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OPERATING SEGMENTS (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2018
Segment Reporting Information [Line Items]          
Rental and other property revenues $ 11,943 $ 33,409 $ 35,712 $ 96,099  
Property operating expenses (5,883) (15,945) (19,203) (45,919)  
Depreciation (3,416) (6,873) (9,964) (19,768)  
Loss on debt extinguishment (5,219)   (5,219)    
Loss on the sale of income producing property     (80)    
Segment operating (loss) income (1,866) 5,210 (7,978) 13,745  
Real estate assets 379,990   379,990   $ 381,043
Operating Segments [Member]          
Segment Reporting Information [Line Items]          
Rental and other property revenues 11,943 33,409 35,712 96,099  
Property operating expenses (5,883) (15,945) (19,203) (45,919)  
Depreciation (3,416) (6,873) (9,964) (19,768)  
Mortgage and loan interest (10,420) (17,422) (29,796) (49,053)  
Loss on debt extinguishment (5,219)   (5,219)    
Interest income 6,856 5,710 19,514 15,701  
Loss on the sale of income producing property     (80)    
Gain on land sales 5,139 12,243 9,872 13,578  
Segment operating (loss) income (1,000) 11,122 836 10,638  
Capital expenditures 10,422 969 34,733 566  
Real estate assets 379,990 1,049,990 379,990 1,049,990  
Property Sales          
Sales price 6,970 35,519 26,383 49,328  
Cost of sale (1,831) (23,276) (16,591) (35,750)  
Gain (loss) on sale 5,139 12,243 9,792 13,578  
Commercial Properties [Member] | Operating Segments [Member]          
Segment Reporting Information [Line Items]          
Rental and other property revenues 8,023 8,227 24,270 23,187  
Property operating expenses (3,503) (4,236) (11,849) (12,222)  
Depreciation (2,553) (2,523) (7,660) (7,138)  
Mortgage and loan interest (1,700) (1,921) (5,614) (5,662)  
Loss on debt extinguishment (5,219)   (5,219)    
Segment operating (loss) income (4,952) (453) (6,072) (1,835)  
Capital expenditures 599 962 4,644 3,688  
Real estate assets 158,854 134,142 158,854 134,142  
Property Sales          
Sales price       2,313  
Cost of sale       (2,313)  
Apartments [Member] | Operating Segments [Member]          
Segment Reporting Information [Line Items]          
Rental and other property revenues 3,859 25,274 11,377 73,001  
Property operating expenses (2,162) (11,345) (6,238) 33  
Depreciation (863) (4,364) (2,304) (12,709)  
Mortgage and loan interest (1,050) (5,721) (2,987) (16,520)  
Loss on the sale of income producing property     (80)    
Segment operating (loss) income (216) 3,844 (232) 10,645  
Capital expenditures 9,233 114 26,667 (2,398)  
Real estate assets 151,320 823,619 151,320 823,619  
Property Sales          
Sales price     3,096 8,512  
Cost of sale     (3,176) (8,512)  
Gain (loss) on sale     (80)    
Land [Member] | Operating Segments [Member]          
Segment Reporting Information [Line Items]          
Rental and other property revenues 60 (95) 60 (95)  
Property operating expenses (560) (158) (605) (291)  
Mortgage and loan interest (612) (306) (982) (437)  
Gain on land sales 5,139 12,243 9,872 13,578  
Segment operating (loss) income 4,027 11,684 8,345 12,755  
Capital expenditures 590 (107) 3,422 (724)  
Real estate assets 69,816 91,586 69,816 91,586  
Property Sales          
Sales price 6,970 35,519 23,287 38,503  
Cost of sale (1,831) (23,276) (13,415) (24,925)  
Gain (loss) on sale 5,139 12,243 9,872 13,578  
Other [Member] | Operating Segments [Member]          
Segment Reporting Information [Line Items]          
Rental and other property revenues 1 3 5 6  
Property operating expenses 342 (206) (511) (279)  
Depreciation   14   79  
Mortgage and loan interest (7,058) (9,474) (20,213) (26,434)  
Interest income 6,856 5,710 19,514 15,701  
Segment operating (loss) income $ 141 (3,953) $ (1,205) (10,927)  
Real estate assets   $ 643   $ 643