INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Details 4) (USD $)	Jun. 30, 2013
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
3/31/2014	$ 27,517,000
3/31/2015	9,160,000
3/31/2016	267,000
3/31/2017	486,000
3/31/2018	1,709,000
Thereafter	92,532,000
Total	131,671,000
Weighted average interest rate (as a percent)	5.39%
Effective interest rate (as a percent)	5.47%
Hamilton Essex 81
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
3/31/2014	129,342
3/31/2015	137,033
3/31/2016	145,181
3/31/2017	7,880,731
Total	8,292,287
Hamilton Essex Development
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
3/31/2014	2,067,378
Total	2,067,378
345 Franklin
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
3/31/2017	177,340
3/31/2018	187,209
Thereafter	9,635,451
Total	10,000,000
Hamilton 1025
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
3/31/2014	67,037
3/31/2015	70,994
3/31/2016	74,427
3/31/2017	4,689,009
Total	4,901,467
Hamilton Bay Apartments
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
3/31/2014	68,027
3/31/2015	71,915
3/31/2016	76,024
3/31/2017	4,454,353
Total	4,670,319
Hamilton Bay Sales
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
3/31/2014	1,668,000
Total	1,668,000
Hamilton Minuteman
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
3/31/2014	73,421
3/31/2015	77,755
3/31/2016	81,510
3/31/2017	5,164,338
Total	5,397,024
Hamilton on Main
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
3/31/2014	300,942
3/31/2015	15,161,974
Total	15,462,916
Dexter Park
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
3/31/2014	1,311,782
3/31/2015	1,386,742
3/31/2016	1,465,987
3/31/2017	1,549,759
3/31/2018	1,638,319
Thereafter	80,646,542
Total	87,999,131
Total
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES
3/31/2014	5,685,930
3/31/2015	16,906,414
3/31/2016	1,843,129
3/31/2017	23,915,528
3/31/2018	1,825,528
Thereafter	90,281,993
Total	$ 140,458,522