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SIGNIFICANT ACCOUNTING POLICIES (Details 2) - 10Q (USD $)	9 Months Ended			0 Months Ended			9 Months Ended			9 Months Ended
	Sep. 30, 2014 item	Sep. 30, 2013	Dec. 31, 2013	Jan. 03, 2012 Class A	Jan. 03, 2012 Class A	Aug. 20, 2007 Class A	Sep. 30, 2014 Minimum	Sep. 30, 2014 Minimum Cash and cash equivalents	Sep. 30, 2014 Maximum	Sep. 30, 2014 Maximum Cash and cash equivalents	Sep. 30, 2014 Total item	Sep. 30, 2014 Total Minimum	Sep. 30, 2014 Total Maximum
Principles of Consolidation
Ownership interest in each subsidiary (as a percent)							99.67%		100.00%
Number of limited liability companies											9
Percentage of ownership in Joint Ventures												40.00%	50.00%
Value of equity method investment to discontinued partnership	$ 0
Revenue Recognition
Period for which arrears are charged against income	60 days
Income Taxes
Provision for income taxes	0
Segment Reporting
Number of segments	1
Income (Loss) Per Depositary Receipt
Forward split of depositary receipts				3
Exchange ratio of depositary receipts for partnership units before adjustment				10
Exchange ratio of depositary receipts for partnership units after adjustment				30
Number of units in each depository receipt					0.03333	0.1
Income Per Unit
Dilutive units	0
Concentration of Credit Risks and Financial Instruments
Interest rate on interest bearing accounts (as a percent)								0.01%		0.35%
Federally uninsured amounts of cash and cash equivalents, and security deposits included in prepaid expenses and other assets	13,372,000		15,275,000
Advertising Expense
Advertising expense	79,346	23,483
Interest Capitalized
Criteria of capitalization of interest on property based on specified period of construction							1 year
Capitalized interest	$ 0	$ 0

X

- Definition

The number of underlying shares represented by one American Depository Receipt (ADR) or Global Depository Receipt (GDR). A value of "3" means that one ADR represents 3 underlying shares. If one underlying share represents 2 ADR's then the value would be represented as "0.5".

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The interest rate for investments that have an interest rate. For fixed rate investments, this indicates the fixed interest rate. If the investment has a variable interest rate, the rate stated here may be the rate that is currently relevant. In this case the "Investment, Interest Rate is Current Rate for Variable Rate Investment Flag", "Investment, Interest Rate is Discount Rate at Purchase Flag", "Investment, Interest Rate Reflects Current Yield Flag" should be used. If one of these flags are not appropriate to explain the interest rate that is indicated, then a new flag should be added or an explanation should be included in "Investment, Additional Information".

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Article 12

-Section 12

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Represents the amount of cash and cash equivalents, and security deposits as of the balance sheet date that are not insured.

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Represents the specified period of construction which if exceeded could result in the capitalization of interest costs.

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Represents the exchange ratio of depositary receipts for specified partnership units after adjustment.

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Represents the exchange ratio of depositary receipts for specified partnership units before adjustment.

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Represents the forward split of depositary receipts listed on the NYSE Amex as authorized by the entity.

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Represents the carrying value of investment as of the balance sheet date to discontinue applying the equity method.

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Represents the number of limited liability companies.

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Represents the percentage owned by the entity in Joint Ventures.

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- Definition

Represents the period for which arrears of rental income from residential tenants is charged against income.

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Amount charged to advertising expense for the period, which are expenses incurred with the objective of increasing revenue for a specified brand, product or product line.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 720

-SubTopic 35

-Section 50

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Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

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-Publisher FASB

-Name Accounting Standards Codification

-Topic 235

-SubTopic 10

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-Paragraph 1

-Subparagraph (SX 210.4-08.(h))

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Amount of interest capitalized during the period.

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-Name Accounting Standards Codification

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The parent entity's interest in net assets of the subsidiary, expressed as a percentage.

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Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues.

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The sum of dilutive potential common shares or units used in the calculation of the diluted per-share or per-unit computation.

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-Name Accounting Standards Codification

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