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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Details 2) (USD $)
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2013
Hamilton Essex 81
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Dec. 31, 2012
Hamilton Essex 81
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Dec. 31, 2011
Hamilton Essex 81
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Dec. 31, 2013
Hamilton Essex 81
NERA 50%
Dec. 31, 2012
Hamilton Essex 81
NERA 50%
Dec. 31, 2011
Hamilton Essex 81
NERA 50%
Dec. 31, 2013
Hamilton Essex 81
Apartments
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Dec. 31, 2012
Hamilton Essex 81
Apartments
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Dec. 31, 2011
Hamilton Essex 81
Apartments
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Dec. 31, 2013
Hamilton Essex 81
Commercial
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Dec. 31, 2012
Hamilton Essex 81
Commercial
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Dec. 31, 2011
Hamilton Essex 81
Commercial
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Dec. 31, 2013
Hamilton Essex Development
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Dec. 31, 2012
Hamilton Essex Development
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Dec. 31, 2011
Hamilton Essex Development
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Dec. 31, 2013
Hamilton Essex Development
NERA 50%
Dec. 31, 2012
Hamilton Essex Development
NERA 50%
Dec. 31, 2011
Hamilton Essex Development
NERA 50%
Dec. 31, 2013
Hamilton Essex Development
Commercial
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Dec. 31, 2012
Hamilton Essex Development
Commercial
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Dec. 31, 2011
Hamilton Essex Development
Commercial
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Dec. 31, 2013
345 Franklin
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Dec. 31, 2012
345 Franklin
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Dec. 31, 2011
345 Franklin
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Nov. 30, 2001
345 Franklin
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Dec. 31, 2013
345 Franklin
NERA 50%
Dec. 31, 2012
345 Franklin
NERA 50%
Dec. 31, 2011
345 Franklin
NERA 50%
Dec. 31, 2013
345 Franklin
Apartments
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Dec. 31, 2012
345 Franklin
Apartments
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Dec. 31, 2011
345 Franklin
Apartments
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Dec. 31, 2013
Hamilton 1025
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Dec. 31, 2012
Hamilton 1025
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Dec. 31, 2011
Hamilton 1025
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Mar. 02, 2005
Hamilton 1025
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Dec. 31, 2013
Hamilton 1025
NERA 50%
Dec. 31, 2012
Hamilton 1025
NERA 50%
Dec. 31, 2011
Hamilton 1025
NERA 50%
Dec. 31, 2013
Hamilton 1025
Apartments
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Dec. 31, 2012
Hamilton 1025
Apartments
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Dec. 31, 2011
Hamilton 1025
Apartments
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Dec. 31, 2013
Hamilton 1025
Commercial
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Dec. 31, 2012
Hamilton 1025
Commercial
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Dec. 31, 2011
Hamilton 1025
Commercial
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Dec. 31, 2013
Hamilton Bay Sales
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Dec. 31, 2012
Hamilton Bay Sales
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Dec. 31, 2011
Hamilton Bay Sales
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Dec. 31, 2013
Hamilton Bay Sales
NERA 50%
Dec. 31, 2012
Hamilton Bay Sales
NERA 50%
Dec. 31, 2011
Hamilton Bay Sales
NERA 50%
Dec. 31, 2013
Hamilton Bay Sales
Apartments
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Dec. 31, 2012
Hamilton Bay Sales
Apartments
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Dec. 31, 2011
Hamilton Bay Sales
Apartments
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Dec. 31, 2013
Hamilton Bay Apartments
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Dec. 31, 2012
Hamilton Bay Apartments
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Dec. 31, 2011
Hamilton Bay Apartments
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Apr. 30, 2008
Hamilton Bay Apartments
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Oct. 03, 2005
Hamilton Bay Apartments
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Dec. 31, 2013
Hamilton Bay Apartments
NERA 50%
Dec. 31, 2012
Hamilton Bay Apartments
NERA 50%
Dec. 31, 2011
Hamilton Bay Apartments
NERA 50%
Dec. 31, 2013
Hamilton Bay Apartments
Apartments
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Dec. 31, 2012
Hamilton Bay Apartments
Apartments
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Dec. 31, 2011
Hamilton Bay Apartments
Apartments
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Dec. 31, 2013
Hamilton Minuteman
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Dec. 31, 2012
Hamilton Minuteman
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Dec. 31, 2011
Hamilton Minuteman
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Sep. 30, 2004
Hamilton Minuteman
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Dec. 31, 2013
Hamilton Minuteman
NERA 50%
Dec. 31, 2012
Hamilton Minuteman
NERA 50%
Dec. 31, 2011
Hamilton Minuteman
NERA 50%
Dec. 31, 2013
Hamilton Minuteman
Apartments
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Dec. 31, 2012
Hamilton Minuteman
Apartments
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Dec. 31, 2011
Hamilton Minuteman
Apartments
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Dec. 31, 2013
