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RENTAL PROPERTIES (Webster Green Apartments) (Details)
Mar. 29, 2018
USD ($)
item
Jun. 30, 2018
property
RENTAL PROPERTIES    
Number of units | property   913
Webster Green Apartments    
RENTAL PROPERTIES    
Number of units | item 79  
Loan amount $ 21,500,000  
Purchase price of real estate properties 34,500,000  
Cash payment 13,000,000  
Cash from reserves 5,000,000  
Line of credit 8,000,000  
Closing costs associated with financing 141,000  
Purchase price allocated to the value of the in-place leases 502,000  
Purchase price allocated to the value of the tenant relationships $ 40,000  
Amortization period of value of the in-place leases 12 months  
Amortization period of value of the tenant relationships 24 months