XML 69 R54.htm IDEA: XBRL DOCUMENT v3.8.0.1
FAIR VALUE MEASUREMENTS (Details) - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Facility    
Fair Value of Financial Instruments    
Line of credit, gross $ 9,400,000 $ 10,000,000
Recurring | Level 2 | Interest rate swap    
Financial assets:    
Derivative financial instruments 1,615,000 1,257,000
Financial liabilities:    
Derivative financial instruments 1,492,000 2,695,000
Mortgages payable    
Fair Value of Financial Instruments    
Estimated fair value of mortgages payable 397,103,000 413,916,000
Carrying value of mortgage loans 396,946,000 399,192,000
Excess of fair value over carrying value $ 157,000 $ 14,724,000
Blended or estimated market interest rate (as a percent) 4.25% 3.74%
Weighted average remaining term of the mortgages 8 years 8 months 12 days 9 years 3 months 18 days