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v3.3.1.900

RELATED PARTY TRANSACTIONS (Details) | 12 Months Ended | 36 Months Ended
--- | --- | ---
Dec. 31, 2015 USD ($) item | Dec. 31, 2014 USD ($) | Dec. 31, 2013 USD ($) | Dec. 31, 2015 USD ($)
RELATED PARTY TRANSACTIONS |  |  |  |
Management fee | $ 1,869,977 | $ 1,744,849 | $ 1,570,158 |
Repairs and maintenance | 6,998,592 | 6,608,290 | 5,815,264 |
Administrative expense | $ 2,096,290 | 2,206,483 | 2,116,527 |
Number of advisory committee meetings | item | 5 |  |  |
Expenses incurred for advisory committee meeting | $ 26,000 |  |  |
Number of audit committee meetings held | item | 4 |  |  |
Expenses incurred for audit committee meeting | $ 12,000 |  |  |
Majority of Partnership Properties, Excluding Linewt |  |  |  |
RELATED PARTY TRANSACTIONS |  |  |  |
Management fee as percentage of gross receipts rental revenue | 4.00% |  |  |
Hamilton Linewt LLC Commercial-1031 Exchange Newton, Massachusetts |  |  |  |
RELATED PARTY TRANSACTIONS |  |  |  |
Management fee as percentage of gross receipts rental revenue | 3.00% |  |  |
Investment Properties |  |  |  |
RELATED PARTY TRANSACTIONS |  |  |  |
Number of limited partnerships and limited liability companies in which the entity has invested | item | 9 |  |  |
Investment Properties | Minimum |  |  |  |
RELATED PARTY TRANSACTIONS |  |  |  |
Ownership interest (as a percent) | 40.00% |  |  | 40.00%
Investment Properties | Maximum |  |  |  |
RELATED PARTY TRANSACTIONS |  |  |  |
Ownership interest (as a percent) | 50.00% |  |  | 50.00%
Hamilton Company/Management Company |  |  |  |
RELATED PARTY TRANSACTIONS |  |  |  |
Employer contributions in 401K plan |  |  |  | $ 0
Number of accounting staff of related party providing bookkeeping and accounting functions | item | 14 |  |  |
Number of employees having ownership interest in the investment properties | item | 5 |  |  |
Hamilton Company/Management Company, Related Party |  |  |  |
RELATED PARTY TRANSACTIONS |  |  |  |
Management fee | $ 1,870,000 | 1,745,000 | 1,570,000 |
Total fees, excluding management fees | 994,000 | 925,000 | 1,431,000 |
Repairs and maintenance | 443,000 |  |  |
Administrative expense | 349,000 |  |  |
Construction, architectural services and supervision of capital projects | 202,000 |  |  |
Reimbursement to related party for payroll transfers | 2,958,000 | 3,230,000 | 2,926,000 |
Fees for accounting and bookkeeping services | 125,000 | 125,000 | 125,000 |
Investment Properties | Hamilton Company/Management Company |  |  |  |
RELATED PARTY TRANSACTIONS |  |  |  |
Amount received for services | 840,000 |  |  |
Amount received for management fees | 677,000 |  |  |
Amount received for construction, architectural services and supervision of capital projects | 23,000 |  |  |
Amount received for maintenance | 95,000 |  |  |
Amount received for administrative services | $ 45,000 |  |  |
Number of employees having ownership interest in the investment properties | item | 5 |  |  |
Investment Properties, Excluding Dexter Park | Hamilton Company/Management Company |  |  |  |
RELATED PARTY TRANSACTIONS |  |  |  |
Property management fee received (as a percent) | 4.00% |  |  |
Dexter Park | Hamilton Company/Management Company |  |  |  |
RELATED PARTY TRANSACTIONS |  |  |  |
Property management fee received (as a percent) | 2.00% |  |  |
President of Management Company |  |  |  |
RELATED PARTY TRANSACTIONS |  |  |  |
Quarterly fee for asset management consulting services | $ 18,750 | 18,750 | 18,750 |
Fee for asset management consulting services | $ 75,000 | $ 75,000 | $ 75,000 |
Harold Brown | Investment Properties | Minimum |  |  |  |
RELATED PARTY TRANSACTIONS |  |  |  |
Ownership interest of related party (as a percent) | 43.20% |  |  | 43.20%
Harold Brown | Investment Properties | Maximum |  |  |  |
RELATED PARTY TRANSACTIONS |  |  |  |
Ownership interest of related party (as a percent) | 57.00% |  |  | 57.00%
Residential and mixed-use properties | Partially owned properties | Investment Properties | Minimum |  |  |  |
RELATED PARTY TRANSACTIONS |  |  |  |
Ownership interest (as a percent) | 40.00% |  |  | 40.00%
Residential and mixed-use properties | Partially owned properties | Investment Properties | Maximum |  |  |  |
RELATED PARTY TRANSACTIONS |  |  |  |
Ownership interest (as a percent) | 50.00% |  |  | 50.00%

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