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REAL ESTATE AND OTHER AFFILIATES (Summary of Investments in Real Estate and Other Affiliates) (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
USD ($)
Jun. 30, 2015
USD ($)
Jun. 30, 2016
USD ($)
item
Jun. 30, 2015
USD ($)
Jun. 20, 2016
USD ($)
Dec. 31, 2015
USD ($)
Jan. 24, 2014
Investment in Real Estate and Other Affiliates              
Carrying Value $ 65,834   $ 65,834     $ 57,811  
Share of Earnings/Dividends 20,275 $ 1,081 22,207 $ 2,869      
Aggregate carrying value of unconsolidated VIEs 13,300   $ 13,300     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     21,500  
Carrying values of the liabilities associated with the operations of the consolidated VIEs 1,200   1,200     1,100  
Cost Method Investments [Member]              
Investment in Real Estate and Other Affiliates              
Carrying Value 4,347   4,347     3,952  
Share of Earnings/Dividends     2,616 1,747      
The Summit              
Investment in Real Estate and Other Affiliates              
Share of Earnings/Dividends 8,900            
Circle T Ranch              
Investment in Real Estate and Other Affiliates              
Share of Earnings/Dividends 10,500   10,500        
Constellation              
Investment in Real Estate and Other Affiliates              
Economic/Legal Ownership             50.00%
Master Planned Communities | The Summit | Equity Method Investments [Member]              
Investment in Real Estate and Other Affiliates              
Carrying Value 20,926   20,926     12,052  
Share of Earnings/Dividends $ 8,874   $ 8,874        
Operating Assets | Grandview SHG, LLC | Equity Method Investments [Member]              
Investment in Real Estate and Other Affiliates              
Economic/Legal Ownership 35.00%   35.00%        
Carrying Value $ 8,179   $ 8,179        
Share of Earnings/Dividends 22   41        
Strategic Developments | Equity Method Investments [Member]              
Investment in Real Estate and Other Affiliates              
Carrying Value 61,487   61,487     $ 53,859  
Share of Earnings/Dividends $ 20,275 1,081 $ 19,591 1,122      
Strategic Developments | Millennium Woodlands Phase II, LLC | Equity Method Investments [Member]              
Investment in Real Estate and Other Affiliates              
Economic/Legal Ownership 81.43%   81.43%     81.43%  
Share of Earnings/Dividends $ 22 (489) $ 35 (1,150)      
Strategic Developments | Stewart Title | Equity Method Investments [Member]              
Investment in Real Estate and Other Affiliates              
Economic/Legal Ownership 50.00%   50.00%     50.00%  
Carrying Value $ 3,521   $ 3,521     $ 3,715  
Share of Earnings/Dividends $ 154 302 $ 256 496      
Strategic Developments | Clark County Las Vegas Stadium | Equity Method Investments [Member]              
Investment in Real Estate and Other Affiliates              
Economic/Legal Ownership 50.00%   50.00%     50.00%  
Carrying Value $ 11,345   $ 11,345     $ 11,050  
Share of Earnings/Dividends $ 454 401 $ 295 284      
Strategic Developments | The Metropolitan Downtown Columbia | Equity Method Investments [Member]              
Investment in Real Estate and Other Affiliates              
Economic/Legal Ownership 50.00%   50.00%     50.00%  
Carrying Value $ 3,961   $ 3,961     $ 4,872  
Share of Earnings/Dividends $ 205 (89) $ (512) (408)      
Strategic Developments | Woodlands Sarofim 1 | Equity Method Investments [Member]              
Investment in Real Estate and Other Affiliates              
Economic/Legal Ownership 20.00%   20.00%     20.00%  
Carrying Value $ 2,673   $ 2,673     $ 2,588  
Share of Earnings/Dividends $ 42 35 $ 95 75      
Strategic Developments | Circle T Ranch | Equity Method Investments [Member]              
Investment in Real Estate and Other Affiliates              
Economic/Legal Ownership 50.00%   50.00%     50.00%  
Carrying Value $ 4,956   $ 4,956     $ 9,128  
Share of Earnings/Dividends $ 10,498   $ 10,498        
Strategic Developments | HHMK Development LLC | Equity Method Investments [Member]              
Investment in Real Estate and Other Affiliates              
Economic/Legal Ownership 50.00%   50.00%     50.00%  
Carrying Value $ 10   $ 10     $ 10  
Share of Earnings/Dividends   10   549      
Strategic Developments | KR Holdings LLC | Equity Method Investments [Member]              
Investment in Real Estate and Other Affiliates              
Economic/Legal Ownership 50.00%   50.00%     50.00%  
Carrying Value $ 758   $ 758     $ 689  
Share of Earnings/Dividends $ 4 $ 911 $ 9 $ 1,276      
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%     50.00%  
Carrying Value $ 2,473   $ 2,473     $ 7,070  
Strategic Developments | Constellation | Equity Method Investments [Member]              
Investment in Real Estate and Other Affiliates              
Economic/Legal Ownership 50.00%   50.00%     50.00%  
Carrying Value $ 2,685   $ 2,685     $ 2,685  
Unconsolidated Properties              
Investment in Real Estate and Other Affiliates              
Secured debt         $ 134,600    
Share of the entity in secured debt         $ 74,600