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OTHER ASSETS AND LIABILITIES (Details) (USD $)
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Dec. 31, 2013
Prepaid Expenses and Other Assets      
Total prepaid expenses and other assets $ 282,902,000   $ 173,940,000
Increase in uncertain tax position asset 7,100,000    
Accounts Payable and Accrued Expenses      
Total accounts payable and accrued expenses 451,228,000   283,991,000
Increase in accounts payable and accrued expenses (5,740,000) (5,918,000)  
Prepaid expenses and other assets
     
Prepaid Expenses and Other Assets      
Special Improvement District receivable 39,750,000   39,688,000
Equipment, net of accumulated depreciation of $1.6 and $0.7 million, respectively 21,041,000   21,978,000
Tenant incentives and other receivables 5,490,000   6,757,000
Federal income tax receivable 6,099,000   6,053,000
Prepaid expenses 6,832,000   4,744,000
Condominium deposits 115,645,000   12,405,000
Security and escrow deposits 30,838,000   28,082,000
Uncertain tax position asset 20,616,000   13,528,000
Intangibles 3,654,000   3,714,000
Other 3,887,000   6,588,000
Total prepaid expenses and other assets 282,902,000   173,940,000
Accumulated depreciation on other equipment 1,600,000   700,000
Increase in prepaid expenses and other assets 109,000,000    
Increase in restricted condominium deposits 103,200,000    
Accounts payable and accrued expenses
     
Accounts Payable and Accrued Expenses      
Construction payables 177,539,000   106,741,000
Accounts payable and accrued expenses 34,511,000   46,998,000
Condominium deposits 115,645,000   12,405,000
Membership deposits 22,063,000   24,830,000
Deferred income 31,084,000   18,963,000
Accrued interest 14,916,000   17,463,000
Accrued real estate taxes 6,247,000   8,581,000
Tenant and other deposits 11,548,000   9,490,000
Insurance reserve 1,000,000   1,417,000
Accrued payroll and other employee liabilities 12,707,000   15,666,000
Special Assessment 2,603,000   2,603,000
Interest rate swap 4,076,000   4,164,000
Other 14,938,000   12,239,000
Total accounts payable and accrued expenses 451,228,000   283,991,000
Increase in accounts payable and accrued expenses 167,200,000    
Increase in condominium deposits 103,200,000    
Increase in construction payable 70,800,000    
Ward Village
     
Prepaid Expenses and Other Assets      
Number of new market rate towers 2    
Below-market ground leases | Prepaid expenses and other assets
     
Prepaid Expenses and Other Assets      
Net carrying amount 19,833,000   20,002,000
Above-market tenant leases | Prepaid expenses and other assets
     
Prepaid Expenses and Other Assets      
Net carrying amount 991,000   1,095,000
In-place value tenant leases | Prepaid expenses and other assets
     
Prepaid Expenses and Other Assets      
Net carrying amount 8,226,000   9,306,000
Above-market ground leases | Accounts payable and accrued expenses
     
Accounts Payable and Accrued Expenses      
Net carrying amount $ 2,351,000   $ 2,431,000