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COMMITMENTS AND CONTINGENCIES (Summary of South Street Seaport Contingencies) (Details) - USD ($)
12 Months Ended 39 Months Ended
Jun. 27, 2013
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Commitments        
Pre-tax gain recognized in Other (income)/expense   $ 300,000    
South Street Seaport Ground Lease        
Commitments        
Annual fixed rent $ 1,200,000      
Annual rent escalation rate (as a percent) 3.00%      
Additional annual rent payments to be made through the term of the lease $ 210,000      
Rent credit to be received   $ 1,500,000   $ 1,500,000
Maximum period for rent credit   30 months    
Damage Due to Flooding        
Commitments        
Insurance recoveries collected       $ 47,900,000
Pre-tax gain recognized in Other (income)/expense   $ 300,000 $ 24,600,000