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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Income) (Details) - USD ($) | 3 Months Ended | 6 Months Ended |  |  |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | ---
Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2017 | Jun. 30, 2016 | Oct. 28, 2009 | Oct. 03, 2005 | Mar. 02, 2005 | Sep. 30, 2004 | Aug. 31, 2004 | Nov. 30, 2001
Investment Properties |  |  |  |  |  |  |  |  |  |
Revenues |  |  |  |  |  |  |  |  |  |
Rental income | $ 12,116,129 | $ 6,025,406 | $ 11,928,889 | $ 12,116,129 |  |  |  |  |  |
Laundry and Sundry Income | 86,033 | 44,100 | 78,303 | 86,033 |  |  |  |  |  |
Total Revenues | 12,202,162 | 6,069,506 | 12,007,192 | 12,202,162 |  |  |  |  |  |
Expenses |  |  |  |  |  |  |  |  |  |
Administrative | 168,714 | 75,361 | 149,264 | 168,714 |  |  |  |  |  |
Depreciation and amortization | 2,954,638 | 1,482,711 | 2,990,008 | 2,954,638 |  |  |  |  |  |
Management Fees | 353,799 | 178,086 | 352,138 | 353,799 |  |  |  |  |  |
Operating | 894,324 | 390,264 | 930,496 | 894,324 |  |  |  |  |  |
Renting | 90,035 | 50,986 | 98,717 | 90,035 |  |  |  |  |  |
Repairs and Maintenance | 1,409,909 | 760,666 | 1,373,361 | 1,409,909 |  |  |  |  |  |
Taxes and Insurance | 1,436,671 | 715,582 | 1,503,213 | 1,436,671 |  |  |  |  |  |
Total Expenses | 7,308,090 | 3,653,656 | 7,397,197 | 7,308,090 |  |  |  |  |  |
Income Before Other Income | 4,894,072 | 2,415,850 | 4,609,995 | 4,894,072 |  |  |  |  |  |
Other Income (loss) |  |  |  |  |  |  |  |  |  |
Interest Expense | (3,581,247) | (1,787,741) | (3,287,595) | (3,581,247) |  |  |  |  |  |
Interest Income | 9 | 5 |  | 9 |  |  |  |  |  |
Gain on Sale of Real Estate | 235,470 | 67,462 | 2,370,644 | 235,470 |  |  |  |  |  |
Total Other Income (Loss) | (3,345,768) | (1,720,274) | (916,951) | (3,345,768) |  |  |  |  |  |
Net Income (Loss) | 1,548,304 | 695,576 | 3,693,044 | 1,548,304 |  |  |  |  |  |
Proportionate share of net income (loss) | 658,082 | 288,478 | 1,731,062 | 658,082 |  |  |  |  |  |
Investment Properties | NERA 50% |  |  |  |  |  |  |  |  |  |
Other Income (loss) |  |  |  |  |  |  |  |  |  |
Proportionate share of net income (loss) | 193,802 | 51,238 | 1,269,232 | 193,802 |  |  |  |  |  |
Investment Properties | NERA 40% |  |  |  |  |  |  |  |  |  |
Other Income (loss) |  |  |  |  |  |  |  |  |  |
Proportionate share of net income (loss) | 464,280 | 237,240 | 461,830 | 464,280 |  |  |  |  |  |
Hamilton Essex 81 |  |  |  |  |  |  |  |  |  |
Revenues |  |  |  |  |  |  |  |  |  |
Rental income |  | 369,120 |  |  |  |  |  |  |  |
Laundry and Sundry Income |  | 4,375 |  |  |  |  |  |  |  |
Total Revenues |  | 373,495 |  |  |  |  |  |  |  |
Expenses |  |  |  |  |  |  |  |  |  |
Administrative |  | 4,545 |  |  |  |  |  |  |  |
Depreciation and amortization |  | 113,230 |  |  |  |  |  |  |  |
Management Fees |  | 15,366 |  |  |  |  |  |  |  |
Operating |  | 19,855 |  |  |  |  |  |  |  |
Renting |  | 6,299 |  |  |  |  |  |  |  |
Repairs and Maintenance |  | 42,149 |  |  |  |  |  |  |  |
