REAL ESTATE AND OTHER AFFILIATES (Details) (USD $)	3 Months Ended			3 Months Ended				3 Months Ended					0 Months Ended	3 Months Ended		0 Months Ended			3 Months Ended		0 Months Ended		3 Months Ended	0 Months Ended		3 Months Ended		3 Months Ended			0 Months Ended		1 Months Ended			0 Months Ended	3 Months Ended		0 Months Ended				0 Months Ended	3 Months Ended				0 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Mar. 31, 2014 Primary beneficiary item	Mar. 31, 2014 Equity method investments	Mar. 31, 2013 Equity method investments	Dec. 31, 2013 Equity method investments	Mar. 31, 2014 Cost basis investments	Mar. 31, 2013 Cost basis investments	Dec. 31, 2013 Cost basis investments	Mar. 31, 2014 Circle T Ranch and Power Center Equity method investments	Dec. 31, 2013 Circle T Ranch and Power Center Equity method investments	Oct. 11, 2011 HHMK Development, LLC item	Mar. 31, 2014 HHMK Development, LLC Equity method investments	Dec. 31, 2013 HHMK Development, LLC Equity method investments	May 15, 2013 KR Holdings, LLC	Sep. 17, 2012 KR Holdings, LLC	Jun. 14, 2012 KR Holdings, LLC	Mar. 31, 2014 KR Holdings, LLC Equity method investments	Dec. 31, 2013 KR Holdings, LLC Equity method investments	Sep. 17, 2012 KR Holdings, LLC A & B Properties, Inc.	Sep. 17, 2012 KR Holdings, LLC Mezzanine loan agreements item	Mar. 31, 2014 KR Holdings, LLC Construction loan	Jul. 05, 2012 Millennium Woodlands Phase II, LLC acre	May 14, 2012 Millennium Woodlands Phase II, LLC item	Mar. 31, 2014 Millennium Woodlands Phase II, LLC Equity method investments	Dec. 31, 2013 Millennium Woodlands Phase II, LLC Equity method investments	Mar. 31, 2014 Stewart Title Equity method investments	Mar. 31, 2013 Stewart Title Equity method investments	Dec. 31, 2013 Stewart Title Equity method investments	Jan. 24, 2014 Summerlin Apartments, LLC item acre	Mar. 31, 2014 Summerlin Apartments, LLC Equity method investments	May 31, 2013 Summerlin Las Vegas Baseball Club	Aug. 31, 2012 Summerlin Las Vegas Baseball Club	Aug. 06, 2012 Summerlin Las Vegas Baseball Club	Aug. 06, 2012 Summerlin Las Vegas Baseball Club Las Vegas 51S LLC	Mar. 31, 2014 Summerlin Las Vegas Baseball Club Equity method investments	Dec. 31, 2013 Summerlin Las Vegas Baseball Club Equity method investments	Jul. 11, 2013 The Metropolitan Downtown Columbia Project	Oct. 27, 2011 The Metropolitan Downtown Columbia Project	Mar. 31, 2014 The Metropolitan Downtown Columbia Project Equity method investments	Dec. 31, 2013 The Metropolitan Downtown Columbia Project Equity method investments	Jul. 11, 2013 The Metropolitan Downtown Columbia Project Construction loan	Mar. 31, 2014 Woodlands Sarofim # 1 Equity method investments	Mar. 31, 2013 Woodlands Sarofim # 1 Equity method investments	Dec. 31, 2013 Woodlands Sarofim # 1 Equity method investments	Mar. 31, 2014 Properties owned by real estate affiliates	Oct. 04, 2013 Parcel C acre item sqft	Mar. 31, 2014 Parcel C Equity method investments	Dec. 31, 2013 Parcel C Equity method investments
Investment in Real Estate and Other Affiliates
Economic/Legal ownership (as a percent)											50.00%	50.00%		50.00%	50.00%				50.00%	50.00%						81.43%	81.43%	50.00%		50.00%		50.00%			50.00%		50.00%	50.00%			50.00%	50.00%		20.00%		20.00%			50.00%	50.00%
Carrying Value	$ 67,323,000		$ 61,021,000		$ 63,530,000		$ 57,275,000	$ 3,793,000		$ 3,746,000	$ 9,004,000	$ 9,004,000		$ 13,000	$ 13,000				$ 25,478,000	$ 19,764,000						$ 2,171,000	$ 2,174,000	$ 3,736,000		$ 3,843,000							$ 10,510,000	$ 10,636,000			$ 3,505,000	$ 3,461,000		$ 2,582,000		$ 2,579,000			$ 6,531,000	$ 5,801,000
Share of Earnings/Dividends	6,068,000	2,733,000			4,287,000	230,000		1,781,000	2,503,000					290,000					4,009,000							(36,000)		93,000	191,000								(126,000)							57,000	39,000
Aggregate carrying value of unconsolidated VIEs	44,700,000		38,400,000
Secured debt																																															81,500,000
Share of the entity in secured debt																																															46,900,000
Number of variable interest entities				1
Carrying values of the assets associated with the operations of the consolidated VIEs	20,100,000		20,600,000
Carrying values of the liabilities associated with the operations of the consolidated VIEs	100,000		100,000
Number of local developers with whom the entity entered into a joint venture													2
Amount funded in cash to joint venture																																	10,200,000	300,000
Area of land contributed to the joint venture (in acres)																								4.8							5.5																	5
Number of units in Class A apartment building to be constructed																									314						124																	437
Area of real estate property to be constructed (in square feet)																																																31,000
Fair value of the land contributed to joint venture																								15,500,000							3,200,000								20,300,000									23,400,000
Book value of land contributed to joint venture	244,041,000		244,041,000																																													4,000,000
Transaction value, per constructed unit of land contributed to joint venture																																							53,500									53,500
Ownership ratio in a joint venture (as a percent)																		50.00%																		100.00%
Number of debt instruments																						2
Aggregate principal amount of debt issued																						20,000,000																					64,100,000
Blended interest rate (as a percent)																						12.00%
Option to extend, term																						1 year
Preferred return, on capital (as a percent)																	13.00%
Maximum share in the profits of joint venture																					3,000,000
Net cash proceeds from sale of condominium rights																30,800,000
Percentage of in substance real estate sold																50.00%
Cash contributed by joint venture partner																16,800,000								3,000,000							3,200,000								13,300,000
Percentage of ownership interest of partners in joint venture																50.00%															50.00%									50.00%
Area of land (in acres)																															400
Percentage of proceeds in excess of an amount determined by applying a specified capitalization rate to NOI																															100.00%
Capitalization rate (as a percent)																															7.00%
Maximum Facility Amount																							132,000,000
Variable rate basis																							one-month LIBOR																				one-month LIBOR
Interest rate margin (as a percent)																							3.00%																				2.40%
Construction loan secured																								37,700,000
Distribution of the cash contributed by joint venture partner																																							7,000,000
Future contribution required in accordance with the loan agreement																																							3,100,000
Additional improvements made in the venture																																							16,400,000
Net profit recognized on partial sale of joint venture interest																																							$ 700,000