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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Income) (Details) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Oct. 28, 2009
Mar. 02, 2005
Sep. 30, 2004
Aug. 31, 2004
Nov. 30, 2001
Revenues              
Rental income $ 16,460,006 $ 14,980,116          
Laundry and sundry income 120,403 108,673          
Total Revenues 16,580,409 15,088,789          
Expenses              
Administrative 707,786 652,186          
Depreciation and amortization 4,020,768 3,905,918          
Management fee 673,084 605,391          
Operating 2,676,208 2,045,968          
Renting 169,389 261,966          
Repairs and maintenance 2,279,651 1,970,087          
Taxes and insurance 2,276,573 2,252,134          
Total Expenses 12,803,459 11,693,650          
Income Before Other Income (Expense) 3,776,950 3,395,139          
Other Income (Expense)              
Interest expense (3,454,635) (3,364,170)          
Interest income 34 21          
Total Other Income (Expense) (3,434,532) (3,689,319)          
Net (Loss) Income $ 342,418 (294,180)          
NERA 50%              
Other Income (Expense)              
Ownership interest (as a percent) 50.00%            
NERA 40%              
Other Income (Expense)              
Ownership interest (as a percent) 40.00%            
Investment Properties              
Revenues              
Rental income $ 5,553,845 4,758,898          
Laundry and sundry income 43,132 39,330          
Total Revenues 5,596,977 4,798,228          
Expenses              
Administrative 100,086 91,579          
Depreciation and amortization 1,490,900 1,488,677          
Management fee 161,700 127,249          
Operating 587,842 500,667          
Renting 92,439 163,187          
Repairs and maintenance 594,380 670,571          
Taxes and insurance 908,845 871,787          
Total Expenses 3,936,192 3,913,717          
Income Before Other Income (Expense) 1,660,785 884,511          
Other Income (Expense)              
Interest expense (1,659,930) (1,662,666)          
Total Other Income (Expense) (1,659,930) (1,662,666)          
Net (Loss) Income 855 (778,155)          
Proportionate share of net income (loss) 20,069 (325,170)          
Investment Properties | NERA 50%              
Other Income (Expense)              
Proportionate share of net income (loss) 98,647 (69,534)          
Investment Properties | NERA 40%              
Other Income (Expense)              
Proportionate share of net income (loss) (78,578) (255,636)          
Hamilton Essex 81              
Revenues              
Rental income 441,716 230,217          
Laundry and sundry income 5,526 3,013          
Total Revenues 447,242 233,230          
Expenses              
Administrative 4,774 14,556          
Depreciation and amortization 119,185 118,942          
Management fee 18,485 5,260          
Operating 52,973 29,432          
Renting 5,627 32,784          
Repairs and maintenance 34,929 52,547          
Taxes and insurance 66,461 65,539          
Total Expenses 302,434 319,060          
Income Before Other Income (Expense) 144,808 (85,830)          
Other Income (Expense)              
Interest expense (62,230) (61,312)          
Total Other Income (Expense) (62,230) (61,312)          
Net (Loss) Income 82,578 $ (147,142)          
Ownership interest (as a percent)   50.00%          
Hamilton Essex 81 | NERA 50%              
Other Income (Expense)              
Proportionate share of net income (loss) $ 41,289 $ (73,571)          
Ownership interest (as a percent) 50.00%            
Hamilton Essex Development              
Revenues              
Rental income $ 86,103            
Total Revenues 86,103            
Expenses              
Administrative 750 853          
Depreciation and amortization 2,927 5,074          
Management fee 3,317            
Taxes and insurance 15,990 14,885          
Total Expenses 22,984 20,812          
Income Before Other Income (Expense) 63,119 (20,812)          
Other Income (Expense)              
Net (Loss) Income 63,119 $ (20,812)          
Ownership interest (as a percent)   50.00%          
Hamilton Essex Development | NERA 50%              
Other Income (Expense)              
Proportionate share of net income (loss) $ 31,559 $ (10,406)          
Ownership interest (as a percent) 50.00%            
345 Franklin              
Revenues              
Rental income $ 346,820 333,093          
Laundry and sundry income   112          
Total Revenues 346,820 333,205          
Expenses              
Administrative 11,524 4,803          
Depreciation and amortization 86,413 85,345          
Management fee 13,803 12,412          
