NOTES AND INTEREST PAYABLE (Details) $ in Thousands	Jun. 30, 2018 USD ($)
Apartments [Member]
Notes Payable	$ 568,449
Accrued Interest	1,585
Total Debt	570,034
Apartments Under Construction [Member]
Notes Payable	118,665
Accrued Interest	31
Total Debt	118,696
Commercial [Member]
Notes Payable	125,807
Accrued Interest	616
Total Debt	126,423
Land [Member]
Notes Payable	15,855
Accrued Interest	191
Total Debt	16,046
Real Estate Subject To Sales Contract [Member]
Notes Payable	376
Total Debt	376
Mezzanine Financing [Member]
Notes Payable	93,422
Accrued Interest	509
Total Debt	93,931
Other [Member]
Notes Payable	8,487
Accrued Interest	(593)
Total Debt	7,894
Notes Payable [Member]
Notes Payable	931,061
Accrued Interest	2,339
Total Debt	933,400
Unamortized deferred borrowing costs	(17,841)
Notes Payable, Net [Member]
Notes Payable	913,220
Accrued Interest	2,339
Total Debt	915,559
Unamortized deferred borrowing costs	$ (17,841)