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SIGNIFICANT ACCOUNTING POLICIES (Details 2) (USD $)
12 Months Ended 0 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2013
item
Dec. 31, 2012
Dec. 31, 2011
Jan. 03, 2012
Class A units
Aug. 20, 2007
Class A units
Dec. 31, 2013
Minimum
Dec. 31, 2013
Minimum
Cash and cash equivalents
Dec. 31, 2013
Maximum
Dec. 31, 2013
Maximum
Cash and cash equivalents
Dec. 31, 2013
Investment Properties/Joint Venture
item
Dec. 31, 2013
Investment Properties/Joint Venture
Minimum
Dec. 31, 2013
Investment Properties/Joint Venture
Maximum
Principles of Consolidation                        
Ownership interest in each subsidiary (as a percent)           99.67%   100.00%        
Number of limited liability companies                   9    
Percentage of ownership in Joint Ventures                     40.00% 50.00%
Value of equity method investment to discontinued partnership $ 0                      
Revenue Recognition                        
Period for which arrears are charged against income 60 days                      
Income Taxes                        
Provision for income taxes 0                      
Segment Reporting                        
Number of segments 1                      
Income (Loss) Per Depositary Receipt                        
Forward split of depositary receipts       3                
Exchange ratio of depositary receipts for partnership units before adjustment       10                
Exchange ratio of depositary receipts for partnership units after adjustment       30                
Number of units in each depository receipt       0.03333 0.1              
Income Per Unit                        
Dilutive units 0                      
Concentration of Credit Risks and Financial Instruments                        
Interest rate on interest bearing accounts (as a percent)             0.01%   0.35%      
Federally uninsured amounts of cash and cash equivalents, and security deposits included in prepaid expenses and other assets 15,275,000 8,000,000                    
Advertising Expense                        
Advertising expense 41,285 52,084 88,585                  
Interest Capitalized                        
Criteria of capitalization of interest on property based on specified period of construction           1 year            
Capitalized interest $ 0 $ 0 $ 0