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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Income) (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Oct. 28, 2009
Oct. 03, 2005
Mar. 02, 2005
Sep. 30, 2004
Aug. 31, 2004
Nov. 30, 2001
Revenues                    
Rental income $ 15,046,646 $ 15,038,675 $ 46,946,889 $ 44,693,574            
Laundry and sundry income 95,620 117,226 330,066 335,875            
Total Revenues 15,142,266 15,155,901 47,276,955 45,029,449            
Expenses                    
Administrative 511,812 622,459 1,608,664 1,861,397            
Depreciation and amortization 4,612,713 3,627,142 13,779,797 10,900,060            
Management fee 598,111 599,864 1,862,645 1,787,670            
Operating 1,228,750 1,111,613 4,188,934 4,121,444            
Renting 332,157 348,896 657,636 773,470            
Repairs and maintenance 2,524,050 2,654,769 6,659,443 6,886,313            
Taxes and insurance 2,107,037 2,014,141 6,503,299 5,991,245            
Total Expenses 11,914,630 10,978,884 35,260,418 32,321,599            
Income Before Other Income (Expense) 3,227,636 4,177,017 12,016,537 12,707,850            
Other Income (Expense)                    
Interest expense (3,417,348) (3,011,347) (10,291,255) (9,145,075)            
Interest income 11 66 171 335            
Total Other Income (Expense) (3,666,920) (2,793,038) (9,621,986) (8,059,111)            
Net (Loss) Income $ (439,284) $ 1,383,979 $ 2,394,551 $ 4,648,739            
NERA 50%                    
Other Income (Expense)                    
Ownership interest (as a percent) 50.00% 50.00% 50.00% 50.00%            
NERA 40%                    
Other Income (Expense)                    
Ownership interest (as a percent) 40.00% 40.00% 40.00% 40.00%            
Investment Properties                    
Revenues                    
Rental income $ 5,075,210 $ 6,182,514 $ 17,464,869 $ 18,352,687            
Laundry and sundry income 27,233 47,156 98,102 125,545            
Total Revenues 5,102,443 6,229,670 17,562,971 18,478,232            
Expenses                    
Administrative 74,345 103,091 244,308 283,328            
Depreciation and amortization 1,489,963 1,481,176 4,451,183 4,418,840            
Management fee 136,989 165,904 458,162 492,893            
Operating 385,519 377,486 1,218,772 1,298,588            
Renting 242,466 290,542 307,678 401,664            
Repairs and maintenance 833,173 807,600 1,730,992 1,919,743            
Taxes and insurance 850,624 764,021 2,542,476 2,321,323            
Total Expenses 4,013,079 3,989,820 10,953,571 11,136,379            
Income Before Other Income (Expense) 1,089,364 2,239,850 6,609,400 7,341,853            
Other Income (Expense)                    
Interest expense (1,675,322) (1,730,605) (5,071,896) (5,197,591)            
Gain on sale of real estate       738,983            
Total Other Income (Expense) (1,675,322) (1,730,605) (5,071,896) (4,458,608)            
Net (Loss) Income (585,958) 509,245 1,537,504 2,883,245            
Proportionate share of net income (loss) (249,583) 224,993 669,098 1,287,339            
Investment Properties | NERA 50%                    
Other Income (Expense)                    
Proportionate share of net income (loss) (76,005) 106,504 270,473 670,223            
Investment Properties | NERA 40%                    
Other Income (Expense)                    
Proportionate share of net income (loss) (173,578) 118,489 398,625 617,116            
Hamilton Essex 81                    
Revenues                    
Rental income 120,398 429,472 940,486 1,339,583            
Laundry and sundry income 2,605 3,810 9,288 10,680            
Total Revenues 123,003 433,282 949,774 1,350,263            
Expenses                    
Administrative 3,971 7,713 15,451 22,968            
Depreciation and amortization 122,210 120,986 365,779 360,417            
Management fee 9,751 17,228 37,803 51,454            
Operating 17,948 16,773 64,247 53,817            
Renting 3,026 23,575 6,430 32,092            
Repairs and maintenance 27,206 37,324 94,415 101,995            
Taxes and insurance 63,090 60,904 192,490 184,210            
Total Expenses 247,202 284,503 776,615 806,953            
Income Before Other Income (Expense) (124,199) 148,779 173,159 543,310            
Other Income (Expense)                    
Interest expense (63,961) (117,103) (236,053) (360,122)            
Total Other Income (Expense) (63,961) (117,103) (236,053) (360,122)            
Net (Loss) Income (188,160) $ 31,676 (62,894) $ 183,188            
Ownership interest (as a percent)   50.00%   50.00%            
Hamilton Essex 81 | NERA 50%                    
