OTHER ASSETS AND LIABILITIES (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016	Mar. 16, 2017	Mar. 01, 2017	Dec. 31, 2016
Prepaid Expenses and Other Assets
Condominium deposits	$ 320,097		$ 320,097				$ 193,197
Condominium receivables	213,158		213,158				210,219
SID receivables	55,841		55,841				61,603
Straight-line rent	36,365		36,365				31,518
Equipment, net of accumulated depreciation of $4.9 million and $3.9 million, respectively	17,364		17,364				17,556
Security and escrow deposits	48,277		48,277				61,304
Tenant incentives and other receivables	8,976		8,976				8,773
Prepaid expenses	13,197		13,197				11,177
Federal income tax receivable	8,513		8,513				15,763
Intangibles	35,368		35,368				4,046
Interest rate swap derivative asset	3,244		3,244
Other	3,892		3,892				13,902
Total prepaid expenses and other assets	796,019		796,019				666,516
Accumulated depreciation on other equipment	6,500		6,500				4,900
Reimbursement from a tenant	11,586	$ 11,657	34,627	$ 33,108
Accounts Payable and Accrued Expenses
Construction payables	183,585		183,585				207,917
Deferred income	49,053		49,053				85,158
Condominium deposit liabilities	64,457		64,457				117,015
Accounts payable and accrued expenses	33,466		33,466				33,050
Tenant and other deposits	19,506		19,506				28,559
Accrued interest	8,256		8,256				16,897
Accrued payroll and other employee liabilities	26,685		26,685				36,937
Accrued real estate taxes	21,525		21,525				16,726
Interest Rate Swaps							(149)
Interest rate swaps	7,742		7,742
Straight-line ground rent liability	14,493		14,493				13,126
Above-market ground leases	587		587				1,762
Other	33,498		33,498				15,012
Total accounts payable and accrued expenses	$ 462,853		$ 462,853				572,010
Senior Notes 6.875 Percent Due 2021
Accounts Payable and Accrued Expenses
Interest rate (as a percent)	6.88%		6.88%
Interest rate (as a percent)	6.875%		6.875%		6.875%
Las Vegas 51s LLC
Prepaid Expenses and Other Assets
Voting interest acquired (as a percent)						50.00%
Prepaid expenses and other assets, net
Prepaid Expenses and Other Assets
Increase in prepaid expenses and other assets			$ 129,500
Increase (Decrease) in condominium receivables			2,900
Increase (Decrease) in straight line rent			4,800
Increase (decrease) in derivative assets			3,200
Increase (Decrease) in in-place leases			(4,800)
decrease in federal income tax receivable			(7,300)
Increase (decrease) in tenant incentives and other receivables			2,400
Decrease in other receivables			1,100
Prepaid expenses and other assets, net | Las Vegas 51s LLC
Prepaid Expenses and Other Assets
Increase (decrease) in intangibles			$ 31,300
Voting interest acquired (as a percent)	50.00%		50.00%
Accounts Payable and Accrued Liabilities
Accounts Payable and Accrued Expenses
Decrease in accounts payable and accrued expenses			$ (109,200)
Decrease in construction payables			(24,300)
Decrease in accrued payroll and other employee liabilities			(10,300)
Increase in other liabilities			(18,500)
Decrease in accrued real estate taxes			4,800
Decrease in tenant and other deposits			(9,100)
Other immaterial decreases			(1,200)
Increase in accrued interest			(8,600)
Increase in interest rate swap liability			7,900
Other immaterial increases			1,800
Waiea And Anaha Condominiums
Prepaid Expenses and Other Assets
Condominium receivables	$ 140,500		140,500
Ae'o
Prepaid Expenses and Other Assets
Condominium receivables	71,400		71,400
Ke Kilohana
Prepaid Expenses and Other Assets
Condominium receivables	1,300		1,300
Anaha Aeo And Ke Kilohana | Prepaid expenses and other assets, net
Prepaid Expenses and Other Assets
Increase (decrease) in condominium deposits			126,900
Waiea | Prepaid expenses and other assets, net
Prepaid Expenses and Other Assets
Increase (Decrease) in security and escrow deposits			(13,000)
Merriweather Post Pavilion | Prepaid expenses and other assets, net
Prepaid Expenses and Other Assets
Increase (Decrease) in other assets			(10,000)
Summerlin | Prepaid expenses and other assets, net
Prepaid Expenses and Other Assets
decrease in Special Improvement District receivables			(5,800)
Ward Village | Accounts Payable and Accrued Liabilities
Accounts Payable and Accrued Expenses
Decrease in condominium deposits liability			(52,600)
Summerlin And Bridgeland MPCs | Accounts Payable and Accrued Liabilities
Accounts Payable and Accrued Expenses
Decrease in deferred income			(36,100)
Leases, Acquired-in-Place
Prepaid Expenses and Other Assets
Net carrying amount	11,209		11,209				16,015
Ground Leases below Market
Prepaid Expenses and Other Assets
Net carrying amount	18,732		18,732				18,986
Ground Leases above Market
Prepaid Expenses and Other Assets
Net carrying amount	$ 1,786		$ 1,786				$ 2,457