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REAL ESTATE INVESTMENTS AND MINIMUM FUTURE RENTALS (Details)
1 Months Ended 12 Months Ended
Mar. 31, 2015
USD ($)
Mar. 31, 2015
USD ($)
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Jun. 30, 2014
USD ($)
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Dec. 31, 2015
USD ($)
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Dec. 31, 2014
USD ($)
Dec. 31, 2013
USD ($)
Real Estate Acquisitions            
Contract purchase price (interest in joint venture).       $ 12,686,000    
Third Party Real Estate Acquisition Costs       449,000 $ 479,000 $ 921,000
Contributions from non-controlling interests       713,000 639,000 480,000
Payment to purchase of partner's interest       6,300,000    
Allocation of purchase price for the company's real estate acquisitions            
Land       25,322,000 21,606,000  
Building       52,192,000 33,590,000  
Building Improvements       2,113,000 1,511,000  
Intangible Lease Asset       5,776,000 4,771,000  
Intangible Lease Liability       (5,365,000) (4,376,000)  
Total       80,038,000 57,102,000  
Restricted cash       1,074,000 1,607,000  
Intangible lease assets       $ 5,776,000 $ 4,771,000  
Weighted average amortization period for intangible lease assets       6 years 9 months 18 days 9 years 3 months 18 days  
Weighted average amortization period for intangible lease liabilities       6 years 4 months 24 days 9 years 1 month 6 days  
Above market lease accumulated amortization       $ 12,392,000 $ 9,170,000  
Below market lease accumulated amortization       5,091,000 3,928,000  
Net rental income due to amortization of the above/below market leases       723,000 267,000 160,000
Minimum future contractual rents to be received            
2016       56,883,000    
2017       54,011,000    
2018       51,743,000    
2019       48,342,000    
2020       46,255,000    
Thereafter       186,250,000    
Total       443,484,000    
Unbilled Rent Receivable            
Unbilled rent receivable       $ 13,577,000 12,815,000  
Period during which amount of unbilled rent receivable is to be billed and received       18 years    
Unbilled straight-line rent receivable written off       $ 120,000 2,417,000  
Unbilled straight-line rent receivable written off related to lease termination fees       477,000 79,000  
Rental income            
Future amortization income of below market leases            
2016       1,220,000    
2017       1,223,000    
2018       1,259,000    
2019       1,289,000    
2020       1,268,000    
Thereafter       8,262,000    
Total       14,521,000    
Amortization expense            
Allocation of purchase price for the company's real estate acquisitions            
Amortization expense relating to origination costs       3,467,000 2,430,000 $ 1,647,000
Amortization of intangible lease assets            
2016       3,125,000    
2017       2,999,000    
2018       2,799,000    
2019       2,621,000    
2020       2,567,000    
Thereafter       11,041,000    
Total       25,152,000    
Intangible lease asset - above market lease | Rental income            
Amortization of intangible lease assets            
2016       569,000    
2017       520,000    
2018       445,000    
2019       369,000    
2020       352,000    
Thereafter       1,571,000    
Total       3,826,000    
Pathmark supermarket in Philadelphia, Pennsylvania            
Unbilled Rent Receivable            
Unbilled straight-line rent receivable written off       89,000    
Marston Park Plaza retail stores, Littleton, Colorado            
Real Estate Acquisitions            
Contract purchase price (real estate)       17,485,000    
Mortgage incurred       11,853,000    
Third Party Real Estate Acquisition Costs       $ 184,000    
Interest rate (as a percent)       4.12%    
Allocation of purchase price for the company's real estate acquisitions            
Land       $ 6,005,000    
Building       10,109,000    
Building Improvements       700,000    
Intangible Lease Asset       1,493,000    
Intangible Lease Liability       (822,000)    
Total       $ 17,485,000    
Percentage of property leased to tenants       92.00%    
Number of Tenant Spaces at the Property | item       29    
Marston Park Plaza retail stores, Littleton, Colorado | Consolidated JV            
Real Estate Acquisitions            
Ownership interest in consolidated joint venture of the company (as a percent)       90.00%    
Ownership interest in consolidated joint venture of non-controlling interest (as a percent)       10.00%    
Contributions from non-controlling interests       $ 663,000    
Interline Brands distribution facility, Louisville, Kentucky            
Real Estate Acquisitions            
Contract purchase price (real estate)       4,400,000    
Mortgage incurred       2,640,000    
Third Party Real Estate Acquisition Costs       $ 48,000    
Interest rate (as a percent)       3.88%    
Allocation of purchase price for the company's real estate acquisitions            
Land       $ 578,000    
Building       3,622,000    
Building Improvements       105,000    
