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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Hamilton Minuteman) (Details) |  |  | 1 Months Ended | 6 Months Ended |
--- | --- | --- | --- | --- | ---
Oct. 13, 2016 USD ($) | Oct. 12, 2016 USD ($) | Sep. 30, 2004 USD ($) item | Jun. 30, 2023 USD ($) property | Jun. 30, 2022 USD ($) property | Dec. 31, 2022 USD ($)
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |
Investments in joint venture |  |  |  | $ 1,435,154 |  | $ 1,437,387
Distribution to the Partnership |  |  |  | 7,128,758 | $ 6,976,595 |
Amount of mortgage paid off |  | $ 5,158,000 |  |  |  |
Refinancing costs |  |  |  | 2,969,000 |  |
Outstanding amount of mortgage |  |  |  | $ 409,834,512 |  | $ 410,966,199
Hamilton Minuteman |  |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |
Number of units |  |  | 42 | 42 | 42 |
Purchase price of real estate properties |  |  | $ 10,100,000 |  |  |
Distribution to the Partnership | $ 385,000 |  |  |  |  |
Mortgage amount |  | $ 6,000,000 |  | $ 6,000,000 |  |
Term of debt |  | 15 years |  |  |  |
Refinancing costs | $ 123,000 |  |  | 67,173 |  |
Interest rate (as a percent) |  | 3.71% |  |  |  |
Outstanding amount of mortgage |  |  |  | $ 5,932,827 | $ 5,924,643 |
Hamilton Minuteman |  |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |
Investments in joint venture |  |  | $ 5,075,000 |  |  |
Ownership interest (as a percent) |  |  | 50.00% |  |  |
Residential buildings | Hamilton Minuteman |  |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |
Number of units | property |  |  |  | 42 | 42 |

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