XML 21 R57.htm IDEA: XBRL DOCUMENT v2.4.1.9
DISCONTINUED OPERATIONS AND SALES OF REAL ESTATE (Details) (USD $)
12 Months Ended 1 Months Ended 3 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
May 31, 2013
Jun. 30, 2013
DISCONTINUED OPERATIONS AND SALES OF REAL ESTATE          
Total Revenues $ 0us-gaap_DisposalGroupIncludingDiscontinuedOperationRevenue $ 193,480us-gaap_DisposalGroupIncludingDiscontinuedOperationRevenue $ 462,031us-gaap_DisposalGroupIncludingDiscontinuedOperationRevenue    
Operating and other expenses 0nen_DisposalGroupIncludingDiscontinuedOperationOtherCostOfOperatingRevenueAndOtherExpenses 172,322nen_DisposalGroupIncludingDiscontinuedOperationOtherCostOfOperatingRevenueAndOtherExpenses 348,714nen_DisposalGroupIncludingDiscontinuedOperationOtherCostOfOperatingRevenueAndOtherExpenses    
Depreciation and amortization 0us-gaap_DepreciationAndAmortizationDiscontinuedOperations 2,111us-gaap_DepreciationAndAmortizationDiscontinuedOperations 79,969us-gaap_DepreciationAndAmortizationDiscontinuedOperations    
Total Expenses 0us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingExpense 174,433us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingExpense 428,683us-gaap_DisposalGroupIncludingDiscontinuedOperationOperatingExpense    
Income from discontinued operations 0us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax 19,047us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax 33,348us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax    
Gain on the sale of real estate property          
Gain on the sale of real estate   3,678,839us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax      
Nashoba Apartments in Acton, Massachusetts          
Gain on the sale of real estate property          
Sale price       4,300,000nen_RealEstatePropertySalesPrice
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= nen_NashobaApartmentsLPResidentialApartmentsActonMassachusettsMember
4,300,000nen_RealEstatePropertySalesPrice
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= nen_NashobaApartmentsLPResidentialApartmentsActonMassachusettsMember
Net book value         (476,766)us-gaap_CostOfRealEstateSales
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= nen_NashobaApartmentsLPResidentialApartmentsActonMassachusettsMember
Expense of sale         (144,395)nen_RealEstateCostRelatedToSaleOfRealEstate
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= nen_NashobaApartmentsLPResidentialApartmentsActonMassachusettsMember
Gain on the sale of real estate         $ 3,678,839us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
/ us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis
= nen_NashobaApartmentsLPResidentialApartmentsActonMassachusettsMember