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OPERATING SEGMENTS (Details) - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Segment Reporting Information [Line Items]                              
Rental and other property revenues $ 12,258 $ 11,943 $ 11,840 $ 11,929 $ 24,857 $ 33,409 $ 31,607 $ 31,083 $ 31,005 $ 31,807 $ 31,587 $ 31,822 $ 47,970 $ 120,956 $ 126,221
Property operating expenses                         (25,694) (59,587) (64,091)
Depreciation                         (13,379) (22,670) (25,679)
Loss on debt extinguishment                         (5,219)    
Gain (loss) on the sale of income producing property     (80)           3,938 12,760     (80)   16,698
Gain on land sales 5,400 5,139 2,517 2,216 3,826 12,243   1,335 3,853 1,062 (476) 445 15,272 17,404 4,884
Segment operating (loss) income (3,430) $ (1,866) $ (4,377) $ (1,735) 140 $ 5,210 $ 3,617 $ 4,918 2,713 $ 5,410 $ 4,828 $ 4,477 (11,408) 13,885 17,428
Real estate assets 387,790       381,043               387,790 381,043  
Operating Segments [Member]                              
Segment Reporting Information [Line Items]                              
Rental and other property revenues                         47,970 120,956 126,221
Property operating expenses                         (25,694) (59,587) (64,091)
Depreciation                         (13,379) (22,670) (25,679)
Mortgage and loan interest                         (39,860) (66,063) (66,171)
Loss on debt extinguishment                         (5,219)    
Interest income                         25,955 21,645 18,941
Gain (loss) on the sale of income producing property                         (80)   16,698
Gain on land sales                         15,272 17,404 4,884
Segment operating (loss) income                         4,965 11,685 10,803
Capital expenditures                         33,747 25,199 (3,806)
Real estate assets 477,963       381,043       988,117       477,963 381,043 988,117
Property Sales                              
Sales price                         33,108 54,136 35,019
Cost of sale                         (17,916) (36,732) (26,197)
Recognized prior deferred gain                             12,760
Gain (loss) on sale                         15,192 17,404 21,582
Other [Member] | Operating Segments [Member]                              
Segment Reporting Information [Line Items]                              
Rental and other property revenues                         6 10 17
Property operating expenses                         (779) (556) (987)
Depreciation                             33
Mortgage and loan interest                         (27,472) (37,093) (34,352)
Interest income                         25,955 21,645 18,941
Segment operating (loss) income                         (2,290) (15,994) (16,348)
Land [Member] | Operating Segments [Member]                              
Segment Reporting Information [Line Items]                              
Rental and other property revenues                           1 111
Property operating expenses                         (735) (645) (878)
Mortgage and loan interest                         (1,301) (636) (1,945)
Interest income                             1,547
Gain (loss) on the sale of income producing property                             4,884
Gain on land sales                         15,272 17,404  
Segment operating (loss) income                         13,236 16,124 3,719
Capital expenditures                         3,489   609
Real estate assets 70,003       84,529       123,452       70,003 84,529 123,452
Property Sales                              
Sales price                         30,012 43,311 29,969
Cost of sale                         (14,740) (25,907) (23,538)
Gain (loss) on sale                         15,272 17,404 6,431
Apartments [Member] | Operating Segments [Member]                              
Segment Reporting Information [Line Items]                              
Rental and other property revenues                         15,257 87,832 92,807
Property operating expenses                         (8,375) (42,134) (43,677)
Depreciation                         (3,150) (13,140) (16,354)
Mortgage and loan interest                         (4,069) (20,671) (22,347)
Gain (loss) on the sale of income producing property                         (80)   12,760
Segment operating (loss) income                         (417) 11,887 23,189
Capital expenditures                         25,001 16,953 1,402
Real estate assets 178,536       143,500       727,508       178,536 143,500 727,508
Property Sales                              
Sales price                         3,096 8,512  
Cost of sale                         (3,176) (8,512)  
Recognized prior deferred gain                             12,760
Gain (loss) on sale                         (80)   12,760
Commercial Properties [Member] | Operating Segments [Member]                              
Segment Reporting Information [Line Items]                              
Rental and other property revenues                         32,707 33,113 33,286
Property operating expenses                         (15,805) (16,252) (18,549)
Depreciation                         (10,229) (9,530) (9,358)
Mortgage and loan interest                         (7,018) (7,663) (7,527)
Loss on debt extinguishment                         (5,219)    
Interest income                             2,391
Segment operating (loss) income                         (5,564) (332) 243
Capital expenditures                         5,257 8,246 (5,817)
Real estate assets $ 229,424       $ 153,014       $ 137,157       $ 229,424 153,014 137,157
Property Sales                              
Sales price                           2,313 5,050
Cost of sale                           $ (2,313) (2,659)
Gain (loss) on sale                             $ 2,391