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MORTGAGES, NOTES AND LOANS PAYABLE - (Schedule of Debt by Property) (Details)
1 Months Ended 3 Months Ended 12 Months Ended
Feb. 25, 2016
USD ($)
Jan. 27, 2016
USD ($)
Dec. 30, 2015
USD ($)
item
Nov. 09, 2015
USD ($)
item
Oct. 23, 2015
USD ($)
May. 15, 2015
USD ($)
May. 06, 2015
USD ($)
item
Oct. 02, 2013
USD ($)
Jul. 31, 2015
USD ($)
Mar. 31, 2016
USD ($)
item
Mar. 31, 2015
USD ($)
Dec. 31, 2015
USD ($)
Nov. 24, 2015
USD ($)
Mar. 25, 2015
USD ($)
Mortgages, notes and loans payable                            
Unamortized underwriting fees                   $ (6,527,000)   $ (6,767,000)    
Deferred Financing Costs, net of accumulated amortization                   (11,779,000)   (12,392,000)    
Total mortgages, notes and loans payable                   2,543,638,000   2,443,962,000    
Deferred Financing Costs, accumulated amortization                   $ 13,100,000   $ 12,700,000    
Weighted average interest rate (as a percent)                   4.50%   4.44%    
Net cash proceeds received from issuance                   $ 98,616,000 $ 137,566,000      
One Month LIBOR                            
Mortgages, notes and loans payable                            
Variable rate basis (as a percent)                   0.44%        
Variable rate basis                   one month LIBOR        
Other Corporate Financing Arrangements                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   3.00%        
Facility Amount                   $ 22,700,000        
Mortgages, notes, and loans payable, gross                   $ 18,553,000   $ 18,794,000    
Other Corporate Financing Arrangements | Recourse Debt                            
Mortgages, notes and loans payable                            
Mortgages, notes, and loans payable, gross                       20,400,000    
Senior Notes 6.875 Percent Due 2021                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   6.88%        
Mortgages, notes, and loans payable, gross                   $ 750,000,000   750,000,000    
Senior Notes 6.875 Percent Due 2021 | Recourse Debt                            
Mortgages, notes and loans payable                            
Mortgages, notes, and loans payable, gross                   750,000,000        
Woodlands Properties                            
Mortgages, notes and loans payable                            
Land, buildings and equipment and developments in progress pledged as collateral                   2,400,000,000        
Master Planned Communities                            
Mortgages, notes and loans payable                            
Mortgages, notes, and loans payable, gross                   $ 292,564,000   282,889,000    
Variable rate basis       three-month LIBOR                    
Debt refinanced       $ 15,200,000                    
Number of extension options | item       2                    
Option to extend, term       1 year                    
Fixed interest rate (as a percent)       4.60%                    
Master Planned Communities | Three Month LIBOR                            
Mortgages, notes and loans payable                            
Interest rate margin (as a percent)       3.15%                    
Master Planned Communities | Bridgeland | Land Loan                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   4.60%        
Facility Amount                   $ 65,000,000        
Mortgages, notes, and loans payable, gross                   $ 50,284,000   40,072,000    
Master Planned Communities | Summerlin | Bonds                            
Mortgages, notes and loans payable                            
New SIDs issued                       54,000,000    
Bond obligation                       16,700,000    
Master Planned Communities | Summerlin South | S124                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   5.95%        
Mortgages, notes, and loans payable, gross                   $ 159,000   159,000    
Master Planned Communities | Summerlin South | S128                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   6.05%        
Mortgages, notes, and loans payable, gross                   $ 534,000   534,000    
Master Planned Communities | Summerlin South | S128C                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   6.05%        
Mortgages, notes, and loans payable, gross                   $ 4,855,000   4,856,000    
Master Planned Communities | Summerlin South | S132                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   6.00%        
Mortgages, notes, and loans payable, gross                   $ 1,645,000   1,676,000    
Master Planned Communities | Summerlin South | S151                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   6.00%        
Mortgages, notes, and loans payable, gross                   $ 4,534,000   4,534,000    
Master Planned Communities | Summerlin South | S159                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   6.00%        
Mortgages, notes, and loans payable, gross                   $ 9,020,000   9,020,000    
Master Planned Communities | Summerlin West | S808 or 810                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   6.00%        
Mortgages, notes, and loans payable, gross                   $ 1,026,000   1,047,000    
Master Planned Communities | Summerlin West | S812                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   6.00%        
Mortgages, notes, and loans payable, gross                   $ 27,844,000   28,328,000    
Master Planned Communities | Woodlands Properties                            
Mortgages, notes and loans payable                            
Number of extension options | item                   2        
Master Planned Communities | Woodlands Properties | Line of Credit                            
Mortgages, notes and loans payable                            
Facility Amount                   $ 200,000,000        
Interest rate margin (as a percent)                 2.75%          
Option to extend, term                   1 year        
Undrawn and available borrowing capacity                   $ 7,300,000        
Maximum facility amount at first extension option                   175,000,000        
Maximum facility amount at second extension option                   $ 25,000,000        
Master Planned Communities | Woodlands Properties | Line of Credit | One Month LIBOR                            
Mortgages, notes and loans payable                            
Variable rate basis                 one-month LIBOR          
Master Planned Communities | Woodlands Properties | Term Loan                            
