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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Balance Sheet) (Details) | Jun. 30, 2017 USD ($) property item | Dec. 31, 2016 USD ($) item | Jun. 30, 2016 USD ($) property | Oct. 28, 2009 USD ($) item | Oct. 03, 2005 USD ($) item | Mar. 07, 2005 item | Mar. 02, 2005 USD ($) item | Sep. 30, 2004 USD ($) item | Aug. 31, 2004 USD ($) item | Nov. 30, 2001 USD ($) item
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LIABILITIES AND PARTNERS' CAPITAL |  |  |  |  |  |  |  |  |  |
Investment in Unconsolidated Joint Ventures | $ 9,029,232 | $ 8,336,505 |  |  |  |  |  |  |  |
Distribution and Loss in Excess of investments in Unconsolidated Joint Venture | (2,754,771) | $ (2,577,606) |  |  |  |  |  |  |  |
Investment Properties |  |  |  |  |  |  |  |  |  |
ASSETS |  |  |  |  |  |  |  |  |  |
Rental Properties | 138,765,415 |  | $ 145,999,494 |  |  |  |  |  |  |
Cash & Cash Equivalents | 1,523,954 |  | 1,640,161 |  |  |  |  |  |  |
Rent Receivable | 226,448 |  | 183,110 |  |  |  |  |  |  |
Real Estate Tax Escrow | 661,767 |  | 539,506 |  |  |  |  |  |  |
Prepaid Expenses & Other Assets | 3,207,143 |  | 2,690,531 |  |  |  |  |  |  |
Total Assets | 144,384,727 |  | 151,052,802 |  |  |  |  |  |  |
LIABILITIES AND PARTNERS' CAPITAL |  |  |  |  |  |  |  |  |  |
Mortgage Notes Payable | 124,938,378 |  | 134,906,750 |  |  |  |  |  |  |
Accounts Payable and Accrued Expenses | 1,006,173 |  | 986,745 |  |  |  |  |  |  |
Advance Rental Payments and Security Deposits | 4,479,127 |  | 4,142,392 |  |  |  |  |  |  |
Total Liabilities | 130,423,678 |  | 140,035,887 |  |  |  |  |  |  |
Partners' Capital | 13,961,049 |  | 11,016,915 |  |  |  |  |  |  |
Total Liabilities and Capital | 144,384,727 |  | 151,052,802 |  |  |  |  |  |  |
Investment in Unconsolidated Joint Ventures | 9,029,232 |  | 7,079,963 |  |  |  |  |  |  |
Distribution and Loss in Excess of investments in Unconsolidated Joint Venture | (2,754,771) |  | (2,468,308) |  |  |  |  |  |  |
Total Investment in Unconsolidated Joint Ventures (Net) | $ 6,274,462 |  | $ 4,611,654 |  |  |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | property | 1,033 |  | 1,033 |  |  |  |  |  |  |
Units to be retained | property | 690 |  | 786 |  |  |  |  |  |  |
Units to be sold | property | 343 |  | 247 |  |  |  |  |  |  |
Units sold | property | 278 |  | 245 |  |  |  |  |  |  |
Unsold units | property | 65 |  | 2 |  |  |  |  |  |  |
Units unsold with deposits for future sale | property | 13 |  |  |  |  |  |  |  |  |
Investment Properties | Residential buildings |  |  |  |  |  |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | property | 1,030 |  | 1,030 |  |  |  |  |  |  |
Investment Properties | Commercial |  |  |  |  |  |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | property | 3 |  | 3 |  |  |  |  |  |  |
Hamilton Essex 81 |  |  |  |  |  |  |  |  |  |
LIABILITIES AND PARTNERS' CAPITAL |  |  |  |  |  |  |  |  |  |
Mortgage Notes Payable | $ 9,886,240 |  |  |  |  |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | item |  |  |  |  |  | 48 |  |  |  |
Hamilton Essex 81 | NERA 50% |  |  |  |  |  |  |  |  |  |
ASSETS |  |  |  |  |  |  |  |  |  |
Rental Properties | 7,798,556 |  | $ 8,233,823 |  |  |  |  |  |  |
