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INVESTMENT IN UNCONSOLIDATED JOINT VENTURES (Details) |  | 3 Months Ended | 9 Months Ended |
--- | --- | --- | --- | ---
Jul. 12, 2021 USD ($) a | Sep. 30, 2021 USD ($) item | Sep. 30, 2020 USD ($) | Sep. 30, 2021 USD ($) item | Sep. 30, 2020 USD ($) | Dec. 31, 2020 USD ($) item
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |
Investment in unconsolidated joint ventures |  | $ 10,178,000 |  | $ 10,178,000 |  | $ 10,702,000
Equity in earnings of unconsolidated joint ventures |  | $ 77,000 | $ 132,000 | $ 75,000 | $ 186,000 |
Unconsolidated Joint Ventures |  |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |
Number of unconsolidated joint ventures | item |  | 3 |  | 3 |  | 3
Number of properties owned and operated by each unconsolidated joint venture | item |  | 1 |  | 1 |  | 1
Investment in unconsolidated joint ventures |  | $ 10,178,000 |  | $ 10,178,000 |  | $ 10,702,000
Equity in earnings of unconsolidated joint ventures |  | 77,000 | $ 132,000 | 75,000 | $ 186,000 |
Unconsolidated Joint Ventures | MCB Real Estate LLC And Its Affiliates |  |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |
Investment in unconsolidated joint ventures |  | 8,685,000 |  | 8,685,000 |  | $ 8,761,000
Unconsolidated Joint Ventures | Retail property located in Savannah, Georgia |  |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |
Number of acres retained by unconsolidated joint venture after sale | a | 2.2 |  |  |  |  |
Unconsolidated Joint Ventures | Properties disposed of by sale | Retail property located in Savannah, Georgia |  |  |  |  |  |
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES |  |  |  |  |  |
Proceeds from sale of real estate, net of closing costs | $ 2,559,000 |  |  |  |  |
Percentage of gain recognized by the Company | 50.00% |  |  |  |  |
Company's share of gain |  | $ 801,000 |  | $ 801,000 |  |

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- Definition Proceeds, net of closing costs received from the sale of real estate during the current period. + References No definition available. + Details
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