Hamilton on Main
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Dec. 31, 2012
Hamilton on Main
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Dec. 31, 2011
Hamilton on Main
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May 31, 2008
Hamilton on Main
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Aug. 31, 2004
Hamilton on Main
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Dec. 31, 2013
Hamilton on Main
NERA 50%
Dec. 31, 2012
Hamilton on Main
NERA 50%
Dec. 31, 2011
Hamilton on Main
NERA 50%
Dec. 31, 2013
Hamilton on Main
Apartments
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Dec. 31, 2012
Hamilton on Main
Apartments
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Dec. 31, 2011
Hamilton on Main
Apartments
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Dec. 31, 2013
Dexter Park
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Dec. 31, 2012
Dexter Park
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Dec. 31, 2011
Dexter Park
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Oct. 28, 2009
Dexter Park
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Dec. 31, 2013
Dexter Park
NERA 40%
Dec. 31, 2012
Dexter Park
NERA 40%
Dec. 31, 2011
Dexter Park
NERA 40%
Dec. 31, 2013
Dexter Park
Apartments
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Dec. 31, 2012
Dexter Park
Apartments
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Dec. 31, 2011
Dexter Park
Apartments
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Dec. 31, 2013
Total
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Dec. 31, 2012
Total
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Dec. 31, 2011
Total
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Dec. 31, 2013
Total
Apartments
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Dec. 31, 2012
Total
Apartments
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Dec. 31, 2011
Total
Apartments
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Dec. 31, 2013
Total
Commercial
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Dec. 31, 2012
Total
Commercial
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Dec. 31, 2011
Total
Commercial
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ASSETS                                                                                                                                                                                                                        
Rental Properties $ 152,904,661 $ 94,973,600     $ 8,764,215 $ 9,103,858 $ 9,454,959                   $ 2,624,325 $ 2,610,574 $ 2,613,064             $ 7,494,954 $ 7,885,745 $ 8,229,651               $ 5,389,763 $ 5,621,970 $ 5,863,176                     $ 1,766,132 $ 1,844,219 $ 1,916,445             $ 6,680,834 $ 6,975,854 $ 7,257,981                 $ 6,778,029 $ 7,020,471 $ 7,256,528               $ 20,253,587 $ 21,148,813 $ 21,939,796                 $ 102,120,964 $ 107,496,918 $ 112,921,940               $ 161,872,803 $ 169,708,422 $ 177,453,541            
Cash & Cash Equivalents 14,013,380 6,981,906 4,050,157 3,245,361 30,360 27,848 47,526                   35,644 20,214 1,529             78,691 3,533 17,027               9,085 2,706 1,848                     36,423 20,695 19,416             17,861 62,473 5,026                 33,921 44,170 31,125               189,004 103,990 90,940                 961,622 941,391 836,347               1,392,611 1,227,018 1,050,783            
Rent Receivable 496,149 475,083     31,426 44,005 73,459                                     1,512 600                 7,970 7,283 15,682                     1,251 2,200               2,766 2,686 2,512                   2,626 7,457               5,697 11,108 8,593                 91,701 35,250 86,722               142,324 105,758 194,425            
Real Estate Tax Escrow 375,560 449,652     101,395 49,793 98,610                                     16,970 20,242 18,360               80,767 74,443 64,464                                       45,679 41,225 89,760                 41,268 43,612 43,864               72,308 70,364 104,505                 427,084 424,159 582,028               785,470 723,838 1,001,592            
Prepaid Expenses & Other Assets 3,895,189 3,073,890     77,141 61,895 59,508                   555 505 493             36,979 75,222 54,276               44,737 33,659 88,524                     101,507 127,530 167,811             31,435 14,345 95,190                 50,721 48,715 54,023               322,667 154,396 180,899                 1,529,591 1,367,274 1,216,214               2,195,335 1,883,541 1,916,937            
Financing & Leasing Fees 1,635,076 1,135,936     46,630 64,116 71,108                   14,097 4,325 6,987             96,548 8,164 16,330               14,619 19,645 24,672                       5,505 6,570             19,881 26,243 32,605                 11,981 15,950 19,918               7,716 14,581 21,442                 340,362 399,678 458,995               551,834 558,206 658,626            
Total Assets 185,345,157 121,538,490     9,051,167 9,351,515 9,805,169                   2,674,621 2,635,617 2,622,073             7,725,654 7,993,505 8,335,644               5,546,941 5,759,706 6,058,364                     1,905,314 2,000,148 2,110,241             6,798,456 7,122,825 7,483,074                 6,915,919 7,175,545 7,412,916               20,850,980 21,503,252 22,346,175                 105,471,324 110,664,670 116,102,247               166,940,376 174,206,783 182,275,903            
LIABILITIES AND PARTNERS' CAPITAL                                                                                                                                                                                                                        