Cash & Cash Equivalents | 95,520 |  | 111,271 |  |  |  |  |  |  |
Rent Receivable | 5,529 |  | 46,713 |  |  |  |  |  |  |
Real Estate Tax Escrow | 111,718 |  | 83,814 |  |  |  |  |  |  |
Prepaid Expenses & Other Assets | 105,580 |  | 105,562 |  |  |  |  |  |  |
Total Assets | 8,116,903 |  | 8,581,183 |  |  |  |  |  |  |
LIABILITIES AND PARTNERS' CAPITAL |  |  |  |  |  |  |  |  |  |
Mortgage Notes Payable | 9,886,240 |  | 9,872,451 |  |  |  |  |  |  |
Accounts Payable and Accrued Expenses | 62,932 |  | 54,553 |  |  |  |  |  |  |
Advance Rental Payments and Security Deposits | 251,183 |  | 196,372 |  |  |  |  |  |  |
Total Liabilities | 10,200,355 |  | 10,123,376 |  |  |  |  |  |  |
Partners' Capital | (2,083,452) |  | (1,542,193) |  |  |  |  |  |  |
Total Liabilities and Capital | $ 8,116,903 |  | $ 8,581,183 |  |  |  |  |  |  |
Partners' Capital % - NERA | 50.00% |  | 50.00% |  |  |  |  |  |  |
Distribution and Loss in Excess of investments in Unconsolidated Joint Venture | $ (1,041,726) |  | $ (771,097) |  |  |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | property | 49 |  | 49 |  |  |  |  |  |  |
Units to be retained | property | 49 |  | 49 |  |  |  |  |  |  |
Hamilton Essex 81 | Residential buildings | NERA 50% |  |  |  |  |  |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | property | 48 |  | 48 |  |  |  |  |  |  |
Hamilton Essex 81 | Commercial | NERA 50% |  |  |  |  |  |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | property | 1 |  | 1 |  |  |  |  |  |  |
Hamilton Essex Development | NERA 50% |  |  |  |  |  |  |  |  |  |
ASSETS |  |  |  |  |  |  |  |  |  |
Rental Properties | $ 2,622,021 |  | $ 2,617,251 |  |  |  |  |  |  |
Cash & Cash Equivalents | 108,751 |  | 42,323 |  |  |  |  |  |  |
Prepaid Expenses & Other Assets | 1,533 |  | 1,351 |  |  |  |  |  |  |
Total Assets | 2,732,305 |  | 2,660,925 |  |  |  |  |  |  |
LIABILITIES AND PARTNERS' CAPITAL |  |  |  |  |  |  |  |  |  |
Accounts Payable and Accrued Expenses | 850 |  | 850 |  |  |  |  |  |  |
Total Liabilities | 850 |  | 850 |  |  |  |  |  |  |
Partners' Capital | 2,731,455 |  | 2,660,075 |  |  |  |  |  |  |
Total Liabilities and Capital | $ 2,732,305 |  | $ 2,660,925 |  |  |  |  |  |  |
Partners' Capital % - NERA | 50.00% |  | 50.00% |  |  |  |  |  |  |
Investment in Unconsolidated Joint Ventures | $ 1,365,727 |  | $ 1,330,037 |  |  |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | property | 1 |  | 1 |  |  |  |  |  |  |
Units to be retained | property | 1 |  | 1 |  |  |  |  |  |  |
Hamilton Essex Development | Commercial | NERA 50% |  |  |  |  |  |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | property | 1 |  | 1 |  |  |  |  |  |  |
345 Franklin |  |  |  |  |  |  |  |  |  |
LIABILITIES AND PARTNERS' CAPITAL |  |  |  |  |  |  |  |  |  |
Mortgage Notes Payable | $ 9,761,919 |  |  |  |  |  |  |  |  |
Partners' Capital % - NERA |  |  |  |  |  |  |  |  |  | 50.00%
Investment in Unconsolidated Joint Ventures |  |  |  |  |  |  |  |  |  | $ 1,533,000
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | item |  |  |  |  |  |  |  |  |  | 40
345 Franklin | NERA 50% |  |  |  |  |  |  |  |  |  |
ASSETS |  |  |  |  |  |  |  |  |  |
Rental Properties | 6,494,266 |  | $ 6,607,281 |  |  |  |  |  |  |
