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REAL ESTATE PROPERTIES (Details 4) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2012
Multi-family properties by state                      
Revenue $ 19,399 $ 17,766 $ 15,152 $ 14,078 $ 10,158 $ 8,517 $ 7,179 $ 5,951 $ 66,395 $ 31,805 $ 9,893
Multi-family residential | Revenue | Geographic concentration
                     
Multi-family properties by state                      
Number of Units 7,609               7,609    
Revenue                 60,362    
% of Total                 100.00%    
Multi-family residential | Revenue | Geographic concentration | Texas
                     
Multi-family properties by state                      
Number of Units 2,018               2,018    
Revenue                 14,346    
% of Total                 24.00%    
Multi-family residential | Revenue | Geographic concentration | Tennessee
                     
Multi-family properties by state                      
Number of Units 1,244               1,244    
Revenue                 12,705    
% of Total                 21.00%    
Multi-family residential | Revenue | Geographic concentration | Georgia
                     
Multi-family properties by state                      
Number of Units 1,689               1,689    
Revenue                 12,328    
% of Total                 20.00%    
Multi-family residential | Revenue | Geographic concentration | Florida
                     
Multi-family properties by state                      
Number of Units 910               910    
Revenue                 10,909    
% of Total                 18.00%    
Multi-family residential | Revenue | Geographic concentration | South Carolina
                     
Multi-family properties by state                      
Number of Units 208               208    
Revenue                 2,348    
% of Total                 4.00%    
Multi-family residential | Revenue | Geographic concentration | Alabama
                     
Multi-family properties by state                      
Number of Units 208               208    
Revenue                 1,628    
% of Total                 3.00%    
Multi-family residential | Revenue | Geographic concentration | Kansas
                     
Multi-family properties by state                      
Number of Units 496               496    
Revenue                 1,677    
% of Total                 3.00%    
Multi-family residential | Revenue | Geographic concentration | Indiana
                     
Multi-family properties by state                      
Number of Units 400               400    
Revenue                 1,996    
% of Total                 3.00%    
Multi-family residential | Revenue | Geographic concentration | Ohio
                     
Multi-family properties by state                      
Number of Units 264               264    
Revenue                 1,851    
% of Total                 3.00%    
Multi-family residential | Revenue | Geographic concentration | Arkansas
                     
Multi-family properties by state                      
Number of Units 172               172    
Revenue                 $ 574    
% of Total                 1.00%