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QUARTERLY RESULTS OF OPERATIONS (Details) - USD ($)
$ / shares in Units, $ 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
Quarterly Financial Information Disclosure [Abstract]                              
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
Total operating expenses 24,717 28,199 27,990 26,165 28,292 26,397 26,759 27,345 26,664 26,272 26,212 25,881 107,071 108,793 105,029
Operating income 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
Other (expense) income (3,508) 5,955 2,678 (6,638) (11,853) (9,348) (15,676) (10,829) (10,447) (9,252) (8,156) (8,470) (1,513) (47,706) (36,325)
(Loss) income before gain on sales, non-controlling interest, and taxes (3,368) 11,165 6,295 (1,720) (9,140) (3,938) (10,848) (6,352) (7,554) (5,457) (3,534) (5,146) 183,902 (8,696) (2,363)
Gain on disposition of 50% interest in VAA 154,126                       154,126    
Gain (loss) on sale of income producing properties         3,938 12,760     11,283   5,168 (244)      
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
Income tax expense (418) (792) (180)         (46)     1,210 180 46
Net income (loss) from continued operations 154,166 22,616 6,295 (385) (1,529) 9,884 (11,324) (5,907) 2,924 (4,948) 3,353 (3,738) 182,692 (8,876) (2,409)
Net loss from discontinued operations                 (3)     2     (1)
Net income (loss) 154,166 22,616 6,295 (385) (1,529) 9,884 (11,324) (5,907) 2,921 (4,948) 3,353 (3,736) 182,692 (8,876) (2,410)
Less: net (income) loss attributable to non-controlling interest (6,012) (2,265) (441) (275) 339 (522) 435 193 (1,182) 1,194 (864) 530 8,993 (445) 322
Preferred dividend requirement (226) (225) (225) (225) (280) (275) (275) (275) (276) (275) (53) (497) (901) (1,105) (1,101)
Net income (loss) applicable to common shares $ 147,928 $ 20,126 $ 5,629 $ (885) $ (1,470) $ 9,087 $ (11,164) $ (5,989) $ 1,463 $ (4,029) $ 2,436 $ (3,703) $ 172,798 $ (9,536) $ (3,833)
Earnings per share - basic                              
Loss from continued operations $ 9.26 $ 1.26 $ 0.35 $ (0.06) $ (0.09) $ 0.59 $ (0.72) $ (0.39) $ 0.09 $ (0.26) $ 0.16 $ (0.24) $ 10.81 $ (0.61) $ (0.25)
Net income (loss) applicable to common shares $ 9.26 $ 1.26 $ 0.35 $ (0.06) $ (0.09) $ 0.59 $ (0.72) $ (0.39) $ 0.09 $ (0.26) $ 0.16 $ (0.24)      
Weighted average common shares used in computing earnings per share 15,997,076 15,997,076 15,997,076 15,938,077 15,514,360 15,514,360 15,514,360 15,514,360 15,514,360 15,514,360 15,514,360 15,514,360 15,982,528 15,514,360 15,514,360
Earnings per share - diluted                              
Loss from continued operations $ 9.26 $ 1.26 $ 0.35 $ (0.06) $ (0.09) $ 0.59 $ (0.72) $ (0.39) $ 0.09 $ (0.26) $ 0.16 $ (0.24) $ 10.81 $ (0.61) $ (0.25)
Net income (loss) applicable to common shares $ 9.26 $ 1.26 $ 0.35 $ (0.06) $ (0.09) $ 0.59 $ (0.72) $ (0.39) $ 0.09 $ (0.26) $ 0.16 $ (0.24)      
Weighted average common shares used in computing diluted earnings per share 15,997,076 15,997,076 15,997,076 15,938,077 15,514,360 15,514,360 15,514,360 15,514,360 15,514,360 15,514,360 15,514,360 15,514,360 15,982,528 15,514,360 15,514,360