Taxes and Insurance |  | 57,873 |  |  |  |  |  |  |  |
Total Expenses |  | 259,317 |  |  |  |  |  |  |  |
Income Before Other Income |  | 114,178 |  |  |  |  |  |  |  |
Other Income (loss) |  |  |  |  |  |  |  |  |  |
Interest Expense |  | (71,039) |  |  |  |  |  |  |  |
Total Other Income (Loss) |  | (71,039) |  |  |  |  |  |  |  |
Net Income (Loss) |  | 43,139 |  |  |  |  |  |  |  |
Hamilton Essex 81 | NERA 50% |  |  |  |  |  |  |  |  |  |
Revenues |  |  |  |  |  |  |  |  |  |
Rental income | 767,917 |  | 723,284 | 767,917 |  |  |  |  |  |
Laundry and Sundry Income | 8,357 |  | 7,590 | 8,357 |  |  |  |  |  |
Total Revenues | 776,274 |  | 730,874 | 776,274 |  |  |  |  |  |
Expenses |  |  |  |  |  |  |  |  |  |
Administrative | 20,096 |  | 9,929 | 20,096 |  |  |  |  |  |
Depreciation and amortization | 225,194 |  | 226,998 | 225,194 |  |  |  |  |  |
Management Fees | 30,050 |  | 31,978 | 30,050 |  |  |  |  |  |
Operating | 50,358 |  | 39,707 | 50,358 |  |  |  |  |  |
Renting | 6,839 |  | 9,516 | 6,839 |  |  |  |  |  |
Repairs and Maintenance | 76,084 |  | 49,551 | 76,084 |  |  |  |  |  |
Taxes and Insurance | 115,308 |  | 121,101 | 115,308 |  |  |  |  |  |
Total Expenses | 523,929 |  | 488,780 | 523,929 |  |  |  |  |  |
Income Before Other Income | 252,345 |  | 242,094 | 252,345 |  |  |  |  |  |
Other Income (loss) |  |  |  |  |  |  |  |  |  |
Interest Expense | (141,647) |  | (164,394) | (141,647) |  |  |  |  |  |
Total Other Income (Loss) | (141,647) |  | (164,394) | (141,647) |  |  |  |  |  |
Net Income (Loss) | 110,698 |  | 77,700 | 110,698 |  |  |  |  |  |
Proportionate share of net income (loss) | $ 55,350 | $ 21,570 | $ 38,851 | $ 55,350 |  |  |  |  |  |
Ownership interest (as a percent) | 50.00% | 50.00% | 50.00% | 50.00% |  |  |  |  |  |
Hamilton Essex Development | NERA 50% |  |  |  |  |  |  |  |  |  |
Revenues |  |  |  |  |  |  |  |  |  |
Rental income | $ 120,000 | $ 60,000 | $ 120,000 | $ 120,000 |  |  |  |  |  |
Total Revenues | 120,000 | 60,000 | 120,000 | 120,000 |  |  |  |  |  |
Expenses |  |  |  |  |  |  |  |  |  |
Administrative | 889 | 464 | 850 | 889 |  |  |  |  |  |
Depreciation and amortization | 1,415 | 707 | 1,415 | 1,415 |  |  |  |  |  |
Management Fees | 4,800 | 2,400 | 4,800 | 4,800 |  |  |  |  |  |
Repairs and Maintenance | 3,150 | 3,150 | 3,180 | 3,150 |  |  |  |  |  |
Taxes and Insurance | 30,602 | 15,431 | 29,080 | 30,602 |  |  |  |  |  |
Total Expenses | 40,856 | 22,152 | 39,325 | 40,856 |  |  |  |  |  |
Income Before Other Income | 79,144 | 37,848 | 80,675 | 79,144 |  |  |  |  |  |
Other Income (loss) |  |  |  |  |  |  |  |  |  |
Net Income (Loss) | 79,144 | 37,848 | 80,675 | 79,144 |  |  |  |  |  |
Proportionate share of net income (loss) | $ 39,572 | $ 18,924 | $ 40,338 | $ 39,572 |  |  |  |  |  |
Ownership interest (as a percent) | 50.00% | 50.00% | 50.00% | 50.00% |  |  |  |  |  |
345 Franklin |  |  |  |  |  |  |  |  |  |
Other Income (loss) |  |  |  |  |  |  |  |  |  |
Ownership interest (as a percent) |  |  |  |  |  |  |  |  |  | 50.00%
