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RENTAL PROPERTIES (Details)
3 Months Ended
Mar. 31, 2021
USD ($)
item
property
Dec. 31, 2020
USD ($)
Mar. 31, 2020
property
Rental properties      
Total fixed assets $ 399,263,896 $ 398,629,793  
Less: Accumulated depreciation (137,902,138) (134,019,906)  
Total fixed assets, net 261,361,758 264,609,887  
Land, improvements and parking lots      
Rental properties      
Total fixed assets $ 86,867,393 86,867,393  
Land, improvements and parking lots | Minimum      
Rental properties      
Useful Life 15 years    
Land, improvements and parking lots | Maximum      
Rental properties      
Useful Life 40 years    
Buildings and improvements      
Rental properties      
Total fixed assets $ 253,483,082 253,322,865  
Buildings and improvements | Minimum      
Rental properties      
Useful Life 15 years    
Buildings and improvements | Maximum      
Rental properties      
Useful Life 40 years    
Kitchen cabinets      
Rental properties      
Total fixed assets $ 17,234,223 17,157,121  
Kitchen cabinets | Minimum      
Rental properties      
Useful Life 5 years    
Kitchen cabinets | Maximum      
Rental properties      
Useful Life 10 years    
Carpets      
Rental properties      
Total fixed assets $ 11,304,573 11,146,634  
Carpets | Minimum      
Rental properties      
Useful Life 5 years    
Carpets | Maximum      
Rental properties      
Useful Life 10 years    
Air conditioning      
Rental properties      
Total fixed assets $ 501,697 501,697  
Air conditioning | Minimum      
Rental properties      
Useful Life 5 years    
Air conditioning | Maximum      
Rental properties      
Useful Life 10 years    
Laundry equipment      
Rental properties      
Total fixed assets $ 608,271 608,271  
Laundry equipment | Minimum      
Rental properties      
Useful Life 5 years    
Laundry equipment | Maximum      
Rental properties      
Useful Life 7 years    
Elevators      
Rental properties      
Total fixed assets $ 1,885,265 1,885,265  
Elevators | Minimum      
Rental properties      
Useful Life 20 years    
Elevators | Maximum      
Rental properties      
Useful Life 40 years    
Swimming pools      
Rental properties      
Total fixed assets $ 1,092,194 1,092,194  
Swimming pools | Minimum      
Rental properties      
Useful Life 10 years    
Swimming pools | Maximum      
Rental properties      
Useful Life 30 years    
Equipment      
Rental properties      
Total fixed assets $ 17,750,185 17,596,043  
Equipment | Minimum      
Rental properties      
Useful Life 5 years    
Equipment | Maximum      
Rental properties      
Useful Life 30 years    
Motor vehicles      
Rental properties      
Total fixed assets $ 211,660 211,660  
Motor vehicles | Maximum      
Rental properties      
Useful Life 5 years    
Fences      
Rental properties      
Total fixed assets $ 46,871 46,872  
Fences | Minimum      
Rental properties      
Useful Life 5 years    
Fences | Maximum      
Rental properties      
Useful Life 15 years    
Furniture and fixtures      
Rental properties      
Total fixed assets $ 7,781,841 7,697,137  
Furniture and fixtures | Minimum      
Rental properties      
Useful Life 5 years    
Furniture and fixtures | Maximum      
Rental properties      
Useful Life 7 years    
Smoke alarms      
Rental properties      
Total fixed assets $ 496,641 $ 496,641  
Smoke alarms | Minimum      
Rental properties      
Useful Life 5 years    
Smoke alarms | Maximum      
Rental properties      
Useful Life 7 years    
Wholly owned properties      
RENTAL PROPERTIES      
Number of properties | item 29    
Investment Properties      
RENTAL PROPERTIES      
Number of units | property 865   865
Investment Properties | Minimum      
RENTAL PROPERTIES      
Ownership interest (as a percent) 40.00%    
Investment Properties | Maximum      
RENTAL PROPERTIES      
Ownership interest (as a percent) 50.00%    
Residential and mixed-use properties      
RENTAL PROPERTIES      
Number of units | item 2,892    
Number of properties | item 25    
Residential and mixed-use properties | Partially owned properties      
RENTAL PROPERTIES      
Number of units | item 688    
Number of properties | item 7    
Residential and mixed-use properties | Partially owned properties | Minimum      
RENTAL PROPERTIES      
Ownership interest (as a percent) 40.00%    
Residential and mixed-use properties | Partially owned properties | Maximum      
RENTAL PROPERTIES      
Ownership interest (as a percent) 50.00%    
Residential and mixed-use properties | Investment Properties | Partially owned properties      
RENTAL PROPERTIES      
Number of units | property 688    
Condominium      
RENTAL PROPERTIES      
Number of units | item 19    
Condominium | Wholly owned properties      
RENTAL PROPERTIES      
Number of units | item 19    
Number of properties | item 1