ADVISOR'S COMPENSATION AND RELATED PARTY TRANSACTIONS (Details) (USD $)	12 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2010
ADVISOR'S COMPENSATION AND RELATED PARTY TRANSACTIONS
Advisory fees	$ 1,104,000	$ 916,000	$ 785,000
Expenses from transactions with related party	705,000	847,000	822,000
REIT Management
ADVISOR'S COMPENSATION AND RELATED PARTY TRANSACTIONS
Advisory fees as a percentage of invested assets		0.60%
Advisory fees payable on quarterly basis as a percentage of average principal amount of earning loans	1.00%
Advisory fees payable on quarterly basis as a percentage of average amount of the fair market value of non-earning loans	0.35%
Advisory fees payable on quarterly basis as a percentage of average book value of all real estate properties, excluding depreciation	0.45%
Advisory fees payable on quarterly basis as a percentage of average amount of the fair market value of marketable securities	0.25%
Advisory fees payable on quarterly basis as a percentage of average amount of cash and cash equivalents	0.15%
Advisory fees	1,104,000	916,000	785,000
Loan origination fees as a percentage of total loan paid directly by the Trust's borrowers	0.50%
Loan origination fees paid directly by the Trust's borrowers	145,000	750,000	89,000
REIT Management | Minimum
ADVISOR'S COMPENSATION AND RELATED PARTY TRANSACTIONS
Advisory fees payable in a twelve month period	750,000
REIT Management | Maximum
ADVISOR'S COMPENSATION AND RELATED PARTY TRANSACTIONS
Advisory fees payable in a twelve month period	4,000,000
Majestic Property Management Corp
ADVISOR'S COMPENSATION AND RELATED PARTY TRANSACTIONS
Expenses from transactions with related party	74,000	83,000	66,000
Gould Investors L.P
ADVISOR'S COMPENSATION AND RELATED PARTY TRANSACTIONS
Expenses from transactions with related party	705,000	847,000	822,000
Allocated general and administrative expenses remaining unpaid included in accounts payable and accrued liabilities	$ 44,000