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OPERATING SEGMENTS (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Segment Reporting Information [Line Items]    
Rental and other property revenues $ 31,822 $ 29,205
Property operating expenses (16,265) (15,216)
Interest income 4,792 5,291
Gain on land sales 445 1,652
Segment operating income (loss) 4,477 3,324
Real estate assets 911,724 855,371
Property Sales    
Gain (loss) on sale   (244)
Commercial Properties [Member]    
Segment Reporting Information [Line Items]    
Rental and other property revenues 9,159 7,890
Property operating expenses (4,939) (5,095)
Depreciation (2,302) (2,314)
Mortgage and loan interest (1,606) (1,974)
Loss on sale of income producing properties   (244)
Segment operating income (loss) 312 (1,737)
Capital expenditures 1,375 1,401
Real estate assets 150,255 152,945
Property Sales    
Sales price   1,500
Cost of sale   (1,744)
Gain (loss) on sale   (244)
Apartments [Member]    
Segment Reporting Information [Line Items]    
Rental and other property revenues 22,660 21,315
Property operating expenses (10,746) (9,394)
Depreciation (4,046) (3,534)
Mortgage and loan interest (6,758) (6,157)
Segment operating income (loss) 1,110 2,230
Real estate assets 633,491 556,294
Land [Member]    
Segment Reporting Information [Line Items]    
Property operating expenses (279) (747)
Mortgage and loan interest (694) (312)
Gain on land sales 445 1,652
Segment operating income (loss) (528) 593
Capital expenditures 399 770
Real estate assets 127,978 146,132
Property Sales    
Sales price 1,089 4,180
Cost of sale (644) (2,528)
Gain (loss) on sale 445 1,652
Other [Member]    
Segment Reporting Information [Line Items]    
Rental and other property revenues 3  
Property operating expenses (301) 20
Depreciation 18 18
Mortgage and loan interest (7,738) (5,771)
Interest income 4,792 5,291
Segment operating income (loss) (3,226) (442)
Total Segments [Member]    
Segment Reporting Information [Line Items]    
Rental and other property revenues 31,822 29,205
Property operating expenses (16,265) (15,216)
Depreciation (6,330) (5,830)
Mortgage and loan interest (16,796) (14,214)
Interest income 4,792 5,291
Loss on sale of income producing properties   (244)
Gain on land sales 445 1,652
Segment operating income (loss) (2,332) 644
Capital expenditures 1,774 2,171
Real estate assets 911,724 855,371
Property Sales    
Sales price 1,089 5,680
Cost of sale (644) (4,272)
Gain (loss) on sale $ 445 $ 1,408