NOTES AND INTEREST PAYABLE (Details) $ in Thousands	Dec. 31, 2017 USD ($)
Notes Payable	$ 890,923
Accrued Interest	3,559
Total Debt	894,482
Unamortized deferred borrowing costs	(19,234)
Apartments [Member]
Notes Payable	566,576
Accrued Interest	1,585
Total Debt	568,161
Apartments Under Construction [Member]
Notes Payable	78,683
Accrued Interest	113
Total Debt	78,796
Commercial [Member]
Notes Payable	126,955
Accrued Interest	622
Total Debt	127,577
Land [Member]
Notes Payable	16,705
Accrued Interest	200
Total Debt	16,905
Real Estate Subject To Sales Contract [Member]
Notes Payable	1,449
Accrued Interest	508
Total Debt	1,957
Mezzanine Financing [Member]
Notes Payable	110,172
Accrued Interest	453
Total Debt	110,625
Other [Member]
Notes Payable	9,617
Accrued Interest	78
Total Debt	9,695
Total Notes Payable [Member]
Notes Payable	910,157
Accrued Interest	3,559
Total Debt	913,716
Unamortized deferred borrowing costs	$ (19,234)