FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2021

FAIR VALUE MEASUREMENTS

Schedule of carrying amounts and estimated fair value of debt

		Carrying Amount		Estimated Fair Value
Mortgage Notes Payable
Partnership Properties
At December 31, 2021	*	$	370,481,390	$	383,244,134
At December 31, 2020	*	$	283,444,533	$	303,993,142
Investment Properties
At December 31, 2021	*	$	166,203,705	$	175,881,762
At December 31, 2020	*	$	166,308,029	$	179,647,759