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RECEIVABLE FROM AND PAYABLE TO RELATED PARTIES (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Related party receivable, beginning     $ 37,768  
Cash transfers     10,131  
Advisory fee $ (164) $ (160) (326) $ (313)
Net income fee (77) $ (54) (137) $ (126)
Cost reimbursements     (111)  
Expenses paid by advisor     207  
Interest income     776  
Related party receivable, ending 48,308   48,308  
Transcontinental Realty Investors, Inc [Member]        
Related party receivable, beginning     37,768  
Interest income     776  
Purchase of obligations     9,764  
Related party receivable, ending $ 48,308   48,308  
Pillar Income Asset Management, Inc [Member]        
Cash transfers     10,131  
Advisory fee     (326)  
Net income fee     (137)  
Cost reimbursements     (111)  
Expenses paid by advisor     207  
Purchase of obligations     $ (9,764)