OTHER ASSETS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Financing fees, net	$ 1,515,845	$ 1,735,652
Accumulated amortization on financing and leasing fees	833,000	613,000
Prepaid Expenses and Other Assets
Security deposits	2,257,000	2,090,000
Escrow deposits to fund future capital improvements	801,000	253,000
Finite-lived Intangible Assets Acquired	382,000	49,000
Accumulated amortization on intangible assets	$ 1,875,000	$ 1,703,000