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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2016
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of Estimated Useful Lives

 

 

 

Asset Type

    

Years

Buildings and improvements

 

10 - 45

Equipment, tenant improvements and fixtures

 

  5 - 10

Computer hardware and software, and vehicles

 

3 - 5

 

Categories of Developments

 

 

 

 

 

 

 

 

 

December 31, 

(In thousands)

    

2016

    

2015

Land and improvements

 

$

188,544

 

$

182,843

Development costs

 

 

567,650

 

 

728,984

Condominium projects

 

 

205,786

 

 

125,100

Total Developments

 

$

961,980

 

$

1,036,927

 

Changes in Allowance for Doubtful Accounts

 

 

 

 

 

 

 

 

 

 

(In thousands)

    

2016

    

2015

    

2014

Balance as of January 1

 

$

4,406

 

$

7,619

 

$

7,390

Provision for doubtful accounts

 

 

5,664

 

 

4,030

 

 

1,404

Write-offs

 

 

(2,271)

 

 

(7,243)

 

 

(1,175)

Balance as of December 31, 

 

$

7,799

 

$

4,406

 

$

7,619