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REAL ESTATE ACTIVITY (Details) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Sep. 30, 2016
Real Estate [Abstract]      
Apartments $ 695,746    
Apartments under construction 77,537    
Commercial properties 221,493    
Land held for development 79,331    
Real estate subject to sales contract 48,898    
Total real estate 1,123,005    
Less accumulated depreciation (183,762)    
Total real estate $ 939,243 $ 901,006 $ 909,709