Cash & Cash Equivalents | 45,291 |  | 183,078 |  |  |  |  |  |  |
Rent Receivable | 9,470 |  | 8,347 |  |  |  |  |  |  |
Real Estate Tax Escrow | 18,889 |  | 16,713 |  |  |  |  |  |  |
Prepaid Expenses & Other Assets | 42,394 |  | 37,218 |  |  |  |  |  |  |
Total Assets | 6,610,310 |  | 6,852,637 |  |  |  |  |  |  |
LIABILITIES AND PARTNERS' CAPITAL |  |  |  |  |  |  |  |  |  |
Mortgage Notes Payable | 9,761,919 |  | 9,920,098 |  |  |  |  |  |  |
Accounts Payable and Accrued Expenses | 63,851 |  | 67,207 |  |  |  |  |  |  |
Advance Rental Payments and Security Deposits | 210,629 |  | 259,754 |  |  |  |  |  |  |
Total Liabilities | 10,036,399 |  | 10,247,059 |  |  |  |  |  |  |
Partners' Capital | (3,426,089) |  | (3,394,422) |  |  |  |  |  |  |
Total Liabilities and Capital | $ 6,610,310 |  | $ 6,852,637 |  |  |  |  |  |  |
Partners' Capital % - NERA | 50.00% |  | 50.00% |  |  |  |  |  |  |
Distribution and Loss in Excess of investments in Unconsolidated Joint Venture | $ (1,713,045) |  | $ (1,697,211) |  |  |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | property | 40 |  | 40 |  |  |  |  |  |  |
Units to be retained | property | 40 |  | 40 |  |  |  |  |  |  |
345 Franklin | Residential buildings | NERA 50% |  |  |  |  |  |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | property | 40 |  | 40 |  |  |  |  |  |  |
Hamilton 1025 |  |  |  |  |  |  |  |  |  |
LIABILITIES AND PARTNERS' CAPITAL |  |  |  |  |  |  |  |  |  |
Partners' Capital % - NERA |  |  |  |  |  |  | 50.00% |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |  |  |  | $ 2,352,000 |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | item |  |  |  |  |  |  | 176 |  |  |
Units to be retained | item | (4) |  |  |  |  |  | (49) |  |  |
Units sold | item | 8 | 10 |  |  |  |  | 127 |  |  |
Unsold units | item | 30 |  |  |  |  |  |  |  |  |
Hamilton 1025 | NERA 50% |  |  |  |  |  |  |  |  |  |
ASSETS |  |  |  |  |  |  |  |  |  |
Rental Properties | $ 2,812,552 |  | $ 4,829,662 |  |  |  |  |  |  |
Cash & Cash Equivalents | 684 |  | 288 |  |  |  |  |  |  |
Rent Receivable | 10,842 |  | 18,732 |  |  |  |  |  |  |
Real Estate Tax Escrow |  |  | 83,537 |  |  |  |  |  |  |
Prepaid Expenses & Other Assets | 770,237 |  | 68,884 |  |  |  |  |  |  |
Total Assets | 3,594,315 |  | 5,001,103 |  |  |  |  |  |  |
LIABILITIES AND PARTNERS' CAPITAL |  |  |  |  |  |  |  |  |  |
Mortgage Notes Payable |  |  | 4,693,693 |  |  |  |  |  |  |
Accounts Payable and Accrued Expenses | 10,978 |  | 28,749 |  |  |  |  |  |  |
Advance Rental Payments and Security Deposits | 42,231 |  | 89,470 |  |  |  |  |  |  |
Total Liabilities | 53,209 |  | 4,811,912 |  |  |  |  |  |  |
Partners' Capital | 3,541,106 |  | 189,191 |  |  |  |  |  |  |
Total Liabilities and Capital | $ 3,594,315 |  | $ 5,001,103 |  |  |  |  |  |  |
Partners' Capital % - NERA | 50.00% |  | 50.00% |  |  |  |  |  |  |
Investment in Unconsolidated Joint Ventures | $ 1,770,552 |  | $ 94,595 |  |  |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | property | 176 |  | 176 |  |  |  |  |  |  |
Units to be retained | property | 1 |  | 49 |  |  |  |  |  |  |
Units to be sold | property | 175 |  | 127 |  |  |  |  |  |  |
Units sold | property | 148 |  | 127 |  |  |  |  |  |  |