Mortgages, notes and loans payable                            
Facility Amount                 $ 100,000,000          
Master Planned Communities | Woodlands Properties | Revolving Credit Facility                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   3.19%        
Facility Amount                 $ 100,000,000 $ 200,000,000        
Mortgages, notes, and loans payable, gross                   192,663,000   192,663,000    
Operating Assets                            
Mortgages, notes and loans payable                            
Mortgages, notes, and loans payable, gross                   $ 1,398,083,000   1,360,353,000    
Operating Assets | Capital Lease Obligations                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   3.60%        
Mortgages, notes, and loans payable, gross                   $ 49,000   52,000    
Operating Assets | Downtown Summerlin                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   2.69%        
Facility Amount                   $ 311,800,000        
Mortgages, notes, and loans payable, gross                   $ 291,950,000   $ 289,804,000    
Operating Assets | Downtown Summerlin | Recourse Debt                            
Mortgages, notes and loans payable                            
Maximum percent recourse                       35.00%    
Maximum recourse upon completion of the project and achievement of debt service coverage ratio                       15.00%    
Maximum percentage recourse upon achievement of conditions                       10.00%    
Debt service coverage ratio to be achieved for reduction in maximum recourse                       1.15    
Debt service coverage ratio to be achieved for further reduction in maximum recourse                       1.25    
Minimum average tenant sales per net rentable square foot to be achieved for further reduction in maximum recourse                       $ 500.00    
Occupancy percentage                       90.00%    
Operating Assets | Downtown Summerlin | S108                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   5.95%        
Mortgages, notes, and loans payable, gross                   $ 235,000   $ 235,000    
Operating Assets | Downtown Summerlin | S128                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   6.05%        
Mortgages, notes, and loans payable, gross                   $ 3,350,000   3,350,000    
Operating Assets | The Woodlands Resort and Conference Center                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   3.19%        
Mortgages, notes, and loans payable, gross     $ 85,000,000             $ 85,000,000   85,000,000    
Number of extension options | item     2                      
Option to extend, term     1 year                      
Operating Assets | The Woodlands Resort and Conference Center | LIBOR                            
Mortgages, notes and loans payable                            
Interest rate margin (as a percent)     2.75%                      
Operating Assets | 10-60 Columbia Corporate Center                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   2.80%        
Outstanding balance                   $ 40,000,000        
Mortgages, notes, and loans payable, gross             $ 80,000,000     $ 80,000,000   80,000,000    
Number of extension options | item             2              
Option to extend, term             1 year              
Fixed interest rate per swap (as a percent)                   3.41%        
Operating Assets | 10-60 Columbia Corporate Center | LIBOR                            
Mortgages, notes and loans payable                            
Interest rate margin (as a percent)             1.75%              
Operating Assets | 70 Columbia Corporate Center | Line of Credit                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   2.69%        
Mortgages, notes, and loans payable, gross                   $ 20,000,000   20,000,000    
Operating Assets | Columbia Regional Building | Line of Credit                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   2.44%        
Facility Amount                   $ 23,008,000        
Mortgages, notes, and loans payable, gross                   $ 22,188,000   22,188,000    
Operating Assets | One Hughes Landing                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   4.30%        
Mortgages, notes, and loans payable, gross                   $ 52,000,000   52,000,000    
Operating Assets | Two Hughes Landing                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   4.20%        
Mortgages, notes, and loans payable, gross                   $ 48,000,000   48,000,000 $ 48,000,000  
Debt refinanced                         $ 41,200,000  
Fixed interest rate (as a percent)                         4.20%  
Operating Assets | 1701 Lake Robbins                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   5.81%        
Mortgages, notes, and loans payable, gross                   $ 4,600,000   4,600,000    
Operating Assets | Millennium Waterway Apartments                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   3.75%        
Mortgages, notes, and loans payable, gross                   $ 55,584,000   55,584,000    
Operating Assets | 110 N Wacker                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   5.21%        
Outstanding balance                   $ 25,500,000        
Mortgages, notes, and loans payable, gross                   $ 25,537,000   26,481,000    
Fixed interest rate per swap (as a percent)                   5.21%        
Operating Assets | 110 N Wacker | Recourse Debt                            
Mortgages, notes and loans payable                            
Corporate recourse guarantee amount                       7,000,000    
Operating Assets | 9303 New Trails                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   4.88%        
Mortgages, notes, and loans payable, gross                   $ 12,647,000   12,734,000    
Operating Assets | One Lakes Edge                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   2.69%        
Facility Amount                   $ 73,525,000        
Mortgages, notes, and loans payable, gross                   $ 69,047,000   67,517,000    
Operating Assets | Outlet Collection at Riverwalk                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   3.19%        
Facility Amount                   $ 64,400,000        
Mortgages, notes, and loans payable, gross                   $ 56,100,000   56,100,000    
Operating Assets | Ward Village                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   3.46%        
Facility Amount                   $ 250,000,000        
Outstanding balance                   143,000,000        
