SEGMENTS (Summary of Segment Operating Results) (Details) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2015 USD ($)	Sep. 30, 2015 USD ($)	Jun. 30, 2015 USD ($)	Mar. 31, 2015 USD ($)	Dec. 31, 2014 USD ($)	Sep. 30, 2014 USD ($)	Jun. 30, 2014 USD ($)	Mar. 31, 2014 USD ($)	Dec. 31, 2015 USD ($) segment	Dec. 31, 2014 USD ($)	Dec. 31, 2013 USD ($)
Segments reporting
Number of reportable segments | segment									3
Land sales									$ 187,399	$ 325,099	$ 251,217
Builder price participation									26,846	20,908	9,356
Minimum rents									150,805	97,234	81,668
Tenant recoveries									39,542	28,353	21,068
Condominium rights and unit sales									305,284	83,565	32,969
Other land revenues									14,803	16,503	13,416
Hospitality revenues									45,374	37,921	39,201
Other rental and property revenues									27,035	24,982	20,523
Total revenues	$ 229,393	$ 203,442	$ 209,163	$ 155,090	$ 207,053	$ 119,228	$ 209,631	$ 98,653	797,088	634,565	469,418
Cost of sales - land									88,065	119,672	124,040
Other property operating costs									72,751	67,034	65,723
Rental property real estate taxes									24,138	17,407	14,291
Rental property maintenance costs									10,712	9,135	8,083
Hospitality expenses									34,839	31,829	29,454
Provision for (recovery of) doubtful accounts									4,030	1,404	836
Demolition costs									3,297	6,734	2,078
Development-related marketing costs									25,466	22,783	5,880
Depreciation and amortization									98,997	55,958	33,845
Other expense (income)									(1,829)	(29,471)	(29,478)
Interest income									(586)	(22,531)	(3,185)
Equity in Earnings from Real Estate and Other Affiliates									(3,721)	(23,336)	(14,428)
REP EBT									202,300	255,838	154,437
Operating Segments
Segments reporting
REP EBT									202,300	255,838	154,437
Operating Segments | Master Planned Communities
Segments reporting
Land sales									187,399	325,099	251,217
Builder price participation									26,846	20,908	9,356
Minimum rents									842	818	781
Other land revenues									14,778	16,470	13,416
Total revenues									229,865	363,295	274,770
Cost of sales - land									88,065	119,672	124,040
Land sales operations									34,443	31,932	30,826
Land sales real estate and business taxes									10,464	9,862	7,588
Provision for (recovery of) doubtful accounts										(11)
Depreciation and amortization									640	397	32
Interest income									(60)	(118)	(16)
Interest expense									(18,053)	(19,620)	(18,678)
Total expenses									115,499	142,114	143,792
REP EBT									114,366	221,181	130,978
Operating Segments | Operating Assets
Segments reporting
Minimum rents									149,064	95,807	80,124
Tenant recoveries									39,415	28,133	20,901
Hospitality revenues									45,374	37,921	39,201
Other rental and property revenues									25,453	24,429	20,360
Total revenues									259,306	186,290	160,586
Other property operating costs									68,078	62,752	61,146
Rental property real estate taxes									21,856	14,860	12,065
Rental property maintenance costs									10,236	8,592	7,552
Hospitality expenses									34,839	31,829	29,454
Provision for (recovery of) doubtful accounts									3,998	1,399	835
Demolition costs									2,675	6,712	2,078
Development-related marketing costs									9,747	9,770	3,462
Depreciation and amortization									89,075	49,272	31,427
Other expense (income)									(524)
Interest income									(37)	(151)	(135)
Interest expense									31,148	17,081	19,146
Equity in Earnings from Real Estate and Other Affiliates									(1,883)	(2,025)	(3,893)
Total expenses									269,208	200,091	163,137
REP EBT									(9,902)	(13,801)	(2,551)
Operating Segments | Strategic Developments
Segments reporting
Minimum rents									899	609	763
Tenant recoveries									127	220	167
Condominium rights and unit sales									305,284	83,565	32,969
Other land revenues									25	33
Other rental and property revenues									1,582	553	163
Total revenues									307,917	84,980	34,062
Condominium rights and unit cost of sales									191,606	49,995	16,572
Other property operating costs									4,673	4,282	5,547
Rental property real estate taxes									2,282	2,547	2,226
Rental property maintenance costs									476	543	531
Provision for (recovery of) doubtful accounts									32	16
Demolition costs									622	22
Development-related marketing costs									15,719	13,013	1,449
Depreciation and amortization									3,240	1,706	189
Other expense (income)									104	(2,373)	(3,609)
Interest income									(202)
Interest expense									(6,633)	(11,918)	(4,318)
Equity in Earnings from Real Estate and Other Affiliates									(1,838)	(21,311)	(10,535)
Total expenses									210,081	36,522	8,052
REP EBT									$ 97,836	$ 48,458	$ 26,010