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MORTGAGES, NOTES AND LOANS PAYABLE (Schedule of Debt by Property) (Details)
1 Months Ended 3 Months Ended 9 Months Ended
Oct. 31, 2017
USD ($)
Oct. 24, 2017
Oct. 19, 2017
USD ($)
Sep. 13, 2017
USD ($)
item
Aug. 11, 2017
USD ($)
Jul. 14, 2017
USD ($)
Jul. 13, 2017
May 31, 2017
USD ($)
Apr. 27, 2017
USD ($)
Apr. 06, 2017
USD ($)
Mar. 16, 2017
USD ($)
Feb. 23, 2017
USD ($)
Option
Jan. 19, 2017
USD ($)
Nov. 25, 2016
USD ($)
Aug. 31, 2016
item
Jul. 31, 2016
USD ($)
Jul. 31, 2015
USD ($)
Dec. 31, 2016
USD ($)
Sep. 30, 2017
USD ($)
item
Sep. 30, 2016
USD ($)
Jun. 27, 2017
USD ($)
ft²
Jun. 12, 2017
USD ($)
Jan. 31, 2016
item
Mortgages, notes and loans payable                                              
Unamortized bond issuance costs                                   $ (5,779,000) $ (7,089,000)        
Deferred Financing Costs                                   (11,934,000) (13,743,000)        
Total mortgages, notes and loans payable                                   $ 2,690,747,000 2,993,448,000        
Repayments of debt                                     $ 1,130,337,000 $ 62,996,000      
Weighted average interest rate (as a percent)                                   4.71% 4.64%        
Net cash proceeds received from issuance                                     $ 1,433,437,000 422,661,000      
Wall Street Journal Prime                                              
Mortgages, notes and loans payable                                              
Variable rate basis     Wall Street Journal Prime                                        
Other Corporate Financing Arrangements                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     3.00%        
Mortgages, notes, and loans payable, gross                                   $ 15,948,000 $ 15,224,000        
Other Corporate Financing Arrangements | Recourse Debt                                              
Mortgages, notes and loans payable                                              
Mortgages, notes, and loans payable, gross                                     $ 15,200,000        
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%               6.875%        
Senior Notes 6.875 Percent Due 2021 | Recourse Debt                                              
Mortgages, notes and loans payable                                              
Mortgages, notes, and loans payable, gross                                     $ 1,000,000,000        
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                                     $ 1,000,000,000        
Aggregate principal amount of debt issued                     $ 800,000,000                     $ 200,000,000  
Fixed interest rate (as a percent)                     5.375%                        
Redemption price percentage at which Notes can be redeemed                     105.375%                        
Downtown Summerlin | LIBOR                                              
Mortgages, notes and loans payable                                              
Variable rate basis           LIBOR LIBOR                                
Interest rate margin (as a percent)           2.15% 2.25%                                
Downtown Summerlin | Recourse Debt                                              
Mortgages, notes and loans payable                                              
Mortgages, notes, and loans payable, gross                                     275,900,000        
Woodlands Properties                                              
Mortgages, notes and loans payable                                              
Land, buildings and equipment and developments in progress pledged as collateral                                     3,500,000,000        
m.flats/TEN.M | Construction Loan Payable [Member]                                              
Mortgages, notes and loans payable                                              
Number of extension options | item                                             3
Master Planned Communities                                              
Mortgages, notes and loans payable                                              
Mortgages, notes, and loans payable, gross                                   255,438,000 $ 244,379,000        
Master Planned Communities | The Woodlands Master Credit Facility                                              
Mortgages, notes and loans payable                                              
Facility Amount                                 $ 200,000,000            
Variable rate basis                                     One-month LIBOR        
Interest rate margin (as a percent)                                 2.75%            
Number of extension options | item                             2                
Option to extend, term                             1 year 1 year              
Master Planned Communities | Term Loan [Member]                                              
Mortgages, notes and loans payable                                              
Facility Amount                                 $ 100,000,000            
Master Planned Communities | Revolving Credit Facility [Member]                                              
Mortgages, notes and loans payable                                              
Facility Amount                 $ 180,000,000               $ 100,000,000            
Maximum additional borrowing amount                 $ 30,000,000                            
Extension period at borrower's option                 1 year                            
Master Planned Communities | Revolving Credit Facility [Member] | One Month LIBOR                                              
Mortgages, notes and loans payable                                              
Variable rate basis                 one                            
Interest rate margin (as a percent)                 2.75%                            
Master Planned Communities | Bridgeland | 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 | Summerlin | Special Improvement District bonds                                              
Mortgages, notes and loans payable                                              
New SIDs issued                                     0        
