OTHER ASSETS AND LIABILITIES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Prepaid Expenses and Other Assets
Condominium receivables	$ 210,219	$ 191,037
Condominium deposits	193,197	55,749
SID receivables	61,603	72,558
Straight-line ground rent liability	31,518	22,241
Equipment, net of accumulated depreciation of $4.9 million and $3.9 million, respectively	17,556	18,772
Security and escrow deposits	61,304	17,599
Tenant incentives and other receivables	8,773	10,480
Prepaid expenses	11,177	8,474
Federal income tax receivable	15,763	11,972
Intangibles	4,046	4,045
Uncertain tax position asset		112
Other	13,902	5,347
Total prepaid expenses and other assets	666,516	463,431
Accumulated depreciation on other equipment	4,900	3,900
Increase (Decrease) in condominium receivables	19,200
Reimbursement from a tenant	44,330	39,542	$ 28,353
Accounts Payable and Accrued Expenses
Construction payables	207,917	185,731
Deferred income	85,158	117,730
Condominium deposit liabilities	117,015	50,192
Accounts payable and accrued expenses	33,050	33,928
Tenant and other deposits	28,559	34,894
Accrued interest	16,897	16,504
Accrued payroll and other employee liabilities	36,937	31,271
Accrued real estate taxes	16,726	15,134
Interest rate swaps	(149)	4,217
Straight-line ground rent liability	13,126	10,757
Above-market ground leases	1,762	2,113
Other	15,012	12,883
Total accounts payable and accrued expenses	572,010	515,354
Prepaid Expenses and Other Current Assets
Prepaid Expenses and Other Assets
Federal income tax receivable	3,800
Total prepaid expenses and other assets	203,100
Increase in prepaid expenses and other assets	8,600
Increase (decrease) in condominium deposits	137,400
Increase (Decrease) in security and escrow deposits	43,700
Other net	2,700
Increase (Decrease) in other assets	9,300
Reimbursement from a tenant	1,700
Other receivables	1,300
Accounts Payable and Accrued Liabilities
Accounts Payable and Accrued Expenses
Straight-line ground rent liability	300
Increase in accounts payable and accrued expenses	56,700
Decrease in deferred income	32,600
Increase in condominium deposits liability	2,400
Increase in accrued interest	2,100
Increase in interest rate swap liability	4,400
Other immaterial increases	6,800
Other immaterial decreases	6,300
Summerlin | Prepaid Expenses and Other Current Assets
Prepaid Expenses and Other Assets
Increase in accounts payable and accrued expenses	11,000
Ward Village | Accounts Payable and Accrued Liabilities
Accounts Payable and Accrued Expenses
Increase in condominium deposits liability	66,800
Increase in construction payable	22,200
Leases, Acquired-in-Place
Prepaid Expenses and Other Assets
Net carrying amount	16,015	22,139
Leases, Acquired-in-Place | Prepaid Expenses and Other Current Assets
Prepaid Expenses and Other Assets
Decrease due to amortization of in-place leases	6,100
Ground Leases below Market
Prepaid Expenses and Other Assets
Net carrying amount	18,986	19,325
Ground Leases below Market | Prepaid Expenses and Other Current Assets
Prepaid Expenses and Other Assets
Decrease due to amortization of in-place leases	300
Tenant Leases above Market
Prepaid Expenses and Other Assets
Net carrying amount	2,457	$ 3,581
Tenant Leases above Market | Prepaid Expenses and Other Current Assets
Prepaid Expenses and Other Assets
Decrease due to amortization of in-place leases	$ 1,100