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COMMITMENTS AND CONTINGENCIES (Details)
1 Months Ended 12 Months Ended
Aug. 31, 2017
USD ($)
Dec. 31, 2019
USD ($)
officer
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Commitments and contingencies        
Outstanding loan commitments and approvals to fund loans   $ 9,696,000    
Future obligations under leases to fund tenant improvements and in other future construction obligation   7,747,000    
Restricted cash   12,146,000 $ 22,512,000 $ 27,008,000
Operating lease, right-of-use asset   106,000    
Operating lease, liability   106,000    
Ground lease for one of the project        
Commitments and contingencies        
Rent expense   0    
Rent expense     0 1,168,000
Office space in Dallas, Texas        
Commitments and contingencies        
Rent expense   294,000    
Rent expense     $ 253,000 $ 228,000
Noncancelable minimum lease payments   $ 106,000    
Pending litigation | City and County of San Francisco Real Property Transfer Tax Case        
Commitments and contingencies        
Penalties, interest, and legal fees paid $ 11,845,000      
Executive officers | Employment agreements        
Commitments and contingencies        
Multiplier to annual base salary paid in event of death   2    
Multiplier to annual base salary paid in event of disability   1    
Executive officers | 2015 Equity Incentive Plan        
Commitments and contingencies        
Number of officers covered under employment agreement | officer   2    
Restricted cash for tenant improvement allowance        
Commitments and contingencies        
Restricted cash   $ 2,814,000