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RELATED PARTY TRANSACTIONS (Details)
3 Months Ended 6 Months Ended 18 Months Ended
Mar. 31, 2018
USD ($)
item
Mar. 31, 2017
USD ($)
Jun. 30, 2017
USD ($)
Jun. 30, 2016
USD ($)
Jun. 30, 2017
USD ($)
Sep. 29, 2017
USD ($)
Jul. 06, 2017
USD ($)
RELATED PARTY TRANSACTIONS              
Management fee as percentage of gross receipts rental revenue 4.00%            
Management fee as a percentage of gross receipts rental revenue of Linewt, LLC 3.00%            
Management fees of related party $ 560,000 $ 537,000          
Management fee 559,629 536,715          
Repairs and maintenance 1,814,283 1,455,621          
Administrative expense $ 539,145 525,736          
Number of limited partnerships and limited liability companies in which the entity has invested | item 8            
Interest expense $ 2,984,210 2,520,826          
Woodland Park Apartments LLC Newton Massachusetts              
RELATED PARTY TRANSACTIONS              
Loan amount           $ 22,250,000 $ 16,000,000
Interest rate (as a percent)           3.79% 4.75%
Dexter Park              
RELATED PARTY TRANSACTIONS              
Management fee as percentage of gross receipts rental revenue 2.00%            
President of Management Company              
RELATED PARTY TRANSACTIONS              
Quarterly fee for asset management consulting services     $ 18,750 $ 18,750      
Harold Brown | Minimum              
RELATED PARTY TRANSACTIONS              
Ownership interest (as a percent) 43.20%            
Harold Brown | Maximum              
RELATED PARTY TRANSACTIONS              
Ownership interest (as a percent) 56.00%            
General Partner or Management Company [Member]              
RELATED PARTY TRANSACTIONS              
Repairs and maintenance $ 82,000            
Administrative expense 84,000            
Commercial brokerage fees 20,000            
Expenses for construction, architectural services and supervision of capital projects 168,000            
Costs related to professional services 354,000 182,000          
Management Company [Member]              
RELATED PARTY TRANSACTIONS              
Reimbursement to related party for payroll transfers $ 824,000 $ 811,000          
Employer contributions in 401K plan     0 0      
Number of accounting staff of related party providing bookkeeping and accounting functions | item 14            
Fees for accounting and bookkeeping services     $ 31,250 $ 31,250      
Number of employees having ownership interest in the investment properties | item 6            
Fees for accounting and bookkeeping services per year         $ 125,000    
Partially owned properties              
RELATED PARTY TRANSACTIONS              
Management fee as percentage of gross receipts rental revenue 4.00%            
Management fee $ 160,000            
Repairs and maintenance 23,000            
Administrative expense 20,000            
Construction, architectural services and supervision of capital projects 40,000            
Amount paid to related party $ 243,000            
Residential and mixed-use properties | Partially owned properties | Minimum              
RELATED PARTY TRANSACTIONS              
Ownership interest (as a percent) 40.00%            
Residential and mixed-use properties | Partially owned properties | Maximum              
RELATED PARTY TRANSACTIONS              
Ownership interest (as a percent) 50.00%