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MORTGAGES, NOTES AND LOANS PAYABLE (Schedule of Debt by Property) (Details)
1 Months Ended 3 Months Ended
Apr. 27, 2017
USD ($)
Apr. 06, 2017
USD ($)
Mar. 16, 2017
USD ($)
Feb. 23, 2017
USD ($)
Option
Jan. 19, 2017
USD ($)
Jan. 17, 2017
USD ($)
ft²
Option
Nov. 25, 2016
USD ($)
Aug. 31, 2016
USD ($)
item
Jul. 31, 2016
USD ($)
Jul. 31, 2015
USD ($)
Mar. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Option
Mar. 31, 2016
USD ($)
Sep. 30, 2016
USD ($)
Jan. 31, 2016
item
Mortgages, notes and loans payable                              
Deferred financing costs, net and unamortized underwriting fees                     $ (21,238,000) $ (17,713,000)      
Total mortgages, notes and loans payable                     2,750,254,000 $ 2,690,747,000      
Repayments of debt                     $ 881,476,000   $ 1,981,000    
Weighted average interest rate (as a percent)                     4.41% 4.71%      
Net cash proceeds received from issuance                     $ 944,663,000   $ 98,616,000    
Revolving Credit Facility [Member]                              
Mortgages, notes and loans payable                              
Maximum additional borrowing amount $ 30,000,000                            
Other Financing Arrangements [Member]                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     3.00%        
Mortgages, notes, and loans payable, gross                     $ 15,707,000 $ 15,948,000      
Senior Notes 6.875 Percent Due 2021                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     6.88%        
Mortgages, notes, and loans payable, gross                       750,000,000      
Aggregate principal amount of debt issued     $ 750,000,000                        
Fixed interest rate (as a percent)     6.875%                        
5.375% senior notes due March 15, 2025                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     5.38%        
Mortgages, notes, and loans payable, gross                     $ 800,000,000        
Aggregate principal amount of debt issued     $ 800,000,000                        
Fixed interest rate (as a percent)     5.375%                        
Redemption price percentage at which Notes can be redeemed     105.375%                        
Woodlands Properties [Member]                              
Mortgages, notes and loans payable                              
Land, buildings and equipment and developments in progress pledged as collateral                     3,200,000,000        
m.flats/TEN.M | Construction Loan Payable [Member]                              
Mortgages, notes and loans payable                              
Number of extension options | item                             3
Master Planned Communities [Member]                              
Mortgages, notes and loans payable                              
Mortgages, notes, and loans payable, gross                     $ 252,535,000 $ 255,438,000      
Master Planned Communities [Member] | The Woodlands Master Credit Facility                              
Mortgages, notes and loans payable                              
Facility Amount                   $ 200,000,000          
Interest rate margin (as a percent)                   2.75%          
Number of extension options | item               2              
Option to extend, term               1 year 1 year     1 year      
Outstanding principal balance of debt that is swapped to fixed rate through maturity                 $ 175,000,000            
Master Planned Communities [Member] | Term Loan [Member]                              
Mortgages, notes and loans payable                              
Facility Amount                   $ 100,000,000          
Master Planned Communities [Member] | Revolving Credit Facility [Member]                              
Mortgages, notes and loans payable                              
Facility Amount $ 180,000,000                 $ 100,000,000          
Extension period at borrower's option 1 year                            
Master Planned Communities [Member] | Revolving Credit Facility [Member] | One Month LIBOR                              
Mortgages, notes and loans payable                              
Interest rate margin (as a percent) 2.75%                            
Master Planned Communities [Member] | Bridgeland [Member] | Bridgeland Credit Facility                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     4.60%        
Facility Amount                     $ 65,000,000        
Mortgages, notes, and loans payable, gross                     65,000,000 $ 65,000,000      
Master Planned Communities [Member] | Summerlin [Member] | Special Improvement District bonds                              
Mortgages, notes and loans payable                              
New SIDs issued                     0        
Bond obligation                     $ 2,500,000        
Master Planned Communities [Member] | Summerlin South [Member] | S124 [Member]                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     5.95%        
Mortgages, notes, and loans payable, gross                     $ 123,000 123,000      
Master Planned Communities [Member] | Summerlin South [Member] | S128 [Member]                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     7.30%        
Mortgages, notes, and loans payable, gross                     $ 440,000 440,000      
Master Planned Communities [Member] | Summerlin South [Member] | S132 [Member]                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     6.00%        
Mortgages, notes, and loans payable, gross                     $ 1,248,000 1,268,000      
Master Planned Communities [Member] | Summerlin South [Member] | S151 [Member]                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     6.00%        
Mortgages, notes, and loans payable, gross                     $ 4,159,000 4,159,000      
Master Planned Communities [Member] | Summerlin South [Member] | S128C [Member]                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     6.05%        
Mortgages, notes, and loans payable, gross                     $ 4,600,000 4,600,000      
Master Planned Communities [Member] | Summerlin South [Member] | S159                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     6.00%        
Mortgages, notes, and loans payable, gross                     $ 2,389,000 2,389,000      
Master Planned Communities [Member] | Summerlin West [Member] | S812                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     6.00%        
Mortgages, notes, and loans payable, gross                     $ 24,576,000 27,459,000      
Master Planned Communities [Member] | Woodlands Properties [Member] | The Woodlands Master Credit Facility                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     3.68%        
