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REAL ESTATE AND OTHER AFFILIATES (Summary of Investments in Real Estate and Other Affiliates) (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2016
USD ($)
item
Mar. 31, 2015
USD ($)
Dec. 31, 2015
USD ($)
Jan. 24, 2014
Investment in Real Estate and Other Affiliates        
Carrying Value $ 56,295   $ 57,811  
Share of Earnings/Dividends 1,932 $ 1,788    
Aggregate carrying value of unconsolidated VIEs $ 14,000   21,500  
Number of variable interest entities in which entity is primary beneficiary | item 1      
Carrying values of the assets associated with the operations of the consolidated VIEs $ 21,500   21,500  
Carrying values of the liabilities associated with the operations of the consolidated VIEs 1,100   1,100  
Equity Method Investments [Member]        
Investment in Real Estate and Other Affiliates        
Carrying Value 51,948   53,859  
Share of Earnings/Dividends (684) 41    
Cost Method Investments [Member]        
Investment in Real Estate and Other Affiliates        
Carrying Value 4,347   3,952  
Share of Earnings/Dividends 2,616 1,747    
Constellation        
Investment in Real Estate and Other Affiliates        
Economic/Legal Ownership       50.00%
Master Planned Communities | The Summit        
Investment in Real Estate and Other Affiliates        
Carrying Value $ 12,052   $ 12,052  
Operating Assets | 33 Peck Slip | Equity Method Investments [Member]        
Investment in Real Estate and Other Affiliates        
Economic/Legal Ownership 35.00%      
Carrying Value $ 5,969      
Share of Earnings/Dividends $ 19      
Operating Assets | Millennium Woodlands Phase II, LLC | Equity Method Investments [Member]        
Investment in Real Estate and Other Affiliates        
Economic/Legal Ownership 81.43%   81.43%  
Share of Earnings/Dividends $ 13 (661)    
Operating Assets | Stewart Title | Equity Method Investments [Member]        
Investment in Real Estate and Other Affiliates        
Economic/Legal Ownership 50.00%   50.00%  
Carrying Value $ 3,567   $ 3,715  
Share of Earnings/Dividends $ 102 194    
Operating Assets | Clark County Las Vegas Stadium | Equity Method Investments [Member]        
Investment in Real Estate and Other Affiliates        
Economic/Legal Ownership 50.00%   50.00%  
Carrying Value $ 10,891   $ 11,050  
Share of Earnings/Dividends $ (159) (117)    
Operating Assets | The Metropolitan Downtown Columbia | Equity Method Investments [Member]        
Investment in Real Estate and Other Affiliates        
Economic/Legal Ownership 50.00%   50.00%  
Carrying Value $ 4,156   $ 4,872  
Share of Earnings/Dividends $ (717) (319)    
Operating Assets | Woodlands Sarofim 1 | Equity Method Investments [Member]        
Investment in Real Estate and Other Affiliates        
Economic/Legal Ownership 20.00%   20.00%  
Carrying Value $ 2,631   $ 2,588  
Share of Earnings/Dividends $ 53 40    
Strategic Developments | Circle T | Equity Method Investments [Member]        
Investment in Real Estate and Other Affiliates        
Economic/Legal Ownership 50.00%   50.00%  
Carrying Value $ 9,128   $ 9,128  
Strategic Developments | HHMK Development LLC | Equity Method Investments [Member]        
Investment in Real Estate and Other Affiliates        
Economic/Legal Ownership 50.00%   50.00%  
Carrying Value $ 10   $ 10  
Share of Earnings/Dividends   539    
Strategic Developments | KR Holdings LLC | Equity Method Investments [Member]        
Investment in Real Estate and Other Affiliates        
Economic/Legal Ownership 50.00%   50.00%  
Carrying Value $ 753   $ 689  
Share of Earnings/Dividends $ 5 $ 365    
Strategic Developments | m.flats (formerly Parcel C) | Equity Method Investments [Member]        
Investment in Real Estate and Other Affiliates        
Economic/Legal Ownership 50.00%   50.00%  
Carrying Value $ 106   $ 7,070  
Strategic Developments | Constellation | Equity Method Investments [Member]        
Investment in Real Estate and Other Affiliates        
Economic/Legal Ownership 50.00%   50.00%  
Carrying Value $ 2,685   $ 2,685  
Unconsolidated Properties        
Investment in Real Estate and Other Affiliates        
Secured debt 137,800      
Share of the entity in secured debt $ 75,200