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DEBT OBLIGATIONS - Line of Credit (Details) - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Jul. 01, 2022
Jun. 30, 2022
Mar. 04, 2021
Line of credit, net, balances per the consolidated balance sheets            
Line of credit, net $ 12,525,000 $ 10,831,000        
Line of Credit            
Line of Credit            
Maximum borrowing capacity 100,000,000          
Borrowing capacity available for renovation and operating expense purposes $ 30,000,000          
Percentage of permitted borrowing base available for renovation and operating expense purposes 30.00%          
Borrowing capacity available for operating expense purposes $ 20,000,000          
Borrowing capacity available for renovation expenses purposes $ 10,000,000          
Unused facility fee (as a percent) 0.25%          
Line of credit, interest rate during the period 2.53% 4.03% 3.73%      
Line of credit, net, balances per the consolidated balance sheets            
Line of credit, gross $ 12,950,000 $ 11,450,000       $ 15,450,000
Unamortized deferred financing costs (425,000) (619,000)        
Line of credit, net $ 12,525,000 $ 10,831,000        
Line of Credit | LIBOR            
Line of Credit            
Basis of interest rate one month LIBOR          
Applicable margin (as a percent) 2.00% 2.00%        
Line of Credit | LIBOR | Minimum            
Line of Credit            
Applicable margin (as a percent) 1.75%          
Line of Credit | LIBOR | Maximum            
Line of Credit            
Applicable margin (as a percent) 3.00%          
March 2021 Amendment | Forecast            
Line of Credit            
Borrowing capacity available for operating expense purposes         $ 10,000,000  
Borrowing capacity available for renovation expenses purposes         $ 20,000,000  
Threshold amount of outstanding balances used for operating expenses above which must be repaid immediately       $ 10,000,000