Dec. 31, 2011
Battle Green Apartments
Harold Brown
Mortgages payable
RENTAL PROPERTIES                              
Number of units         193         66   48      
Sales price of real estate properties           $ 4,300,000 $ 4,300,000     $ 8,750,000          
Gain on sale of property           3,679,000       7,700,000          
Net proceeds from sale of property 2,138,978   8,297,928             5,444,000          
Purchase price of real estate properties         62,500,000             10,000,000      
Amount of new loan                 38,500,000   5,000,000     3,998,573  
Interest rate (as a percent)                 4.67%   4.95%     6.00%  
Term of debt                 15 years         4 years  
Notice period demanding early payment                           6 months  
Amortization period of debt                 30 years   30 years        
Deferred financing cost associated with mortgage                     100,000        
Effective interest rate (as a percent) 5.52%             4.93%     5.07%        
Repayment of debt                 40,000,000       3,998,573    
Amount returned to partnership                         1,000,000    
Interest paid 8,062,000 7,776,000 8,011,000                       38,123
Amount of sale proceeds transferred to Investment Property       2,100,000                      
Purchase price allocated to the value of the in-place leases         1,656,000                    
Purchase price allocated to the value of the tenant relationships         96,000                    
Amortization period of value of the in-place leases         12 months                    
Amortization period of value of the tenant relationships         36 months                    
Short term finance for real estate properties         40,000,000                    
Proceeds from sale of discontinued operations         2,100,000                    
Closing costs associated with financing         38,000       346,000            
Period for which the entity is required to make interest only payments                 2 years            
Additional capital required for refinancing                 $ 1,846,000