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REAL ESTATE ACTIVITY (Details) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Real Estate [Abstract]    
Apartments $ 119,982 $ 126,274
Apartments under construction 24,710 21,916
Commercial properties 228,206 224,162
Land held for development 77,245 83,641
Real estate subject to sales contract 1,626 3,149
Real estate held for sale 14,737  
Total real estate, at cost, less impairment 466,506 459,142
Less accumulated deprecation (83,084) (78,099)
Total real estate, net of depreciation $ 383,422 $ 381,043