v3.26.1
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Hamilton Essex) (Details)
6 Months Ended
Sep. 30, 2025
USD ($)
Sep. 30, 2015
USD ($)
Mar. 07, 2005
USD ($)
item
Jun. 30, 2026
USD ($)
property
Jun. 30, 2025
USD ($)
property
Dec. 31, 2025
USD ($)
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Investments in joint venture       $ 1,404,791   $ 1,407,171
Refinancing costs       3,156,000    
Distribution to the Partnership       2,782,441 $ 13,999,902  
Mortgage Notes Payable       $ 526,244,604   $ 527,596,823
Hamilton Essex 81            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Number of units     48 50 49  
Number of properties in which borrowing amount collateralized | item     1      
Purchase price of real estate properties     $ 14,300,000      
Capacity of real estate property (in cars per lot) | item     50      
Refinancing costs       $ 157,220    
Basis of interest rate   one month        
Investment, Variable Interest Rate, Type [Extensible Enumeration]   nen:LiborMember        
Distribution to the Partnership   $ 978,193        
Mortgage Notes Payable       $ 12,056,780 $ 9,996,553  
Hamilton Essex 81 | Maximum            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Carrying value   $ 0        
Hamilton Essex Development            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Number of units | property       1 1  
Hamilton Essex 81            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Investments in joint venture     $ 2,000,000      
Ownership interest (as a percent)     50.00%      
Mortgages payable | Maximum            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Interest rate (as a percent)       5.99%    
Mortgages payable | Hamilton Essex 81            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Margin over basis of interest rate (as a percent)   2.18%        
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]   nen:LiborMember        
Repayment of loan $ 10,000,000          
Cash reserves       $ 2,210,000    
Mortgage amount $ 12,214,000 $ 10,000,000        
Interest rate (as a percent) 5.61%          
Refinancing costs $ 170,000          
Term of debt   10 years   10 years    
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]   nen:LiborMember        
Mortgage Notes Payable       $ 12,214,000    
Borrowings     $ 10,750,000      
Mortgages payable | Hamilton Essex Development, LLC and Hamilton Essex 81, LLC            
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES            
Repayment of loan   $ 8,040,719