345 Franklin | NERA 50% |  |  |  |  |  |  |  |  |  |
Revenues |  |  |  |  |  |  |  |  |  |
Rental income | $ 724,962 | $ 358,043 | $ 727,167 | $ 724,962 |  |  |  |  |  |
Laundry and Sundry Income | 2,097 | 507 | 2,136 | 2,097 |  |  |  |  |  |
Total Revenues | 727,059 | 358,550 | 729,303 | 727,059 |  |  |  |  |  |
Expenses |  |  |  |  |  |  |  |  |  |
Administrative | 16,198 | 6,211 | 14,039 | 16,198 |  |  |  |  |  |
Depreciation and amortization | 173,831 | 86,915 | 173,435 | 173,831 |  |  |  |  |  |
Management Fees | 30,825 | 15,988 | 29,464 | 30,825 |  |  |  |  |  |
Operating | 36,666 | 16,542 | 36,420 | 36,666 |  |  |  |  |  |
Renting | 10,540 | 10,355 | 12,248 | 10,540 |  |  |  |  |  |
Repairs and Maintenance | 29,334 | 12,627 | 51,430 | 29,334 |  |  |  |  |  |
Taxes and Insurance | 64,423 | 30,407 | 66,970 | 64,423 |  |  |  |  |  |
Total Expenses | 361,817 | 179,045 | 384,006 | 361,817 |  |  |  |  |  |
Income Before Other Income | 365,242 | 179,505 | 345,297 | 365,242 |  |  |  |  |  |
Other Income (loss) |  |  |  |  |  |  |  |  |  |
Interest Expense | (199,009) | (99,505) | (197,793) | (199,009) |  |  |  |  |  |
Total Other Income (Loss) | (199,009) | (99,505) | (197,793) | (199,009) |  |  |  |  |  |
Net Income (Loss) | 166,233 | 80,000 | 147,504 | 166,233 |  |  |  |  |  |
Proportionate share of net income (loss) | $ 83,116 | $ 40,000 | $ 73,751 | $ 83,116 |  |  |  |  |  |
Ownership interest (as a percent) | 50.00% | 50.00% | 50.00% | 50.00% |  |  |  |  |  |
Hamilton 1025 |  |  |  |  |  |  |  |  |  |
Other Income (loss) |  |  |  |  |  |  |  |  |  |
Ownership interest (as a percent) |  |  |  |  |  |  | 50.00% |  |  |
Hamilton 1025 | NERA 50% |  |  |  |  |  |  |  |  |  |
Revenues |  |  |  |  |  |  |  |  |  |
Rental income | $ 472,476 | $ 237,156 | $ 237,200 | $ 472,476 |  |  |  |  |  |
Total Revenues | 472,476 | 237,156 | 237,200 | 472,476 |  |  |  |  |  |
Expenses |  |  |  |  |  |  |  |  |  |
Administrative | 2,745 | 1,319 | 2,184 | 2,745 |  |  |  |  |  |
Depreciation and amortization | 118,064 | 58,999 | 91,251 | 118,064 |  |  |  |  |  |
Management Fees | 17,927 | 8,402 | 8,803 | 17,927 |  |  |  |  |  |
Operating | 585 | 220 | 100 | 585 |  |  |  |  |  |
Renting | 1,789 | 1,789 | 332 | 1,789 |  |  |  |  |  |
Repairs and Maintenance | 155,898 | 78,417 | 115,717 | 155,898 |  |  |  |  |  |
Taxes and Insurance | 86,209 | 43,260 | 56,565 | 86,209 |  |  |  |  |  |
Total Expenses | 383,217 | 192,406 | 274,952 | 383,217 |  |  |  |  |  |
Income Before Other Income | 89,259 | 44,750 | (37,752) | 89,259 |  |  |  |  |  |
Other Income (loss) |  |  |  |  |  |  |  |  |  |
Interest Expense | (138,688) | (69,173) | (777) | (138,688) |  |  |  |  |  |
Interest Income | 9 | 5 |  | 9 |  |  |  |  |  |
Gain on Sale of Real Estate |  |  | 939,332 |  |  |  |  |  |  |
Total Other Income (Loss) | (138,679) | (69,168) | 938,555 | (138,679) |  |  |  |  |  |
Net Income (Loss) | (49,420) | (24,418) | 900,803 | (49,420) |  |  |  |  |  |
Proportionate share of net income (loss) | $ (24,710) | $ (12,209) | $ 450,401 | $ (24,710) |  |  |  |  |  |
