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TAXABLE INCOME AND TAX BASIS (Details) - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
TAXABLE INCOME AND TAX BASIS      
Taxable net income $ 9,989,000 $ 10,968,000 $ 4,056,000
Excess amount of statement income over taxable income 1,535,000    
Excess amount of cumulative statement basis over cumulative taxable basis 8,000,000    
Excess amount of statement income from joint venture investments over taxable income 6,000,000    
Reconciliation of GAAP net income to taxable income      
Book/Tax differences from depreciation and amortization (2,300,000) 4,160,000 5,673,000
Book/Tax differences from Investment Properties (351,000) (1,258,000) 87,000
Increase (Decrease) in prepaid rent and allowances 732,000 554,000 (46,000)
Other items $ 2,752,000 $ 1,273,000 $ 1,216,000