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RECENT TRANSACTIONS (Details)
$ in Thousands
3 Months Ended
Mar. 16, 2016
ft²
Mar. 31, 2016
USD ($)
RECENT TRANSACTIONS    
Proceeds from disposition of 80 South Street Assemblage, net | $   $ 378,257
Pre-tax gain recognized on the sale | $   $ 140,479
Area of land sold (in square feet) | ft² 42,694  
Air rights with total residential and commercial development rights (in square feet) | ft² 817,784