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MORTGAGE NOTES PAYABLE AND LINE OF CREDIT (Line of Credit) (Details)
12 Months Ended
Jul. 31, 2014
USD ($)
Dec. 31, 2015
USD ($)
item
Line of Credit    
Credit line balance   $ 25,000,000
Line of Credit    
Line of Credit    
Maximum borrowings $ 25,000,000  
Term of debt 3 years  
Amount of refinancing costs $ 125,000  
Credit line balance   $ 25,000,000
Interest rate at end of period (as a percent)   3.875%
Number of properties in which borrowing amount collateralized | item   23
Commitment fee   $ 36,000
Line of Credit | Base Rate    
Line of Credit    
Margin over basis of interest rate (as a percent) 2.50%  
Line of Credit | Federal Funds Rate    
Line of Credit    
Basis of effective interest rate used in calculation of Base Rate (as a percent) 0.50%  
Line of Credit | LIBOR    
Line of Credit    
Reference rate used in calculation of Base Rate one month LIBOR  
Basis of effective interest rate used in calculation of Base Rate (as a percent) 1.00%  
Line of Credit | Minimum    
Line of Credit    
Pledged interests of the Partnership's ownership interest (as a percent)   49.00%
Commitment fee for unused amount (as a percent)   0.15%
Tangible net worth   $ 150,000,000
Ratio of net operating income to total indebtedness   9.50%
Debt service coverage ratio   1.6
Line of Credit | Maximum    
Line of Credit    
Pledged interests of the Partnership's ownership interest (as a percent)   100.00%
Commitment fee for unused amount (as a percent)   0.20%
Leverage ratio   65.00%
Aggregate increase in indebtedness   $ 15,000,000