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INVESTMENT IN AND ADVANCES TO UNCONSOLIDATED JOINT VENTURES - Additional Information (Details)
1 Months Ended 12 Months Ended
Apr. 30, 2012
Dec. 31, 2019
USD ($)
property
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Mar. 31, 2019
USD ($)
Mar. 22, 2013
Schedule of Equity Method Investments [Line Items]            
Distributions from operations of investment in unconsolidated joint ventures   $ 3,317,000 $ 1,250,000 $ 0    
Income (expenses) from investment   $ (14,930,000) (13,381,000) (15,291,000)    
Grace Lake JV, LLC            
Schedule of Equity Method Investments [Line Items]            
Percentage of equity kicker received with right to convert upon capital event 25.00%          
Preferred return used to determine distribution of excess cash flow   8.25%        
Percentage of distribution of all excess cash flows and all disposition proceeds upon any sale entitled after consideration of preferred return and return of equity remaining in the property to operating partner   25.00%        
Percentage of investment of operating partner   81.00%        
Distributions from operations of investment in unconsolidated joint ventures   $ 3,300,000 1,300,000      
Grace Lake JV, LLC | LP Units            
Schedule of Equity Method Investments [Line Items]            
Ownership interest           19.00%
Grace Lake JV, LLC | Limited liability company            
Schedule of Equity Method Investments [Line Items]            
Ownership interest   19.00%        
24 Second Avenue Holdings LLC            
Schedule of Equity Method Investments [Line Items]            
Income (expenses) from investment   $ 2,400,000 (900,000) (1,100,000)    
Interest costs capitalized   $ 100,000 $ 1,500,000 $ 1,300,000    
24 Second Avenue Holdings LLC | Apartment Building            
Schedule of Equity Method Investments [Line Items]            
Number of real estate properties | property   30        
24 Second Avenue Holdings LLC | Apartment Building | Real Estate Property Sold            
Schedule of Equity Method Investments [Line Items]            
Number of real estate properties, under contract | property   19        
Real estate properties, under contract   $ 49,600,000        
24 Second Avenue Holdings LLC | Other            
Schedule of Equity Method Investments [Line Items]            
Number of real estate properties | property   1        
24 Second Avenue Holdings LLC | Mezzanine Loan            
Schedule of Equity Method Investments [Line Items]            
Committed amount on credit agreement         $ 6,500,000  
24 Second Avenue Holdings LLC | Co-venturer            
Schedule of Equity Method Investments [Line Items]            
Loans payable outstanding from unconsolidated joint venture   $ 11,300,000        
24 Second Avenue Holdings LLC | Co-venturer | Construction Loan            
Schedule of Equity Method Investments [Line Items]            
Common equity interest         35,000,000.0  
Preferred equity position         35,000,000.0  
Loan refinance         50,400,000  
Committed amount on credit agreement         $ 48,100,000  
Remaining capital commitment to operating partner   $ 0