v3.22.2.2
PRINCIPAL BUSINESS AND ORGANIZATION (Details)
 1 Months Ended 12 Months Ended
Jul. 29, 2022
USD ($)
shares
Jun. 01, 2022
USD ($)
ft²
a
Shareholder
May 06, 2022
USD ($)
Company
Land
shares
Oct. 31, 2020
shares
Oct. 31, 2019
shares
Dec. 31, 2016
shares
Oct. 31, 2016
shares
Mar. 31, 2022
shares
Mar. 31, 2021
Building
Company
Jun. 30, 2022
USD ($)
Company
$ / shares
shares
Jun. 30, 2021
$ / shares
shares
Jan. 25, 2022
Oct. 04, 2021
Apr. 13, 2021
USD ($)
$ / shares
Common Stock Disclosures [Abstract]                            
Total shares authorized for issue (in shares) | shares                   100,000,000        
Common stock, authorized (in shares) | shares                   80,000,000 80,000,000      
Common stock, par value (in dollars per share) | $ / shares                   $ 0.0001 $ 0.0001      
Preferred stock, shares authorized (in shares) | shares                   20,000,000 20,000,000      
Preferred stock, par value (in dollars per share) | $ / shares                   $ 0.0001 $ 0.0001      
Common stock, Initial public offering (in shares) | shares         15,000,000 15,000,000 5,000,000              
Number of operating companies | Company                 2          
Number of residential apartment buildings to acquire and operate | Building                 2          
Shares issued (in shares) | shares       504,091.15             21,720      
Portfolio risk concentration, percentage                   20.00%        
Proceeds from public offerings                   $ 139,290,000        
Proceeds from dividend reinvestment plan                   12,550,000        
Payment to repurchase shares                   $ 11,650,000        
Hollywood Hillview [Member]                            
Common Stock Disclosures [Abstract]                            
Percentage of economic interest acquired                         90.00%  
Remaining percentage of economic interest                         10.00%  
PT Hillview [Member]                            
Common Stock Disclosures [Abstract]                            
Operating Partnership, ownership interest                         100.00%  
MacKenzie-BAA IG Shoreline, LLC [Member]                            
Common Stock Disclosures [Abstract]                            
Percentage of economic interest acquired                       98.00%    
Remaining percentage of economic interest                       2.00%    
Operating Partnership [Member]                            
Common Stock Disclosures [Abstract]                            
Operating Partnership, ownership interest                   10.48%        
Equity Investors Member Units [Member] | Madison [Member]                            
Common Stock Disclosures [Abstract]                            
Ownership percentage of equity investors                 98.45%          
Joint venture partners own percentage                 1.55%          
Equity Investors Member Units [Member] | PVT [Member]                            
Common Stock Disclosures [Abstract]                            
Ownership percentage of equity investors                 98.75%          
Joint venture partners own percentage                 1.25%          
FSP Satellite Place [Member]                            
Common Stock Disclosures [Abstract]                            
Rentable Space | ft²   134,785                        
Area of Land Rentable Space Located | a   10                        
Number of shareholders exception for cash payment | Shareholder   2                        
Wiseman Company LLC [Member]                            
Common Stock Disclosures [Abstract]                            
Number of operating companies | Company     8                      
Percentage of economic interest acquired     100.00%                      
Number of parcel entitled land acquired | Land     1                      
Purchase price of interests acquired     $ 17,325,000                      
Purchase price of parcel entitled land acquired     3,050,000                      
Purchase price paid through issuance of shares     4,650,000                      
Purchase price of parcel entitled land paid through issuance of shares     $ 750,000                      
Number of active partnerships | Company                   9        
Period for right to acquire each property at pre-determined prices in following years                   2 years        
First & Main, LP [Member] | Subsequent Event [Member]                            
Common Stock Disclosures [Abstract]                            
Purchase price of interests acquired $ 3,376,322                          
Purchase price paid through issuance of shares $ 2,711,377                          
Common Stock [Member]                            
Common Stock Disclosures [Abstract]                            
Common stock, Initial public offering (in shares) | shares                   3,172.39        
Shares issued (in shares) | shares               212   3,172        
Common Stock [Member] | FSP Satellite Place [Member]                            
Common Stock Disclosures [Abstract]                            
Payments to acquire economic interest   $ 27,503                        
Preferred Stock [Member]                            
Common Stock Disclosures [Abstract]                            
Shares issued (in shares) | shares                   119,380        
Preferred Stock [Member] | Operating Partnership [Member]                            
Common Stock Disclosures [Abstract]                            
Preferred stock, par value (in dollars per share) | $ / shares                   $ 25        
Operating Partnership shares owned (in shares) | shares                   206,666.67        
Operating Partnership shares, amount entitled to receive                   $ 5,166,666.75        
Preferred Stock [Member] | FSP Satellite Place [Member]                            
Common Stock Disclosures [Abstract]                            
Payments to acquire economic interest   $ 13,752                        
Preferred Stock [Member] | Wiseman Company LLC [Member]                            
Common Stock Disclosures [Abstract]                            
Shares issued (in shares) | shares     206,666.67                      
Preferred Stock [Member] | First & Main, LP [Member] | Subsequent Event [Member]                            
Common Stock Disclosures [Abstract]                            
Shares issued (in shares) | shares 120,505.66                          
Series A Preferred Stock [Member]                            
Common Stock Disclosures [Abstract]                            
Preferred stock, authorized amount                           $ 50,000,000
Preferred stock initial offering price (in dollars per share) | $ / shares                           $ 25
Proceeds from public offerings                   $ 2,960,000        
Class A [Member] | Operating Partnership [Member]                            
Common Stock Disclosures [Abstract]                            
Common stock, par value (in dollars per share) | $ / shares                   $ 10.25        
Operating Partnership shares owned (in shares) | shares                   89,722.28        
Class A [Member] | Wiseman Company LLC [Member]                            
Common Stock Disclosures [Abstract]                            
Shares issued (in shares) | shares     77,881.62