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OPERATING SEGMENTS (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Segment Reporting Information [Line Items]                              
Rental and other property revenues                         $ 120,955 $ 125,233 $ 118,471
Property operating expenses                         (59,420) (63,056) (61,918)
Depreciation                         (22,761) (25,558) (23,683)
Segment operating income (loss) $ 521 $ 5,771 $ 4,641 $ 5,188 $ 3,299 $ 5,766 $ 5,842 $ 5,198 $ 3,450 $ 4,347 $ 5,770 $ 4,080 16,121 20,105 17,647
Assets 384,504       979,870               384,504 979,870  
Commercial Properties [Member]                              
Segment Reporting Information [Line Items]                              
Rental and other property revenues                         33,113 32,323 31,864
Property operating expenses                         (16,558) (17,724) (19,476)
Depreciation                         (9,530) (9,200) (8,924)
Mortgage and loan interest                         (7,662) (7,528) (7,167)
Interest income                            
Recognition of deferred gain on sale of income - producing properties                             (238)
Gain on land sales                            
Segment operating income (loss)                         (637) (2,129) (3,941)
Capital expenditures                         8,246 3,157 4,577
Assets 153,018       137,157       148,689       153,018 137,157 148,689
Property Sales                              
Sales price                             1,500
Cost of sale                             (1,738)
Gain (loss) on sale                             (238)
Apartments [Member]                              
Segment Reporting Information [Line Items]                              
Rental and other property revenues                         87,832 92,807 86,603
Property operating expenses                         (42,134) (43,677) (40,786)
Depreciation                         (13,217) (16,354) (14,759)
Mortgage and loan interest                         (20,671) (22,346) (25,381)
Recognition of deferred gain on sale of income - producing properties                           9,842 16,445
Segment operating income (loss)                         11,810 20,272 22,122
Capital expenditures                         16,954 1,402 863
Assets 143,500       726,852       624,433       143,500 726,852 624,433
Property Sales                              
Sales price                             20,350
Cost of sale                             (3,905)
Recognized prior deferred gain                           9,842  
Gain (loss) on sale                           9,842 16,445
Land [Member]                              
Segment Reporting Information [Line Items]                              
Rental and other property revenues                           87  
Property operating expenses                         (275) (667) (1,634)
Depreciation                            
Mortgage and loan interest                         (318) (1,588) (1,746)
Gain on land sales                         17,404 4,884 3,121
Segment operating income (loss)                         16,811 2,716 (259)
Capital expenditures                           609 269
Assets 84,016       115,205       118,051       84,016 115,205 118,051
Property Sales                              
Sales price                         43,311 11,177 29,128
Cost of sale                         (25,907) (6,293) (26,007)
Gain (loss) on sale                         17,404 4,884 3,121
Other [Member]                              
Segment Reporting Information [Line Items]                              
Rental and other property revenues                         10 16 4
Property operating expenses                         (453) (988) (22)
Depreciation                         (14) (4)  
Mortgage and loan interest                         (30,221) (28,482) (18,794)
Interest income                         15,793 13,862 14,670
Segment operating income (loss)                         (14,885) (15,596) (4,142)
Assets 3,970       656               3,970 656  
Total Segments [Member]                              
Segment Reporting Information [Line Items]                              
Rental and other property revenues                         120,955 125,233 118,471
Property operating expenses                         (59,420) (63,056) (61,918)
Depreciation                         (22,761) (25,558) (23,683)
Mortgage and loan interest                         (58,872) (59,944) (53,088)
Interest income                         15,793 13,862 14,670
Recognition of deferred gain on sale of income - producing properties                           9,842 16,207
Gain on land sales                         17,404 4,884 3,121
Segment operating income (loss)                         13,099 5,263 13,780
Capital expenditures                         25,200 5,168 5,709
Assets $ 384,504       $ 979,870       $ 891,173       384,504 979,870 891,173
Property Sales                              
Sales price                         43,311 11,177 50,978
Cost of sale                         (25,907) (6,293) (31,650)
Recognized prior deferred gain                           9,842  
Gain (loss) on sale                         $ 17,404 $ 14,726 $ 19,328