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COMMITMENTS AND CONTINGENCIES (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Commitments and Contingencies [Line Items]        
Net income (loss) from continuing operations $ (4,930,000) $ (6,006,000) $ (14,222,000) $ (3,237,000)
Development Services Agreements [Abstract]        
Percentage Of Net Project Cost 3.00%   3.00%  
Minimum Number of Months Following Achievement of Occupancy to Determine Post-development Services Fee     15 months  
Target Occupancy Percentage 90.00%   90.00%  
Agreement Cancellation Period     30 days  
Liabilities Subject to Compromise, Early Contract Termination Fees $ 500,000   $ 500,000  
Payments for construction in process 0 100,000 300,000 400,000
Guarantor Recovery [Abstract]        
Recovery of credit losses, net $ 129,000 $ 1,000 $ 249,000 $ 10,662,000
Minimum [Member]        
Development Services Agreements [Abstract]        
Percentage Of Profit Attributable To Postdevelopment Service Fee (in percentage) 7.00%   7.00%  
Maximum [Member]        
Development Services Agreements [Abstract]        
Percentage Of Profit Attributable To Postdevelopment Service Fee (in percentage) 10.00%   10.00%  
IMH Gabella [Member]        
Development Services Agreements [Abstract]        
Fair value of future obligation of sale profit participation $ 700,000   $ 700,000  
Project One [Member]        
Development Services Agreements [Abstract]        
Predevelopment service fee payable 400,000   400,000  
Land Available for Development 3,000,000   3,000,000  
Intercreditor Agreement Claim [Member]        
Guarantor Recovery [Abstract]        
Damages sought     300,000  
Accrual $ 300,000   $ 300,000