Intangible Lease Asset       95,000    
Total       4,400,000    
Land - The Meadows Apartments, Lakemoor, Illinois            
Real Estate Acquisitions            
Contract purchase price (real estate)   $ 9,300,000   9,300,000    
Allocation of purchase price for the company's real estate acquisitions            
Land       9,592,000    
Total       9,592,000    
Capitalized transaction costs incurred with the asset acquisition       292,000    
Number of apartment units in the complex purchased | item   496        
Shopko retail store, Lincoln, Nebraska            
Allocation of purchase price for the company's real estate acquisitions            
Land       3,768,000    
Building       11,262,000    
Building Improvements       570,000    
Intangible Lease Asset       922,000    
Intangible Lease Liability       (3,929,000)    
Total       $ 12,593,000    
Shopko retail store, Lincoln, Nebraska | Consolidated JV            
Real Estate Acquisitions            
Percentage of equity method investments control obtained 100.00%     100.00%    
Purchase price fair value adjustment $ 960,000          
Shopko retail store, Lincoln, Nebraska | Unconsolidated JV            
Real Estate Acquisitions            
Contract purchase price (interest in joint venture).       $ 6,300,000    
Contract purchase price (real estate)       6,300,000    
Third Party Real Estate Acquisition Costs       12,000    
Payment to purchase of partner's interest       2,636,000    
Payment to purchase substantial interest       $ 3,664,000    
Percentage of equity method investments acquired 50.00%     50.00%    
Allocation of purchase price for the company's real estate acquisitions            
Equity Method Investment Ownership Percentage Acquired 50.00%     50.00%    
Archway Roofing industrial facility, Louisville, Kentucky            
Real Estate Acquisitions            
Contract purchase price (real estate)       $ 300,000    
Third Party Real Estate Acquisition Costs       15,000    
Allocation of purchase price for the company's real estate acquisitions            
Land       51,000    
Building       221,000    
Building Improvements       9,000    
Intangible Lease Asset       19,000    
Total       300,000    
JCIM - Industrial facility, McCalla, Alabama            
Real Estate Acquisitions            
Contract purchase price (real estate)       16,618,000    
Third Party Real Estate Acquisition Costs       45,000    
Allocation of purchase price for the company's real estate acquisitions            
Land       1,588,000    
Building       14,503,000    
Building Improvements       179,000    
Intangible Lease Asset       470,000    
Intangible Lease Liability       (122,000)    
Total       16,618,000    
FedEx And CHEP USA distribution facility, Delport Located In St Louis Missouri            
Real Estate Acquisitions            
Contract purchase price (real estate)       19,050,000    
Mortgage incurred       12,383,000    
Third Party Real Estate Acquisition Costs       $ 81,000    
Interest rate (as a percent)       3.85%    
Allocation of purchase price for the company's real estate acquisitions            
Land       $ 3,728,000    
Building       12,456,000    
Building Improvements       550,000    
Intangible Lease Asset       2,777,000    
Intangible Lease Liability       (461,000)    
Total       $ 19,050,000    
Percentage of property leased to tenants       100.00%    
Number of Tenant Spaces at the Property | item       2    
Subtotals            
Real Estate Acquisitions            
Contract purchase price (real estate)       $ 73,453,000 56,793,000  
Third Party Real Estate Acquisition Costs       449,000 479,000  
Allocation of purchase price for the company's real estate acquisitions            
Land       25,310,000 21,532,000  
Building       52,173,000 33,520,000  
Building Improvements       2,113,000 1,493,000  
Intangible Lease Asset       5,776,000 4,830,000  
Intangible Lease Liability       (5,334,000) (4,279,000)  
Total       80,038,000 57,096,000  
Other            
Real Estate Acquisitions            
Third Party Real Estate Acquisition Costs       64,000    
Allocation of purchase price for the company's real estate acquisitions            
Land       12,000 74,000  
Building       19,000 70,000  
Building Improvements         18,000  
Intangible Lease Asset         (59,000)  
Intangible Lease Liability       (31,000) (97,000)  
Total         6,000  
Total Wine and More Retail Store, Greensboro, North Carolina            
Real Estate Acquisitions            
Contract purchase price (real estate)         2,971,000  
Third Party Real Estate Acquisition Costs         20,000  
Allocation of purchase price for the company's real estate acquisitions            
Land         1,046,000  
Building         1,468,000  
Building Improvements         83,000  
Intangible Lease Asset         374,000  
Total         2,971,000  
Chuck E Cheese Restaurant Indianapolis Indiana            
Real Estate Acquisitions            
Contract purchase price (real estate)         2,138,000  
Third Party Real Estate Acquisition Costs         10,000  
