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REAL ESTATE ACTIVITY (Details) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Real Estate [Abstract]    
Apartments $ 698,571  
Apartments under construction 64,546  
Commercial properties 206,293  
Land held for development 71,351  
Real estate subject to sales contract 46,403  
Total real estate 1,087,164  
Less accumulated depreciation (166,335)  
Total real estate $ 920,829 $ 891,173