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REAL ESTATE ACTIVITY (Details) - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Jun. 30, 2017
Real Estate [Abstract]      
Apartments $ 730,045    
Apartments under construction 152,943    
Commercial properties 202,367    
Land held for development 64,700    
Real estate subject to sales contract 43,767 $ 45,739  
Total real estate 1,193,822    
Less accumulated depreciation (184,741)    
Total real estate $ 1,009,081 $ 979,870 $ 920,829