Unsold units | property | 27 |  |  |  |  |  |  |  |  |
Units unsold with deposits for future sale | property | 4 |  |  |  |  |  |  |  |  |
Hamilton 1025 | Residential buildings | NERA 50% |  |  |  |  |  |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | property | 175 |  | 175 |  |  |  |  |  |  |
Hamilton 1025 | Commercial | NERA 50% |  |  |  |  |  |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | property | 1 |  | 1 |  |  |  |  |  |  |
Hamilton Bay Sales | NERA 50% |  |  |  |  |  |  |  |  |  |
ASSETS |  |  |  |  |  |  |  |  |  |
Rental Properties | $ 0 |  | $ 241,741 |  |  |  |  |  |  |
Cash & Cash Equivalents | 212,237 |  | 28,695 |  |  |  |  |  |  |
Rent Receivable | 825 |  | 2,400 |  |  |  |  |  |  |
Prepaid Expenses & Other Assets | 0 |  | 1,891 |  |  |  |  |  |  |
Total Assets | 213,062 |  | 274,727 |  |  |  |  |  |  |
LIABILITIES AND PARTNERS' CAPITAL |  |  |  |  |  |  |  |  |  |
Accounts Payable and Accrued Expenses | 1,182 |  | 1,395 |  |  |  |  |  |  |
Advance Rental Payments and Security Deposits | 101 |  | 2,373 |  |  |  |  |  |  |
Total Liabilities | 1,283 |  | 3,768 |  |  |  |  |  |  |
Partners' Capital | 211,779 |  | 270,959 |  |  |  |  |  |  |
Total Liabilities and Capital | $ 213,062 |  | $ 274,727 |  |  |  |  |  |  |
Partners' Capital % - NERA | 50.00% |  | 50.00% |  |  |  |  |  |  |
Investment in Unconsolidated Joint Ventures | $ 105,889 |  | $ 135,479 |  |  |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | property | 120 |  | 120 |  |  |  |  |  |  |
Units to be sold | property | 120 |  | 120 |  |  |  |  |  |  |
Units sold | property | 120 |  | 118 |  |  |  |  |  |  |
Unsold units | property |  |  | 2 |  |  |  |  |  |  |
Hamilton Bay Sales | Residential buildings | NERA 50% |  |  |  |  |  |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | property | 120 |  | 120 |  |  |  |  |  |  |
Hamilton Bay Apts |  |  |  |  |  |  |  |  |  |
LIABILITIES AND PARTNERS' CAPITAL |  |  |  |  |  |  |  |  |  |
Partners' Capital % - NERA |  |  |  |  | 50.00% |  |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  |  | $ 2,500,000 |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | item |  |  |  |  | 168 |  |  |  |  |
Units to be retained | item |  |  |  |  | (48) |  |  |  |  |
Units sold | item |  |  |  |  | 120 |  |  |  |  |
Hamilton Bay Apts | NERA 50% |  |  |  |  |  |  |  |  |  |
ASSETS |  |  |  |  |  |  |  |  |  |
Rental Properties | $ 4,484,449 |  | $ 6,017,735 |  |  |  |  |  |  |
Cash & Cash Equivalents | 58,078 |  | 4,943 |  |  |  |  |  |  |
Rent Receivable | 18,180 |  | 12,257 |  |  |  |  |  |  |
Real Estate Tax Escrow | 0 |  | 37,780 |  |  |  |  |  |  |
Prepaid Expenses & Other Assets | 487,987 |  | 74,021 |  |  |  |  |  |  |
Total Assets | 5,048,694 |  | 6,146,736 |  |  |  |  |  |  |
LIABILITIES AND PARTNERS' CAPITAL |  |  |  |  |  |  |  |  |  |
Mortgage Notes Payable |  |  | 4,463,701 |  |  |  |  |  |  |
Accounts Payable and Accrued Expenses | 35,122 |  | 9,232 |  |  |  |  |  |  |
Advance Rental Payments and Security Deposits | 65,705 |  | 98,765 |  |  |  |  |  |  |
Total Liabilities | 100,827 |  | 4,571,698 |  |  |  |  |  |  |
Partners' Capital | 4,947,867 |  | 1,575,038 |  |  |  |  |  |  |
Total Liabilities and Capital | $ 5,048,694 |  | $ 6,146,736 |  |  |  |  |  |  |
