XML 54 R43.htm IDEA: XBRL DOCUMENT v3.8.0.1
REAL ESTATE (Details Narrative)
$ in Thousands
12 Months Ended
Dec. 31, 2017
USD ($)
a
Number
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Number of income-producing properties | Number 59      
Area of land | a 3,601      
Payment for construction or predevelopment of various apartment complexes $ 69,800      
Capitalized interest costs $ 2,400      
Number of apartment units | Number 8,427      
Provision on impairment of real estate assets $ 5,300  
Real estate carrying value $ 1,165,662 $ 1,066,603 $ 1,003,545 $ 831,540
Related Party [Member]        
Area of land | a 66.7      
Buildings And Improvements [Member] | Minimum [Member]        
Useful life 10 years      
Buildings And Improvements [Member] | Maximum [Member]        
Useful life 40 years      
Furniture, Fixtures And Equipment [Member] | Minimum [Member]        
Useful life 5 years      
Furniture, Fixtures And Equipment [Member] | Maximum [Member]        
Useful life 10 years      
Land Improvements [Member] | Minimum [Member]        
Useful life 25 years      
Land Improvements [Member] | Maximum [Member]        
Useful life 40 years      
Southern Properties Capital LTD [Member] | Apartment Community Acquired [Member]        
Number of income-producing properties | Number 1      
Payment to acquire properties $ 79,700      
Number of apartment units | Number 422      
Southern Properties Capital LTD [Member] | Land Parcel Acquired [Member]        
Number of income-producing properties | Number 1      
Payment to acquire properties $ 5,400      
Area of land | a 36.3