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OPERATING SEGMENTS (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Segment Reporting Information [Line Items]        
Rental and other property revenues $ 31,607 $ 31,302 $ 62,689 $ 62,837
Property operating expenses (15,492) (15,210) (29,947) (31,099)
Depreciation and amortization (6,522) (6,378) (12,968) (12,681)
Segment operating (loss) income 4,641 5,842 9,829 11,040
Real estate assets 1,009,081 920,829 1,009,081 920,829
Commercial Properties [Member]        
Segment Reporting Information [Line Items]        
Rental and other property revenues 7,404 8,267 14,959 17,138
Property operating expenses (4,238) (4,694) (7,986) (9,377)
Depreciation and amortization (2,323) (2,348) (4,616) (4,604)
Mortgage and loan interest (1,893) (2,121) (3,742) (3,727)
Segment operating (loss) income (1,050) (896)   (570)
Capital expenditures   555 2,725 1,898
Real estate assets 135,294 146,621 135,294 146,621
Property Sales        
Sales price 2,313   2,313  
Cost of sale (2,313)   (2,313)  
Apartments [Member]        
Segment Reporting Information [Line Items]        
Rental and other property revenues 24,201 23,030 47,726 45,691
Property operating expenses (11,199) (10,211) (21,782) (20,956)
Depreciation and amortization (4,195) (4,030) (8,344) (8,077)
Mortgage and loan interest (5,342) (5,028) (10,798) (11,787)
Segment operating (loss) income 3,465 3,761 6,802 4,871
Capital expenditures 2,092      
Real estate assets 764,672 656,455 764,672 656,455
Property Sales        
Sales price     8,512  
Cost of sale     (8,512)  
Land [Member]        
Segment Reporting Information [Line Items]        
Property operating expenses (55) (155) (84) (314)
Mortgage and loan interest 148 (310) 36 (860)
Gain on land sales     1,335  
Loss on land sales   (476)   (31)
Segment operating (loss) income 93 (941) 1,287 (1,205)
Capital expenditures   186   585
Real estate assets 108,467 117,753 108,467 117,753
Property Sales        
Sales price   507 2,984 1,596
Cost of sale   (983) (1,649) (1,627)
Gain (loss) on sale   (476) 1,335 (31)
Other [Member]        
Segment Reporting Information [Line Items]        
Rental and other property revenues 2 5 4 8
Property operating expenses   (150) (95) (452)
Depreciation and amortization (4)   (8)  
Mortgage and loan interest (7,088) (8,324) (13,764) (14,599)
Interest income 3,544 3,709 7,420 7,130
Segment operating (loss) income (3,546) (4,760) (6,443) (7,913)
Real estate assets 648   648  
Total Segments [Member]        
Segment Reporting Information [Line Items]        
Rental and other property revenues 31,607 31,302 62,689 62,837
Property operating expenses (15,492) (15,210) (29,947) (31,099)
Depreciation and amortization (6,522) (6,378) (12,968) (12,681)
Mortgage and loan interest (14,175) (15,783) (28,268) (30,973)
Interest income 3,544 3,709 7,420 7,130
Gain on land sales     1,335  
Loss on land sales   (476)   (31)
Segment operating (loss) income (1,038) (2,836) 261 (4,817)
Capital expenditures 2,092 741 2,725 2,483
Real estate assets 1,009,081 920,829 1,009,081 920,829
Property Sales        
Sales price 2,313 507 13,809 1,596
Cost of sale $ (2,313) (983) (12,474) (1,627)
Gain (loss) on sale   $ (476) $ 1,335 $ (31)