Partners' Capital % - NERA | 50.00% |  | 50.00% |  |  |  |  |  |  |
Investment in Unconsolidated Joint Ventures | $ 2,473,933 |  | $ 787,518 |  |  |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | property | 48 |  | 48 |  |  |  |  |  |  |
Units to be retained | property |  |  | 48 |  |  |  |  |  |  |
Units to be sold | property | 48 |  |  |  |  |  |  |  |  |
Units sold | property | 10 |  |  |  |  |  |  |  |  |
Unsold units | property | 38 |  |  |  |  |  |  |  |  |
Units unsold with deposits for future sale | property | 9 |  |  |  |  |  |  |  |  |
Hamilton Bay Apts | Residential buildings | NERA 50% |  |  |  |  |  |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | property | 48 |  | 48 |  |  |  |  |  |  |
Hamilton Minuteman |  |  |  |  |  |  |  |  |  |
LIABILITIES AND PARTNERS' CAPITAL |  |  |  |  |  |  |  |  |  |
Mortgage Notes Payable | $ 5,883,726 |  |  |  |  |  |  |  |  |
Partners' Capital % - NERA |  |  |  |  |  |  |  | 50.00% |  |
Investment in Unconsolidated Joint Ventures |  |  |  |  |  |  |  | $ 5,075,000 |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | item |  |  |  |  |  |  |  | 42 |  |
Hamilton Minuteman | NERA 50% |  |  |  |  |  |  |  |  |  |
ASSETS |  |  |  |  |  |  |  |  |  |
Rental Properties | 6,012,338 |  | $ 6,200,372 |  |  |  |  |  |  |
Cash & Cash Equivalents | 27,620 |  | 170 |  |  |  |  |  |  |
Rent Receivable | 10,991 |  |  |  |  |  |  |  |  |
Real Estate Tax Escrow | 19,216 |  | 46,263 |  |  |  |  |  |  |
Prepaid Expenses & Other Assets | 23,196 |  | 159,492 |  |  |  |  |  |  |
Total Assets | 6,093,361 |  | 6,406,297 |  |  |  |  |  |  |
LIABILITIES AND PARTNERS' CAPITAL |  |  |  |  |  |  |  |  |  |
Mortgage Notes Payable | 5,883,726 |  | 5,169,696 |  |  |  |  |  |  |
Accounts Payable and Accrued Expenses | 48,956 |  | 57,401 |  |  |  |  |  |  |
Advance Rental Payments and Security Deposits | 119,247 |  | 110,976 |  |  |  |  |  |  |
Total Liabilities | 6,051,929 |  | 5,338,073 |  |  |  |  |  |  |
Partners' Capital | 41,432 |  | 1,068,224 |  |  |  |  |  |  |
Total Liabilities and Capital | $ 6,093,361 |  | $ 6,406,297 |  |  |  |  |  |  |
Partners' Capital % - NERA | 50.00% |  | 50.00% |  |  |  |  |  |  |
Investment in Unconsolidated Joint Ventures | $ 20,716 |  | $ 534,111 |  |  |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | property | 42 |  | 42 |  |  |  |  |  |  |
Units to be retained | property | 42 |  | 42 |  |  |  |  |  |  |
Hamilton Minuteman | Residential buildings | NERA 50% |  |  |  |  |  |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | property | 42 |  | 42 |  |  |  |  |  |  |
Hamilton on Main Apts |  |  |  |  |  |  |  |  |  |
LIABILITIES AND PARTNERS' CAPITAL |  |  |  |  |  |  |  |  |  |
Mortgage Notes Payable | $ 16,784,966 |  |  |  |  |  |  |  |  |
Partners' Capital % - NERA |  |  |  |  |  |  |  |  | 50.00% |
Investment in Unconsolidated Joint Ventures |  |  |  |  |  |  |  |  | $ 8,000,000 |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | item |  |  |  |  |  |  |  |  | 280 |
Units sold | item |  |  |  |  |  |  |  |  | 137 |
Hamilton on Main Apts | NERA 50% |  |  |  |  |  |  |  |  |  |
ASSETS |  |  |  |  |  |  |  |  |  |
Rental Properties | 17,871,657 |  | $ 18,146,220 |  |  |  |  |  |  |
Cash & Cash Equivalents | 541 |  | 172,519 |  |  |  |  |  |  |
