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RELATED PARTY TRANSACTIONS (Details)
3 Months Ended 9 Months Ended
Mar. 31, 2016
USD ($)
item
Mar. 31, 2015
USD ($)
Sep. 30, 2015
USD ($)
Sep. 30, 2014
USD ($)
RELATED PARTY TRANSACTIONS        
Management fee as percentage of gross receipts rental revenue 4.00%      
Management fee as a percentage of gross receipts rental revenue of Linewt, LLC 3.00%      
Management fees of related party $ 500,000 $ 451,000    
Management fee 500,207 450,704    
Repairs and maintenance 1,627,700 1,347,214    
Administrative expense $ 498,255 533,077    
Number of limited partnerships and limited liability companies in which the entity has invested | item 9      
Dexter Park        
RELATED PARTY TRANSACTIONS        
Management fee as percentage of gross receipts rental revenue 2.00%      
President of Management Company        
RELATED PARTY TRANSACTIONS        
Quarterly fee for asset management consulting services     $ 18,750 $ 18,750
Harold Brown | Minimum        
RELATED PARTY TRANSACTIONS        
Ownership interest (as a percent) 43.20%      
Harold Brown | Maximum        
RELATED PARTY TRANSACTIONS        
Ownership interest (as a percent) 57.00%      
General Partner or Management Company [Member]        
RELATED PARTY TRANSACTIONS        
Repairs and maintenance $ 92,000      
Administrative expense 86,000      
Commercial brokerage fees 67,000      
Expenses for construction, architectural services and supervision of capital projects 64,000      
Costs related to professional services 309,000 238,000    
Management Company [Member]        
RELATED PARTY TRANSACTIONS        
Reimbursement to related party for payroll transfers $ 712,000 $ 729,000    
Employer contributions in 401K plan     0 0
Number of accounting staff of related party providing bookkeeping and accounting functions | item 14      
Fees for accounting and bookkeeping services     $ 31,250 $ 31,250
Number of employees having ownership interest in the investment properties | item 6      
Fees for accounting and bookkeeping services per year $ 125,000      
Partially owned properties        
RELATED PARTY TRANSACTIONS        
Management fee as percentage of gross receipts rental revenue 4.00%      
Management fee $ 176,000      
Repairs and maintenance 20,000      
Administrative expense 9,000      
Construction, architectural services and supervision of capital projects 27,000      
Amount paid to related party $ 232,000      
Residential and mixed-use properties | Partially owned properties | Minimum        
RELATED PARTY TRANSACTIONS        
Ownership interest (as a percent) 40.00%      
Residential and mixed-use properties | Partially owned properties | Maximum        
RELATED PARTY TRANSACTIONS        
Ownership interest (as a percent) 50.00%