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TAXABLE INCOME AND TAX BASIS (Details) (USD $)
9 Months Ended 12 Months Ended
Sep. 30, 2012
Dec. 31, 2011
TAXABLE INCOME AND TAX BASIS    
Excess amount of statement income over taxable income   $ 8,856,000
Excess amount of cumulative statement basis over cumulative taxable basis   12,000,000
Excess amount of statement income from joint venture investments over taxable income $ 2,000,000  
Reduction in percentage of allowable deduction of accelerated depreciation 50.00%