v3.25.0.1

MORTGAGE NOTES PAYABLE (Mortgages Payable) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
MORTGAGE NOTES PAYABLE
Effective interest rate (as a percent)	4.41%
Financing fees, net	$ 217,000	$ 52,000
Annual maturities of mortgage debt
2025-current maturities	3,579,000
2026	25,088,000
2027	23,328,000
2028	31,875,000
2029	28,301,000
Thereafter	296,434,000
Total	408,605,000
Less: unamortized deferred financing costs	2,399,000
Outstanding amount of mortgage	406,205,910	408,660,292
Mortgages payable
MORTGAGE NOTES PAYABLE
Amount of monthly installments including principal	$ 1,566,000
Weighted average interest rate (as a percent)	3.68%
Effective interest rate (as a percent)	3.77%
Financing fees, net	$ 2,399,000	2,779,000
Accumulated amortization on financing and leasing fees	$ 1,733,000	$ 1,353,000
Mortgages payable \| Minimum
MORTGAGE NOTES PAYABLE
Interest rate (as a percent)	2.97%
Mortgages payable \| Maximum
MORTGAGE NOTES PAYABLE
Interest rate (as a percent)	4.95%

Represents the accumulated amortization on financing and leasing fees.

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This element represents the deferred financing and leasing cost incurred by the entity during the reporting period.

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Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium.

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Contractual interest rate for funds borrowed, under the debt agreement.

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Amount of the required periodic payments including both interest and principal payments.

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Weighted average interest rate of debt outstanding.

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Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs.

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Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation.

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Amount of long-term debt payable, sinking fund requirements, and other securities issued that are redeemable by holder at fixed or determinable prices and dates maturing after the fifth rolling twelve months following the latest balance sheet. For interim and annual periods when interim periods are reported on a rolling approach, from latest balance sheet date.

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Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations (with maturities initially due after one year or beyond the operating cycle, if longer). Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower.

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NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP 10-K