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ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)
$ in Thousands
12 Months Ended
Dec. 31, 2009
USD ($)
shares
Dec. 31, 2016
USD ($)
ft²
a
Number
Dec. 31, 2015
USD ($)
Number
Acres of land | a   3,139  
Area of land comprising golf course | a   96.1  
Real estate, at cost   $ 998,498 $ 935,635
Variable Interest Entity, Primary Beneficiary [Member]      
Real estate, at cost   $ 442,000 $ 457,000
Apartment Properties [Member]      
Number of apartment units | Number   8,226  
Number of properties | Number   50  
Commercial Properties [Member]      
Number of apartment units | Number     7,983
Number of properties | Number   7 48
Rentable square feet | ft²   1,700,000  
Minimum [Member]      
Percentage of ownership   20.00%  
Minimum [Member] | Buildings and Improvements [Member]      
Useful life of property, plant and equipment   10 years  
Minimum [Member] | Furniture, Fixtures and Equipment [Member]      
Useful life of property, plant and equipment   3 years  
Maximum [Member]      
Percentage of ownership   50.00%  
Maximum [Member] | Buildings and Improvements [Member]      
Useful life of property, plant and equipment   40 years  
Maximum [Member] | Furniture, Fixtures and Equipment [Member]      
Useful life of property, plant and equipment   7 years  
Southern Properties Capital LTD [Member]      
Percentage of ownership   77.60%  
Income Opportunities Realty Investors, Inc. [Member]      
Percentage of ownership   81.10%  
Shares acquired | shares 2,518,934    
Assets acquired $ 112,000    
Liabilities acquired 43,000    
Net difference of assets and liabilities $ 25,900    
Income Opportunities Realty Investors, Inc. [Member] | Minimum [Member]      
Percentage of ownership 25.00%    
Income Opportunities Realty Investors, Inc. [Member] | Maximum [Member]      
Percentage of ownership 80.00%