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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Hamilton Minuteman) (Details) |  | 1 Months Ended | 6 Months Ended |  |  |
--- | --- | --- | --- | --- | --- | ---
Sep. 12, 2016 USD ($) | Sep. 30, 2004 USD ($) item | Jun. 30, 2024 USD ($) property | Jun. 30, 2023 USD ($) property | Dec. 31, 2023 USD ($) | Dec. 31, 2018 USD ($) | Mar. 02, 2005 USD ($)
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |  |
Investments in joint venture |  |  | $ 1,413,318 |  | $ 1,441,291 |  | $ 2,352,000
Distribution to the Partnership |  |  | 8,443,134 | $ 7,128,758 |  |  |
Amount of mortgage paid off | $ 5,158,000 |  |  |  |  |  |
Refinancing costs |  |  | $ 2,589,000 |  |  |  |
Hamilton Minuteman |  |  |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |  |
Number of units | property |  |  | 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 |  | $ 58,990 |  |  |  |
Interest rate (as a percent) | 3.71% |  |  |  |  |  |
Hamilton Minuteman |  |  |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |  |
Investments in joint venture |  | $ 5,075,000 |  |  |  |  |
Ownership interest (as a percent) |  | 50.00% |  |  |  |  |
Number of units | item |  | 42 |  |  |  |  |
Maximum | Hamilton Minuteman |  |  |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |  |
Carrying value |  |  |  |  |  | $ 0 |
Mortgages payable | Maximum |  |  |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |  |
Interest rate (as a percent) |  |  | 4.95% |  |  |  |

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