INVESTMENT IN REAL ESTATE, NET AND NOTES PAYABLE (Details Textual) (USD $)				1 Months Ended
	Mar. 31, 2014	Jun. 30, 2013	Mar. 31, 2014 Building [Member]	Feb. 28, 2014 Apartment Building [Member]	Jul. 31, 2013 California Properties [Member]	Apr. 30, 2014 California Properties [Member] Subsequent Event [Member]
Property, Plant and Equipment [Line Items]
Short-term Debt, Refinanced, Amount					$ 466,000	$ 526,000
Short-term Debt, Total					500,000	1,100,000
Short-term Debt, Percentage Bearing Fixed Interest Rate					3.50%	3.25%
Debt Instrument, Interest Rate Terms					The interest rate on the new loan is fixed at 3.50% per annum for the first five years and variable for the remaining of the term.
Notes Maturity Period					July 2043	May 2017
Mortgage Loans On Real Estate Mortgage Period					30 years	3 years
Number Of Apartment Sold				249
Proceeds from Sale of Buildings				15,800,000
Gain Loss On Sale Of Buildings				158,000
Mortgage Notes Payable Real Estate	72,416,000	73,512,000	1,007,000
Proceeds from Notes Payable						$ 556,000