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RENTAL PROPERTIES (Hamilton Green) (Details) - Hamilton Green | Dec. 20, 2013 USD ($) | Dec. 20, 2013 USD ($) | Jul. 15, 2013 USD ($) item
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RENTAL PROPERTIES |  |  |
Number of units | item |  |  | 193
Purchase price of real estate properties |  |  | $ 62,500,000
Purchase price allocated to the value of the in-place leases |  |  | 1,656,000
Purchase price allocated to the value of the tenant relationships |  |  | $ 96,000
Amortization period of value of the in-place leases |  |  | 12 months
Amortization period of value of the tenant relationships |  |  | 36 months
Proceeds from sale of like kind property |  |  | $ 2,100,000
Short Term Loan, Due November 2013 |  |  |
RENTAL PROPERTIES |  |  |
Short term finance for real estate properties |  |  | 40,000,000
Closing costs associated with financing |  |  | $ 38,000
Mortgages payable |  |  |
RENTAL PROPERTIES |  |  |
Closing costs associated with financing | $ 346,000 |  |
Term of debt |  | 15 years |
Mortgage amount | $ 38,500,000 | $ 38,500,000 |
Interest rate (as a percent) | 4.67% | 4.67% |
Period for which the entity is required to make interest only payments | 2 years | 2 years |
Amortization period of debt | 30 years | 30 years |
Additional capital required for refinancing | $ 1,846,000 | $ 1,846,000 |

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