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OPERATING SEGMENTS (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Segment Reporting Information [Line Items]    
Rental and other property revenues $ 31,535 $ 28,903
Property operating expenses (15,889) (14,963)
Depreciation (6,303) (5,808)
Loss on sale of income producing properties   (244)
Gain on land sales 445 1,652
Segment operating income (loss) 5,198 4,080
Total real estate 901,882  
Property Sales    
Gain on sale   1,652
Commercial Properties [Member]    
Segment Reporting Information [Line Items]    
Rental and other property revenues 8,872 7,588
Property operating expenses (4,683) (4,858)
Depreciation (2,257) (2,273)
Mortgage and loan interest (1,606) (1,950)
Loss on sale of income producing properties   (244)
Segment operating income (loss) 326 (1,737)
Capital expenditures 1,343 976
Total real estate 148,115 150,680
Property Sales    
Sales price   1,500
Cost of sale   (1,744)
Gain on sale   (244)
Apartments [Member]    
Segment Reporting Information [Line Items]    
Rental and other property revenues 22,660 21,315
Property operating expenses (10,745) (9,394)
Depreciation (4,046) (3,535)
Mortgage and loan interest (6,759) (6,157)
Segment operating income (loss) 1,110 2,229
Total real estate 635,845 558,721
Land [Member]    
Segment Reporting Information [Line Items]    
Property operating expenses (159) (731)
Mortgage and loan interest (551) (530)
Gain on land sales 445 1,652
Segment operating income (loss) (265) 391
Capital expenditures 399 770
Total real estate 117,922 136,076
Property Sales    
Sales price 1,089 4,180
Cost of sale (644) (2,528)
Gain on sale 445 1,652
Other [Member]    
Segment Reporting Information [Line Items]    
Rental and other property revenues 3  
Property operating expenses (302) 20
Mortgage and loan interest (6,251) (4,529)
Interest income 3,421 3,847
Segment operating income (loss) (3,129) (662)
Total Segments [Member]    
Segment Reporting Information [Line Items]    
Rental and other property revenues 31,535 28,903
Property operating expenses (15,889) (14,963)
Depreciation (6,303) (5,808)
Mortgage and loan interest (15,167) (13,166)
Interest income 3,421 3,847
Loss on sale of income producing properties   (244)
Gain on land sales 445 1,652
Segment operating income (loss) (1,958) 221
Capital expenditures 1,742 1,746
Total real estate 901,882 845,477
Property Sales    
Sales price 1,089 5,680
Cost of sale (644) (4,272)
Gain on sale $ 445 $ 1,408