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Loans and Mortgages Payable (Details Narrative) - USD ($)
12 Months Ended
Dec. 18, 2018
Nov. 30, 2018
Nov. 29, 2018
Nov. 28, 2018
Jul. 13, 2018
Dec. 22, 2017
Aug. 28, 2017
May 31, 2017
Jan. 20, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Percentage of margin loan interest rate                   2.75% 2.00%  
Outstanding on margin loan                   $ 31,975,086 $ 37,157,467  
Number of coverage ratio, description                   The Company must maintain a coverage ratio of approximately 2 times.    
Weighted average interest rate                   4.30% 4.20%  
Weighted average interest rate, effect of unamortized debt issuance costs                   4.30% 4.30%  
Mortgage loan                   $ 331,093,063 $ 304,895,117  
Weighted average loan maturity term                   6 years 3 months 19 days 6 years 10 months 25 days  
Mortgage loans on real estate, carrying amount                   $ 614,306,362 $ 538,249,737  
Accumulated capitalized interest costs                   $ 1,036,307 $ 500,859 $ 359,906
Meadows of Perrysburg [Member]                        
Line of credit facility, maturity date Oct. 06, 2023                      
Interest rate on mortgage 5.4125%                      
Mortgage loan $ 3,000,000                      
Perrysburg Estates [Member]                        
Line of credit facility, maturity date Sep. 06, 2025                      
Interest rate on mortgage 4.98%                      
Mortgage loan $ 1,600,000                      
Minimum [Member]                        
Interest rate on mortgage                   3.71%    
Maximum [Member]                        
Interest rate on mortgage                   6.50%    
Automotive Loans [Member]                        
Weighted average interest rate                   4.43%    
Bank automotive loans                   $ 2,361,066    
Mortgage Loan [Member]                        
Line of credit facility, maturity date           Jan. 01, 2023            
Interest rate on mortgage           6.35%            
Mortgage loan           $ 2,418,000            
OceanFirst Bank [Member]                        
Line of credit facility, maximum borrowing capacity                   $ 10,000,000    
Interest rate of line of credit                   5.50% 4.75%  
Lines of credit                   $ 4,000,000    
Line of credit facility, maturity date                   Jun. 01, 2020    
Line of credit facility interest rate, description                   Interest was reduced from prime plus 50 basis points to prime plus 25 basis points.    
Revolving Credit Facility [Member]                        
Lines of credit                   $ 15,928,350 $ 2,239,315  
Weighted average interest rate                   7.04% 6.74%  
Unsecured Revolving Credit Facility [Member]                        
Line of credit facility, maximum borrowing capacity     $ 125,000,000                  
Lines of credit                   $ 50,000,000 $ 35,000,000  
Line of credit facility, maturity date     Nov. 29, 2022                  
Line of credit facility interest rate, description     Interest rates on borrowings are based on the Company's overall leverage ratio and decreased from LIBOR plus 1.75% to 2.50% or BMO's prime lending rate plus 0.75% to 1.50%, at the Company's option, to LIBOR plus 1.50% to 2.20%, or BMO's prime lending rate plus 0.50% to 1.20%. Based on the Company's current leverage ratio, borrowings under the Facility will bear interest at LIBOR plus 1.60% or at BMO's prime lending rate plus 0.60%.                  
Line of credit facility, available borrowings     $ 75,000,000                  
Line of credit accordion feature     $ 50,000,000                  
Borrowing capacity, description     The Facility is syndicated with two banks led by BMO Capital Markets Corp. ("BMO"), as sole lead arranger and sole book runner, with Bank of Montreal as administrative agent, and includes JPMorgan Chase Bank, N.A. ("J.P. Morgan") as the sole syndication agent. The Amendment provides for an increase from $50 million in available borrowings to $75 million in available borrowings with a $50 million accordion feature, bringing the total potential availability up to $125 million, subject to certain conditions including obtaining commitments from additional lenders. The Amendment also extends the maturity date of the Facility from March 27, 2020 to November 29, 2022, with a one-year extension available at the Company's option, subject to certain conditions including payment of an extension fee. Availability under the Facility is limited to 60% of the value of the unencumbered communities which the Company has placed in the Facility's unencumbered asset pool ("Borrowing Base"). The Amendment increased the value of the Borrowing Base communities by reducing the capitalization rate applied to the Net Operating Income ("NOI") generated by the communities in the Borrowing Base from 7.5% to 7.0%.                  
