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INCOME TAXES (Details) (USD $)
1 Months Ended 12 Months Ended
Dec. 31, 2010
Dec. 31, 2011
Jan. 31, 2011
Income Tax Disclosure [Abstract]      
Income tax expense $ 242,000 $ 0  
Current income tax expense 0    
Deferred income tax expense 242,000 0  
Tax at statutory rate on income before income taxes 100,000    
Other reconciliations 142,000    
Built-in-gains tax associated to properties     145,800,000
Corporate tax rate   40.00%  
Reconciliation of Unrecognized Tax Benefits      
Unrecognized tax benefits, beginning balance 26,300,000 26,300,000  
Additions (reductions) based on prior years' tax positions 0 (760,000)  
Additions (reductions) based on current year tax positions 0 0  
Unrecognized tax benefits, ending balance $ 26,300,000 $ 25,540,000