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REAL ESTATE ACTIVITY (Details) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Real Estate [Abstract]    
Apartments $ 178,240 $ 156,173
Apartments under construction 14,809 22,363
Commercial properties 230,365 229,424
Land held for development 61,225 62,037
Real estate subject to sales contract 6,307 7,966
Total real estate, at cost, less impairment 490,946 477,963
Less accumulated depreciation (96,002) (90,173)
Total real estate, net of depreciation $ 394,944 $ 387,790