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MORTGAGE NOTES PAYABLE (Line of Credit) (Details)
12 Months Ended
Dec. 03, 2021
USD ($)
Oct. 29, 2021
USD ($)
Sep. 30, 2015
USD ($)
Jul. 31, 2014
USD ($)
Dec. 31, 2021
USD ($)
item
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
May 31, 2019
USD ($)
Line of Credit                
Interest expense         $ 13,629,463 $ 13,705,415 $ 12,201,966  
Credit line balance         0 17,000,000    
Hamilton Essex 81                
Line of Credit                
Term of debt     10 years          
Loan amount     $ 10,000,000          
Interest expense         246,339 $ 299,161 $ 466,737  
Residences at CaptainParkers LLC Residential Apartments Lexington, Massachusetts                
Line of Credit                
Loan amount               $ 20,750,000
LIBOR | Hamilton Essex 81                
Line of Credit                
Variable interest rate spread     2.18%          
Line of Credit                
Line of Credit                
Maximum borrowings   $ 25,000,000            
Maximum borrowings during modification period   $ 17,000,000            
Term of debt   3 years   3 years        
Loan amount       $ 25,000,000        
Payment on line of credit $ 17,000,000              
Amount of refinancing costs       $ 128,000        
Extension fees paid         $ 37,500      
Modification and renewal of the line of credit   $ 179,000            
Number of properties in which borrowing amount collateralized | item         23      
Commitment fee         $ 10,000      
Debt yield         8.04% 8.50%    
Line of Credit | Current covenants                
Line of Credit                
Leverage ratio   65.00%            
Tangible net worth   $ 200            
Debt yield   9.50%            
Debt service coverage ratio   1.60            
Line of Credit | Revised covenants inplace until September 30, 2022                
Line of Credit                
Leverage ratio   70.00%            
Tangible net worth   $ 175            
Debt yield   8.50%            
Debt service coverage ratio   1.35            
Line of Credit | Revised Covenants in place until December 31, 2022                
Line of Credit                
Debt yield   9.00%            
Line of Credit | Federal Funds Rate                
Line of Credit                
Variable interest rate spread       0.005%        
Line of Credit | LIBOR                
Line of Credit                
Additional applicable margin rate       2.50%        
Variable interest rate spread   300.00%   1.00%        
Line of Credit | Minimum                
Line of Credit                
Pledged interest ownership percentage         49.00%      
Commitment fee for unused amount (as a percent)         0.15%      
Line of Credit | Maximum                
Line of Credit                
Pledged interest ownership percentage         100.00%      
Commitment fee for unused amount (as a percent)         0.20%      
Residences at CaptainParkers LLC Residential Apartments Lexington, Massachusetts                
Line of Credit                
Loan amount               $ 20,750,000