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SPONSORS AND MANAGEMENT WARRANTS (Details) (USD $)
0 Months Ended 12 Months Ended 0 Months Ended 0 Months Ended 1 Months Ended
Dec. 07, 2012
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2013
Dec. 31, 2012
Brookfield
Dec. 07, 2012
Blackstone Real Estate Partners
Dec. 07, 2012
Fairholme Fund and the Fairholme Focused Income Fund
Dec. 31, 2013
Sponsors Warrants
Dec. 31, 2012
Sponsors Warrants
Nov. 09, 2010
Sponsors Warrants
Nov. 09, 2012
Sponsors Warrants
Brookfield
Feb. 28, 2011
Management Warrants
Dec. 31, 2013
Management Warrants
Dec. 31, 2012
Management Warrants
Feb. 28, 2011
Management Warrants
David R. Weinreb
Feb. 28, 2011
Management Warrants
Grant Herlitz
Feb. 28, 2011
Management Warrants
Andrew C. Richardson
Sponsors and Management Warrants                                  
Issuance of warrants to purchase common stock (in shares)       1,525,272       1,916,667   8,000,000 1,525,272 2,862,687 2,862,687        
Estimated initial value                   $ 69,500,000              
Exercise price (in dollars per share)           $ 30.00 $ 30.00     $ 50.00 $ 50.00       $ 42.23 $ 42.23 $ 54.50
Proceeds from issuance of management warrants     2,000,000                 19,000,000          
Proceeds from exercise of warrants                     76,300,000            
Number of shares of common stock under warrants repurchased           333,333 1,916,667       2,308,061            
Payments for repurchase of warrants 67,500,000 80,548,000                 89,300,000            
Cash consideration paid net of exercise price                     13,000,000            
Additional paid-in capital         108,600,000                        
Warrant liabilities   $ 123,573,000   $ 305,560,000       $ 141,800,000 $ 58,500,000       $ 163,800,000 $ 65,100,000