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ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)
$ in Thousands
12 Months Ended
Dec. 31, 2015
USD ($)
ft²
a
Number
Dec. 31, 2014
USD ($)
Number
Number of apartment units 7,983  
Number of properties 48  
Rentable square feet | ft² 2,200,000  
Acres of land | a 3,812  
Area of land comprising golf course | ft² 96  
Real estate, at cost | $ $ 954,390 $ 810,214
Apartments [Member]    
Number of properties 9  
Variable Interest Entity, Primary Beneficiary [Member]    
Number of properties 48 36
Real estate, at cost | $ $ 384,500 $ 363,500
Minimum [Member]    
Percentage of ownership 20.00%  
Minimum [Member] | Variable Interest Entity, Primary Beneficiary [Member]    
Number of apartment units 32 32
Maximum [Member]    
Percentage of ownership 50.00%  
Maximum [Member] | Variable Interest Entity, Primary Beneficiary [Member]    
Number of apartment units 320 320
Buildings And Improvements [Member] | Minimum [Member]    
Useful life of fixed assets 10 years  
Buildings And Improvements [Member] | Maximum [Member]    
Useful life of fixed assets 40 years  
Furniture, Fixtures And Equipment [Member] | Minimum [Member]    
Useful life of fixed assets 5 years  
Furniture, Fixtures And Equipment [Member] | Maximum [Member]    
Useful life of fixed assets 10 years  
Transcontinential Realty Investors [Member]    
Ownership interest 80.90%  
Transcontinential Realty Investors [Member] | Income Opportunity Realty Investors, Inc. [Member]    
Ownership interest 81.10%  
Related Party [Member]    
Percentage of ownership 86.70%  
Number of apartment units 835  
Number of properties 6  
Acres of land | a 91