NOTES PAYABLE (Details) $ in Thousands	Jun. 30, 2015 USD ($)
Notes Payable	$ 742,753
Accrued Interest	3,631
Total Debt	746,384
Unamortized deferred borrowing costs	(19,962)
Commercial [Member]
Notes Payable	117,392
Accrued Interest	494
Total Debt	117,886
Land [Member]
Notes Payable	56,917
Accrued Interest	116
Total Debt	57,033
Real Estate Subject to Sales Contract [Member]
Notes Payable	16,547
Accrued Interest	1,705
Total Debt	18,252
Mezzanine Financing [Member]
Notes Payable	$ 123,900
Accrued Interest
Total Debt	$ 123,900
Other [Member]
Notes Payable	$ 4,530
Accrued Interest
Total Debt	$ 4,530
Total Notes Payable [Member]
Notes Payable	762,715
Accrued Interest	3,631
Total Debt	766,346
Unamortized deferred borrowing costs	(19,962)
Apartments [Member]
Notes Payable	443,429
Accrued Interest	1,316
Total Debt	$ 444,745