Mortgage Notes Payable 198,520,478 138,055,522     8,234,548 8,352,317 8,462,041                   2,041,146 2,093,184 2,144,796             10,000,000 6,850,179 7,019,119               4,869,583 4,934,741 4,995,487                       1,668,000 1,668,000             4,639,848 4,702,087 4,750,000                 5,362,109 5,433,472 5,500,000               15,317,643 15,611,045 15,887,203                 87,410,638 88,611,686 89,733,192               137,875,517 138,256,711 140,159,839            
Accounts Payable and Accrued Expenses 3,178,495 2,361,942     44,299 34,673 32,238                   6,084 6,319 6,309             60,638 93,810 15,323               50,279 49,566 48,236                     16,993 7,481 12,682             7,570 49,690 28,690                 73,289 58,378 58,596               290,008 204,413 212,224                 944,140 843,422 820,603               1,493,299 1,347,752 1,234,900            
Advance Rental Payments and Security Deposits 4,242,401 3,636,704     167,143 175,871 152,940                                     169,709 140,759 114,179               92,057 80,264 69,970                     24,687 25,147 20,027             85,413 86,028 85,575                 74,615 71,025 69,592               291,825 273,302 257,780                 2,121,509 1,919,573 1,800,113               3,026,957 2,771,968 2,570,176            
Total Liabilities 207,193,720 144,054,168     8,445,990 8,562,861 8,647,219                   2,047,230 2,099,503 2,151,105             10,230,346 7,084,748 7,148,621               5,011,919 5,064,570 5,113,694                     41,680 1,700,628 1,700,709             4,732,831 4,837,806 4,864,265                 5,510,013 5,562,875 5,628,188               15,899,477 16,088,760 16,357,207                 90,476,287 91,374,681 92,353,908               142,395,772 142,376,432 143,964,915            
Partners' Capital (21,848,563) (22,515,678) (21,310,851) (26,920,566) 605,177 788,654 1,157,950                   627,391 536,114 470,968             (2,504,692) 908,757 1,187,023               535,022 695,135 944,670                     1,863,634 299,520 409,532             2,065,625 2,285,019 2,618,809                 1,405,906 1,612,669 1,784,728               4,951,504 5,414,492 5,988,968                 14,995,037 19,289,989 23,748,339               24,544,604 31,830,352 38,310,988            
Total Liabilities and Partners' Capital 185,345,157 121,538,490     9,051,167 9,351,515 9,805,169                   2,674,621 2,635,617 2,622,073             7,725,654 7,993,505 8,335,644               5,546,941 5,759,706 6,058,364                     1,905,314 2,000,148 2,110,241             6,798,456 7,122,825 7,483,074                 6,915,919 7,175,545 7,412,916               20,850,980 21,503,252 22,346,175                 105,471,324 110,664,670 116,102,247               166,940,376 174,206,783 182,275,903            
Percentage of ownership interest               50.00% 50.00% 50.00%                   50.00% 50.00% 50.00%             50.00% 50.00% 50.00% 50.00%             50.00% 50.00% 50.00% 50.00%                   50.00% 50.00% 50.00%               50.00% 50.00% 50.00% 50.00%             50.00% 50.00% 50.00% 50.00%               50.00% 50.00% 50.00% 50.00%             40.00% 40.00% 40.00% 40.00%                        
Investment in Unconsolidated Joint Ventures 12,025,142 13,986,173           302,589 394,327 578,975                   313,695 268,057 235,484             1,533,000   454,379 593,512             2,352,000 267,511 347,568 472,335                   931,817 149,760 204,766               2,500,000 1,032,812 1,142,510 1,309,404             5,075,000 702,953 806,335 892,364               8,000,000 2,475,752 2,707,246 2,994,484             15,925,000 5,998,015 7,715,996 9,499,335       12,025,144 13,986,177 16,780,660            
Distribution and Loss in Excess of Investment in Unconsolidated Joint Venture (1,252,346)                                                         (1,252,346)                                                                                                                                           (1,252,346)                
Total Investment in Unconsolidated Joint Ventures (Net) $ 10,772,798 $ 13,986,177 $ 16,780,660                                                                                                                                                                                                                  
Total units/ condominiums                                                                                                                                                                                                                        
Total         49 49 49       48 48 48 1 1 1 1 1 1       1 1 1 40 40 40 40       40 40 40 176 176 176 176       175 175 175 1 1 1 120 120 120       120 120 120 48 48 48 20 168       48 48 48 42 42 42 42       42 42 42 148 148 148   280       148 148 148 409 409 409 409       409 409 409 1,033 1,033 1,033 1,030 1,030 1,030 3 3 3
Units to be retained         49 49 49                   1 1 1             40 40 40               49 49 49 49                                     48 48 48   48             42 42 42               148 148 148                 409 409 409               786 786 786            
Units to be sold                                                                       127 127 127                     120 120 120                                                                                                 247 247 247            
Units sold                                                                       127 127 127 127                   105 105 105                                                             137                                   232 232 232            
Unsold units                                                                                                 15 15 15                                                                                                 15 15 15