INVESTMENT IN REAL ESTATE, NET (Details Textual) (USD $)	3 Months Ended		3 Months Ended		3 Months Ended
	Sep. 30, 2012 New Jersey [Member]	Jul. 31, 2012 New Jersey [Member]	Sep. 30, 2012 California Two Properties [Member]	Aug. 31, 2012 California Two Properties [Member]	Sep. 30, 2012 California Four Properties [Member]	Aug. 31, 2012 California Four Properties [Member]
Short-term Debt, Refinanced, Amount	$ 9,010,000		$ 1,583,000		$ 1,628,000
Short-term Debt		10,780,000		1,650,000		1,685,000
Short-term Debt, Percentage Bearing Fixed Interest Rate		3.51%		3.85%		4.25%
Short Term Debt Refinanced Amount Net	$ 1,513,000
Debt Instrument, Interest Rate Terms	The interest rate on the new loan is fixed at 3.51% per annum for ten years, with monthly principal and interest payments based on a 25-year amortization schedule.		The interest rate on the two loans is fixed at 3.85% for the first five years and variable thereafter, with monthly principal and interest payments based on a 30-year amortization schedule.		The interest rate on the two loans is fixed at 4.25% for the first five years and variable thereafter, with monthly principal and interest payments based on a 30-year amortization schedule.
Notes Maturity Period	August 2022		September 2042		September 2042
Mortgage Loans On Real Estate Mortgage Period	10 years		30 years		30 years
Mortgage Loans On Real Estate Amortizing Period	25 years		30 years		30 years