Annual report pursuant to Section 13 and 15(d)

INCOME TAXES - Components of Income Tax Expense (Details 2)

v2.4.1.9
INCOME TAXES - Components of Income Tax Expense (Details 2)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Income tax rate reconciliation      
Provision at the statutory rate 35.00%us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate 35.00%us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate 35.00%us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
Non-taxable REIT income (56.20%)us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome (33.88%)us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome (35.00%)us-gaap_EffectiveIncomeTaxRateReconciliationTaxExemptIncome
State and local taxes (1.18%)us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes 0.21%us-gaap_EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes  
Valuation allowance 21.70%us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance (0.50%)us-gaap_EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance  
Other (1.80%)us-gaap_EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent 0.90%us-gaap_EffectiveIncomeTaxRateReconciliationOtherReconcilingItemsPercent  
Total Provision (2.48%)us-gaap_EffectiveIncomeTaxRateContinuingOperations 1.73%us-gaap_EffectiveIncomeTaxRateContinuingOperations 0.00%us-gaap_EffectiveIncomeTaxRateContinuingOperations