Mortgages, notes, and loans payable, gross                   $ 238,716,000   238,716,000    
Fixed interest rate per swap (as a percent)                   3.81%        
Operating Assets | 2025 Waterway Avenue                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   4.79%        
Mortgages, notes, and loans payable, gross                   $ 14,056,000   14,112,000    
Operating Assets | 3 Waterway Square                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   3.94%        
Mortgages, notes, and loans payable, gross                   $ 52,000,000   52,000,000    
Operating Assets | 4 Waterway Square                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   4.88%        
Mortgages, notes, and loans payable, gross                   $ 37,037,000   37,293,000    
Operating Assets | Outlet at Riverwalk Properties | Construction Loan Payable | Recourse Debt                            
Mortgages, notes and loans payable                            
Mortgages, notes, and loans payable, gross                       $ 64,400,000    
Maximum percent recourse                       50.00%    
Maximum percentage recourse upon achievement of conditions                       25.00%    
Debt yield to achieve the reduced maximum percentage recourse                       11.00%    
Time period of minimum level of tenant sales needed to achieve the reduced maximum percent recourse                       12 months    
Operating Assets | 3831 Technology Forest                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   4.50%        
Mortgages, notes, and loans payable, gross                   $ 22,665,000   $ 22,759,000   $ 23,000,000
Fixed interest rate (as a percent)                           4.50%
Strategic Developments                            
Mortgages, notes and loans payable                            
Mortgages, notes, and loans payable, gross                   102,744,000   51,085,000    
Strategic Developments | Downtown Summerlin | Recourse Debt                            
Mortgages, notes and loans payable                            
Total mortgages, notes and loans payable                   $ 311,800,000        
Strategic Developments | 1725-35 Hughes Landing Boulevard                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   2.09%        
Facility Amount                   $ 143,000,000        
Mortgages, notes, and loans payable, gross                   $ 101,441,000   89,677,000    
Strategic Developments | Hughes Landing Hotel                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   2.94%        
Facility Amount                   $ 37,100,000        
Mortgages, notes, and loans payable, gross                   $ 23,824,000   20,064,000    
Strategic Developments | Hughes Landing Retail                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   2.39%        
Facility Amount                   $ 36,575,000        
Mortgages, notes, and loans payable, gross                   $ 32,399,000   28,726,000    
Strategic Developments | HHC 2978 Self Storage Facility                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   3.04%        
Facility Amount                   $ 6,368,000        
Mortgages, notes, and loans payable, gross   $ 6,400,000                        
Option to extend, term   1 year                        
Strategic Developments | HHC 2978 Self Storage Facility | One Month LIBOR                            
Mortgages, notes and loans payable                            
Interest rate margin (as a percent)   2.60%                        
Strategic Developments | HHC 242 Self Storage Facility                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   3.04%        
Facility Amount                   $ 6,658,000        
Mortgages, notes, and loans payable, gross         $ 6,700,000                  
Option to extend, term         1 year                  
Strategic Developments | HHC 242 Self Storage Facility | One Month LIBOR                            
Mortgages, notes and loans payable                            
Interest rate margin (as a percent)         2.60%                  
Strategic Developments | One Merriweather                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   2.59%        
Facility Amount                   $ 49,900,000        
Mortgages, notes, and loans payable, gross $ 49,900,000                          
Option to extend, term 1 year                          
Strategic Developments | One Merriweather | One Month LIBOR                            
Mortgages, notes and loans payable                            
Interest rate margin (as a percent) 2.15%                          
Strategic Developments | Three Hughes Landing                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   2.79%        
Facility Amount                   $ 65,455,000        
Mortgages, notes, and loans payable, gross                   $ 28,710,000   23,268,000    
Strategic Developments | Waiea And Anaha Condominiums                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   7.19%        
Facility Amount                   $ 600,000,000        
Mortgages, notes, and loans payable, gross                   $ 67,340,000   27,817,000    
Strategic Developments | The Westin at the woodlands                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   3.09%        
Facility Amount                   $ 69,300,000        
Mortgages, notes, and loans payable, gross                   $ 49,658,000   $ 33,361,000    
Strategic Developments | Lakeland Village Center                            
Mortgages, notes and loans payable                            
Interest rate (as a percent)                   2.79%        
Facility Amount                   $ 14,000,000        
Mortgages, notes, and loans payable, gross           $ 14,000,000       $ 6,694,000        
Option to extend, term           1 year                
Strategic Developments | Lakeland Village Center | One Month LIBOR                            
Mortgages, notes and loans payable                            
Interest rate margin (as a percent)           2.35%                
Corporate | Senior Notes 6.875 Percent Due 2021                            
Mortgages, notes and loans payable                            
Total mortgages, notes and loans payable               $ 750,000,000            
Fixed interest rate (as a percent)               6.875%            
Maximum percentage of Notes that can be redeemed               35.00%            
Redemption price percentage at which Notes can be redeemed               106.875%            
Net cash proceeds received from issuance               $ 741,300,000