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SERIES A BONDS PAYABLE (Details Narrative)
₪ in Thousands
6 Months Ended
Jul. 12, 2017
USD ($)
Jul. 12, 2017
ILS (₪)
May 16, 2017
USD ($)
Number
Feb. 14, 2017
USD ($)
Number
Jun. 30, 2017
USD ($)
Jun. 30, 2016
USD ($)
Feb. 14, 2017
ILS (₪)
Number
Net loss on foreign currency transaction         $ 3,700,000    
Issuance of bonds         $ 102,364,000 $ 78,487,000  
Nonconvertible Series A Bonds [Member] | Southern Properties Capital LTD [Member]              
Interest rate     7.30%        
Number of semiannual principal payment | Number     10        
Description of payment terms    

due semiannually beginning in July 2017 through July 2023 with ten semiannual principal payments due beginning July 2019 through July 2023.

       
Issuance of bonds     $ 27,769,615        
Nonconvertible Series A Bonds [Member] | Southern Properties Capital LTD [Member] | Subsequent Event [Member]              
Interest rate 7.30% 7.30%          
Description of payment terms

due semiannually beginning in July 2017 through July 2023 with ten semiannual principal payments due beginning July 2019 through July 2023.

due semiannually beginning in July 2017 through July 2023 with ten semiannual principal payments due beginning July 2019 through July 2023.

         
Issuance of bonds $ 6,668,998            
Nonconvertible Series A Bonds [Member] | Israel Shekel [Member] | Southern Properties Capital LTD [Member]              
Exchange rate     3.607        
Issuance of bonds     $ 100,200,000        
Nonconvertible Series A Bonds [Member] | Israel Shekel [Member] | Southern Properties Capital LTD [Member] | Subsequent Event [Member]              
Exchange rate 3.574 3.574          
Issuance of bonds | ₪   ₪ 23,800          
Transcontinential Realty Investors [Member] | Nonconvertible Series A Bonds [Member]              
Debentures offering amount       $ 73,651,065      
Interest rate       7.30%     7.30%
Effective yield       9.25%     9.25%
Number of semiannual principal payment | Number       10     10
Description of payment terms      

due semiannually beginning in July 2017 through July 2023 with ten semiannual principal payments due beginning July 2019 through July 2023.

     
Transcontinential Realty Investors [Member] | Nonconvertible Series A Bonds [Member] | Israel Shekel [Member]              
Debentures offering amount | ₪             ₪ 276,000
Exchange rate       3.7474     3.7474