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QUARTERLY RESULTS OF OPERATIONS (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
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, 2019
Dec. 31, 2018
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]                              
Total operating revenues $ 12,318 $ 11,883 $ 11,840 $ 11,929 $ 24,761 $ 33,505 $ 31,607 $ 31,082 $ 30,905 $ 31,491 $ 31,302 $ 31,535      
Total operating expenses 14,356 12,948 15,220 13,182 24,240 27,734 26,966 25,894 27,606 25,725 25,460 26,337 $ 55,706 $ 104,834 $ 105,128
Operating income (loss) (2,038) (1,065) (3,380) (1,253) 521 5,771 4,641 5,188 3,299 5,766 5,842 5,198 (7,736) 16,121 20,105
Other (expense) income (12,341) (11,841) (4,639) (6,389) (3,404) 5,896 2,731 (6,624) (14,729) (8,967) (15,613) (10,658) (35,210) (1,401) (49,967)
(Loss) income before gain on formation of joint venture, gain on sales, non-contolling interest, and taxes (14,379) (12,906) (8,019) (7,642) (2,883) 11,667 7,372 (1,436) (11,430) (3,201) (9,771) (5,460) (42,946) 14,720 (29,862)
Gain (loss) on sale of income producing properties     (80)           1 9,841     (80)   9,842
Gain on formation of joint venture         154,126                    
Gain (loss) on land sales 5,400 5,140 2,133 2,216 3,826 12,243   1,335 4,385 530 (476) 445 14,889 17,404 4,884
Income tax benefit (expense) 2,000       (2,418) (792)     (180)       (2,000) 3,210 180
Net (loss) income from continued operations (6,979) (7,766) (5,966) (5,426) 152,651 23,118 7,372 (101) (7,224) 7,170 (10,247) (5,015) (26,137) 183,040 (15,316)
Net (loss) income (6,979) (7,766) (5,966) (5,426) 152,651 23,118 7,372 (101) (7,224) 7,170 (10,247) (5,015) (26,137) 183,040 (15,316)
Less: net (income) loss attributable to non-controlling interest (200) (21) (379) (183) (417) (915) (126) (132) (121) (96) (163) (119)      
Preferred dividend requirement         (227) (227) (224) (222) (230) (224) (224) (222)      
Net (loss) income applicable to common shares $ (7,179) $ (7,787) $ (6,345) $ (5,609) $ 152,007 $ 21,976 $ 7,022 $ (455) $ (7,575) $ 6,850 $ (10,634) $ (5,356) $ (26,920) $ 180,550 $ (16,715)
Earnings per share - basic                              
(Loss) income from continued operations (in dollars per share) $ (.81) $ (0.89) $ (0.68) $ (0.62) $ 17.44 $ 2.52 $ 0.81 $ (0.05) $ (0.88) $ 0.79 $ (1.22) $ (0.61) $ (3.00) $ 20.89 $ (1.86)
Net (loss) income applicable to common shares (in dollars per share) $ (.83) $ (0.89) $ (0.73) $ (0.64) $ 17.44 $ 2.52 $ 0.81 $ (0.05) $ (0.88) $ 0.79 $ (1.22) $ (0.61) $ (3.09) $ 20.71 $ (1.92)
Weighted average common shares used in computing earnings per share 8,717,767 8,717,767 8,717,767 8,717,767 8,717,767 8,717,767 8,717,767 8,717,767 8,717,767 8,717,767 8,717,767 8,717,767 8,717,767 8,717,767 8,717,767
Earnings per share - diluted                              
(Loss) income from continued operations (in dollars per share) $ (0.81) $ (0.89) $ (0.68) $ (0.62) $ 17.44 $ 2.52 $ 0.81 $ (0.05) $ (0.88) $ 0.79 $ (1.22) $ (0.61) $ (3.00) $ 20.89 $ (1.86)
Net (loss) income applicable to common shares (in dollars per share) $ (0.83) $ (0.89) $ (0.73) $ (0.64) $ 17.44 $ 2.52 $ 0.81 $ (0.05) $ (0.88) $ 0.79 $ (1.22) $ (0.61) $ (3.09) $ 20.71 $ (1.92)
Weighted average common shares used in computing diluted earnings per share 8,717,767 8,717,767 8,717,767 8,717,767 8,717,767 8,717,767 8,717,767 8,717,767 8,717,767 8,717,767 8,717,767 8,717,767 8,717,767 8,717,767 8,717,767