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REAL ESTATE ACTIVITY (Details) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Real Estate [Abstract]    
Apartments $ 157,753 $ 156,173
Apartments under construction 33,166 22,363
Commercial properties 230,133 229,424
Land held for development 61,782 62,037
Real estate subject to sales contract 6,887 7,966
Total real estate, at cost, less impairment 489,721 477,963
Less accumulated deprecation (93,144) (90,173)
Total real estate, net of depreciation $ 396,577 $ 387,790