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BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2015
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of estimated useful lives of real estate investment assets

 

 

                                                                                                                                                                                    

Buildings and improvements

 

15 - 40 years

Furniture, fixtures, and equipment

 

3 - 5 years

Tenant improvements

 

Shorter of the useful lives or the

 

 

terms of the related leases