Facility Amount                     $ 150,000,000        
Mortgages, notes, and loans payable, gross                     150,000,000 150,000,000      
Maximum facility amount at second extension option                           $ 25,000,000  
Operating Assets [Member]                              
Mortgages, notes and loans payable                              
Mortgages, notes, and loans payable, gross                     $ 1,561,832,000 1,524,512,000      
Operating Assets [Member] | One Month LIBOR                              
Mortgages, notes and loans payable                              
Interest rate margin (as a percent)                     0.93%        
Operating Assets [Member] | Other                              
Mortgages, notes and loans payable                              
Mortgages, notes, and loans payable, gross                     $ 237,000 235,000      
Operating Assets [Member] | Capital Lease Obligations [Member]                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     3.60%        
Mortgages, notes, and loans payable, gross                       1,000      
Operating Assets [Member] | Downtown Summerlin                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     3.18%        
Facility Amount                     $ 311,800,000        
Mortgages, notes, and loans payable, gross                     $ 305,888,000 302,981,000      
Operating Assets [Member] | 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%        
Operating Assets [Member] | Downtown Summerlin | S128 [Member]                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     6.05%        
Mortgages, notes, and loans payable, gross                     $ 3,350,000 3,350,000      
Operating Assets [Member] | 1701 Lake Robbins                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     5.81%        
Mortgages, notes, and loans payable, gross                     $ 4,600,000 4,600,000      
Repayments of debt   $ 4,600,000                          
Operating Assets [Member] | 1725-35 Hughes Landing Boulevard                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     2.58%        
Facility Amount                     $ 143,000,000        
Mortgages, notes, and loans payable, gross                     $ 109,876,000 105,647,000      
Operating Assets [Member] | Columbia Corporate Center 70 [Member]                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     3.18%        
Mortgages, notes, and loans payable, gross                     $ 20,000,000 20,000,000      
Operating Assets [Member] | The Westin at the woodlands                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     3.58%        
Facility Amount                     $ 69,300,000        
Mortgages, notes, and loans payable, gross                     $ 58,077,000 58,077,000      
Operating Assets [Member] | 110 N Wacker Drive                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     5.21%        
Outstanding balance                     $ 21,800,000        
Mortgages, notes, and loans payable, gross                     $ 21,759,000 22,704,000      
Fixed interest rate per swap (as a percent)                     5.21%        
Operating Assets [Member] | 110 N Wacker Drive | Recourse Debt                              
Mortgages, notes and loans payable                              
Corporate recourse guarantee amount                     $ 7,000,000        
Operating Assets [Member] | Outlet at Riverwalk Properties [Member]                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     3.68%        
Facility Amount                     $ 56,100,000        
Mortgages, notes, and loans payable, gross                     $ 55,293,000 55,778,000      
Operating Assets [Member] | Outlet at Riverwalk Properties [Member] | Construction Loan Payable [Member] | Recourse Debt                              
Mortgages, notes and loans payable                              
Maximum percent recourse                     50.00%        
Maximum percentage recourse upon achievement of conditions                     25.00%        
Time period of minimum level of tenant sales needed to achieve the reduced maximum percent recourse                     12 months        
Debt yield to achieve the reduced maximum percentage recourse                     11.00%        
Operating Assets [Member] | Three Hughes Landing                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     3.28%        
Facility Amount                     $ 65,455,000        
Mortgages, notes, and loans payable, gross                     $ 36,462,000 35,053,000      
Operating Assets [Member] | Lakeland Village Center                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     3.28%        
Facility Amount                     $ 14,000,000        
Mortgages, notes, and loans payable, gross                     $ 10,644,000 9,979,000      
Operating Assets [Member] | Embassy Suites at Hughes Landing                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     3.43%        
Facility Amount                     $ 37,100,000        
Mortgages, notes, and loans payable, gross                     $ 30,223,000 29,461,000      
Operating Assets [Member] | Resort and Conference Center [Member]                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     4.18%        
Mortgages, notes, and loans payable, gross                     $ 70,000,000 70,000,000      
Operating Assets [Member] | One Merriweather                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     3.08%        
Facility Amount                     $ 49,900,000        
Mortgages, notes, and loans payable, gross                     $ 34,072,000 23,588,000      
Operating Assets [Member] | HHC 242 Self Storage Facility                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     3.53%        
Facility Amount                     $ 6,658,000        
Mortgages, notes, and loans payable, gross                     $ 4,995,000 3,708,000      
Operating Assets [Member] | 10-60 Columbia Corporate Center                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     3.04%        
Outstanding balance                     $ 40,000,000        
Mortgages, notes, and loans payable, gross                     $ 94,463,000 80,000,000      
Aggregate principal amount of debt issued           $ 94,500,000                  
Fixed interest rate per swap (as a percent)                     3.41%        
Operating Assets [Member] | Waterway Square 2025 [Member]                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     4.79%        
Mortgages, notes, and loans payable, gross                     $ 13,825,000 13,886,000      
Operating Assets [Member] | Millennium Waterway Apartments [Member]                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     3.75%        
