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SEGMENT DISCLOSURE (Details 2) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Segment disclosure        
Interest $ (5,451,000) $ (4,611,000) $ (14,607,000) $ (14,013,000)
General and administrative (3,157,000) (564,000) (7,946,000) (1,821,000)
Asset management fees and other fees to related parties (6,476,000) (5,442,000) (18,551,000) (16,282,000)
Transaction costs (46,000) (2,619,000) (546,000) (4,013,000)
Depreciation and amortization (17,677,000) (16,620,000) (51,592,000) (51,290,000)
Income before bargain purchase gain 4,392,000 1,759,000 19,513,000 12,389,000
Bargain purchase gain     4,918,000  
INCOME BEFORE PROVISION FOR INCOME TAXES 4,392,000 1,759,000 24,431,000 12,389,000
Provision for income taxes (112,000)   (420,000)  
NET INCOME 4,280,000 1,759,000 24,011,000 12,389,000
Net loss (income) attributable to noncontrolling interests 5,000 6,000 (108,000) (103,000)
NET INCOME ATTRIBUTABLE TO STOCKHOLDERS 4,285,000 1,765,000 23,903,000 12,286,000
Reportable segments
       
Segment disclosure        
Total segment net operating income 34,252,000 31,219,000 106,709,000 98,854,000
Reconciliation
       
Segment disclosure        
Interest (4,794,000) (4,611,000) (13,053,000) (14,013,000)
General and administrative (867,000) (168,000) (3,454,000) (867,000)
Asset management fees and other fees to related parties (6,476,000) (5,442,000) (18,551,000) (16,282,000)
Transaction costs (46,000) (2,619,000) (546,000) (4,013,000)
Depreciation and amortization $ (17,677,000) $ (16,620,000) $ (51,592,000) $ (51,290,000)