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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2014
Unit
Sep. 30, 2013
Sep. 30, 2014
Unit
Sep. 30, 2013
Dec. 31, 2013
Number of Units 822   822    
Face value of non-performing subordinated notes $ 2,500,000   $ 2,500,000    
Supplemental Disclosure of Cash Flow Information          
Cash paid for interest     1,800,000 1,800,000  
Revenue Recognition          
Approximate lease agreement term (one year or less)     1 year    
Future minimum payments receivable, 2015 5,100,000   5,100,000    
Future minimum payments receivable, 2016 36,000   36,000    
Future minimum payments receivable, thereafter 0   0    
Advertising          
Advertising expense 32,000 31,000 78,000 88,000  
Tenant Receivables          
Uncollectible receivables $ 0   $ 0   $ 2,000
Building and Improvements [Member] | Minimum [Member]
         
Property, Plant and Equipment [Line Items]          
Useful life     5 years    
Building and Improvements [Member] | Maximum [Member]
         
Property, Plant and Equipment [Line Items]          
Useful life     27 years 6 months    
Personal Property [Member] | Minimum [Member]
         
Property, Plant and Equipment [Line Items]          
Useful life     3 years    
Personal Property [Member] | Maximum [Member]
         
Property, Plant and Equipment [Line Items]          
Useful life     15 years    
Memorial Towers [Member]
         
Number of Units 112   112    
Location     Houston, Texas    
Villas [Member]
         
Number of Units 228   228    
Location     San Antonio, Texas    
Coach Lantern [Member]
         
Number of Units 90   90    
Location     Scarborough, Maine    
Foxcroft [Member]
         
Number of Units 104   104    
Location     Scarborough, Maine    
Park Hill [Member]
         
Number of Units 288   288    
Location     San Antonio, Texas    
Funding [Member]
         
Ownership interest (in hundredths)     100.00%    
Number of non-performing subordinated notes 2   2