OPERATING SEGMENTS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Segment Reporting Information [Line Items]
Rental and other property revenues	$ 29,776	$ 27,539	$ 89,200	$ 73,599
Property operating expenses	(15,413)	(14,195)	(45,295)	(35,987)
Depreciation and amortization	(6,014)	(6,555)	(17,665)	(16,305)
Gain on the sale of income producing properties		735	4,925	735
Gain on land sales	555	997	3,925	5,124
Segment operating income (loss)	4,347	2,926	14,197	10,413
Real estate assets	899,848		899,848
Commercial Properties [Member]
Segment Reporting Information [Line Items]
Rental and other property revenues	7,368	7,820	23,620	21,284
Property operating expenses	(4,500)	(4,202)	(13,953)	(11,350)
Depreciation and amortization	(2,207)	(2,326)	(6,707)	(6,417)
Mortgage and loan interest	(1,700)	(1,865)	(5,347)	(5,110)
Gain on the sale of income producing properties			(243)
Segment operating income (loss)	(1,039)	(573)	(2,630)	(1,593)
Capital expenditures	3,700	1,404	3,700	7,536
Real estate assets	149,705	159,976	149,705	159,976
Property Sales
Sales price			1,500
Cost of sale			(1,743)
Gain (loss) on sale			(243)
Apartments [Member]
Segment Reporting Information [Line Items]
Rental and other property revenues	22,408	19,672	65,578	52,215
Property operating expenses	(10,696)	(9,374)	(30,258)	(23,725)
Depreciation and amortization	(3,807)	(4,229)	(10,958)	(9,888)
Mortgage and loan interest	(6,424)	(6,299)	(18,689)	(15,664)
Gain on the sale of income producing properties		735	5,168	735
Segment operating income (loss)	1,481	505	10,841	3,673
Capital expenditures	(146)	(43)	(146)	1,712
Real estate assets	615,822	501,932	615,822	501,932
Property Sales
Sales price		11,129	8,100	11,129
Cost of sale		(10,394)	(2,932)	(10,394)
Gain (loss) on sale		735	5,168	735
Land [Member]
Segment Reporting Information [Line Items]
Property operating expenses	(209)	(349)	(1,079)	(659)
Mortgage and loan interest	(420)	(1,242)	(1,335)	(3,439)
Gain on land sales	555	997	3,925	5,124
Segment operating income (loss)	(74)	(594)	1,511	1,026
Capital expenditures	1,873	1,461	1,873	2,772
Real estate assets	134,321	153,811	134,321	153,811
Property Sales
Sales price	805	2,851	8,139	11,987
Cost of sale	(250)	(1,854)	(4,214)	(6,863)
Gain (loss) on sale	555	997	3,925	5,124
Other [Member]
Segment Reporting Information [Line Items]
Rental and other property revenues		47	2	100
Property operating expenses	(8)	(270)	(5)	(253)
Mortgage and loan interest	(5,024)	(4,144)	(13,455)	(7,740)
Interest income	4,251	2,505	11,386	9,260
Segment operating income (loss)	(781)	(1,862)	(2,072)	1,367
Total Segments [Member]
Segment Reporting Information [Line Items]
Rental and other property revenues	29,776	27,539	89,200	73,599
Property operating expenses	(15,413)	(14,195)	(45,295)	(35,987)
Depreciation and amortization	(6,014)	(6,555)	(17,665)	(16,305)
Mortgage and loan interest	(13,568)	(13,550)	(38,826)	(31,953)
Interest income	4,251	2,505	11,386	9,260
Gain on the sale of income producing properties		735	4,925	735
Gain on land sales	555	997	3,925	5,124
Segment operating income (loss)	(413)	(2,524)	7,650	4,473
Capital expenditures	5,427	2,822	5,427	12,020
Real estate assets	899,848	815,719	899,848	815,719
Property Sales
Sales price	805	13,980	17,739	23,116
Cost of sale	(250)	(12,248)	(8,889)	(17,257)
Gain (loss) on sale	$ 555	$ 1,732	$ 8,850	$ 5,859