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UNSECURED NOTES PAYABLE (Details) - USD ($)
1 Months Ended 3 Months Ended
Jan. 31, 2016
Mar. 31, 2016
Dec. 31, 2015
Debt Instrument [Line Items]      
Mortgage and other notes payable, net of unamortized loan costs of $9,884 and $10,567, respectively and unamortized premiums of $1,726 and $1,364, respectively   $ 955,003,000 $ 1,050,051,000
Line of Credit | Unsecured Credit Facility      
Debt Instrument [Line Items]      
Amount repaid on subscription line   20,800,000  
Debt instrument face amount $ 50,000,000    
Fund IV | Line of Credit      
Debt Instrument [Line Items]      
Amount borrowed on unsecured credit facility   5,600,000  
Long-term line of credit   40,100,000  
Fund IV | Line of Credit | Subscription Line      
Debt Instrument [Line Items]      
Amount repaid on subscription line   9,200,000  
Fund IV | Line of Credit | Subscription Line | Line of Credit      
Debt Instrument [Line Items]      
Mortgage and other notes payable, net of unamortized loan costs of $9,884 and $10,567, respectively and unamortized premiums of $1,726 and $1,364, respectively   82,700,000  
Fund II | Line of Credit      
Debt Instrument [Line Items]      
Long-term line of credit   20,000,000  
Fund II | Line of Credit | Subscription Line | Line of Credit      
Debt Instrument [Line Items]      
Amount borrowed on unsecured credit facility   $ 7,500,000  
LIBOR | Line of Credit | Unsecured Credit Facility      
Debt Instrument [Line Items]      
Basis spread on variable rate 1.30%