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MORTGAGE NOTES PAYABLE (Details) (USD $)
6 Months Ended 1 Months Ended 1 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Mortgages payable
Jul. 31, 2011
Mortgages payable
Battle Green Apartments
Jun. 30, 2012
Mortgages payable
Battle Green Apartments
Jul. 27, 2011
Mortgages payable
Battle Green Apartments
Jul. 31, 2011
Mortgages payable
Battle Green Apartments
Harold Brown
Jun. 30, 2011
Mortgages payable
Battle Green Apartments
Harold Brown
Jun. 02, 2011
Mortgages payable
Battle Green Apartments
Harold Brown
Jun. 30, 2012
Mortgages payable
Minimum
Jun. 30, 2012
Mortgages payable
Weighted average
MORTGAGE NOTES PAYABLE                      
Interest rate (as a percent)         4.95%       6.00% 4.25% 5.53%
Amount of installments including principal     $ 742,000                
Effective interest rate (as a percent)     5.62%   5.07%            
Annual maturities of mortgage debt                      
2013-current maturities 19,936,000   19,936,000                
2014 29,506,000   29,506,000                
2015 9,152,000   9,152,000                
2016 189,000   189,000                
2017 199,000   199,000                
Thereafter 79,629,000   79,629,000                
Total 138,611,000   138,611,000                
Additional disclosures related to mortgages                      
Repayment of debt       3,998,573              
Borrowings       5,000,000       3,998,573      
Amortization period of debt       30 years              
Deferred financing cost associated with mortgage           100,000          
Amount returned to partnership           1,000,000          
Interest paid $ 3,900,000 $ 3,976,000         $ 38,123