Ownership interest (as a percent) | 50.00% | 50.00% | 50.00% | 50.00% |  |  |  |  |  |
Hamilton Bay Sales | NERA 50% |  |  |  |  |  |  |  |  |  |
Revenues |  |  |  |  |  |  |  |  |  |
Rental income | $ 27,690 | $ 11,025 | $ 5,282 | $ 27,690 |  |  |  |  |  |
Total Revenues | 27,690 | 11,025 | 5,282 | 27,690 |  |  |  |  |  |
Expenses |  |  |  |  |  |  |  |  |  |
Administrative | 2,984 | 1,085 | 2,148 | 2,984 |  |  |  |  |  |
Depreciation and amortization | 12,584 | 6,291 | (38,440) | 12,584 |  |  |  |  |  |
Management Fees | 1,076 | 406 | 207 | 1,076 |  |  |  |  |  |
Operating | 200 | 48 | 38 | 200 |  |  |  |  |  |
Renting |  |  | 181 |  |  |  |  |  |  |
Repairs and Maintenance | 13,569 | 5,551 | 3,100 | 13,569 |  |  |  |  |  |
Taxes and Insurance | 7,071 | 2,855 | 1,213 | 7,071 |  |  |  |  |  |
Total Expenses | 37,484 | 16,236 | (31,553) | 37,484 |  |  |  |  |  |
Income Before Other Income | (9,794) | (5,211) | 36,835 | (9,794) |  |  |  |  |  |
Other Income (loss) |  |  |  |  |  |  |  |  |  |
Interest Expense | (59) | (11) | (2) | (59) |  |  |  |  |  |
Gain on Sale of Real Estate | 235,470 | 67,462 | 93,392 | 235,470 |  |  |  |  |  |
Total Other Income (Loss) | 235,411 | 67,451 | 93,390 | 235,411 |  |  |  |  |  |
Net Income (Loss) | 225,617 | 62,240 | 130,225 | 225,617 |  |  |  |  |  |
Proportionate share of net income (loss) | $ 112,809 | $ 31,120 | $ 65,113 | $ 112,809 |  |  |  |  |  |
Ownership interest (as a percent) | 50.00% | 50.00% | 50.00% | 50.00% |  |  |  |  |  |
Hamilton Bay Apts |  |  |  |  |  |  |  |  |  |
Other Income (loss) |  |  |  |  |  |  |  |  |  |
Ownership interest (as a percent) |  |  |  |  |  | 50.00% |  |  |  |
Hamilton Bay Apts | NERA 50% |  |  |  |  |  |  |  |  |  |
Revenues |  |  |  |  |  |  |  |  |  |
Rental income | $ 494,357 | $ 245,530 | $ 397,962 | $ 494,357 |  |  |  |  |  |
Total Revenues | 494,357 | 245,530 | 397,962 | 494,357 |  |  |  |  |  |
Expenses |  |  |  |  |  |  |  |  |  |
Administrative | 5,870 | 3,890 | 5,197 | 5,870 |  |  |  |  |  |
Depreciation and amortization | 158,855 | 79,462 | 202,598 | 158,855 |  |  |  |  |  |
Management Fees | 19,604 | 9,362 | 14,869 | 19,604 |  |  |  |  |  |
Operating | 1,008 | 714 | 1,374 | 1,008 |  |  |  |  |  |
Renting | 954 | 477 | 181 | 954 |  |  |  |  |  |
Repairs and Maintenance | 200,605 | 100,814 | 192,826 | 200,605 |  |  |  |  |  |
Taxes and Insurance | 83,979 | 42,070 | 87,349 | 83,979 |  |  |  |  |  |
Total Expenses | 470,875 | 236,789 | 504,394 | 470,875 |  |  |  |  |  |
Income Before Other Income | 23,482 | 8,741 | (106,432) | 23,482 |  |  |  |  |  |
Other Income (loss) |  |  |  |  |  |  |  |  |  |
Interest Expense | (130,978) | (65,065) | (41,741) | (130,978) |  |  |  |  |  |
Gain on Sale of Real Estate |  |  | 1,337,920 |  |  |  |  |  |  |
Total Other Income (Loss) | (130,978) | (65,065) | 1,296,179 | (130,978) |  |  |  |  |  |
Net Income (Loss) | (107,496) | (56,324) | 1,189,747 | (107,496) |  |  |  |  |  |
