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LOANS RECEIVABLE AND OTHER INVESTMENTS - Loans Receivable and Other Investments (Details)
Dec. 31, 2018
USD ($)
Investment
Dec. 31, 2017
USD ($)
Loans Receivable:    
Quantity | Investment 22  
Principal Balance $ 96,492,000  
Book Value $ 70,718,000 $ 66,004,000
Weighted Average Contractual Interest Rate / Rate of Return 8.50%  
Weighted Average Annualized Effective Interest Rate / Rate of Return 9.70%  
Loan loss reserve $ (1,258,000) (97,000)
Loans Receivable, Net Amount $ 69,460,000 65,907,000
Preferred Equity    
Quantity | Investment 9  
Principal Balance $ 43,851,000 48,035,000
Book Value $ 44,262,000 48,483,000
Weighted Average Contractual Interest Rate / Rate of Return 12.10%  
Weighted Average Annualized Effective Interest Rate / Rate of Return 12.10%  
Total Quantity | Investment 31  
Total Principal Balance $ 140,343,000  
Total Book Value $ 113,722,000 114,390,000
Total Weighted Average Contractual Interest Rate / Rate of Return 9.60%  
Total Weighted Average Annualized Effective Interest Rate / Rate of Return 10.60%  
Mortgage    
Loans Receivable:    
Quantity | Investment 1  
Principal Balance $ 18,577,000  
Book Value $ 18,577,000 12,351,000
Weighted Average Contractual Interest Rate / Rate of Return 10.00%  
Weighted Average Annualized Effective Interest Rate / Rate of Return 10.00%  
Construction    
Loans Receivable:    
Quantity | Investment 2  
Principal Balance $ 4,569,000  
Book Value $ 4,629,000 2,733,000
Weighted Average Contractual Interest Rate / Rate of Return 8.00%  
Weighted Average Annualized Effective Interest Rate / Rate of Return 7.70%  
Mezzanine    
Loans Receivable:    
Quantity | Investment 1  
Principal Balance $ 23,952,000  
Book Value $ 2,188,000 10,239,000
Weighted Average Contractual Interest Rate / Rate of Return 10.00%  
Weighted Average Annualized Effective Interest Rate / Rate of Return 41.90%  
Pre-development    
Loans Receivable:    
Quantity | Investment 0  
Principal Balance $ 0  
Book Value $ 0 2,357,000
Other    
Loans Receivable:    
Quantity | Investment 18  
Principal Balance $ 49,394,000  
Book Value $ 45,324,000 $ 38,324,000
Weighted Average Contractual Interest Rate / Rate of Return 7.30%  
Weighted Average Annualized Effective Interest Rate / Rate of Return 8.10%