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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Hamilton on Main) (Details)
1 Months Ended 3 Months Ended
Oct. 12, 2016
USD ($)
Aug. 31, 2014
USD ($)
Aug. 31, 2004
USD ($)
item
Mar. 31, 2023
USD ($)
property
Mar. 31, 2022
USD ($)
property
Dec. 31, 2022
USD ($)
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Investments in joint venture       $ 1,436,252   $ 1,437,387
Outstanding amount of mortgage       410,449,284   $ 410,966,199
Repayment of loan $ 5,158,000          
Distribution to the Partnership       $ 5,704,385 $ 5,821,134  
Hamilton on Main Apts            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Number of units     280 148 148  
Number of units sold | item     137      
Outstanding amount of mortgage       $ 16,877,261 $ 16,861,209  
Hamilton on Main Apartments, LLC            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Purchase price of real estate properties     $ 56,000,000      
Hamilton on Main Apartments, LLC            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Investments in joint venture     $ 8,000,000      
Ownership interest (as a percent)     50.00%      
NERA 50%            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Ownership interest (as a percent)       50.00% 50.00%  
Residential buildings | Hamilton on Main Apts            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Number of units | property       148 148  
Mortgages payable | Hamilton on Main Apartments, LLC            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Term of debt   10 years        
Outstanding amount of mortgage       $ 16,900,000    
Interest rate (as a percent)   4.34%        
Debt Instrument, Loan Proceeds distributed to the Partnership   $ 850,000        
Repayment of loan   15,205,000        
Cost associated with loan extension   161,000        
Borrowings   $ 16,900,000