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OPERATING SEGMENTS (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Segment Reporting Information [Line Items]                              
Operating revenue $ 24,857 $ 33,409 $ 31,607 $ 31,083 $ 31,005 $ 31,807 $ 31,587 $ 31,822 $ 29,557 $ 30,067 $ 30,834 $ 29,205 $ 120,956 $ 126,221 $ 119,663
Operating expenses                         (59,587) (64,091) (62,950)
Interest income                         21,645 18,941 20,453
Gain on sale of income-producing properties                           16,698 16,207
Gain on land sales 3,826 12,243 1,335 3,853 1,062 (476) 445 (805) 555 1,719 1,652 17,404 4,884 3,121
Segment operating income (loss) 140 $ 5,210 $ 3,617 $ 4,918 2,713 $ 5,410 $ 4,828 $ 4,477 2,893 $ 3,795 $ 4,622 $ 3,324 13,885 17,428 14,634
Assets 381,043       988,117               381,043 988,117  
Property Sales                              
Gain on land sales                           16,698 16,207
Commercial Properties [Member]                              
Segment Reporting Information [Line Items]                              
Operating revenue                         33,113 33,286 33,026
Operating expenses                         (16,252) (18,549) (20,398)
Depreciation and amortization                         (9,530) (9,358) (9,099)
Mortgage and loan interest                         (7,663) (7,527) (7,191)
Interest income                          
Gain on sale of income-producing properties                           2,391 (238)
Gain on land sales                          
Segment operating income (loss)                         (332) 243 (3,900)
Capital expenditures                         8,246 (5,817) 5,008
Assets 153,014       137,157       150,838       153,014 137,157 150,838
Property Sales                              
Sales price                           5,050  
Cost of sale                           (2,659) 1,500
Recognized prior deferred gain                           (1,738)
Gain on land sales                           2,391 (238)
Apartments [Member]                              
Segment Reporting Information [Line Items]                              
Operating revenue                         87,832 92,807 86,603
Operating expenses                         (42,134) (43,677) (40,786)
Depreciation and amortization                         (13,140) (16,354) (14,759)
Mortgage and loan interest                         (20,671) (22,347) (25,381)
Interest income                          
Gain on sale of income-producing properties                           12,760 16,445
Gain on land sales                          
Segment operating income (loss)                         11,887 23,189 22,122
Capital expenditures                         16,953 1,402 864
Assets 143,500       727,508       622,061       143,500 727,508 622,061
Property Sales                              
Sales price                            
Cost of sale                           20,350
Recognized prior deferred gain                           12,760 (3,905)
Gain on land sales                           12,760 16,445
Land [Member]                              
Segment Reporting Information [Line Items]                              
Operating revenue                         1 111 30
Operating expenses                         (645) (878) (1,745)
Depreciation and amortization                        
Mortgage and loan interest                         (636) (1,945) (2,232)
Interest income                        
Gain on sale of income-producing properties                           1,547
Gain on land sales                         17,404 4,884 3,121
Segment operating income (loss)                         16,124 3,719 (826)
Capital expenditures                           609 268
Assets 84,529       123,452       128,107       84,529 123,452 128,107
Property Sales                              
Sales price                         43,311 29,969  
Cost of sale                         (25,907) (23,538) 29,128
Recognized prior deferred gain                           (26,007)
Gain on land sales                         17,404 6,431 3,121
Other [Member]                              
Segment Reporting Information [Line Items]                              
Operating revenue                         10 17 4
Operating expenses                         (556) (987) (21)
Depreciation and amortization                         33 73
Mortgage and loan interest                         (37,093) (34,352) (24,558)
Interest income                         21,645 18,941 20,453
Gain on sale of income-producing properties                          
Gain on land sales                          
Segment operating income (loss)                         (15,994) (16,348) (4,049)
Capital expenditures                          
Assets                      
Property Sales                              
Sales price                            
Cost of sale                          
Recognized prior deferred gain                          
Gain on land sales                          
Total Segment [Member]                              
Segment Reporting Information [Line Items]                              
Operating revenue                         120,956 126,221 119,663
Operating expenses                         (59,587) (64,091) (62,950)
Depreciation and amortization                         (22,670) (25,679) (23,785)
Mortgage and loan interest                         (66,063) (66,171) (59,362)
Interest income                         21,645 18,941 20,453
Gain on sale of income-producing properties                           16,698 16,207
Gain on land sales                         17,404 4,884 3,121
Segment operating income (loss)                         11,685 10,803 13,347
Capital expenditures                         25,199 (3,806) 6,140
Assets $ 381,043       $ 988,117       $ 901,006       381,043 988,117 901,006
Property Sales                              
Sales price                         43,311 35,019  
Cost of sale                         (25,907) (26,197) 50,978
Recognized prior deferred gain                           12,760 (31,650)
Gain on land sales                         $ 17,404 $ 21,582 $ 19,328