RELATED PARTY TRANSACTIONS (Details 1) (USD $)	3 Months Ended		9 Months Ended		60 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013
Selling commissions and dealer manager fees as an offset to additional paid-in capital incurred
Related-party costs, Incurred	$ 0	$ 188,000	$ 47,000	$ 4,342,000	$ 10,015,000
Dealer manager fees [Member]
Selling commissions and dealer manager fees as an offset to additional paid-in capital incurred
Related-party costs, Incurred	0	66,000	15,000	1,364,000	3,090,000
Selling commissions [Member]
Selling commissions and dealer manager fees as an offset to additional paid-in capital incurred
Related-party costs, Incurred	$ 0	$ 122,000	$ 32,000	$ 2,978,000	$ 6,925,000