SEGMENT DISCLOSURE (Details 2) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Segment disclosure
Interest	$ (4,939,000)	$ (4,725,000)	$ (9,156,000)	$ (9,402,000)
General and administrative	(3,610,000)	(715,000)	(4,789,000)	(1,257,000)
Asset management fees and other fees to related parties	(6,338,000)	(5,431,000)	(12,075,000)	(10,840,000)
Transaction costs	(32,000)	(1,394,000)	(500,000)	(1,394,000)
Depreciation and amortization	(17,286,000)	(17,533,000)	(33,915,000)	(34,670,000)
Income before bargain purchase gain	8,814,000	4,808,000	15,121,000	10,630,000
Bargain purchase gain			4,918,000
INCOME BEFORE PROVISION FOR INCOME TAXES	8,814,000	4,808,000	20,039,000	10,630,000
Provision for income taxes	(300,000)		(308,000)
NET INCOME	8,514,000	4,808,000	19,731,000	10,630,000
Net income attributable to noncontrolling interests	(115,000)	(113,000)	(113,000)	(109,000)
NET INCOME ATTRIBUTABLE TO STOCKHOLDERS	8,399,000	4,695,000	19,618,000	10,521,000
Reportable segments
Segment disclosure
Total segment net operating income	38,965,000	34,234,000	72,457,000	67,635,000
Reconciliation
Segment disclosure
Interest	(4,304,000)	(4,725,000)	(8,259,000)	(9,402,000)
General and administrative	(2,191,000)	(343,000)	(2,587,000)	(699,000)
Asset management fees and other fees to related parties	(6,338,000)	(5,431,000)	(12,075,000)	(10,840,000)
Transaction costs	(32,000)	(1,394,000)	(500,000)	(1,394,000)
Depreciation and amortization	$ (17,286,000)	$ (17,533,000)	$ (33,915,000)	$ (34,670,000)