MORTGAGE AND OTHER NOTES PAYABLE	6 Months Ended
Jun. 30, 2014
Mortgage Loans on Real Estate [Abstract]
MORTGAGE AND OTHER NOTES PAYABLE	MORTGAGE AND OTHER NOTES PAYABLE The Company completed the following transactions related to mortgage and other notes payable and credit facilities during the six months ended June 30, 2014: During the six months ended June 30, 2014, the Company borrowed $15.0 million on its unsecured credit facility and paid down $15.0 million. As of June 30, 2014, there was no outstanding balance under this facility. During January 2014, the Company drew the remaining $1.5 million on its loan collateralized by a property. The loan bears interest at LIBOR plus 225 basis points and matures on November 10, 2015. During January 2014, the Company borrowed $45.0 million on its loan collateralized by a property. The loan bears interest at LIBOR plus 165 basis points and matures on June 28, 2018. During February 2014, the Company refinanced a $20.9 million loan collateralized by a property, bearing interest at LIBOR plus 225 basis points, with a new $24.5 million loan. The new loan bears interest at LIBOR plus 155 basis points and matures on February 28, 2016. In connection with this refinancing, the Company expensed $0.2 million in unamortized loan costs relating to the original loan. During the six months ended June 30, 2014, the Company borrowed $6.5 million on its Fund IV subscription line and paid down $52.1 million. The outstanding balance under this facility is $28.1 million as of June 30, 2014. During March 2014, the Company closed on two loans aggregating $9.0 million that are collateralized by a property. The loans bear interest at a blended rate of LIBOR plus 188 basis points and mature on March 7, 2017, and each have two one-year extension options. During March 2014, the Company closed on a $19.0 million loan collateralized by a property, of which $12.6 million was drawn as of June 30, 2014. The loan bears interest at LIBOR plus 170 basis points and matures on February 20, 2019. During April 2014, the Company paid off a $4.2 million loan collateralized by a property. The loan bore interest at 6.35% and was scheduled to mature July 1, 2014. During April 2014, the Company closed on a $15.5 million loan collateralized by a property. The loan bears interest at LIBOR plus 215 basis points and matures on May1, 2019. During April 2014, the Company refinanced a $7.7 million loan collateralized by a property. The initial loan bore interest at LIBOR plus 225 basis points and was scheduled to mature during November 2015. The new $12.0 million loan bears interest at LIBOR plus 185 basis points and matures on May 1, 2017. During May 2014, the Company closed on a $12.5 million loan collateralized by a property. The loan bears interest at LIBOR plus 235 basis points and matures on May 1, 2017, with a one-year extension option. During June 2014, the Company closed on a $12.5 million loan collateralized by a property. The loan bears interest at LIBOR plus 175 basis points and matures on June 3, 2017, with two one-year extension options. During June 2014, the Company paid off a $13.3 million loan collateralized by a property. The loan bore interest at 5.64% and was scheduled to mature September 6, 2014. As of June 30, 2014, $198.5 million of funds have been released under the Company's EB-5 loan relating to its City Point project into a restricted cash account. $127.2 million has been drawn to fund construction activities, with $71.3 million remaining in the restricted cash account at June 30, 2014.

MORTGAGE AND OTHER NOTES PAYABLE

The Company completed the following transactions related to mortgage and other notes payable and credit facilities during the six months ended June 30, 2014:

During the six months ended June 30, 2014, the Company borrowed $15.0 million on its unsecured credit facility and paid down $15.0 million. As of June 30, 2014, there was no outstanding balance under this facility.

During January 2014, the Company drew the remaining $1.5 million on its loan collateralized by a property. The loan bears interest at LIBOR plus 225 basis points and matures on November 10, 2015.

During January 2014, the Company borrowed $45.0 million on its loan collateralized by a property. The loan bears interest at LIBOR plus 165 basis points and matures on June 28, 2018.

During February 2014, the Company refinanced a $20.9 million loan collateralized by a property, bearing interest at LIBOR plus 225 basis points, with a new $24.5 million loan. The new loan bears interest at LIBOR plus 155 basis points and matures on February 28, 2016. In connection with this refinancing, the Company expensed $0.2 million in unamortized loan costs relating to the original loan.

During the six months ended June 30, 2014, the Company borrowed $6.5 million on its Fund IV subscription line and paid down $52.1 million. The outstanding balance under this facility is $28.1 million as of June 30, 2014.

During March 2014, the Company closed on two loans aggregating $9.0 million that are collateralized by a property. The loans bear interest at a blended rate of LIBOR plus 188 basis points and mature on March 7, 2017, and each have two one-year extension options.

During March 2014, the Company closed on a $19.0 million loan collateralized by a property, of which $12.6 million was drawn as of June 30, 2014. The loan bears interest at LIBOR plus 170 basis points and matures on February 20, 2019.

During April 2014, the Company paid off a $4.2 million loan collateralized by a property. The loan bore interest at 6.35% and was scheduled to mature July 1, 2014.

During April 2014, the Company closed on a $15.5 million loan collateralized by a property. The loan bears interest at LIBOR plus 215 basis points and matures on May1, 2019.

During April 2014, the Company refinanced a $7.7 million loan collateralized by a property. The initial loan bore interest at LIBOR plus 225 basis points and was scheduled to mature during November 2015. The new $12.0 million loan bears interest at LIBOR plus 185 basis points and matures on May 1, 2017.

During May 2014, the Company closed on a $12.5 million loan collateralized by a property. The loan bears interest at LIBOR plus 235 basis points and matures on May 1, 2017, with a one-year extension option.

During June 2014, the Company closed on a $12.5 million loan collateralized by a property. The loan bears interest at LIBOR plus 175 basis points and matures on June 3, 2017, with two one-year extension options.

During June 2014, the Company paid off a $13.3 million loan collateralized by a property. The loan bore interest at 5.64% and was scheduled to mature September 6, 2014.

As of June 30, 2014, $198.5 million of funds have been released under the Company's EB-5 loan relating to its City Point project into a restricted cash account. $127.2 million has been drawn to fund construction activities, with $71.3 million remaining in the restricted cash account at June 30, 2014.