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QUARTERLY RESULTS OF OPERATIONS (Details) - USD ($)
$ / shares in Units, $ 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
Quarterly Financial Information Disclosure [Abstract]                              
Total revenue $ 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
Total operating expenses 15,688 13,809 16,217 13,664 24,717 28,199 27,990 26,165 28,292 26,397 26,759 27,345 59,378 107,071 108,793
Operating 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
Other (expense) income (3,914) (12,723) (1,927) (6,963) (3,508) 5,955 2,678 (6,638) (11,853) (9,348) (15,676) (10,829) (25,527) (1,513) (47,706)
(Loss) income before gain on sales, non-contolling interest, and taxes (7,344) (14,589) (6,304) (8,698) (3,368) 11,165 6,295 (1,720) (9,140) (3,938) (10,848) (6,352) (36,935) 12,372 (30,278)
Gain on formation of joint venture         154,126                    
Gain on sale of income producing properties     (80)           3,938 12,760     (80)   16,698
Gain (loss) 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
Income tax expense (418)       (418) (792)     (180)       1,210 180
Net (loss) income from continued operations (1,944) (9,450) (3,867) (6,482) 154,166 22,616 6,295 (385) (1,529) 9,884 (11,324) (5,907) (21,743) 182,692 (8,876)
Net income (loss) (1,944) (9,450) (3,867) (6,482) 154,166 22,616 6,295 (385) (1,529) 9,884 (11,324) (5,907) (21,743) 182,692 (8,876)
Less: net (income) loss attributable to non-controlling interest 2,482 1,879 1,089 335 (6,012) (2,265) (441) (275) 339 (522) 435 193      
Preferred dividend requirement         (226) (225) (225) (225) (280) (275) (275) (275)      
Net (loss) income applicable to common shares $ 538 $ (7,571) $ (2,778) $ (6,147) $ 147,928 $ 20,126 $ 5,629 $ (885) $ (1,470) $ 9,087 $ (11,164) $ (5,989) $ (15,959) $ 172,798 $ (9,536)
Earnings per share - basic                              
(Loss) income from continued operations $ (0.12) $ (0.59) $ (0.24) $ (0.41) $ 9.26 $ 1.26 $ 0.35 $ (0.06) $ (0.09) $ 0.59 $ (0.72) $ (0.39) $ (1.36) $ 11.43 $ (0.57)
Net income (loss) applicable to common shares $ 0.03 $ (0.47) $ (0.17) $ (0.38) $ 9.26 $ 1.26 $ 0.35 $ (0.06) $ (0.09) $ 0.59 $ (0.72) $ (0.39) $ (1.00) $ 10.81 $ (0.61)
Weighted average common shares used in computing earnings per share 15,997,076 15,997,076 15,997,076 15,997,076 15,997,076 15,997,076 15,997,076 15,938,077 15,514,360 15,514,360 15,514,360 15,514,360 15,997,076 15,982,528 15,514,360
Earnings per share - diluted                              
(Loss) income from continued operations $ (0.12) $ (0.59) $ (0.24) $ (0.41) $ 9.27 $ 1.26 $ 0.35 $ (0.06) $ (0.09) $ 0.59 $ (0.72) $ (0.39) $ (1.36) $ 10.94 $ (0.57)
Net (loss) income applicable to common shares $ 0.03 $ (0.47) $ (0.17) $ (0.38) $ 9.27 $ 1.26 $ 0.35 $ (0.06) $ (0.09) $ 0.59 $ (0.72) $ (0.39) $ (1.00) $ 10.35 $ (0.61)
Weighted average common shares used in computing diluted earnings per share 15,997,076 15,997,076 15,997,076 15,997,076 15,997,076 15,997,076 15,997,076 15,938,077 15,514,360 15,514,360 15,514,360 15,514,360 15,997,076 16,697,966 15,514,360