Other Income (Expense)                    
Proportionate share of net income (loss) $ (94,080) $ 15,837 $ (31,447) $ 91,593            
Ownership interest (as a percent) 50.00%   50.00%              
Hamilton Essex Development                    
Revenues                    
Rental income $ 2,864 60,471 $ 68,726 161,712            
Total Revenues 2,864 60,471 68,726 161,712            
Expenses                    
Administrative 844 11,488 3,044 21,162            
Depreciation and amortization 5,074 5,074 15,223 15,223            
Management fee   2,174 2,203 6,494            
Operating       8            
Repairs and maintenance 134   3,180 3,180            
Taxes and insurance 15,328 15,316 45,784 46,176            
Total Expenses 21,380 34,052 69,434 92,243            
Income Before Other Income (Expense) (18,516) 26,419 (708) 69,469            
Other Income (Expense)                    
Net (Loss) Income (18,516) $ 26,419 (708) $ 69,469            
Ownership interest (as a percent)   50.00%   50.00%            
Hamilton Essex Development | NERA 50%                    
Other Income (Expense)                    
Proportionate share of net income (loss) $ (9,257) $ 13,209 $ (354) $ 34,734            
Ownership interest (as a percent) 50.00%   50.00%              
345 Franklin                    
Revenues                    
Rental income $ 334,431 404,000 $ 1,182,050 1,207,094            
Laundry and sundry income   1,806 498 2,390            
Total Revenues 334,431 405,806 1,182,548 1,209,484            
Expenses                    
Administrative 7,531 7,324 23,860 17,366            
Depreciation and amortization 84,680 86,269 253,716 258,722            
Management fee 13,253 16,063 45,548 46,506            
Operating 22,313 13,766 51,077 54,291            
Renting 20,094 9,217 29,776 21,210            
Repairs and maintenance 35,879 44,687 79,254 86,964            
Taxes and insurance 40,342 35,630 120,056 111,239            
Total Expenses 224,092 212,956 603,287 596,298            
Income Before Other Income (Expense) 110,339 192,850 579,261 613,186            
Other Income (Expense)                    
Interest expense (92,048) (94,449) (278,456) (283,531)            
Total Other Income (Expense) (92,048) (94,449) (278,456) (283,531)            
Net (Loss) Income 18,291 $ 98,401 300,805 $ 329,655            
Ownership interest (as a percent)   50.00%   50.00%           50.00%
345 Franklin | NERA 50%                    
Other Income (Expense)                    
Proportionate share of net income (loss) $ 9,146 $ 49,200 $ 150,403 $ 164,827            
Ownership interest (as a percent) 50.00%   50.00%              
Hamilton 1025                    
Revenues                    
Rental income $ 24,369 25,497 $ 65,486 72,558            
Total Revenues 24,369 25,497 65,486 72,558            
Expenses                    
Administrative 713 1,432 11,769 5,834            
Depreciation and amortization 816 3,190 2,448 9,580            
Management fee 942 887 2,587 2,786            
Operating 51 62 147 925            
Renting   64   64            
Repairs and maintenance       28,399            
Taxes and insurance 4,021 3,957 12,701 18,402            
Total Expenses 6,543 9,592 29,652 65,990            
Income Before Other Income (Expense) 17,826 15,905 35,834 6,568            
Other Income (Expense)                    
Gain on sale of real estate       306,075            
Total Other Income (Expense)       306,075            
Net (Loss) Income 17,826 $ 15,905 35,834 $ 312,643            
Ownership interest (as a percent)   50.00%   50.00%     50.00%      
Hamilton 1025 | NERA 50%                    
Other Income (Expense)                    
Proportionate share of net income (loss) $ 8,913 $ 7,952 $ 17,917 $ 156,321            
Ownership interest (as a percent) 50.00%   50.00%              
Hamilton Bay Apts                    
Revenues                    
Rental income       3,541            
Rental Income   (88)                
Total Revenues   (88)   3,541            
Expenses                    
Administrative   1,291   5,576            
Depreciation and amortization       5,420            
Management fee       145            
Operating   64                
Operating       (8)            
Repairs and maintenance       10,266            
Taxes and insurance       5,206            
Total Expenses   1,355   26,605            
Income Before Other Income (Expense)   (1,443)   (23,064)            
Other Income (Expense)                    
Interest expense       (6)            
Gain on sale of real estate       432,908            
Total Other Income (Expense)       432,902            
