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INTANGIBLE LEASE ASSETS AND LIABILITIES - Amortization (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Intangible Assets And Liabilities        
Net amortization related to intangible lease assets and liabilities $ 639,000 $ (50,000) $ 1,200,000 $ (74,000)
Amortization income     1,081,262 1,162,780
Value of In-Place Leases and Intangible Leasing Costs | Depreciation and amortization        
Intangible Assets And Liabilities        
Amortization expense 1,200,000 506,000 2,300,000 1,100,000
Value of Below Market, net of Above Market In-Place Leases | Revenue | Income Properties        
Intangible Assets And Liabilities        
Amortization income $ 550,000 $ 556,000 $ 1,100,000 $ 1,200,000