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RENTAL INCOME (Details) - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
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 $ 2,675,000  
2018 2,382,000  
2019 1,840,000  
2020 1,508,000  
2021 871,000  
Thereafter 474,000  
Commercial Property Leases 9,750,000  
Aggregate contingent rentals from continuing operations $ 166,000 $ 158,000