Proportionate share of net income (loss) | $ (53,749) | $ (28,162) | $ 594,874 | $ (53,749) |  |  |  |  |  |
Ownership interest (as a percent) | 50.00% | 50.00% | 50.00% | 50.00% |  |  |  |  |  |
Hamilton Minuteman |  |  |  |  |  |  |  |  |  |
Revenues |  |  |  |  |  |  |  |  |  |
Rental income |  | $ 243,193 |  |  |  |  |  |  |  |
Laundry and Sundry Income |  | 53 |  |  |  |  |  |  |  |
Total Revenues |  | 243,246 |  |  |  |  |  |  |  |
Expenses |  |  |  |  |  |  |  |  |  |
Administrative |  | 1,293 |  |  |  |  |  |  |  |
Depreciation and amortization |  | 84,896 |  |  |  |  |  |  |  |
Management Fees |  | 9,588 |  |  |  |  |  |  |  |
Operating |  | 22,568 |  |  |  |  |  |  |  |
Renting |  | 947 |  |  |  |  |  |  |  |
Repairs and Maintenance |  | 57,281 |  |  |  |  |  |  |  |
Taxes and Insurance |  | 30,075 |  |  |  |  |  |  |  |
Total Expenses |  | 206,648 |  |  |  |  |  |  |  |
Income Before Other Income |  | 36,598 |  |  |  |  |  |  |  |
Other Income (loss) |  |  |  |  |  |  |  |  |  |
Interest Expense |  | (76,031) |  |  |  |  |  |  |  |
Total Other Income (Loss) |  | (76,031) |  |  |  |  |  |  |  |
Net Income (Loss) |  | (39,433) |  |  |  |  |  |  |  |
Ownership interest (as a percent) |  |  |  |  |  |  |  | 50.00% |  |
Hamilton Minuteman | NERA 50% |  |  |  |  |  |  |  |  |  |
Revenues |  |  |  |  |  |  |  |  |  |
Rental income | $ 491,754 |  | $ 516,798 | $ 491,754 |  |  |  |  |  |
Laundry and Sundry Income | 299 |  | 1,270 | 299 |  |  |  |  |  |
Total Revenues | 492,053 |  | 518,068 | 492,053 |  |  |  |  |  |
Expenses |  |  |  |  |  |  |  |  |  |
Administrative | 2,600 |  | 2,411 | 2,600 |  |  |  |  |  |
Depreciation and amortization | 169,581 |  | 173,810 | 169,581 |  |  |  |  |  |
Management Fees | 19,922 |  | 20,466 | 19,922 |  |  |  |  |  |
Operating | 46,231 |  | 52,003 | 46,231 |  |  |  |  |  |
Renting | 4,802 |  | 4,104 | 4,802 |  |  |  |  |  |
Repairs and Maintenance | 110,941 |  | 39,286 | 110,941 |  |  |  |  |  |
Taxes and Insurance | 59,499 |  | 62,894 | 59,499 |  |  |  |  |  |
Total Expenses | 413,576 |  | 354,974 | 413,576 |  |  |  |  |  |
Income Before Other Income | 78,477 |  | 163,094 | 78,477 |  |  |  |  |  |
Other Income (loss) |  |  |  |  |  |  |  |  |  |
Interest Expense | (152,347) |  | (118,019) | (152,347) |  |  |  |  |  |
Total Other Income (Loss) | (152,347) |  | (118,019) | (152,347) |  |  |  |  |  |
Net Income (Loss) | (73,870) |  | 45,075 | (73,870) |  |  |  |  |  |
Proportionate share of net income (loss) | $ (36,936) | $ (19,717) | $ 22,538 | $ (36,936) |  |  |  |  |  |
Ownership interest (as a percent) | 50.00% | 50.00% | 50.00% | 50.00% |  |  |  |  |  |
Hamilton on Main Apts |  |  |  |  |  |  |  |  |  |
Other Income (loss) |  |  |  |  |  |  |  |  |  |
Ownership interest (as a percent) |  |  |  |  |  |  |  |  | 50.00% |
Hamilton on Main Apts | NERA 50% |  |  |  |  |  |  |  |  |  |
Revenues |  |  |  |  |  |  |  |  |  |
Rental income | $ 1,604,997 | $ 806,669 | $ 1,655,234 | $ 1,604,997 |  |  |  |  |  |
Laundry and Sundry Income | 20,634 | 10,051 | 18,368 | 20,634 |  |  |  |  |  |
