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SIGNIFICANT ACCOUNTING POLICIES (Details)
6 Months Ended 9 Months Ended
Jan. 03, 2012
Jun. 30, 2017
USD ($)
Jun. 30, 2016
USD ($)
Sep. 30, 2017
USD ($)
item
shares
Sep. 30, 2016
USD ($)
Dec. 31, 2016
USD ($)
Aug. 20, 2007
Principles of Consolidation              
Value at which partnership investments discontinue use of equity method       $ 0      
Amount of legal obligations related to investments no longer classified as equity method       $ 0      
Revenue Recognition              
Period for which arrears are charged against income       60 days      
Deferred Financing Costs              
Amortization of deferred financing costs       $ 141,000 $ 141,000    
Income Taxes              
Provision for income taxes       $ 0      
Segment Reporting              
Number of segments | item       1      
Income Per Unit              
Dilutive units | shares       0      
Concentration of Credit Risks and Financial Instruments              
Federally uninsured amounts of cash and cash equivalents, and security deposits included in prepaid expenses and other assets       $ 16,251,000   $ 8,911,000  
Advertising Expense              
Advertising expense       $ 153,287 $ 154,105    
Interest Capitalized              
Capitalized interest   $ 0 $ 0        
Minimum              
Principles of Consolidation              
Ownership interest in each subsidiary (as a percent)       99.67%      
Interest Capitalized              
Criteria of capitalization of interest on property based on specified period of construction       1 year      
Minimum | Cash and cash equivalents              
Concentration of Credit Risks and Financial Instruments              
Interest rate on interest bearing accounts (as a percent)       0.01%      
Maximum              
Principles of Consolidation              
Ownership interest in each subsidiary (as a percent)       100.00%      
Maximum | Cash and cash equivalents              
Concentration of Credit Risks and Financial Instruments              
Interest rate on interest bearing accounts (as a percent)       0.35%      
Investment Properties              
Principles of Consolidation              
Number of limited liability companies/partnerships | item       9      
Investment Properties | Minimum              
Principles of Consolidation              
Percentage of ownership interest       40.00%      
Investment Properties | Maximum              
Principles of Consolidation              
Percentage of ownership interest       50.00%      
Class A              
Income (Loss) Per Depositary Receipt              
Forward split of depositary receipts 3            
Exchange ratio of depositary receipts for partnership units before adjustment 10            
Exchange ratio of depositary receipts for partnership units after adjustment 30            
Number of units in each depository receipt 0.03333           0.1