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MORTGAGE NOTES PAYABLE (Details Textual) (USD $)
12 Months Ended 1 Months Ended 1 Months Ended 12 Months Ended 1 Months Ended
Jun. 30, 2014
Jun. 30, 2014
New Jersey [Member]
Aug. 31, 2012
Two Mortgages On Two Properties [Member]
Aug. 31, 2012
Four Mortgages On Four Properties [Member]
Apr. 30, 2014
Office Building [Member]
Jun. 30, 2014
Office Building [Member]
Jul. 31, 2013
Apartment Building [Member]
Jun. 30, 2014
Mezzanine Loan [Member]
Jun. 30, 2014
Mortgage Loans [Member]
May 31, 2013
Two Hundred And Sixty Four Unit Apartment [Member]
Nov. 30, 2012
Three Hundred And Fifghty Eight Unit Apartment [Member]
Sep. 30, 2012
Two Unit Apartment [Member]
Jul. 31, 2012
One Hundred And Fifty One Unit Apartment [Member]
Debt Disclosure [Line Items]                          
Mortgage Loans on Real Estate, Face Amount of Mortgages   $ 2,740,000 $ 1,583,000 $ 1,243,000 $ 1,100,000   $ 500,000 $ 20,000,000 $ 97,000,000        
Mortgage Loan On Real Estate Final Maturity Period   8 years 30 years 30 years 3 years   30 years     10 years 10 years 30 years 10 years
Mortgage Loans On Real Estate Loan Amortization Period     30 years 30 years           30 years 30 years   25 years
Mortgage Loans on Real Estate     1,650,000 1,285,000 526,000 992,000 466,000     6,045,000 19,500,000 400,000 10,780,000
Mortgage Loans on Real Estate, Interest Rate   4.51% 3.85% 4.25% 3.25%   3.50% 9.75% 5.28% 4.05% 3.73% 4.25% 3.51%
Mortgage Loans on Real Estate, New Mortgage Loans                   5,671,000 17,509,000 388,000 9,010,000
Proceeds From Issuance Of Mortgage Notes Payable On Real Estate                     529,000   1,513,000
Mortgage Loans on Real Estate, Periodic Payment Terms The term of the Mortgage Loan is 10 years with interest only due in the first three years and equal monthly principal and interest payments based upon a 30 year amortization schedule for the remaining seven years of the Mortgage Loan term.                        
Proceeds from Mortgage Deposits         $ 556,000                
Maturity Date   August 2022 September 2042 September 2042 May 2017   July 2043 January 1, 2024 January 1, 2024 May 2023 December 2022 September 2042 August 2022