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RENTAL INCOME (Details) - USD ($)
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
RENTAL INCOME    
Percentage of rental income related to residential apartments and condominium units with leases of one year or less 93.00%  
Maximum period of non-cancelable operating lease 1 year  
Percentage of rental income related to commercial properties 7.00%  
Minimum future rental income    
2017 $ 2,434,000  
2018 2,066,000  
2019 1,634,000  
2020 1,065,000  
2021 763,000  
Thereafter 356,000  
Commercial Property Leases 8,318,000  
Aggregate contingent rentals from continuing operations $ 444,000 $ 521,000