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MORTGAGE NOTES PAYABLE AND LINE OF CREDIT (Mortgages Payable) (Details) - USD ($)
3 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Annual maturities of mortgage debt    
2016-current maturities $ 1,437,000  
2017 1,799,000  
2018 7,878,000  
2019 4,324,000  
2020 2,057,000  
Thereafter 198,383,000  
Total 215,878,000  
Less: unamortized deferred financing costs (1,567,000)  
Secured Debt 214,311,243 $ 194,500,820
Mortgages payable    
MORTGAGE NOTES PAYABLE    
Amount of monthly installments including principal $ 850,000  
Weighted average interest rate (as a percent) 4.59%  
Effective interest rate (as a percent) 4.68%  
Mortgages payable | Minimum    
MORTGAGE NOTES PAYABLE    
Interest rate (as a percent) 2.45%  
Mortgages payable | Maximum    
MORTGAGE NOTES PAYABLE    
Interest rate (as a percent) 5.97%