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ACQUISITIONS (Details Narrative) (USD $)
In Thousands, unless otherwise specified
0 Months Ended 3 Months Ended 0 Months Ended 2 Months Ended 0 Months Ended 0 Months Ended
Aug. 12, 2013
Dec. 31, 2013
Sep. 30, 2013
Jun. 25, 2014
Latern Lane (Member)
sqft
May 31, 2014
Inverness Townhomes (Member)
Jun. 30, 2014
Inverness Townhomes (Member)
Number
Sep. 18, 2013
Woodlake Square (Member)
sqft
Sep. 18, 2013
Woodlake Square (Member)
AEW Capital (Member)
Sep. 18, 2013
Woodlake Square (Member)
MIG III (Member)
Sep. 18, 2013
Woodlake Square (Member)
MIG IV (Member)
Jul. 17, 2013
Preston Royal East Land (Member)
Jun. 25, 2013
Fountain Oaks (Member)
sqft
Nov. 12, 2013
Loop 610 and Ella (Member)
Apr. 04, 2013
Loop 610 and Ella (Member)
acre
Purchase price       $ 22,700 $ 5,900   $ 41,600       $ 15,400 $ 27,700   $ 2,300
Gross leaseable area       81,567     157,000              
Area of real estate                       161,000    
Percentage of occupancy rate (in percent)       100.00%     88.60%              
Percentage of ownership interest               90.00% 3.00% 6.00%        
Remaining lease term on the ground lease                     27 years      
Purchase price funded with cash             18,100              
Purchase price funded with loan       20,500     23,000              
Net liabilities and prorations (primarily accrued property taxes)             449              
Revolving credit facility                       75,000    
Percentage of property leased at time of acquisition date                       88.70%    
Area of land (acres)                           1.26
Proceeds from sale of business 1,900                       7,500  
Gain (loss) on sale of business $ 799 $ 2,300 $ 58                      
Number of units purchased           21                
Number of units purchased (percentage)           20.30%