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8. DISCONTINUED OPERATIONS (Details) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues:        
Rental and other property revenues $ (7) $ 8,039 $ 1,251 $ 17,103
Property operating expenses 221 3,374 1,208 7,891
Depreciation 21 1,297 193 2,735
General and administrative 140 271 305 540
Total operating expenses 382 4,942 1,706 11,166
Other income (expense):        
Other income (528) 20 (491) 20
Mortgage and loan interest (70) (2,047) (388) (4,326)
Deferred borrowing costs amortization 3 (993) (278) (1,012)
Loan charges and prepayment penalties    (3,200)    (3,245)
Litigation settlement (205) (45) (250) (90)
Total other expenses (800) (6,265) (1,407) (8,653)
Loss from discontinued operations before gain on sale of real estate and tax (1,189) (3,168) (1,862) (2,716)
Gain on sale of real estate from discontinued operations 7,003 18,074 13,057 25,301
Income tax expense (2,035) (5,217) (3,918) (7,905)
Income from discontinued operations $ 3,779 $ 9,689 $ 7,277 $ 14,680