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DEBT OBLIGATIONS - Mortgage Payable (Details)
12 Months Ended
Sep. 30, 2018
USD ($)
property
Sep. 30, 2017
USD ($)
Debt Instrument [Line Items]    
Deferred mortgage costs $ (6,735,000) $ (6,727,000)
Total debt obligations $ 829,470,000 734,844,000
Number of Properties at September 30, 2018 | property 36  
Mortgages    
Debt Instrument [Line Items]    
Debt, long-term and short-term debt, combined amount $ 798,805,000 704,171,000
Debt face amount 164,310,000 159,559,000
Mortgages | Additional mortgages obtained    
Debt Instrument [Line Items]    
Debt face amount   7,202,000
Mortgages | Madison, AL | Mortgages Maturing In January 2028    
Debt Instrument [Line Items]    
Debt face amount $ 15,000,000  
Interest rate (as a percent) 4.08%  
Average maturity 60 months  
Mortgages | Boerne, TX | Mortgages Maturing In January 2028    
Debt Instrument [Line Items]    
Debt face amount $ 9,200,000  
Interest rate (as a percent) 2.39%  
Average maturity 36 months  
Debt interest rate cap (as a percentage) 386.00%  
Mortgages | Ocoee, FL | Mortgages Maturing In January 2028    
Debt Instrument [Line Items]    
Debt face amount $ 53,060,000  
Interest rate (as a percent) 3.90%  
Average maturity 84 months  
Mortgages | Lawrenceville, GA | Mortgages Maturing In March 2028    
Debt Instrument [Line Items]    
Debt face amount $ 54,447,000  
Interest rate (as a percent) 3.97%  
Average maturity 120 months  
Mortgages | Daytona Beach, FL | Mortgages Maturing In May 2025    
Debt Instrument [Line Items]    
Debt face amount $ 13,608,000  
Interest rate (as a percent) 3.94%  
Average maturity 24 months  
Mortgages | Grand Prairie, TX | Mortgages Maturing In June 2028    
Debt Instrument [Line Items]    
Debt face amount $ 18,995,000  
Interest rate (as a percent) 4.37%  
Average maturity 60 months  
Mortgages | Fredricksburg, VA | Mortgages Maturing in February 2027    
Debt Instrument [Line Items]    
Debt face amount   $ 27,638,000
Interest rate (as a percent)   3.68%
Mortgages | St. Louis, MO (Tower at OPOP) | Mortgages Maturing in March 2027    
Debt Instrument [Line Items]    
Debt face amount   $ 20,000,000
Interest rate (as a percent)   4.79%
Average maturity   72 months
Mortgages | St. Louis, MO (Lofts at OPOP) | Mortgages Maturing in March 2027    
Debt Instrument [Line Items]    
Debt face amount   $ 6,197,000
Interest rate (as a percent)   4.84%
Average maturity   72 months
Mortgages | Creve Coeur, MO | Mortgages Maturing In July 2019    
Debt Instrument [Line Items]    
Debt face amount   $ 29,000,000
Interest rate (as a percent)   2.50%
Mortgages | Farmers Branch, TX | Mortgages Maturing in July 2028    
Debt Instrument [Line Items]    
Debt face amount   $ 55,200,000
Interest rate (as a percent)   4.22%
Average maturity   60 months
Mortgages | Tallahassee, FL | Mortgages Maturing in September 2027    
Debt Instrument [Line Items]    
Debt face amount   $ 21,524,000
Interest rate (as a percent)   4.19%
Average maturity   60 months
Mortgages | Decatur, GA | Mortgages Maturing in December 2022    
Debt Instrument [Line Items]    
Debt face amount   $ 4,941,000
Interest rate (as a percent)   5.32%
Mortgages | Fredricksburg, VA (Location 2) | Mortgages Maturing in February 2027    
Debt Instrument [Line Items]    
Debt face amount   $ 2,261,000
Interest rate (as a percent)   4.84%
Junior subordinated notes    
Debt Instrument [Line Items]    
Debt, long-term and short-term debt, combined amount $ 37,400,000 $ 37,400,000
Multi-family residential | Mortgages    
Debt Instrument [Line Items]    
Mortgage debt outstanding $ 798,805,000  
Number of Properties at September 30, 2018 | property 36  
Debt, weighted average interest rate (as a percentage) 4.18%  
Average maturity 6 years 10 months 24 days