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RELATED PARTY TRANSACTIONS (Details) - USD ($) |  | 12 Months Ended
--- | --- | ---
Jan. 01, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | Dec. 31, 2013
Related Party Transaction |  |  |  |
Number of shares of common stock owned by the related party |  | 16,292,000 | 15,728,000 |
Number of shares purchased by the related party under the dividend reinvestment plan |  | 197,000 | 227,000 | 210,000
Cost of plans charged to operations |  | $ 2,334,000 | $ 1,833,000 | $ 1,440,000
Gould Investors L.P. |  |  |  |
Related Party Transaction |  |  |  |
Number of shares of common stock owned by the related party |  | 1,785,976 | 1,704,765 |
Ownership percentage held by the related party |  | 10.60% | 10.50% |
Number of shares purchased by the related party under the dividend reinvestment plan |  | 81,211 | 106,761 |
Number of shares purchased by the related party in the open market |  |  | 700 |
Amount of insurance reimbursed |  | $ 520,000 | $ 400,000 | 359,000
Real estate insurance expense |  | 339,000 | 250,000 | 178,000
Majestic |  |  |  |
Related Party Transaction |  |  |  |
Annual fee paid in consideration for providing services |  | 2,339,000 | 2,669,000 | 2,725,000
Property management costs allocated to real estate expenses annually |  | 892,500 | 850,000 | 600,000
Additional payment for the entity's share of all direct office expenses |  | 196,000 | 186,000 | 175,000
Chairman |  |  |  |
Related Party Transaction |  |  |  |
Fee paid |  | 262,500 | 250,000 | 250,000
Vice Chairman |  |  |  |
Related Party Transaction |  |  |  |
Fee paid |  | 105,000 | 100,000 | 100,000
Subsidiary of Gould |  |  |  |
Related Party Transaction |  |  |  |
Annual lease rent |  | 7,000 | 42,000 | 41,000
Executive officers and others |  |  |  |
Related Party Transaction |  |  |  |
Cost of plans charged to operations |  | 1,245,000 | 1,045,000 | 867,000
Joint venture partners |  |  |  |
Related Party Transaction |  |  |  |
Financing fee received |  | $ 131,000 |  |
Percentage of financing fees in Other Income |  | 50.00% |  |
Real estate management and acquisition costs |  | $ 198,000 | 262,000 | $ 107,000
Joint venture partners | Land and Building |  |  |  |
Related Party Transaction |  |  |  |
Real estate management and acquisition costs |  | 117,000 | $ 117,000 |
Corporate joint venture |  |  |  |
Related Party Transaction |  |  |  |
Aggregate fees paid to other partners |  | 409,000 |  |
Decrease in equity earnings, joint venture transaction |  | $ 205,000 |  |
Subsequent event | Net lease tenants |  |  |  |
Related Party Transaction |  |  |  |
Property management fee (as a percent) | 1.50% |  |  |
Subsequent event | Operating lease tenants |  |  |  |
Related Party Transaction |  |  |  |
Property management fee (as a percent) | 2.00% |  |  |

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