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MORTGAGES, NOTES AND LOANS PAYABLE (Schedule of Debt by Property) (Details)
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Oct. 07, 2016
USD ($)
Option
Sep. 12, 2016
Option
Feb. 25, 2016
Jan. 27, 2016
Nov. 09, 2015
USD ($)
item
Jul. 31, 2015
USD ($)
Sep. 30, 2016
USD ($)
Option
item
Sep. 30, 2016
USD ($)
Option
item
Sep. 30, 2015
USD ($)
Dec. 31, 2015
USD ($)
Mortgages, notes and loans payable                    
Unamortized underwriting fees             $ (6,033,000) $ (6,033,000)   $ (6,767,000)
Deferred Financing Costs, net             (12,420,000) (12,420,000)   (12,392,000)
Total mortgages, notes and loans payable             2,847,002,000 2,847,002,000   2,443,962,000
Deferred financing Costs, accumulated amortization             $ 16,100,000 $ 16,100,000   $ 12,700,000
Weighted average interest rate (as a percent)             4.68% 4.68%   4.44%
Net cash proceeds received from issuance               $ 422,661,000 $ 370,342,000  
One Month LIBOR                    
Mortgages, notes and loans payable                    
Variable rate basis (as a percent)               0.53%    
Senior Notes 6.875 Percent Due 2021                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             6.88% 6.88%    
Mortgages, notes, and loans payable, gross             $ 750,000,000 $ 750,000,000   $ 750,000,000
Woodlands Properties                    
Mortgages, notes and loans payable                    
Land, buildings and equipment and developments in progress pledged as collateral             3,000,000,000 3,000,000,000    
Master Planned Communities                    
Mortgages, notes and loans payable                    
Mortgages, notes, and loans payable, gross             $ 282,973,000 $ 282,973,000   282,889,000
Debt refinanced         $ 15,200,000          
Number of extension options | item         2          
Option to extend, term         1 year          
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 Credit Facility                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             4.60% 4.60%    
Facility Amount             $ 65,000,000 $ 65,000,000    
Mortgages, notes, and loans payable, gross             $ 64,843,000 $ 64,843,000   40,072,000
Master Planned Communities | The Woodlands Master Credit Facility                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             3.28% 3.28%    
Facility Amount             $ 175,000,000 $ 175,000,000    
Mortgages, notes, and loans payable, gross             175,000,000 175,000,000   192,663,000
Master Planned Communities | Summerlin | Bonds                    
Mortgages, notes and loans payable                    
New SIDs issued             0 0    
Bond obligation             $ 5,500,000 $ 5,500,000    
Master Planned Communities | Summerlin South | S124                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             5.95% 5.95%    
Mortgages, notes, and loans payable, gross             $ 141,000 $ 141,000   159,000
Master Planned Communities | Summerlin South | S128                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             6.05% 6.05%    
Mortgages, notes, and loans payable, gross             $ 478,000 $ 478,000   534,000
Master Planned Communities | Summerlin South | S128C                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             6.05% 6.05%    
Mortgages, notes, and loans payable, gross             $ 4,737,000 $ 4,737,000   4,856,000
Master Planned Communities | Summerlin South | S132                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             6.00% 6.00%    
Mortgages, notes, and loans payable, gross             $ 1,480,000 $ 1,480,000   1,676,000
Master Planned Communities | Summerlin South | S151                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             6.00% 6.00%    
Mortgages, notes, and loans payable, gross             $ 4,349,000 $ 4,349,000   4,534,000
Master Planned Communities | Summerlin South | S159                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             6.00% 6.00%    
Mortgages, notes, and loans payable, gross             $ 4,486,000 $ 4,486,000   9,020,000
Master Planned Communities | Summerlin West | S808 or 810                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             6.00% 6.00%    
Mortgages, notes, and loans payable, gross                   1,047,000
Master Planned Communities | Summerlin West | S812                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             6.00% 6.00%    
Mortgages, notes, and loans payable, gross             $ 27,459,000 $ 27,459,000   28,328,000
Master Planned Communities | Woodlands Properties                    
Mortgages, notes and loans payable                    
Number of extension options | item             2 2    
Master Planned Communities | Woodlands Properties | Line of Credit                    
Mortgages, notes and loans payable                    
Facility Amount             $ 200,000,000 $ 200,000,000    
Interest rate margin (as a percent)           2.75%        
Option to extend, term             1 year      
Maximum facility amount at second extension option             $ 25,000,000 25,000,000    
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                    
Facility Amount           $ 100,000,000        
Operating Assets                    
Mortgages, notes and loans payable                    
Mortgages, notes, and loans payable, gross             $ 1,509,891,000 $ 1,509,891,000   1,383,621,000
