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ACQUISITIONS AND DISPOSITIONS (Acquisitions) (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Jan. 18, 2017
USD ($)
a
Jan. 06, 2017
USD ($)
a
Dec. 29, 2016
USD ($)
ft²
Dec. 20, 2016
USD ($)
Dec. 19, 2016
USD ($)
a
Jul. 20, 2016
USD ($)
Jun. 01, 2016
a
Mar. 16, 2016
ft²
Sep. 04, 2015
USD ($)
Dec. 31, 2016
USD ($)
Sep. 30, 2016
USD ($)
ft²
Jun. 30, 2016
USD ($)
Mar. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Sep. 30, 2015
USD ($)
Jun. 30, 2015
USD ($)
Mar. 31, 2015
USD ($)
Dec. 31, 2016
USD ($)
a
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Dec. 19, 2016
ft²
Acquisitions                                          
Area of land sold | ft²               42,694                          
Gain recognized on the sale of Redlands Promenade                                   $ 139,432 $ 29,073 $ 2,373  
Payment to acquire JV partner's interest                                   22,375      
Revenues since the acquisition date                   $ 278,546 $ 242,265 $ 273,514 $ 240,680 $ 229,393 $ 203,442 $ 209,163 $ 155,090 1,035,005 797,088 634,565  
Pre-tax net loss since the acquisition date                                   320,776 150,720 39,440  
Equity in earnings from Real Estate and Other Affiliates                   $ 3,200               $ 56,818 $ 3,721 $ 23,336  
Air rights with total residential and commercial development rights (in square feet) | ft²               817,784                          
Landmark Mall | Subsequent Event                                          
Acquisitions                                          
Area of real estate property | a   11.4                                      
Purchase price of acquisition   $ 22,200                                      
American City Building                                          
Acquisitions                                          
Purchase price of acquisition       $ 13,500                                  
One Mall North                                          
Acquisitions                                          
Area of real estate property         5.37                               97,500
Percentage of leased office building         100.00%                                
Purchase price of acquisition         $ 22,200                                
Millennium Six Pines Apartments [Member]                                          
Acquisitions                                          
Voting interest acquired (as a percent)           18.57%       100.00%               100.00%      
Payment to acquire JV partner's interest           $ 4,000                              
Fixed loan           $ 42,500                              
Interest rate (as a percent)           3.39%                              
Assets acquired and consolidated into financial statements           $ 67,900                              
Liabilities assumed and consolidated into financial statements           42,700                              
Gain recognized from acquisition           27,100                              
Revenues since the acquisition date                                   $ 2,700      
Pre-tax net loss since the acquisition date                                   $ 400      
Millennium Six Pines Apartments [Member] | Joint Venture                                          
Acquisitions                                          
Construction loan           $ 37,700                              
Circle T Ranch                                          
Acquisitions                                          
Area of land sold | a             72                     72      
Equity in earnings from Real Estate and Other Affiliates                                   $ 10,500      
The Club at Carlton Woods | Disposal Group, Disposed of by Sale, Not Discontinued Operations [Member]                                          
Acquisitions                                          
Proceeds from dispositions                 $ 25,100                        
Liabilities assumed by purchaser                 4,000                        
Gain on sale of The Club at Carlton Woods                 29,100                        
Total assets                 20,900                        
Total liabilities                 $ 24,900                        
The Outlet Collection, Elk Grove | Subsequent Event                                          
Acquisitions                                          
Area of land | a 100                                        
Number of acres under development | a 64                                        
The Outlet Collection, Elk Grove | Disposal by Sale | Subsequent Event                                          
Acquisitions                                          
Area of land sold | a 36                                        
Proceeds from sale $ 36,000                                        
Gain recognized on the sale of Redlands Promenade $ 32,200                                        
Park West                                          
Acquisitions                                          
Area of real estate property | ft²                     249,177                    
Park West | Disposal by Sale                                          
Acquisitions                                          
Proceeds from sale     $ 32,500                                    
Gain recognized on the sale of Redlands Promenade     $ 1,100                                    
Area of real estate property | ft²     249,177