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EARNINGS PER SHARE (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Numerator - basic and diluted        
Net income (loss) from continuing operations $ (1,133,000) $ (6,127,000) $ 1,555,000 $ (9,967,000)
Net (income) loss attributable to non-controlling interests 40,000 462,000 (206,000) 624,000
Net income (loss) attributable to common shares (1,093,000) (5,665,000) 1,349,000 (9,343,000)
Net income (loss) from discontinued operations 0 (95,000) 0 3,057,000
Net income (loss) attributable to non-controlling interests 0 3,000 0 (484,000)
Net income (loss) attributable to common shares $ (1,093,000) $ (5,757,000) $ 1,349,000 $ (6,770,000)
Denominator - basic and diluted        
Basic weighted average common shares 10,891,714 10,969,714 10,942,802 10,969,714
Effect of dilutive securities Common units [1] 0 0 0 0
Diluted weighted average common shares 10,891,714 10,969,714 10,942,802 10,969,714
Basic earnings (loss) per common share        
Net earnings (loss) from continuing operations attributable to common shares $ (0.10) $ (0.52) $ 0.12 $ (0.85)
Net earnings from discontinued operations attributable to common shares 0 (0.01) 0 0.23
Net earnings (loss) attributable to common shares (0.10) (0.53) 0.12 (0.62)
Diluted earnings (loss) per common share        
Net earnings (loss) from continuing operations attributable to common shares (0.10) (0.52) 0.12 (0.85)
Net earnings from discontinued operations attributable to common shares 0 (0.01) 0 0.23
Net earnings (loss) attributable to common shares $ (0.10) $ (0.53) $ 0.12 $ (0.62)
[1] The effect of 431,896 convertible Common Units pursuant to the redemption rights outlined in the Company’s registration statement Form S-11 have not been included as they would not be dilutive.