Total Revenues | 1,625,631 | 816,720 | 1,673,602 | 1,625,631 |  |  |  |  |  |
Expenses |  |  |  |  |  |  |  |  |  |
Administrative | 20,131 | 8,623 | 17,237 | 20,131 |  |  |  |  |  |
Depreciation and amortization | 477,061 | 239,165 | 490,218 | 477,061 |  |  |  |  |  |
Management Fees | 64,262 | 32,337 | 66,082 | 64,262 |  |  |  |  |  |
Operating | 151,015 | 81,925 | 183,191 | 151,015 |  |  |  |  |  |
Renting | 9,516 | 4,013 | 21,398 | 9,516 |  |  |  |  |  |
Repairs and Maintenance | 227,253 | 131,233 | 327,427 | 227,253 |  |  |  |  |  |
Taxes and Insurance | 255,822 | 128,012 | 218,416 | 255,822 |  |  |  |  |  |
Total Expenses | 1,205,060 | 625,308 | 1,323,969 | 1,205,060 |  |  |  |  |  |
Income Before Other Income | 420,571 | 191,412 | 349,633 | 420,571 |  |  |  |  |  |
Other Income (loss) |  |  |  |  |  |  |  |  |  |
Interest Expense | (383,871) | (191,988) | (382,898) | (383,871) |  |  |  |  |  |
Total Other Income (Loss) | (383,871) | (191,988) | (382,898) | (383,871) |  |  |  |  |  |
Net Income (Loss) | 36,700 | (576) | (33,265) | 36,700 |  |  |  |  |  |
Proportionate share of net income (loss) | $ 18,350 | $ (288) | $ (16,633) | $ 18,350 |  |  |  |  |  |
Ownership interest (as a percent) | 50.00% | 50.00% | 50.00% | 50.00% |  |  |  |  |  |
Dexter Park |  |  |  |  |  |  |  |  |  |
Other Income (loss) |  |  |  |  |  |  |  |  |  |
Ownership interest (as a percent) |  |  |  |  | 40.00% |  |  |  |  |
Dexter Park | NERA 40% |  |  |  |  |  |  |  |  |  |
Revenues |  |  |  |  |  |  |  |  |  |
Rental income | $ 7,411,976 | $ 3,694,670 | $ 7,545,962 | $ 7,411,976 |  |  |  |  |  |
Laundry and Sundry Income | 54,646 | 29,114 | 48,939 | 54,646 |  |  |  |  |  |
Total Revenues | 7,466,622 | 3,723,784 | 7,594,901 | 7,466,622 |  |  |  |  |  |
Expenses |  |  |  |  |  |  |  |  |  |
Administrative | 97,201 | 47,931 | 95,269 | 97,201 |  |  |  |  |  |
Depreciation and amortization | 1,618,053 | 813,046 | 1,668,723 | 1,618,053 |  |  |  |  |  |
Management Fees | 165,333 | 84,237 | 175,469 | 165,333 |  |  |  |  |  |
Operating | 608,261 | 248,392 | 617,663 | 608,261 |  |  |  |  |  |
Renting | 55,595 | 27,106 | 50,757 | 55,595 |  |  |  |  |  |
Repairs and Maintenance | 593,075 | 329,444 | 590,844 | 593,075 |  |  |  |  |  |
Taxes and Insurance | 733,758 | 365,599 | 859,625 | 733,758 |  |  |  |  |  |
Total Expenses | 3,871,276 | 1,915,755 | 4,058,350 | 3,871,276 |  |  |  |  |  |
Income Before Other Income | 3,595,346 | 1,808,029 | 3,536,551 | 3,595,346 |  |  |  |  |  |
Other Income (loss) |  |  |  |  |  |  |  |  |  |
Interest Expense | (2,434,648) | (1,214,929) | (2,381,971) | (2,434,648) |  |  |  |  |  |
Total Other Income (Loss) | (2,434,648) | (1,214,929) | (2,381,970) | (2,434,648) |  |  |  |  |  |
Net Income (Loss) | 1,160,698 | 593,100 | 1,154,581 | 1,160,698 |  |  |  |  |  |
Proportionate share of net income (loss) | $ 464,280 | $ 237,240 | $ 461,830 | $ 464,280 |  |  |  |  |  |
Ownership interest (as a percent) | 40.00% | 40.00% | 40.00% | 40.00% |  |  |  |  |  |

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