CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended				9 Months Ended
	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013		Dec. 31, 2013
Related Party Transaction [Line Items]
Receivables from related parties	$ 125				$ 125				$ 169
Payables to related parties	2,969				2,969				2,360
Total obligation to related parties	222		221		649		657
RAI and affiliates [Member]
Related Party Transaction [Line Items]
Receivables from related parties	125				125				169
Payables to related parties	2,969				2,969				2,360
RCP [Member]
Related Party Transaction [Line Items]
Investment management fee entitled to receive (in hundredths)					1.00%
Investment management fee subordinated to its preferred returns (in hundredths)	100.00%				100.00%
Accrued management fees	2,300				2,300				2,100
Investment management fees	84		84		254		254
RCP and Affiliates [Member]
Related Party Transaction [Line Items]
Accrued management fees	396				396				228
RREML [Member]
Related Party Transaction [Line Items]
Investment management fee entitled to receive (in hundredths)					5.00%
Investment management fee subordinated to its preferred returns (in hundredths)	100.00%				100.00%
Operating expense advances	235				235				77
Property management fees	125	[1]	123	[1]	366	[1]	359	[1]
Debt management fees	13	[2]	14	[2]	29	[2]	44	[2]
Total obligation to related parties	$ 138		$ 137		$ 395		$ 403
Monthly debt management fee entitled to receive (in hundredths)					0.167%
Annual debt management fee entitled to receive (in hundredths)					2.00%

[1] RREML is entitled to receive monthly property management fees equal to 5% of the gross operating revenues from the Partnership’s 100% owned properties for managing or obtaining and supervising third party managers.

[2] RREML is also entitled to receive monthly debt management fees equal to 0.167% (2% per annum) of the gross offering proceeds that have been invested in loans held for investment. The fee is earned for monitoring the performance of the Partnership’s loans held for investment.