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RELATED PARTY TRANSACTIONS AND FEES (Details 1) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Related party receivable, December 31, 2014 $ 40,460    
Cash transfers 7,619    
Advisory fee (704) $ (692) $ (830)
Net income fee (187) (203) (695)
Cost reimbursements (240) (237) (234)
Expenses paid by Advisor (1,370)    
Financing (mortgage payments) (9,546)    
Interest income 1,636 1,692 $ 2,364
Income tax expense (807)    
Deferred tax asset (13,254)    
Related party receivable, June 30, 2015 34,313 40,460  
Transcontinental Realty Investors, Inc [Member]      
Related party receivable, December 31, 2014 40,460    
Interest income 1,636    
Deferred tax asset (1,324)    
Purchase of obligations (6,459)    
Related party receivable, June 30, 2015 34,313 $ 40,460  
Pillar Income Asset Management, Inc [Member]      
Cash transfers 7,619    
Advisory fee (704)    
Net income fee (187)    
Cost reimbursements (240)    
Expenses paid by Advisor (1,370)    
Financing (mortgage payments) (9,546)    
Income tax expense (807)    
Purchase of obligations $ 6,459