NOTES PAYABLE (Details) $ in Thousands	Mar. 31, 2017 USD ($)
Short-term Debt [Line Items]
Notes Payable	$ 832,647
Accrued Interest	2,648
Total Debt	835,295
Unamortized deferred borrowing costs	(18,062)
Apartments [Member]
Short-term Debt [Line Items]
Notes Payable	541,710
Accrued Interest	1,417
Total Debt	543,127
Apartments Under Construction [Member]
Short-term Debt [Line Items]
Notes Payable	20,721
Total Debt	20,721
Commercial [Member]
Short-term Debt [Line Items]
Notes Payable	108,051
Accrued Interest	532
Total Debt	108,583
Land [Member]
Short-term Debt [Line Items]
Notes Payable	28,234
Accrued Interest	229
Total Debt	28,463
Real Estate Subject To Sales Contract [Member]
Short-term Debt [Line Items]
Notes Payable	3,707
Accrued Interest	470
Total Debt	4,177
Mezzanine Financing [Member]
Short-term Debt [Line Items]
Notes Payable	119,422
Total Debt	119,422
Other [Member]
Short-term Debt [Line Items]
Notes Payable	28,864
Total Debt	28,864
Total Notes Payable [Member]
Short-term Debt [Line Items]
Notes Payable	850,709
Accrued Interest	2,648
Total Debt	$ 853,357