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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Hamilton on Main) (Details) - USD ($) |  |  | 1 Months Ended | 12 Months Ended |  |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Mar. 08, 2024 | Sep. 12, 2016 | Aug. 31, 2024 | Aug. 31, 2014 | Aug. 31, 2004 | Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022 | Apr. 18, 2024 | Aug. 23, 2023 | Jun. 16, 2022 | Jun. 15, 2022 | Dec. 31, 2018
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |  |  |  |  |  |  |  |
Investments in joint venture |  |  |  |  |  | $ 1,417,470 | $ 1,441,291 |  |  |  |  |  |
Mortgage amount |  |  |  |  |  |  |  |  |  |  | $ 80,284,000 | $ 37,065,000 |
Outstanding amount of mortgage |  |  |  |  |  | 406,205,910 | 408,660,292 |  |  |  |  |  |
Repayment of loan |  | $ 5,158,000 |  |  |  |  |  |  |  |  |  |  |
Distribution to the Partnership |  |  |  |  |  | 11,244,559 | $ 9,954,888 | $ 9,267,981 |  |  |  |  |
Hamilton on Main Apartments, LLC |  |  |  |  |  |  |  |  |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |  |  |  |  |  |  |  |
Investments in joint venture |  |  |  |  | $ 8,000,000 |  |  |  |  |  |  |  |
Ownership interest (as a percent) |  |  |  |  | 50.00% |  |  |  |  | 50.00% |  |  |
Purchase price of real estate properties |  |  |  |  | $ 56,000,000 |  |  |  |  |  |  |  |
Number of units |  |  |  |  | 280 |  |  |  |  |  |  |  |
Number of units sold |  |  |  |  | 137 |  |  |  |  |  |  |  |
Mortgage amount |  |  |  |  |  |  |  |  |  | $ 16,900,000 |  |  |
Outstanding amount of mortgage |  |  |  |  |  | $ 23,589,000 |  |  |  |  |  |  |
Distribution to the Partnership |  |  | $ 2,000,000 | $ 850,000 |  |  |  |  |  |  |  |  |
Debt Instrument, Cost of Transfer Of Interests In Borrower | $ 107,000 |  |  |  |  |  |  |  |  |  |  |  |
Debt Instrument, Courtesy Reduction As A Percentage Of Transfer Fee |  |  |  |  |  |  |  |  | 50.00% |  |  |  |
Hamilton on Main Apartments, LLC | Mortgage, 5.18%, 2005 |  |  |  |  |  |  |  |  |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |  |  |  |  |  |  |  |
Repayment of loan |  |  |  | $ 15,205,000 |  |  |  |  |  |  |  |  |
Hamilton on Main Apartments, LLC | Mortgage, 4.34%, August 2014 |  |  |  |  |  |  |  |  |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |  |  |  |  |  |  |  |
Term of debt |  |  |  | 10 years |  |  |  |  |  |  |  |  |
Mortgage amount |  |  |  | $ 16,900,000 |  |  |  |  |  |  |  |  |
Interest rate (as a percent) |  |  |  | 4.34% |  |  |  |  |  |  |  |  |
Repayment of loan |  |  | $ 16,900,000 |  |  |  |  |  |  |  |  |  |
Closing Costs |  |  |  | $ 161,000 |  |  |  |  |  |  |  |  |
Hamilton on Main Apartments, LLC | Mortgage, 5.425%, August 2024 |  |  |  |  |  |  |  |  |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |  |  |  |  |  |  |  |
Term of debt |  |  | 10 years |  |  |  |  |  |  |  |  |  |
Mortgage amount |  |  | $ 23,589,000 |  |  |  |  |  |  |  |  |  |
Interest rate (as a percent) |  |  | 5.425% |  |  |  |  |  |  |  |  |  |
Closing Costs |  |  | $ 243,000 |  |  |  |  |  |  |  |  |  |
Maximum | Hamilton on Main Apartments, LLC |  |  |  |  |  |  |  |  |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |  |  |  |  |  |  |  |
Carrying value |  |  |  |  |  |  |  |  |  |  |  |  | $ 0

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