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OTHER ASSETS (Details) - USD ($)
Sep. 30, 2015
Dec. 31, 2014
OTHER ASSETS    
Security deposits $ 2,218,000 $ 2,090,000
Escrow deposits to fund future capital improvements 863,000 253,000
Replacement Reserve Escrow 551,000  
Replacement reserve 551,000  
Intangible assets, net of accumulated amortization 512,000 49,000
Accumulated amortization on intangible assets in connection with the acquisition of Windsor Green 1,745,000 1,703,000
Financing fees, net 1,571,000 1,736,000
Accumulated amortization on financing and leasing fees $ 778,000 $ 613,000