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COMMITMENTS AND CONTINGENCIES - Current Minimum Annual Payments under Leases (Details) - USD ($)
Feb. 28, 2017
Jun. 30, 2016
Jun. 30, 2015
Operating Leased Assets [Line Items]      
2015 (six months ending December 31, 2015)     $ 1,331,000
2016 [1]     2,682,000
2017 [2]     2,686,000
2018     2,686,000
2019     2,686,000
Thereafter     23,856,000
Total     $ 35,927,000
Scenario, Forecast | The Land Mark at One Market      
Operating Leased Assets [Line Items]      
Stated monthly lease rate   $ 162,140  
Scenario, Forecast | Waikiki Beach Walk      
Operating Leased Assets [Line Items]      
Stated monthly lease rate $ 61,690    
[1] Lease payments on The Landmark at One Market lease will be equal to fair rental value from July 2016 through the end of the options lease term. In the table, we have shown the option lease payments for this period based on the stated rate for the month of June 2016 of $162,140.
[2] Lease payments on the Waikiki Beach Walk lease will be equal to fair rental value from March 2017 through the end of the lease term. In the table, we have shown the lease payments for this period based on the stated rate for the month of February 2017 of $61,690.