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REAL ESTATE AND OTHER AFFILIATES (Summary of Investments in Real Estate and Other Affiliates) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Investment in Real Estate and Other Affiliates      
Carrying Value $ 85,911   $ 76,593
Share of Earnings/Dividends 14,386 $ 8,520  
Cost method investments      
Investment in Real Estate and Other Affiliates      
Carrying Value 3,855   3,952
Share of Earnings/Dividends 3,341 3,383  
Accounts payable and accrued expenses | The Metropolitan Downtown Columbia      
Investment in Real Estate and Other Affiliates      
Investment deficit position $ 3,100   $ 2,600
MPC | The Summit | Equity Method Investments      
Investment in Real Estate and Other Affiliates      
Economic/Legal Ownership 0.00%   0.00%
Carrying Value $ 57,015   $ 45,886
Share of Earnings/Dividends $ 11,128 5,280  
Operating | Las Vegas 51s LLC | Equity Method Investments      
Investment in Real Estate and Other Affiliates      
Economic/Legal Ownership 100.00%   100.00%
Carrying Value $ 0   $ 0
Share of Earnings/Dividends $ 0 (152)  
Operating | Constellation | Equity Method Investments      
Investment in Real Estate and Other Affiliates      
Economic/Legal Ownership 100.00%   100.00%
Carrying Value $ 0   $ 0
Share of Earnings/Dividends $ 0 64  
Operating | The Metropolitan Downtown Columbia | Equity Method Investments      
Investment in Real Estate and Other Affiliates      
Economic/Legal Ownership 50.00%   50.00%
Carrying Value $ 0   $ 0
Share of Earnings/Dividends $ 80 57  
Operating | Stewart Title of Montgomery County, TX | Equity Method Investments      
Investment in Real Estate and Other Affiliates      
Economic/Legal Ownership 50.00%   50.00%
Carrying Value $ 3,579   $ 3,673
Share of Earnings/Dividends $ 82 26  
Operating | Woodlands Sarofim 1 | Equity Method Investments      
Investment in Real Estate and Other Affiliates      
Economic/Legal Ownership 20.00%   20.00%
Carrying Value $ 2,697   $ 2,696
Share of Earnings/Dividends $ 20 7  
Operating | m.flats/TEN.M | Equity Method Investments      
Investment in Real Estate and Other Affiliates      
Economic/Legal Ownership 50.00%   50.00%
Carrying Value $ 5,648   $ 6,521
Share of Earnings/Dividends (937) 0  
Strategic | Equity Method Investments      
Investment in Real Estate and Other Affiliates      
Carrying Value 82,056   $ 72,641
Share of Earnings/Dividends $ 11,045 5,137  
Strategic | Circle T Ranch and Power Center | Equity Method Investments      
Investment in Real Estate and Other Affiliates      
Economic/Legal Ownership 50.00%   50.00%
Carrying Value $ 4,456   $ 4,455
Share of Earnings/Dividends $ 0 0  
Strategic | HHMK Development | Equity Method Investments      
Investment in Real Estate and Other Affiliates      
Economic/Legal Ownership 50.00%   50.00%
Carrying Value $ 10   $ 10
Share of Earnings/Dividends $ 0 0  
Strategic | KR Holdings | Equity Method Investments      
Investment in Real Estate and Other Affiliates      
Economic/Legal Ownership 50.00%   50.00%
Carrying Value $ 0   $ 749
Share of Earnings/Dividends $ 672 11  
Strategic | 33 Peck Slip | Equity Method Investments      
Investment in Real Estate and Other Affiliates      
Economic/Legal Ownership 35.00%   35.00%
Carrying Value $ 8,651   $ 8,651
Share of Earnings/Dividends $ 0 $ (156)