Rent Receivable | 20,212 |  | 13,230 |  |  |  |  |  |  |
Real Estate Tax Escrow | 238,391 |  | 37,745 |  |  |  |  |  |  |
Prepaid Expenses & Other Assets | 108,507 |  | 109,424 |  |  |  |  |  |  |
Total Assets | 18,239,308 |  | 18,479,138 |  |  |  |  |  |  |
LIABILITIES AND PARTNERS' CAPITAL |  |  |  |  |  |  |  |  |  |
Mortgage Notes Payable | 16,784,966 |  | 16,768,914 |  |  |  |  |  |  |
Accounts Payable and Accrued Expenses | 140,046 |  | 130,506 |  |  |  |  |  |  |
Advance Rental Payments and Security Deposits | 377,911 |  | 357,657 |  |  |  |  |  |  |
Total Liabilities | 17,302,923 |  | 17,257,077 |  |  |  |  |  |  |
Partners' Capital | 936,385 |  | 1,222,061 |  |  |  |  |  |  |
Total Liabilities and Capital | $ 18,239,308 |  | $ 18,479,138 |  |  |  |  |  |  |
Partners' Capital % - NERA | 50.00% |  | 50.00% |  |  |  |  |  |  |
Investment in Unconsolidated Joint Ventures | $ 468,192 |  | $ 611,031 |  |  |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | property | 148 |  | 148 |  |  |  |  |  |  |
Units to be retained | property | 148 |  | 148 |  |  |  |  |  |  |
Hamilton on Main Apts | Residential buildings | NERA 50% |  |  |  |  |  |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | property | 148 |  | 148 |  |  |  |  |  |  |
Dexter Park |  |  |  |  |  |  |  |  |  |
LIABILITIES AND PARTNERS' CAPITAL |  |  |  |  |  |  |  |  |  |
Mortgage Notes Payable | $ 82,621,527 |  |  |  |  |  |  |  |  |
Partners' Capital % - NERA |  |  |  | 40.00% |  |  |  |  |  |
Investment in Unconsolidated Joint Ventures |  |  |  | $ 15,925,000 |  |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | item |  |  |  | 409 |  |  |  |  |  |
Dexter Park | NERA 40% |  |  |  |  |  |  |  |  |  |
ASSETS |  |  |  |  |  |  |  |  |  |
Rental Properties | 90,669,576 |  | $ 93,105,409 |  |  |  |  |  |  |
Cash & Cash Equivalents | 975,232 |  | 1,096,874 |  |  |  |  |  |  |
Rent Receivable | 150,399 |  | 81,431 |  |  |  |  |  |  |
Real Estate Tax Escrow | 273,553 |  | 233,654 |  |  |  |  |  |  |
Prepaid Expenses & Other Assets | 1,667,709 |  | 2,132,688 |  |  |  |  |  |  |
Total Assets | 93,736,469 |  | 96,650,056 |  |  |  |  |  |  |
LIABILITIES AND PARTNERS' CAPITAL |  |  |  |  |  |  |  |  |  |
Mortgage Notes Payable | 82,621,527 |  | 84,018,197 |  |  |  |  |  |  |
Accounts Payable and Accrued Expenses | 642,256 |  | 636,852 |  |  |  |  |  |  |
Advance Rental Payments and Security Deposits | 3,412,120 |  | 3,027,025 |  |  |  |  |  |  |
Total Liabilities | 86,675,903 |  | 87,682,074 |  |  |  |  |  |  |
Partners' Capital | 7,060,566 |  | 8,967,982 |  |  |  |  |  |  |
Total Liabilities and Capital | $ 93,736,469 |  | $ 96,650,056 |  |  |  |  |  |  |
Partners' Capital % - NERA | 40.00% |  | 40.00% |  |  |  |  |  |  |
Investment in Unconsolidated Joint Ventures | $ 2,824,225 |  | $ 3,587,193 |  |  |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | property | 409 |  | 409 |  |  |  |  |  |  |
Units to be retained | property | 409 |  | 409 |  |  |  |  |  |  |
Dexter Park | Residential buildings | NERA 40% |  |  |  |  |  |  |  |  |  |
Total units/ condominiums |  |  |  |  |  |  |  |  |  |
Total | property | 409 |  | 409 |  |  |  |  |  |  |

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