Operating Assets | Capital Lease Obligations                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             3.60% 3.60%    
Mortgages, notes, and loans payable, gross             $ 3,000 $ 3,000   52,000
Operating Assets | Downtown Summerlin                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             2.78% 2.78%    
Facility Amount             $ 311,800,000 $ 311,800,000    
Mortgages, notes, and loans payable, gross             $ 299,448,000 $ 299,448,000   $ 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% 90.00%    
Operating Assets | Downtown Summerlin | S128                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             6.05% 6.05%    
Mortgages, notes, and loans payable, gross             $ 3,350,000 $ 3,350,000   $ 3,350,000
Operating Assets | Downtown Summerlin | S108                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             5.95% 5.95%    
Mortgages, notes, and loans payable, gross             $ 235,000 $ 235,000   235,000
Operating Assets | The Woodlands Resort and Conference Center                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             3.28% 3.28%    
Mortgages, notes, and loans payable, gross             $ 85,000,000 $ 85,000,000   85,000,000
Operating Assets | 10-60 Columbia Corporate Center                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             2.84% 2.84%    
Mortgages, notes, and loans payable, gross             $ 80,000,000 $ 80,000,000   80,000,000
Operating Assets | 10-60 Columbia Corporate Center | Interest Rate Swap                    
Mortgages, notes and loans payable                    
Outstanding balance             $ 40,000,000 $ 40,000,000    
Fixed interest rate per swap (as a percent)             3.41% 3.41%    
Operating Assets | 70 Columbia Corporate Center                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             2.78% 2.78%    
Mortgages, notes, and loans payable, gross             $ 20,000,000 $ 20,000,000   20,000,000
Operating Assets | Columbia Regional Building                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             2.53% 2.53%    
Facility Amount             $ 23,008,000 $ 23,008,000    
Mortgages, notes, and loans payable, gross             $ 22,188,000 $ 22,188,000   22,188,000
Operating Assets | Embassy Suites at Hughes Landing                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             3.03% 3.03%    
Facility Amount             $ 37,100,000 $ 37,100,000    
Mortgages, notes, and loans payable, gross             $ 29,231,000 $ 29,231,000   20,064,000
Operating Assets | One Hughes Landing                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             4.30% 4.30%    
Mortgages, notes, and loans payable, gross             $ 52,000,000 $ 52,000,000   52,000,000
Operating Assets | Two Hughes Landing                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             4.20% 4.20%    
Mortgages, notes, and loans payable, gross             $ 48,000,000 $ 48,000,000   48,000,000
Operating Assets | Three Hughes Landing                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             2.88% 2.88%    
Facility Amount             $ 65,455,000 $ 65,455,000    
Mortgages, notes, and loans payable, gross             $ 34,208,000 $ 34,208,000   23,268,000
Operating Assets | 1725-35 Hughes Landing Boulevard                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             2.18% 2.18%    
Facility Amount             $ 143,000,000 $ 143,000,000    
Mortgages, notes, and loans payable, gross             $ 105,044,000 $ 105,044,000   89,677,000
Operating Assets | Hughes Landing Retail                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             2.48% 2.48%    
Facility Amount             $ 36,575,000 $ 36,575,000    
Mortgages, notes, and loans payable, gross             $ 34,467,000 $ 34,467,000   28,726,000
Operating Assets | 1701 Lake Robbins                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             5.81% 5.81%    
Mortgages, notes, and loans payable, gross             $ 4,600,000 $ 4,600,000   4,600,000
Operating Assets | Lakeland Village Center                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             2.88% 2.88%    
Facility Amount             $ 14,000,000 $ 14,000,000    
Mortgages, notes, and loans payable, gross             $ 9,167,000 $ 9,167,000    
Operating Assets | Millennium Waterway Apartments                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             3.75% 3.75%    
Mortgages, notes, and loans payable, gross             $ 55,584,000 $ 55,584,000   55,584,000
Operating Assets | Millennium Six Pines Apartments                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             3.39% 3.39%    
Mortgages, notes, and loans payable, gross             $ 42,500,000 $ 42,500,000    
Operating Assets | 110 N Wacker                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             5.21% 5.21%    
Mortgages, notes, and loans payable, gross             $ 23,648,000 $ 23,648,000   26,481,000
Operating Assets | 110 N Wacker | Interest Rate Swap                    
Mortgages, notes and loans payable                    
Fixed interest rate per swap (as a percent)             5.21% 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% 4.88%    
Mortgages, notes, and loans payable, gross             $ 12,468,000 $ 12,468,000   12,734,000
Operating Assets | One Lakes Edge                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             2.78% 2.78%    
