MORTGAGE AND OTHER NOTES PAYABLE (Tables)

3 Months Ended

Mar. 31, 2015

Mortgage Loans on Real Estate [Abstract]

Schedule of Mortgage Notes Payable

The Company completed the following transactions related to mortgage and other notes payable and credit facilities during the three months ended March 31, 2015:

Secured Debt:

(dollars in thousands)			Borrowings				Repayments
Property	Date	Description	Amount		Interest Rate	Maturity Date	Amount		Interest Rate
1035 Third Ave	January	New Borrowing	$	42,000	2.52% (LIBOR+2.35%)	1/27/2021	$	—
Lincoln Park Centre	January	Repayment	—			12/3/2016	28,000		1.62% (LIBOR+1.45%)
163 Highland Avenue	March	Assumption	9,765		4.66%	2/1/2024	—
Total			$	51,765			$	28,000