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RELATED PARTY TRANSACTIONS (Details) (USD $)
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Related Party Transaction [Line Items]    
Share-based compensation arrangement shares authorized and issued (in shares) 400,000  
Individuals in management and Board members participating in incentive plan 23  
Chairman and CEO [Member]
   
Related Party Transaction [Line Items]    
Manager's right to ownership of company's total outstanding shares (in hundredths) 2.00%  
Related Party Transaction, Previous amount of management fee before increase in the period $ 350,000  
New amount of management fee due to increase in the period 500,000  
Total costs for services recognized under the Management Agreement 5,000,000 5,000,000
Non-cash share-based compensation expense recognized 0 2,800,000
Accounts payable 500,000 700,000
Ownership of company by Manager and Owners (in hundredths) 2.15%  
Management Agreement remaining term (in years) 10Y  
Continuous length of the Management Agreement unless terminated (in years) 10Y  
Director [Member]
   
Related Party Transaction [Line Items]    
Accounts payable 0 0
Expenses from Transactions with Related Party 66,647 46,413
Investor Relationship Manager [Member]
   
Related Party Transaction [Line Items]    
Accounts payable 8,944 15,593
Expenses from Transactions with Related Party $ 54,015 $ 39,864