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COMMITMENTS AND CONTINGENCIES AND LIQUIDITY (Details Narrative) - USD ($)
$ in Thousands
1 Months Ended
Jul. 20, 2015
Dec. 31, 2016
Related Parties [Member] | Mezzanine Financing [Member]    
Guarantor - notes payable   $ 60,400
Dynex Capital, Inc. [Member]    
Description of plaintiff ART and TCI  
Description of defendant Dynex Capital Inc.  
Description of action taken by court

The Final Judgment entered against Dynex Commercial, Inc. on July 20, 2015 awarded Basic $0.256 million in damages, plus pre-judgment interest of $0.192 million for a total amount of $0.448 million. The Judgment awarded ART $14.2 million in damages, plus pre-judgment interest of $10.6 million for a total amount of $24.8 million. The Judgment awarded TCI $11.1 million, plus pre-judgment interest of $8.4 million for a total amount of $19.5 million. The Judgment also awarded Basic, ART, and TCI post-judgment interest at the rate of 5% per annum from April 25, 2014 until the date their respective damages are paid. Lastly, the Judgement awarded Basic, ART, and TCI $1.6 million collectively in attorneys’ fees from Dynex Commercial, Inc.

 
Damages - awarded amount $ 256  
Damages - pre-judgement interest 192  
Damages - total 448  
Awarded attorney fees $ 1,600  
Post-judgment interest rate 5.00%  
Unfunded loan commitment $ 160,000  
Dynex Capital, Inc. [Member] | Southern Properties Capital LTD [Member]    
Damages - awarded amount 11,100  
Damages - pre-judgement interest 8,400  
Damages - total 19,500  
Dynex Capital, Inc. [Member] | American Reality Trust, Inc. [Member]    
Damages - awarded amount 14,200  
Damages - pre-judgement interest 10,600  
Damages - total $ 24,800