FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) (USD $)	Sep. 30, 2010	Dec. 31, 2011 Carrying (Reported) Amount, Fair Value Disclosure [Member]	Dec. 31, 2010 Carrying (Reported) Amount, Fair Value Disclosure [Member]	Dec. 31, 2011 Estimate of Fair Value, Fair Value Disclosure [Member]	Dec. 31, 2010 Estimate of Fair Value, Fair Value Disclosure [Member]
FAIR VALUE OF FINANCIAL INSTRUMENTS [Abstract]
Repayment of mortgage loan	$ 8,770,000
Financial Assets [Abstract]
Cash and cash equivalents		174,000	137,000	174,000	137,000
Mortgage loans receivable, net of discount		4,110,000	4,131,000	4,317,000	4,199,000
Financial Liabilities [Abstract]
Mortgage notes payable		628,170,000	644,424,000	674,462,000	671,527,000
Unsecured term loan payable		50,000,000	0	50,000,000	0
Notes payable to banks		$ 154,516,000	$ 91,294,000	$ 153,521,000	$ 89,818,000

This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Company may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months.

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