Allocation of purchase price for the company's real estate acquisitions            
Land         853,000  
Building         1,321,000  
Building Improvements         145,000  
Intangible Lease Asset         94,000  
Intangible Lease Liability         (275,000)  
Total         2,138,000  
Savers Thrift Superstore Highlands Ranch Colorado            
Real Estate Acquisitions            
Contract purchase price (real estate)         4,825,000  
Third Party Real Estate Acquisition Costs         83,000  
Allocation of purchase price for the company's real estate acquisitions            
Land         2,361,000  
Building         2,644,000  
Building Improvements         280,000  
Intangible Lease Asset         856,000  
Intangible Lease Liability         (1,316,000)  
Total         4,825,000  
Hobby Lobby Retail Store Woodbury Minnesota            
Real Estate Acquisitions            
Contract purchase price (real estate)         4,770,000  
Third Party Real Estate Acquisition Costs         46,000  
Allocation of purchase price for the company's real estate acquisitions            
Land         1,190,000  
Building         3,667,000  
Building Improvements         335,000  
Intangible Lease Asset         734,000  
Intangible Lease Liability         (1,156,000)  
Total         4,770,000  
Land - River Crossing Apartments, Sandy Springs, Georgia            
Real Estate Acquisitions            
Contract purchase price (real estate)     $ 6,510,000   6,510,000  
Allocation of purchase price for the company's real estate acquisitions            
Land         6,516,000  
Total         6,516,000  
Capitalized transaction costs incurred with the asset acquisition         6,000  
Restricted cash       $ 1,074,000 1,607,000  
Number of apartment units in the complex purchased | item     196      
Land River Crossing Apartments Sandy Springs Georgia and Noxell Corporation Industrial Building Joppa Maryland            
Allocation of purchase price for the company's real estate acquisitions            
Capitalized transaction costs incurred with the asset acquisition         303,000  
Noxel Corporation Industrial Building Joppa Maryland            
Real Estate Acquisitions            
Contract purchase price (real estate)         11,650,000  
Allocation of purchase price for the company's real estate acquisitions            
Land         3,805,000  
Building         7,991,000  
Building Improvements         151,000  
Total         11,947,000  
Capitalized transaction costs incurred with the asset acquisition         297,000  
Noxel Corporation Industrial Building Joppa Maryland | Consolidated JV            
Real Estate Acquisitions            
Contract purchase price (interest in joint venture).         $ 5,825,000  
Ownership interest in consolidated joint venture of the company (as a percent)         95.00%  
Ownership interest in consolidated joint venture of non-controlling interest (as a percent)         5.00%  
Contributions from non-controlling interests         $ 306,000  
Regal Cinemas Indianapolis Indiana            
Real Estate Acquisitions            
Contract purchase price (real estate)         9,000,000  
Third Party Real Estate Acquisition Costs         78,000  
Allocation of purchase price for the company's real estate acquisitions            
Land         3,087,000  
Building         5,000,000  
Building Improvements         225,000  
Intangible Lease Asset         1,575,000  
Intangible Lease Liability         (887,000)  
Total         9,000,000  
Pathmark Supermarket Property Philadelphia Pennsylvania            
Real Estate Acquisitions            
Contract purchase price (real estate)         7,729,000  
Mortgage incurred         4,635,000  
Third Party Real Estate Acquisition Costs         $ 162,000  
Interest rate (as a percent)         3.89%  
Allocation of purchase price for the company's real estate acquisitions            
Land         $ 1,793,000  
Building         5,396,000  
Building Improvements         244,000  
Intangible Lease Asset         440,000  
Intangible Lease Liability         (144,000)  
Total         $ 7,729,000  
Pathmark Supermarket Property Philadelphia Pennsylvania | Consolidated JV            
Real Estate Acquisitions            
Ownership interest in consolidated joint venture of the company (as a percent)         90.00%  
Ownership interest in consolidated joint venture of non-controlling interest (as a percent)         10.00%  
Contributions from non-controlling interests         $ 333,000  
Progress converting distributions facility            
Real Estate Acquisitions            
Contract purchase price (real estate)         7,200,000  
Third Party Real Estate Acquisition Costs         38,000  
Allocation of purchase price for the company's real estate acquisitions            
Land         881,000  
Building         6,033,000  
Building Improvements         30,000  
Intangible Lease Asset         757,000  
Intangible Lease Liability         (501,000)  
Total         7,200,000  
Other            
Real Estate Acquisitions            
Third Party Real Estate Acquisition Costs         $ 42,000