Facility Amount             $ 73,525,000 $ 73,525,000    
Mortgages, notes, and loans payable, gross             $ 71,874,000 $ 71,874,000   67,517,000
Operating Assets | Outlet Collection at Riverwalk                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             3.28% 3.28%    
Facility Amount             $ 64,400,000 $ 64,400,000    
Mortgages, notes, and loans payable, gross             $ 56,100,000 $ 56,100,000   56,100,000
Operating Assets | 3831 Technology Forest                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             4.50% 4.50%    
Mortgages, notes, and loans payable, gross             $ 22,480,000 $ 22,480,000   22,759,000
Operating Assets | The Westin at the Woodlands                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             3.18% 3.18%    
Facility Amount             $ 69,300,000 $ 69,300,000    
Mortgages, notes, and loans payable, gross             $ 57,223,000 $ 57,223,000   33,361,000
Operating Assets | Ward Village                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             3.33% 3.33%    
Mortgages, notes, and loans payable, gross             $ 238,716,000 $ 238,716,000   238,716,000
Number of extension options | Option   2                
Option to extend, term   1 year                
Operating Assets | Ward Village | Interest Rate Swap                    
Mortgages, notes and loans payable                    
Outstanding balance             $ 119,400,000 $ 119,400,000    
Fixed interest rate per swap (as a percent)             3.64% 3.64%    
Operating Assets | Ward Village | One Month LIBOR                    
Mortgages, notes and loans payable                    
Interest rate margin (as a percent)   2.50%                
Operating Assets | 20/25 Waterway Avenue                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             4.79% 4.79%    
Mortgages, notes, and loans payable, gross             $ 13,944,000 $ 13,944,000   14,112,000
Operating Assets | 3 Waterway Square                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             3.94% 3.94%    
Mortgages, notes, and loans payable, gross             $ 51,898,000 $ 51,898,000   52,000,000
Operating Assets | 4 Waterway Square                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             4.88% 4.88%    
Mortgages, notes, and loans payable, gross             $ 36,515,000 $ 36,515,000   $ 37,293,000
Operating Assets | Outlet at Riverwalk Properties | Construction Loan Payable | Recourse Debt                    
Mortgages, notes and loans payable                    
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
Strategic Developments                    
Mortgages, notes and loans payable                    
Mortgages, notes, and loans payable, gross             $ 306,402,000 $ 306,402,000   $ 27,817,000
Strategic Developments | HHC 242 Self Storage Facility                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             3.13% 3.13%    
Facility Amount             $ 6,658,000 $ 6,658,000    
Mortgages, notes, and loans payable, gross             $ 2,573,000 $ 2,573,000    
Strategic Developments | HHC 2978 Self Storage Facility                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             3.13% 3.13%    
Facility Amount             $ 6,368,000 $ 6,368,000    
Mortgages, notes, and loans payable, gross             $ 384,000 $ 384,000    
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 | Merriweather Post Pavilion                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             2.53% 2.53%    
Facility Amount             $ 9,500,000 $ 9,500,000    
Mortgages, notes, and loans payable, gross             $ 2,416,000 $ 2,416,000    
Strategic Developments | One Merriweather                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             2.68% 2.68%    
Facility Amount             $ 49,900,000 $ 49,900,000    
Mortgages, notes, and loans payable, gross             $ 13,746,000 $ 13,746,000    
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 | Waiea And Anaha Condominiums                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             7.28% 7.28%    
Facility Amount             $ 600,000,000 $ 600,000,000    
Mortgages, notes, and loans payable, gross             $ 287,283,000 $ 287,283,000   27,817,000
Number of extension options | Option             2 2    
Option to extend, term               1 year    
Immediate advance on loan after modification of agreement             $ 50,000,000 $ 50,000,000    
Maximum additional borrowing amount             $ 113,000,000 $ 113,000,000    
Strategic Developments | Waiea And Anaha Condominiums | One Month LIBOR                    
Mortgages, notes and loans payable                    
Interest rate margin (as a percent)               6.75%    
Strategic Developments | Two Merriweather | Subsequent Event                    
Mortgages, notes and loans payable                    
Mortgages, notes, and loans payable, gross $ 33,200,000                  
Number of extension options | Option 1                  
Strategic Developments | Two Merriweather | One Month LIBOR | Subsequent Event                    
Mortgages, notes and loans payable                    
Interest rate margin (as a percent) 2.50%                  
Corporate | Other Financing Arrangements                    
Mortgages, notes and loans payable                    
Interest rate (as a percent)             3.00% 3.00%    
Mortgages, notes, and loans payable, gross             $ 16,189,000 $ 16,189,000   $ 18,794,000