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RENTAL PROPERTIES (Woodland Park Apartments) (Details) - Woodland Park Apartments
Jul. 06, 2017
USD ($)
item
Sep. 30, 2017
USD ($)
Sep. 29, 2017
USD ($)
RENTAL PROPERTIES      
Number of units | item 126    
Purchase price of real estate properties $ 45,600,000    
Closing costs associated with financing 64,000    
Line of credit 25,000,000 $ 25,000,000  
Loan amount $ 16,000,000   $ 22,250,000
Interest rate (as a percent) 4.75%   3.79%
Purchase price allocated to the value of the in-place leases $ 541,000    
Purchase price allocated to the value of the tenant relationships $ 42,000    
Amortization period of value of the in-place leases 12 months    
Amortization period of value of the tenant relationships 24 months