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OPERATING SEGMENTS (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Segment Reporting Information [Line Items]          
Rental and other property revenues $ 11,840 $ 31,607 $ 23,769 $ 62,690  
Property operating expenses (7,323) (15,550) (13,320) (29,974)  
Depreciation (3,439) (6,504) (6,548) (12,895)  
Loss on the sale of income producing property (80) (80)    
Segment operating (loss) income (4,377) 3,617 (6,112) 8,535  
Segment assets 383,422   383,422   $ 381,043
Operating Segments [Member]          
Segment Reporting Information [Line Items]          
Rental and other property revenues 11,840 31,607 23,769 62,690  
Property operating expenses (7,323) (15,550) (13,320) (29,974)  
Depreciation (3,439) (6,504) (6,548) (12,895)  
Mortgage and loan interest (9,408) (15,907) (19,376) (31,631)  
Interest income 6,505 4,882 12,658 9,991  
Loss on the sale of income producing property (80)   (80)    
Gain on land sales 2,517   4,733 1,335  
Segment operating (loss) income 612 (1,472) 1,836 (484)  
Capital expenditures 10,295 2,092 24,311 2,725  
Segment assets 383,422 1,010,244 383,422 1,010,244  
Property Sales          
Sales price 9,497 2,313 18,212 18,064  
Cost of sale (7,060) (2,313) (13,559) (16,729)  
Gain (loss) on sale 2,437   4,653 1,335  
Commercial Properties [Member] | Operating Segments [Member]          
Segment Reporting Information [Line Items]          
Rental and other property revenues 8,020 7,404 16,247 14,959  
Property operating expenses (4,410) (4,238) (8,346) (7,986)  
Depreciation (2,732) (2,323) (5,107) (4,616)  
Mortgage and loan interest (1,947) (1,893) (3,914) (3,742)  
Segment operating (loss) income (1,069) (1,050) (1,120) (1,385)  
Capital expenditures 346 2,092 4,045 2,725  
Segment assets 152,863 135,288 152,863 135,288  
Property Sales          
Sales price   2,313   2,313  
Cost of sale   (2,313)   (2,313)  
Apartments [Member] | Operating Segments [Member]          
Segment Reporting Information [Line Items]          
Rental and other property revenues 3,818 24,201 7,518 47,726  
Property operating expenses (2,018) (11,199) (4,076) (21,782)  
Depreciation (707) (4,195) (1,441) (8,344)  
Mortgage and loan interest (1,003) (5,342) (1,937) (10,798)  
Loss on the sale of income producing property (80)   (80)    
Segment operating (loss) income 10 3,465 (16) 6,802  
Capital expenditures 9,596   17,434    
Segment assets 151,688 762,410 151,688 762,410  
Property Sales          
Sales price 3,096   3,096 8,512  
Cost of sale (3,176)   (3,176) (8,512)  
Gain (loss) on sale (80)   (80)    
Land [Member] | Operating Segments [Member]          
Segment Reporting Information [Line Items]          
Rental and other property revenues       1  
Property operating expenses (88) (135) (45) 134  
Mortgage and loan interest (41) 65 (370) (130)  
Gain on land sales 2,517   4,733 1,335  
Segment operating (loss) income 2,388 (70) 4,318 1,072  
Capital expenditures 353   2,832    
Segment assets 78,871 111,899 78,871 111,899  
Property Sales          
Sales price 7,602   16,317 7,239  
Cost of sale (5,085)   (11,584) (5,904)  
Gain (loss) on sale 2,517   4,733 1,335  
Other [Member] | Operating Segments [Member]          
Segment Reporting Information [Line Items]          
Rental and other property revenues 2 2 4 4  
Property operating expenses (807) 22 (853) (72)  
Depreciation   14   65  
Mortgage and loan interest (6,417) (8,737) (13,155) (16,961)  
Interest income 6,505 4,882 12,658 9,991  
Segment operating (loss) income $ (717) (3,817) $ (1,346) (6,973)  
Segment assets   $ 647   $ 647