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SUBSEQUENT EVENTS (Details) (USD $)	6 Months Ended		82 Months Ended			6 Months Ended		82 Months Ended	6 Months Ended		82 Months Ended	1 Months Ended	0 Months Ended		0 Months Ended									1 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2014 Mortgage loan Minimum	Jun. 30, 2014 Mortgage loan Maximum	Jun. 30, 2014 Class B	Jun. 30, 2013 Class B	Jun. 30, 2014 Class B	Jun. 30, 2014 General Partnership units	Jun. 30, 2013 General Partnership units	Jun. 30, 2014 General Partnership units	Aug. 05, 2014 Subsequent events	Jul. 31, 2014 Subsequent events Revolving line of credit item	Aug. 05, 2014 Subsequent events Revolving line of credit	Jul. 31, 2014 Subsequent events Revolving line of credit Minimum	Jul. 31, 2014 Subsequent events Revolving line of credit Maximum	Jul. 31, 2014 Subsequent events Revolving line of credit Base rate	Jul. 31, 2014 Subsequent events Revolving line of credit Base rate Minimum	Jul. 31, 2014 Subsequent events Revolving line of credit Base rate Maximum	Jul. 31, 2014 Subsequent events Revolving line of credit Prime rate	Jul. 31, 2014 Subsequent events Revolving line of credit Federal Funds Rate	Jul. 31, 2014 Subsequent events Revolving line of credit London Interbank Offered Rate LIBOR	Jul. 11, 2014 Subsequent events Mortgage loan Westgate Apartments Burlington, LLC	Aug. 05, 2014 Subsequent events Class B	Aug. 05, 2014 Subsequent events General Partnership units
Subsequent events
Repurchase of depository receipts	15,931		1,258,822					2,229				5,049
Repurchase price of depository receipts	$ 46.26		$ 25.13									$ 48.81
Repurchase price of units	$ 1,387.80							$ 700.12			$ 700.12	$ 1,464.30
Repurchase of depository receipts	$ 757,246											$ 253,274
Repurchase of units	664	404				126			7		117													40.0	2.1
Total cost of repurchase	941,477	399,487	33,422,000			175,019	74,335		9,212	3,912														58,532	3,081
Amount of new loan																							2,500,000
Interest rate (as a percent)				3.76%	5.97%																		4.31%
Period of interest only payments on loans																							10 years
Amount of loan proceeds utilized for pay off the existing mortgage																							2,010,000
Net proceed from the loan - cash reserves																							435,000
Amount of refinancing costs																							90,000
Maximum borrowings													25,000,000
Term period													3 years
Reference rate used in calculation of Base Rate																				Prime	Federal Funds	one month LIBOR
Basis of effective interest rate used in calculation of Base Rate (as a percent)																					0.50%	1.00%
Variable interest rate																	Base
Applicable margin of variable interest rate (as a percent)																		2.50%	3.50%
Funds drawn by the company														$ 0
Number of properties in which borrowing amount collateralized													23
Pledged interests rate of the Partnership's ownership interest (as a percent)															49.00%	100.00%
Commitment fee for unused amount (as a percent)															0.15%	0.20%

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- Definition

Represents the percentage points added to the reference rate to compute the variable rate which is used in calculation of base rate on the debt instrument.

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Represents the reference rate for the variable rate used in calculation of base rate of the debt instrument.

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Represents the period for which loan calls for interest.

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Represents the amount of loan proceeds utilized for paying off the existing mortgage.

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Represents the average price at which depository receipts are repurchased under the equity repurchase program.

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Represents the cash back portion of the mortgage loan.

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Percentage points added to the reference rate to compute the variable rate on the debt instrument.

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The reference rate for the variable rate of the debt instrument, such as LIBOR or the US Treasury rate and the maturity of the reference rate used, such as three months or six months LIBOR.

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Amount of the fee that accompanies borrowing money under the debt instrument.

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Contractual interest rate for funds borrowed, under the debt agreement.

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Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.

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The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility.

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The number of real estate properties owned as of the balance sheet date.

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