Bond obligation                                     $ 9,900,000        
Master Planned Communities | Summerlin South | S124 [Member]                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     5.95%        
Mortgages, notes, and loans payable, gross                                   123,000 $ 104,000        
Master Planned Communities | Summerlin South | S128 [Member]                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     7.30%        
Mortgages, notes, and loans payable, gross                                   440,000 $ 390,000        
Master Planned Communities | Summerlin South | S132 [Member]                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     6.00%        
Mortgages, notes, and loans payable, gross                                   1,268,000 $ 1,082,000        
Master Planned Communities | Summerlin South | S151 [Member]                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     6.00%        
Mortgages, notes, and loans payable, gross                                   4,159,000 $ 3,964,000        
Master Planned Communities | Summerlin South | S128C [Member]                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     6.05%        
Mortgages, notes, and loans payable, gross                                   4,600,000 $ 4,467,000        
Master Planned Communities | Summerlin South | S159                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     6.00%        
Mortgages, notes, and loans payable, gross                                   2,389,000 $ 2,353,000        
Master Planned Communities | Summerlin West | S812                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     6.00%        
Mortgages, notes, and loans payable, gross                                   $ 27,459,000 $ 17,019,000        
Master Planned Communities | Woodlands Properties | The Woodlands Master Credit Facility                                              
Mortgages, notes and loans payable                                              
Option to extend, term                                   1 year          
Outstanding principal balance of debt that is swapped to fixed rate through maturity                               $ 175,000,000              
Maximum facility amount at second extension option                                       $ 25,000,000      
Master Planned Communities | The Woodlands Master | The Woodlands Master Credit Facility                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     3.98%        
Facility Amount                                     $ 180,000,000        
Mortgages, notes, and loans payable, gross                                   $ 150,000,000 150,000,000        
Operating Assets                                              
Mortgages, notes and loans payable                                              
Mortgages, notes, and loans payable, gross                                   1,526,227,000 $ 1,547,474,000        
Operating Assets | One Month LIBOR                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     1.23%        
Variable rate basis                                     one-month LIBOR        
Operating Assets | Other                                              
Mortgages, notes and loans payable                                              
Mortgages, notes, and loans payable, gross                                   235,000          
Operating Assets | 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 | Downtown Summerlin                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     3.38%        
Facility Amount       $ 275,900,000                             $ 275,885,000        
Outstanding balance       $ 311,800,000                                      
Mortgages, notes, and loans payable, gross                                   302,981,000 $ 275,883,000        
Repayments of debt           $ 30,000,000                                  
Operating Assets | Downtown Summerlin | One Month LIBOR                                              
Mortgages, notes and loans payable                                              
Variable rate basis       one-month LIBOR                                      
Interest rate margin (as a percent)       2.15%                                      
Operating Assets | Downtown Summerlin | Recourse Debt                                              
Mortgages, notes and loans payable                                              
Maximum percent recourse                                     35.00%        
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%        
Decrease in exposure of outstanding principal (as a percent)                                     15.00%        
Recourse on loan (as a percent)                                     35.00%        
Operating Assets | 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 $ 2,887,000        
Operating Assets | Downtown Summerlin | Downtown Summerlin Credit Facility [Member]                                              
Mortgages, notes and loans payable                                              
Number of extension options | item       1                                      
Option to extend, term       1 year                                      
Operating Assets | 1701 Lake Robbins                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     5.81%        
Mortgages, notes, and loans payable, gross                                   4,600,000          
Repayments of debt                   $ 4,600,000                          
Operating Assets | 1725-35 Hughes Landing Boulevard                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     2.88%        
Facility Amount                                     $ 143,000,000        
Mortgages, notes, and loans payable, gross                                   105,647,000 $ 115,999,000        
Operating Assets | 70 Columbia Corporate Center                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     3.23%        
Mortgages, notes, and loans payable, gross                                   20,000,000 $ 20,000,000        
Immediate advance on loan after modification of agreement                                         $ 20,000,000    