Mortgages, notes, and loans payable, gross                     $ 55,584,000 55,584,000      
Operating Assets [Member] | Ward Village [Member]                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     3.54%        
Outstanding balance                     $ 119,400,000        
Mortgages, notes, and loans payable, gross                     $ 238,718,000 238,718,000      
Fixed interest rate per swap (as a percent)                     3.64%        
Operating Assets [Member] | New Trails 9303 [Member]                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     4.88%        
Mortgages, notes, and loans payable, gross                     $ 12,286,000 12,378,000      
Operating Assets [Member] | Waterway 4 [Member]                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     4.88%        
Mortgages, notes, and loans payable, gross                     $ 35,979,000 36,249,000      
Operating Assets [Member] | 3831 Technology Forest                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     4.50%        
Mortgages, notes, and loans payable, gross                     $ 22,282,000 22,383,000      
Operating Assets [Member] | Millennium Six Pines Apartments [Member]                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     3.39%        
Mortgages, notes, and loans payable, gross                     $ 42,500,000 42,500,000      
Operating Assets [Member] | Waterway Square 3 [Member]                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     3.94%        
Mortgages, notes, and loans payable, gross                     $ 51,279,000 51,590,000      
Operating Assets [Member] | One Lakes Edge [Member]                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     4.50%        
Mortgages, notes, and loans payable, gross                     $ 69,440,000 68,874,000      
Aggregate principal amount of debt issued             $ 71,900,000                
Repayments of debt             $ 3,000,000                
Operating Assets [Member] | One Lakes Edge [Member] | One Month LIBOR                              
Mortgages, notes and loans payable                              
Interest rate margin (as a percent)             3.50%                
Operating Assets [Member] | One Lakes Edge [Member] | Fannie Mae                              
Mortgages, notes and loans payable                              
Aggregate principal amount of debt issued       $ 69,400,000                      
Number of extension options | Option       2                      
Option to extend, term       1 year                      
Fixed interest rate (as a percent)       4.50%                      
Interest Period       4 years                      
Amortization Period       30 years                      
Operating Assets [Member] | One Hughes Landing [Member]                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     4.30%        
Mortgages, notes, and loans payable, gross                     $ 52,000,000 52,000,000      
Operating Assets [Member] | Two Hughes Landing [Member]                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     4.20%        
Mortgages, notes, and loans payable, gross                     $ 48,000,000 48,000,000      
Operating Assets [Member] | Hughes Landing Retail [Member]                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     3.50%        
Facility Amount                     $ 35,000,000        
Mortgages, notes, and loans payable, gross                     $ 35,000,000 35,000,000      
Operating Assets [Member] | Columbia Regional Building [Member]                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)         4.48%           4.48%        
Facility Amount         $ 23,000,000           $ 25,000,000        
Mortgages, notes, and loans payable, gross                     25,000,000 22,188,000      
Aggregate principal amount of debt issued         $ 25,000,000                    
Interest Period         2 years                    
Amortization Period         30 years                    
Operating Assets [Member] | One Mall North                              
Mortgages, notes and loans payable                              
Number of extension options | Option           2                  
Option to extend, term           1 year                  
Area of real estate property acquired (in square foot) | ft²           97,500                  
Operating Assets [Member] | One Mall North | One Month LIBOR                              
Mortgages, notes and loans payable                              
Interest rate margin (as a percent)           1.75%                  
Strategic Developments [Member]                              
Mortgages, notes and loans payable                              
Mortgages, notes, and loans payable, gross                     $ 141,418,000 162,562,000      
Strategic Developments [Member] | Waiea And Anaha Condominiums                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     7.68%        
Facility Amount                     $ 410,000,000 410,000,000      
Outstanding balance                       600,000,000      
Mortgages, notes, and loans payable, gross                     $ 137,689,000 $ 160,847,000      
Number of extension options | Option                       2      
Option to extend, term                       1 year      
Immediate advance on loan after modification of agreement               $ 50,000,000              
Maximum additional borrowing amount               $ 113,000,000              
Strategic Developments [Member] | Waiea And Anaha Condominiums | One Month LIBOR                              
Mortgages, notes and loans payable                              
Interest rate margin (as a percent)                       6.75%      
Strategic Developments [Member] | Ke Kilohana                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     4.18%        
Facility Amount                     $ 142,656,000        
Strategic Developments [Member] | Two Merriweather                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     3.43%        
Facility Amount                     $ 33,156,000        
Strategic Developments [Member] | Ae'o                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     4.93%        
Facility Amount                     $ 230,000,000        
Strategic Developments [Member] | HHC 2978 Self Storage Facility                              
Mortgages, notes and loans payable                              
Interest rate (as a percent)                     3.53%        
Facility Amount                     $ 6,368,000        
Mortgages, notes, and loans payable, gross                     3,729,000 $ 1,715,000      
Corporate, Non-Segment [Member]                              
Mortgages, notes and loans payable                              
Facility Amount                     $ 15,700,000