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REAL ESTATE ACTIVITY (Details) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Real Estate [Abstract]    
Apartments $ 135,172 $ 126,274
Apartments under construction 32,285 21,916
Commercial properties 228,805 224,162
Land held for development 68,190 83,641
Real estate subject to sales contract 1,626 3,149
Total real estate, at cost, less impairment 466,078 459,142
Less accumulated deprecation (86,088) (78,099)
Total real estate, net of depreciation $ 379,990 $ 381,043