FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2012	Dec. 31, 2011
Liabilities
Warrants	$ 290,488	$ 127,764
Interest rate swaps	7,724	4,367
Recurring basis | Total
Liabilities
Warrants	290,488	127,764
Interest rate swaps	7,724	4,367
Recurring basis | Significant Other Observable Inputs (Level 2)
Liabilities
Interest rate swaps	7,724	4,367
Recurring basis | Significant Unobservable Inputs (Level 3)
Liabilities
Warrants	290,488	127,764
Non-recurring basis | Total
Assets:
Investment in Real Estate Affiliates	22,405
Non-recurring basis | Quoted Prices in Active Markets for Identical Assets (Level 1)
Assets:
Investment in Real Estate Affiliates	$ 22,405