NOTES PAYABLE (Details) $ in Thousands	Jun. 30, 2017 USD ($)
Short-term Debt [Line Items]
Notes Payable	$ 827,942
Accrued Interest	2,755
Total Debt	830,697
Unamortized deferred borrowing costs	(18,544)
Apartments [Member]
Short-term Debt [Line Items]
Notes Payable	539,556
Accrued Interest	1,459
Total Debt	541,015
Apartments Under Construction [Member]
Short-term Debt [Line Items]
Notes Payable	32,564
Total Debt	32,564
Commercial [Member]
Short-term Debt [Line Items]
Notes Payable	127,542
Accrued Interest	599
Total Debt	128,141
Land [Member]
Short-term Debt [Line Items]
Notes Payable	29,200
Accrued Interest	229
Total Debt	29,429
Real Estate Subject To Sales Contract [Member]
Short-term Debt [Line Items]
Notes Payable	3,542
Accrued Interest	470
Total Debt	4,012
Mezzanine Financing [Member]
Short-term Debt [Line Items]
Notes Payable	101,173
Total Debt	101,173
Other [Member]
Short-term Debt [Line Items]
Notes Payable	12,909
Accrued Interest	(2)
Total Debt	12,907
Total Notes Payable [Member]
Short-term Debt [Line Items]
Notes Payable	846,486
Accrued Interest	2,755
Total Debt	849,241
Unamortized deferred borrowing costs	$ (18,544)