NOTES PAYABLE (Details) $ in Thousands	Sep. 30, 2016 USD ($)
Notes Payable	$ 820,909
Accrued Interest	2,550
Total Debt	823,459
Unamortized deferred borrowing costs	(19,510)
Apartments [Member]
Notes Payable	549,744
Accrued Interest	1,530
Total Debt	551,274
Commercial [Member]
Notes Payable	109,139
Accrued Interest	499
Total Debt	109,638
Land [Member]
Notes Payable	30,938
Accrued Interest	117
Total Debt	31,055
Real Estate Held for Sale [Member]
Notes Payable	376
Total Debt	376
Real Estate Subject To Sales Contract [Member]
Notes Payable	5,345
Accrued Interest	470
Total Debt	5,815
Mezzanine Financing [Member]
Notes Payable	136,400
Accrued Interest	(66)
Total Debt	136,334
Other [Member]
Notes Payable	8,477
Total Debt	8,477
Total Notes Payable [Member]
Notes Payable	840,419
Accrued Interest	2,550
Total Debt	842,969
Unamortized deferred borrowing costs	$ (19,510)