LIBOR [Member] | Unsecured Revolving Credit Facility [Member]                        
Lines of credit, interest rate                   1.60%    
LIBOR [Member] | Unsecured Revolving Credit Facility [Member] | Minimum [Member]                        
Lines of credit, interest rate     1.50% 1.75%                
LIBOR [Member] | Unsecured Revolving Credit Facility [Member] | Maximum [Member]                        
Lines of credit, interest rate     2.20% 2.50%                
Prime Rate [Member] | Unsecured Revolving Credit Facility [Member]                        
Lines of credit, interest rate                   0.60%    
Prime Rate [Member] | Unsecured Revolving Credit Facility [Member] | Minimum [Member]                        
Lines of credit, interest rate     0.50% 0.75%                
Prime Rate [Member] | Unsecured Revolving Credit Facility [Member] | Maximum [Member]                        
Lines of credit, interest rate     1.20% 1.50%                
21st Mortgage Corporation [Member]                        
Interest rate on mortgage                   6.99%    
Mortgage loans term                   10 years    
Loans outstanding                   $ 373,499 421,930  
21st Mortgage Corporation [Member] | New Units [Member]                        
Origination fee                   2.00%    
21st Mortgage Corporation [Member] | Existing Units [Member]                        
Origination fee                   3.00%    
21st Mortgage Corporation [Member] | LIBOR [Member]                        
Interest rate of line of credit                   6.00%    
21st Mortgage Corporation [Member] | LIBOR [Member] | After 2 Years [Member]                        
Interest rate of line of credit                   7.75%    
Two River Community Bank [Member]                        
Lines of credit                   $ 4,000,000    
Line of credit facility, maturity date                   Oct. 30, 2019    
Interest rate on mortgage                   4.625%    
Loans outstanding                   $ 3,779,477 $ 3,969,329  
Shares of monmouth real estate investment corporation pledged as collateral                   1,000,000    
Federal Home Loan Mortgage Corporation [Member]                        
Line of credit facility, maturity date         Aug. 01, 2028              
Interest rate on mortgage         4.27%              
Mortgage loan         $ 13,442,000              
Line of credit facility, description         Principal repayments are based on a 30-year amortization schedule.              
OceanFirst Bank [Member]                        
Line of credit facility, maturity date   Nov. 29, 2028                    
Interest rate on mortgage   5.00%                    
Mortgage loan   $ 14,750,000                    
Line of credit facility, description   The interest rate will be reset after five years to the weekly average yield on U.S. Treasury Securities plus 2.25%. Principal repayments are based on a 25-year amortization schedule.                    
OceanFirst Bank [Member] | After 5 Years [Member]                        
Interest rate on mortgage   2.25%                    
Wells Fargo Bank, N.A [Member]                        
Line of credit facility, maturity date               Jun. 01, 2027 Feb. 01, 2027      
Interest rate on mortgage               4.12% 4.56%      
Mortgage loan               $ 16,800,000 $ 14,250,000      
Line of credit facility, description               Principal repayments are based on a 30-year amortization schedule. Principal repayments are based on a 30-year amortization schedule.      
Proceeds from repayment of mortgage loan paid off               $ 9,000,000        
Interest rate on mortgage that was paid off               6.175%        
Sun National Bank [Member]                        
Line of credit facility, maturity date             Aug. 01, 2027          
Interest rate on mortgage             4.18%          
Mortgage loan             $ 13,370,000          
Line of credit facility, description             Principal repayments are based on a 30-year amortization schedule.          
Proceeds from repayment of mortgage loan paid off             $ 10,000,000          
Interest rate on mortgage that was paid off             3.89%          
Sun National Bank [Member] | LIBOR [Member]                        
Lines of credit, interest rate             3.00%          
Credit Agreements to Finance Inventory Purchases [Member]                        
Line of credit facility, maximum borrowing capacity                   $ 28,500,000