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DISCONTINUED OPERATIONS AND SALES OF REAL ESTATE (Details) - USD ($) | 1 Months Ended | 3 Months Ended | 12 Months Ended
--- | --- | --- | ---
May. 31, 2013 | Jun. 30, 2013 | Dec. 31, 2013
DISCONTINUED OPERATIONS AND SALES OF REAL ESTATE |  |  |
Depreciation and amortization |  |  | $ 2,111
Income from discontinued operations |  |  | 19,047
Gain on the sale of real estate property |  |  |
Gain on the sale of real estate |  |  | 3,678,839
Discontinued Operations, Disposed of by Sale |  |  |
DISCONTINUED OPERATIONS AND SALES OF REAL ESTATE |  |  |
Total Revenues |  |  | 193,480
Operating and other expenses |  |  | 172,322
Depreciation and amortization |  |  | 2,111
Total Expenses |  |  | 174,433
Income from discontinued operations |  |  | $ 19,047
Nashoba Apartments in Acton, Massachusetts |  |  |
Gain on the sale of real estate property |  |  |
Sale price | $ 4,300,000 |  |
Nashoba Apartments in Acton, Massachusetts | Discontinued Operations, Disposed of by Sale |  |  |
Gain on the sale of real estate property |  |  |
Sale price |  | $ 4,300,000 |
Net book value |  | (476,766) |
Expense of sale |  | (144,395) |
Gain on the sale of real estate |  | $ 3,678,839 |

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- Definition Represents the amount of operating and other expenses attributable to the disposal group, including a component of the entity (discontinued operation), during the reporting period. + References No definition available. + Details
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- Definition Represents the amount of expense related to sale of real estate. + References No definition available. + Details
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- Definition Reflects for the period the total of the carrying amount of the commercial, industrial and residential land and buildings sold plus certain overhead and other costs incurred to place the real estate in saleable condition, capitalized interest costs in the properties sold, and inventory impairment losses recognized. This element would most likely be used by an entity whose principal activities involve real estate or which has significant real estate operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.2) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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- Definition Amount of deprecation and amortization expense attributable to property, plant and equipment and intangible assets of discontinued operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721673-107760 + Details
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- Definition Amount after tax of gain (loss) not previously recognized resulting from the disposal of a discontinued operation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1361-107760 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3B -URI http://asc.fasb.org/extlink&oid=51716988&loc=SL51721525-107759 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721675-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51716988&loc=d3e957-107759 + Details
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- Definition Amount after tax of income (loss) from operations classified as a discontinued operation. Excludes gain (loss) on disposal and provision for gain (loss) until disposal. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721675-107760 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=51716988&loc=SL51721523-107759 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=51716988&loc=d3e957-107759 + Details
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