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FAIR VALUE MEASUREMENTS (Details) (USD $)
Dec. 31, 2014
Dec. 31, 2013
Mortgage Notes Payable    
Carrying Amount $ 196,071,540us-gaap_SecuredDebt $ 198,520,478us-gaap_SecuredDebt
Wholly owned properties    
Mortgage Notes Payable    
Carrying Amount 196,071,540us-gaap_SecuredDebt
/ us-gaap_RealEstatePropertiesAxis
= us-gaap_WhollyOwnedPropertiesMember
198,520,478us-gaap_SecuredDebt
/ us-gaap_RealEstatePropertiesAxis
= us-gaap_WhollyOwnedPropertiesMember
Estimated Fair Value 210,691,170us-gaap_LongTermDebtFairValue
/ us-gaap_RealEstatePropertiesAxis
= us-gaap_WhollyOwnedPropertiesMember
196,059,827us-gaap_LongTermDebtFairValue
/ us-gaap_RealEstatePropertiesAxis
= us-gaap_WhollyOwnedPropertiesMember
Partially owned properties    
Mortgage Notes Payable    
Carrying Amount 137,910,870us-gaap_SecuredDebt
/ us-gaap_RealEstatePropertiesAxis
= us-gaap_PartiallyOwnedPropertiesMember
137,875,515us-gaap_SecuredDebt
/ us-gaap_RealEstatePropertiesAxis
= us-gaap_PartiallyOwnedPropertiesMember
Estimated Fair Value $ 147,843,221us-gaap_LongTermDebtFairValue
/ us-gaap_RealEstatePropertiesAxis
= us-gaap_PartiallyOwnedPropertiesMember
$ 147,975,521us-gaap_LongTermDebtFairValue
/ us-gaap_RealEstatePropertiesAxis
= us-gaap_PartiallyOwnedPropertiesMember