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FAIR VALUE MEASUREMENTS (Tables) | 3 Months Ended
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Mar. 31, 2018
FAIR VALUE MEASUREMENTS |
Schedule of carrying amounts and estimated fair value of debt |
|  | Carrying Amount |  | Estimated Fair Value |
Mortgage Notes Payable |  |  |  |  |  |  |
Partnership Properties |  |  |  |  |  |  |
At March 31, 2018 | * | $ | 253,584,894 |  | $ | 233,103,625 |
At December 31, 2017 | * | $ | 233,221,258 |  | $ | 237,895,708 |
Investment Properties |  |  |  |  |  |  |
At March 31, 2018 | * | $ | 123,720,733 |  | $ | 123,539,032 |
At December 31, 2017 | * | $ | 124,145,012 |  | $ | 125,519,974 |
* Net of unamortized deferred financing costs

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- Definition Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements. + References No definition available. + Details
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