INCOME TAXES - Summary of Income tax reconciliations at federal statutory rate (Details) (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Income Tax Disclosure [Abstract]    
Income (loss) before income taxes $ 17,684,000 $ (60,000)
Computed tax at federal statutory rate of 34% 6,012,000 (20,000)
State taxes at 5.5% 973,000 (4,000)
REIT capital gains dividend paid (1,645,000)   
Utilization of net operating loss carryover (2,408,000)   
REIT related adjustments (407,000) (21,000)
Unrealized gain from marketable securities for book not tax (26,000) (31,000)
Other items, net 9,000 10,000
Tax provision for (benefit from) income taxes   $ (66,000)