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ACQUISITION OF REAL ESTATE AND DISCONTINUED OPERATIONS Discontinued Operations Results of Operations (Details) (USD $)
3 Months Ended 1 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Dec. 31, 2013
Mar. 31, 2014
Walnut Hill Property
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Non-recourse Debt       $ 22,900,000
Gain on sale of property 12,387,000 0   12,400,000
ASSETS        
Net real estate 18,048,000   17,991,000  
Rents receivable, net 33,000   565,000  
Deferred charges, net 38,000   38,000  
Prepaid expenses and other assets 243,000   1,840,000  
Total assets of discontinued operations 18,362,000   20,434,000  
LIABILITIES        
Accounts payable and accrued expenses 104,000   1,473,000  
Other liabilities 2,000   1,034,000  
Total liabilities of discontinued operations 106,000   2,507,000  
STATEMENTS OF OPERATIONS        
Total revenues   6,180,000    
Total expenses   4,556,000    
Operating income   1,624,000    
Income from discontinued operations 0 1,624,000    
Income from discontinued operations attributable to noncontrolling interests 0 (1,591,000)    
Income from discontinued operations attributable to Common Shareholders   $ 33,000