Net (Loss) Income   $ (1,443)   $ 409,838            
Ownership interest (as a percent)   50.00%   50.00%   50.00%        
Hamilton Bay Apts | NERA 50%                    
Other Income (Expense)                    
Proportionate share of net income (loss)   $ (723)   $ 204,918            
Hamilton Minuteman                    
Revenues                    
Rental income $ 301,865 294,454 $ 883,075 850,523            
Laundry and sundry income 1,289 425 1,915 2,560            
Total Revenues 303,154 294,879 884,990 853,083            
Expenses                    
Administrative 3,631 1,533 10,281 7,283            
Depreciation and amortization 87,214 90,045 260,994 267,546            
Management fee 12,209 11,695 35,212 33,995            
Operating 18,832 19,116 69,487 70,695            
Renting 1,690 100 7,440 2,674            
Repairs and maintenance 32,161 22,406 71,112 104,727            
Taxes and insurance 36,038 33,620 108,214 98,389            
Total Expenses 191,775 178,515 562,740 585,309            
Income Before Other Income (Expense) 111,379 116,364 322,250 267,774            
Other Income (Expense)                    
Interest expense (59,900) (59,451) (178,402) (176,056)            
Total Other Income (Expense) (59,900) (59,451) (178,402) (176,056)            
Net (Loss) Income 51,479 $ 56,913 143,848 $ 91,718            
Ownership interest (as a percent)   50.00%   50.00%       50.00%    
Hamilton Minuteman | NERA 50%                    
Other Income (Expense)                    
Proportionate share of net income (loss) $ 25,740 $ 28,456 $ 71,924 $ 45,859            
Ownership interest (as a percent) 50.00%   50.00%              
Hamilton on Main Apts                    
Revenues                    
Rental income $ 844,963 865,299 $ 2,648,277 2,553,301            
Laundry and sundry income 8,780 10,437 26,135 30,517            
Total Revenues 853,743 875,736 2,674,412 2,583,818            
Expenses                    
Administrative 13,991 16,108 43,466 51,020            
Depreciation and amortization 264,047 262,294 788,181 781,400            
Management fee 32,925 33,378 100,654 98,381            
Operating 78,199 92,863 255,794 284,679            
Renting 36,709 6,043 52,202 39,532            
Repairs and maintenance 154,828 178,777 388,818 495,863            
Taxes and insurance 114,523 106,568 346,997 313,906            
Total Expenses 695,222 696,031 1,976,112 2,064,781            
Income Before Other Income (Expense) 158,521 179,705 698,300 519,037            
Other Income (Expense)                    
Interest expense (191,453) (194,554) (574,239) (575,093)            
Total Other Income (Expense) (191,453) (194,554) (574,239) (575,093)            
Net (Loss) Income (32,932) $ (14,849) 124,061 $ (56,056)            
Ownership interest (as a percent)   50.00%   50.00%         50.00%  
Hamilton on Main Apts | NERA 50%                    
Other Income (Expense)                    
Proportionate share of net income (loss) $ (16,466) $ (7,426) $ 62,031 $ (28,028)            
Ownership interest (as a percent) 50.00%   50.00%              
Dexter Park                    
Revenues                    
Rental income $ 3,446,320 4,103,409 $ 11,676,769 12,164,375            
Laundry and sundry income 14,559 30,678 60,266 79,398            
Total Revenues 3,460,879 4,134,087 11,737,035 12,243,773            
Expenses                    
Administrative 43,664 56,202 136,437 152,119            
Depreciation and amortization 925,922 913,318 2,764,842 2,720,532            
Management fee 67,909 84,479 234,155 253,132            
Operating 248,176 234,842 778,020 834,181            
Renting 180,947 251,543 211,830 306,092            
Repairs and maintenance 582,965 524,406 1,094,213 1,088,349            
Taxes and insurance 577,282 508,026 1,716,234 1,543,795            
Total Expenses 2,626,865 2,572,816 6,935,731 6,898,200            
Income Before Other Income (Expense) 834,014 1,561,271 4,801,304 5,345,573            
Other Income (Expense)                    
Interest expense (1,267,960) (1,265,048) (3,804,746) (3,802,783)            
Total Other Income (Expense) (1,267,960) (1,265,048) (3,804,746) (3,802,783)            
Net (Loss) Income $ (433,946) $ 296,222 $ 996,558 $ 1,542,790            
Ownership interest (as a percent)   40.00%   40.00% 40.00%          
Dexter Park | NERA 50%                    
Other Income (Expense)                    
Ownership interest (as a percent) 40.00%   40.00%              
Dexter Park | NERA 40%                    
Other Income (Expense)                    
Proportionate share of net income (loss) $ (173,578) $ 118,489 $ 398,625 $ 617,116