INVESTMENTS IN UNCONSOLIDATED JOINT VENTURES (Tables)
|12 Months Ended|
Dec. 31, 2017
|Equity Method Investments and Joint Ventures [Abstract]|
|Schedule of information on the joint ventures||
The following is summary information on the joint ventures that have had some activity in 2017 and 2016. The Company has no fixed commitment to fund any losses of the operating joint ventures and has no investment basis in any of the joint ventures therefore the Company has suspended the recognition of losses under the equity method of accounting.
Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information.
Reference 1: http://www.xbrl.org/2003/role/presentationRef