Area of real estate property acquired (in square foot) | ft²                                         170,741    
Operating Assets | The Westin at the woodlands                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     3.88%        
Facility Amount                                     $ 57,946,000        
Mortgages, notes, and loans payable, gross                                   58,077,000 $ 57,946,000        
Operating Assets | 110 N Wacker Drive                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     5.21%        
Outstanding balance                                     $ 19,900,000        
Mortgages, notes, and loans payable, gross                                   22,704,000 $ 19,870,000        
Fixed interest rate per swap (as a percent)                                     5.21%        
Operating Assets | 110 N Wacker Drive | Recourse Debt                                              
Mortgages, notes and loans payable                                              
Mortgages, notes, and loans payable, gross                                     $ 19,900,000        
Operating Assets | Outlet Collection at Riverwalk                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     3.98%        
Facility Amount                                     $ 54,325,000        
Mortgages, notes, and loans payable, gross                                   55,778,000 54,325,000        
Option to extend, term   1 year                                          
Operating Assets | Outlet Collection at Riverwalk | Construction Loan Payable [Member] | Recourse Debt                                              
Mortgages, notes and loans payable                                              
Mortgages, notes, and loans payable, gross                                     $ 27,200,000        
Recourse on loan (as a percent)                                     50.00%        
Operating Assets | Three Hughes Landing                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     3.58%        
Facility Amount                                     $ 65,455,000        
Mortgages, notes, and loans payable, gross                                   35,053,000 $ 43,661,000        
Operating Assets | Lakeland Village Center                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     3.58%        
Facility Amount                                     $ 14,000,000        
Mortgages, notes, and loans payable, gross                                   9,979,000 $ 11,292,000        
Operating Assets | Embassy Suites at Hughes Landing                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     3.73%        
Facility Amount                                     $ 37,100,000        
Mortgages, notes, and loans payable, gross                                   29,461,000 $ 31,245,000        
Operating Assets | Resort and Conference Center                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     4.48%        
Mortgages, notes, and loans payable, gross                                   70,000,000 $ 67,000,000        
Operating Assets | One Merriweather                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     3.38%        
Facility Amount                                     $ 49,900,000        
Mortgages, notes, and loans payable, gross                                   23,588,000 $ 41,271,000        
Operating Assets | HHC 242 Self Storage Facility                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     3.83%        
Facility Amount                                     $ 6,658,000        
Mortgages, notes, and loans payable, gross                                   3,708,000 $ 6,137,000        
Operating Assets | 10-60 Columbia Corporate Center                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     3.20%        
Outstanding balance                                     $ 40,000,000        
Mortgages, notes, and loans payable, gross                                   80,000,000 $ 80,000,000        
Fixed interest rate per swap (as a percent)                                     3.41%        
Operating Assets | Waterway Square 2025                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     4.79%        
Mortgages, notes, and loans payable, gross                                   13,886,000 $ 13,708,000        
Operating Assets | Millennium Waterway Apartments                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     3.75%        
Mortgages, notes, and loans payable, gross                                   55,584,000 $ 55,344,000        
Operating Assets | Ward Village                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     3.69%        
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 | New Trails 9303 [Member]                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     4.88%        
Mortgages, notes, and loans payable, gross                                   12,378,000 $ 12,098,000        
Operating Assets | Waterway 4 [Member]                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     4.88%        
Mortgages, notes, and loans payable, gross                                   36,249,000 $ 35,431,000        
Operating Assets | 3831 Technology Forest                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     4.50%        
Mortgages, notes, and loans payable, gross                                   22,383,000 $ 22,088,000        
Operating Assets | Kewalo Basin Harbor                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     3.98%        
Facility Amount                                     $ 11,562,000        
Aggregate principal amount of debt issued         $ 11,600,000                                    
Operating Assets | Kewalo Basin Harbor | One Month LIBOR                                              
Mortgages, notes and loans payable                                              
Variable rate basis         one-month LIBOR                                    
Interest rate margin (as a percent)         2.75%                                    
Operating Assets | Millennium Six Pines Apartments                                              
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 | Waterway Square 3 [Member]                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     3.94%        
