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ORGANIZATION (Details)
Oct. 31, 2013
ORGANIZATION [Abstract]  
Percentage of ordinary taxable income that must be distributed to shareholders (in hundredths) 90.00%
Multi-family residential properties [Member]
 
Real Estate Properties [Line Items]  
Number of real estate properties 93
Number of apartment units owned 10,705
Commercial properties [Member]
 
Real Estate Properties [Line Items]  
Number of real estate properties 169
Net rentable area (in square feet) 10,800,000