OTHER ASSETS AND LIABILITIES (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Prepaid Expenses and Other Assets
Special Improvement District receivable	$ 31,866	$ 33,318
Equipment, net of accumulated depreciation of $3.2 million and $2.4 million, respectively	19,528	20,284
Tenant incentives and other receivables	19,843	14,264
Federal income tax receivable	8,623	8,629
Prepaid expenses	7,869	9,196
Condominium deposits	79,590	151,592
Condominium receivables	42,491
Security and escrow deposits	12,353	9,829
Uncertain tax position asset	422	383
Intangibles	3,932	3,593
Other	1,593	2,014
Total prepaid expenses and other assets	278,251	310,136
Accumulated depreciation on other equipment	3,200	2,400
Accounts Payable and Accrued Expenses
Construction payables	192,210	170,935
Accounts payable and accrued expenses	27,009	34,154
Condominium deposits	22,102	82,150
Membership deposits	21,346	21,023
Deferred income	69,502	65,675
Accrued interest	15,239	14,791
Accrued real estate taxes	9,639	9,903
Tenant and other deposits	31,181	12,756
Accrued payroll and other employee liabilities	16,822	25,838
Interest rate swap	2,993	3,144
Other	27,763	23,376
Total accounts payable and accrued expenses	437,998	466,017
Prepaid Expenses and Other Current Assets
Prepaid Expenses and Other Assets
Increase in prepaid expenses and other assets	31,900
Increase in acquired in-place leases	6,200
Increase in condominium receivables	42,500
Increase in restricted condominium deposits	72,000
Accounts Payable and Accrued Liabilities
Accounts Payable and Accrued Expenses
Increase in accounts payable and accrued expenses	28,000
Increase in construction payable	21,300
Increase in accrued payroll	9,000
Decrease in accrued real estate taxes	7,100
Increase in condominium deposits	18,400
Ward Village | Prepaid Expenses and Other Current Assets
Prepaid Expenses and Other Assets
Increase in condominium deposits	60,000
Ground Leases below Market
Prepaid Expenses and Other Assets
Net carrying amount	19,494	19,663
Tenant Leases above Market
Prepaid Expenses and Other Assets
Net carrying amount	4,089	4,656
Leases, Acquired-in-Place
Prepaid Expenses and Other Assets
Net carrying amount	26,558	32,715
Ground Leases above Market
Accounts Payable and Accrued Expenses
Net carrying amount	$ 2,192	$ 2,272