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BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 4) (Reclassifications to conform to current year presentation, USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2013
Rental and other property income
   
Hotel revenues $ 8,564,000 $ 28,696,000
Interest and other income
   
Other income 566,000 2,206,000
Other property operating expenses
   
Hotel operating expenses $ 6,324,000 $ 19,805,000