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RENTAL INCOME (Details) - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
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 $ 2,692,000    
2018 2,467,000    
2019 1,988,000    
2020 1,525,000    
2021 1,083,000    
Thereafter 614,000    
Commercial Property Leases 10,369,000    
Aggregate contingent rentals from continuing operations $ 616,000 $ 683,000 $ 638,000