Operating 21,893 13,521          
Renting 10,160 14,328          
Repairs and maintenance 54,531 23,278          
Taxes and insurance 43,724 43,670          
Total Expenses 242,048 197,357          
Income Before Other Income (Expense) 104,772 135,848          
Other Income (Expense)              
Interest expense (88,437) (90,643)          
Total Other Income (Expense) (88,437) (90,643)          
Net (Loss) Income 16,335 $ 45,205          
Ownership interest (as a percent)   50.00%         50.00%
345 Franklin | NERA 50%              
Other Income (Expense)              
Proportionate share of net income (loss) $ 8,168 $ 22,602          
Ownership interest (as a percent) 50.00%            
Hamilton 1025              
Revenues              
Rental income $ 24,369 24,369          
Total Revenues 24,369 24,369          
Expenses              
Administrative 651 714          
Depreciation and amortization 816 816          
Management fee 958 628          
Operating 1,172 91          
Taxes and insurance 4,408 4,797          
Total Expenses 8,005 7,046          
Income Before Other Income (Expense) 16,364 17,323          
Other Income (Expense)              
Net (Loss) Income 16,364 $ 17,324          
Ownership interest (as a percent)   50.00%   50.00%      
Hamilton 1025 | NERA 50%              
Other Income (Expense)              
Proportionate share of net income (loss) $ 8,182 $ 8,661          
Ownership interest (as a percent) 50.00%            
Hamilton Minuteman              
Revenues              
Rental income $ 293,738 284,524          
Laundry and sundry income   1,276          
Total Revenues 293,738 285,800          
Expenses              
Administrative 2,350 3,583          
Depreciation and amortization 83,960 84,025          
Management fee 11,393 11,296          
Operating 55,585 34,596          
Renting 3,802 360          
Repairs and maintenance 16,213 19,405          
Taxes and insurance 37,727 34,976          
Total Expenses 211,030 188,241          
Income Before Other Income (Expense) 82,708 97,559          
Other Income (Expense)              
Interest expense (58,739) (58,625)          
Total Other Income (Expense) (58,739) (58,625)          
Net (Loss) Income 23,969 $ 38,934          
Ownership interest (as a percent)   50.00%     50.00%    
Hamilton Minuteman | NERA 50%              
Other Income (Expense)              
Proportionate share of net income (loss) $ 11,985 $ 19,466          
Ownership interest (as a percent) 50.00%            
Hamilton on Main Apts              
Revenues              
Rental income $ 890,382 816,812          
Laundry and sundry income 10,551 8,777          
Total Revenues 900,933 825,589          
Expenses              
Administrative 24,520 20,219          
Depreciation and amortization 268,464 269,915          
Management fee 37,373 32,375          
Operating 108,690 124,933          
Renting 14,989 30,760          
Repairs and maintenance 133,918 122,446          
Taxes and insurance 130,669 110,134          
Total Expenses 718,623 710,782          
Income Before Other Income (Expense) 182,310 114,807          
Other Income (Expense)              
Interest expense (187,378) (187,378)          
Total Other Income (Expense) (187,378) (187,378)          
Net (Loss) Income (5,068) $ (72,571)          
Ownership interest (as a percent)   50.00%       50.00%  
Hamilton on Main Apts | NERA 50%              
Other Income (Expense)              
Proportionate share of net income (loss) $ (2,535) $ (36,286)          
Ownership interest (as a percent) 50.00%            
Dexter Park              
Revenues              
Rental income $ 3,470,717 3,069,883          
Laundry and sundry income 27,055 26,152          
Total Revenues 3,497,772 3,096,035          
Expenses              
Administrative 55,517 46,851          
Depreciation and amortization 929,135 924,560          
Management fee 76,371 65,278          
Operating 347,529 298,094          
Renting 57,861 84,955          
Repairs and maintenance 354,789 452,895          
Taxes and insurance 609,866 597,786          
Total Expenses 2,431,068 2,470,419          
Income Before Other Income (Expense) 1,066,704 625,616          
Other Income (Expense)              
Interest expense (1,263,146) (1,264,708)          
Total Other Income (Expense) (1,263,146) (1,264,708)          
Net (Loss) Income (196,442) $ (639,092)          
Ownership interest (as a percent)   40.00% 40.00%        
Dexter Park | NERA 40%              
Other Income (Expense)              
Proportionate share of net income (loss) $ (78,578) $ (255,636)          
Ownership interest (as a percent) 40.00%