Mortgages, notes, and loans payable, gross                                   51,590,000 $ 50,647,000        
Operating Assets | One Lakes Edge                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     4.50%        
Facility Amount                           $ 73,500,000                  
Mortgages, notes, and loans payable, gross                           71,900,000       68,874,000 $ 69,440,000        
Repayments of debt                           $ 3,000,000                  
Operating Assets | One Lakes Edge | One Month LIBOR                                              
Mortgages, notes and loans payable                                              
Variable rate basis                           One-month LIBOR                  
Interest rate margin (as a percent)                           3.50%                  
Operating Assets | One Lakes Edge | 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 | 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 | 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 | Hughes Landing Retail [Member]                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     3.50%        
Mortgages, notes, and loans payable, gross                                   35,000,000 $ 35,000,000        
Operating Assets | Columbia Regional Building [Member]                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                         4.48%           4.48%        
Facility Amount                         $ 23,000,000                    
Mortgages, notes, and loans payable, gross                                   22,188,000 $ 25,000,000        
Aggregate principal amount of debt issued                         $ 25,000,000                    
Interest Period                         2 years                    
Amortization Period                         30 years                    
Operating Assets | 100 Fellowship Drive                                              
Mortgages, notes and loans payable                                              
Facility Amount               $ 51,400,000                              
Operating Assets | 100 Fellowship Drive | One Month LIBOR                                              
Mortgages, notes and loans payable                                              
Variable rate basis               one                              
Interest rate margin (as a percent)               1.50%                              
Operating Assets | HHC 2978 Self-Storage Facility                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     3.83%        
Facility Amount                                     $ 6,368,000        
Mortgages, notes, and loans payable, gross                                   1,715,000 $ 5,521,000        
Operating Assets | One Mall North                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     3.48%        
Mortgages, notes, and loans payable, gross                                     $ 14,463,000        
Operating Assets | 10-60 Columbia and One mall north Building                                              
Mortgages, notes and loans payable                                              
Aggregate principal amount of debt issued                                         $ 94,500,000    
Operating Assets | One mall north Building,10-60 and 70 Columbia corporate Center                                              
Mortgages, notes and loans payable                                              
Facility Amount                                         $ 114,500,000    
Number of notes in master facility | item                                     3        
Number of master facilities | item                                     1        
Land, buildings and equipment and developments in progress pledged as collateral                                     $ 114,500,000        
Strategic Developments                                              
Mortgages, notes and loans payable                                              
Mortgages, notes, and loans payable, gross                                   160,847,000 $ 207,203,000        
Strategic Developments | Summerlin                                              
Mortgages, notes and loans payable                                              
Aggregate principal amount of debt issued     $ 64,600,000                                        
Strategic Developments | Summerlin | Wall Street Journal Prime                                              
Mortgages, notes and loans payable                                              
Interest rate margin (as a percent)     0.40%                                        
Strategic Developments | Waiea And Anaha Condominiums                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     7.98%        
Facility Amount                                     $ 410,000,000        
Mortgages, notes, and loans payable, gross                                   $ 160,847,000 $ 195,269,000        
Repayments of debt $ 195,300,000                                            
Strategic Developments | Ke Kilohana                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     4.48%        
Facility Amount                                     $ 142,656,000        
Strategic Developments | Two Merriweather                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     3.73%        
Facility Amount                                     $ 33,156,000        
Mortgages, notes, and loans payable, gross                                     $ 11,932,000        
Strategic Developments | Ae'o                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     5.23%        
Facility Amount                                     $ 230,000,000        
Mortgages, notes, and loans payable, gross                                     $ 1,000        
Strategic Developments | 100 Fellowship Drive                                              
Mortgages, notes and loans payable                                              
Interest rate (as a percent)                                     2.73%        
Facility Amount                                     $ 51,426,000        
Mortgages, notes, and loans payable, gross                                     $ 1,000