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RENTAL PROPERTIES (Details)
12 Months Ended
Jul. 14, 2023
USD ($)
item
Dec. 31, 2023
USD ($)
ft²
item
property
Dec. 31, 2022
USD ($)
property
Dec. 31, 2021
property
Rental properties        
Total fixed assets   $ 440,496,897 $ 400,703,910  
Less: Accumulated depreciation   (170,691,951) (159,627,479)  
Total fixed assets, net   269,804,946 241,076,431  
South End neighborhood of Boston, MA        
RENTAL PROPERTIES        
Number of units | item 52      
Rental properties        
Purchase price of real estate properties $ 27,500,000      
Closing Costs $ 81,000      
Land, improvements and parking lots        
Rental properties        
Total fixed assets   $ 99,162,143 87,405,897  
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   $ 277,986,334 256,035,191  
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   $ 16,137,828 14,347,212  
Kitchen cabinets | Minimum        
Rental properties        
Useful Life   5 years    
Kitchen cabinets | Maximum        
Rental properties        
Useful Life   10 years    
Carpets        
Rental properties        
Total fixed assets   $ 13,127,838 12,047,573  
Carpets | Minimum        
Rental properties        
Useful Life   5 years    
Carpets | Maximum        
Rental properties        
Useful Life   10 years    
Air conditioning        
Rental properties        
Total fixed assets   $ 500,000 501,697  
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   $ 568,716 553,140  
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   $ 1,090,604 1,090,604  
Swimming pools | Minimum        
Rental properties        
Useful Life   10 years    
Swimming pools | Maximum        
Rental properties        
Useful Life   30 years    
Equipment        
Rental properties        
Total fixed assets   $ 21,348,556 18,716,758  
Equipment | Minimum        
Rental properties        
Useful Life   5 years    
Equipment | Maximum        
Rental properties        
Useful Life   30 years    
Motor vehicles        
Rental properties        
Total fixed assets   $ 232,954 171,519  
Useful Life   5 years    
Fences        
Rental properties        
Total fixed assets   $ 91,620 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   $ 8,365,039 $ 7,902,182  
Furniture and fixtures | Minimum        
Rental properties        
Useful Life   5 years    
Furniture and fixtures | Maximum        
Rental properties        
Useful Life   7 years    
Wholly owned properties        
RENTAL PROPERTIES        
Number of properties | property   31    
Investment Properties        
RENTAL PROPERTIES        
Number of units | property   690 865 865
NERA 40%        
RENTAL PROPERTIES        
Ownership interest (as a percent)   40.00% 40.00% 40.00%
NERA 50%        
RENTAL PROPERTIES        
Ownership interest (as a percent)   50.00% 50.00% 50.00%
Residential and mixed-use properties | Wholly owned properties        
RENTAL PROPERTIES        
Number of units | item   2,943    
Number of properties | property   27    
Residential and mixed-use properties | Partially owned properties        
RENTAL PROPERTIES        
Number of units | item   688    
Rental properties        
Area of property (in square feet) | ft²   12,500    
Residential and mixed-use properties | Investment Properties | Partially owned properties        
RENTAL PROPERTIES        
Number of properties | item   7    
Residential and mixed-use properties | Limited Partnerships | Partially owned properties        
RENTAL PROPERTIES        
Number of properties | item   7    
Residential and mixed-use properties | NERA 40% | Partially owned properties | Minimum        
RENTAL PROPERTIES        
Ownership interest (as a percent)   40.00%    
Residential and mixed-use properties | NERA 50% | Partially owned properties | Maximum        
RENTAL PROPERTIES        
Ownership interest (as a percent)   50.00%    
Condominium | Wholly owned properties        
RENTAL PROPERTIES        
Number of units | item   19    
Number of properties | property   1    
Commercial        
RENTAL PROPERTIES        
Number of properties | property   2    
Commercial | Wholly owned properties        
RENTAL PROPERTIES        
Number of properties | property   4    
Rental properties        
Area of property (in square feet) | ft²   130,000    
Commercial | Investment Properties        
RENTAL PROPERTIES        
Number of units | property   3 3 3