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COMMITMENTS AND CONTINGENCIES (Details) - USD ($)
9 Months Ended 33 Months Ended
Jun. 27, 2013
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Dec. 31, 2015
Commitments          
Amount of outstanding letters of credit and surety bonds   $ 116,000,000   $ 116,000,000 $ 86,100,000
South Street Seaport Ground Lease          
Commitments          
Annual fixed rent $ 1,200,000        
Annual rent escalation rate (as a percent) 3.00%        
Additional annual rent payments to be made through the term of the lease $ 210,000        
Damage Due to Flooding | South Street Seaport Ground Lease          
Commitments          
Insurance recoveries collected   $ 6,200,000 $ 300,000 $ 54,100,000