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OTHER ASSETS AND LIABILITIES (Details) - USD ($)
3 Months Ended
Mar. 31, 2018
Jan. 01, 2018
Dec. 31, 2017
Prepaid Expenses and Other Assets      
Straight-line rent $ 42,188,000   $ 39,136,000
Security and escrow deposits 16,888,000   16,949,000
Equipment, net of accumulated depreciation of $7.1 million and $6.9 million, respectively 16,798,000   16,955,000
Prepaid expenses 12,247,000   11,731,000
Other 11,873,000   19,242,000
Interest rate swap derivative assets 9,011,000   4,470,000
Tenant incentives and other receivables 8,208,000   8,482,000
Federal income tax receivable 2,198,000   2,198,000
Condominium deposits 218,000   0
Condominium receivables 0   158,516,000
Total prepaid expenses and other assets 210,327,000   370,027,000
Accumulated depreciation on other equipment 7,100,000   6,900,000
Decrease in prepaid expenses and other assets 159,700,000    
Decrease in condominium receivables 158,500,000    
Decrease in other assets 7,400,000    
Decrease in in-place leases 1,000,000    
Increase in derivative assets 4,500,000    
Increase in straight line rent 3,100,000    
Increase in prepaid expense 500,000    
Accounts Payable and Accrued Liabilities [Abstract]      
Construction payables 244,192,000   217,838,000
Condominium deposit liabilities 196,337,000   55,975,000
Deferred income 52,758,000   53,337,000
Other 27,552,000   34,699,000
Accounts payable and accrued expenses 26,328,000   35,887,000
Tenant and other deposits 19,681,000   18,937,000
Accrued payroll and other employee liabilities 18,246,000   41,236,000
Straight-line ground rent liability 15,399,000   14,944,000
Accrued real estate taxes 11,271,000   22,289,000
Accrued interest 7,507,000   20,322,000
Interest rate swaps 0   5,961,000
Above-market ground leases 0   293,000
Accounts payable and accrued expenses 619,271,000   521,718,000
Increase in accounts payable and accrued expenses 97,600,000    
Increase in condominium deposits liability 140,400,000    
Increase in construction payables 26,400,000    
Other increases 1,200,000    
Decrease in accrued payroll and other employee liabilities 23,000,000    
Decrease in accrued interest 12,800,000    
Decrease in accrued real estate taxes 11,000,000    
Decrease in accounts payable and accrued expenses 9,600,000    
Decrease in other 7,100,000    
Decrease in interest rate swap liability 6,000,000    
Decreases in other $ 900,000    
Senior Notes 6.875 Percent Due 2021      
Accounts Payable and Accrued Liabilities [Abstract]      
Interest rate (as a percent) 6.875%    
Leases, Acquired-in-Place      
Prepaid Expenses and Other Assets      
Intangibles $ 34,465,000   34,802,000
Net carrying amount 9,805,000   10,821,000
Ground Leases below Market      
Prepaid Expenses and Other Assets      
Special Improvement District receivable 26,371,000   26,430,000
Net carrying amount 18,562,000   18,647,000
Ground Leases above Market      
Prepaid Expenses and Other Assets      
Net carrying amount 1,495,000   $ 1,648,000
Unsecured 5.375% Senior Notes | 5.375% Senior Note Due 2025      
Accounts Payable and Accrued Liabilities [Abstract]      
Loan amount $ 1,000,000,000    
Interest rate (as a percent) 5.375%    
Difference between Revenue Guidance in Effect before and after Topic 606 | Accounting Standards Update 2014-09      
Prepaid Expenses and Other Assets      
Condominium receivables $ 154,200,000 $ (154,200,000)  
Total prepaid expenses and other assets (277,404,000) 5,600,000  
Accounts Payable and Accrued Liabilities [Abstract]      
Accounts payable and accrued expenses $ 107,948,000 $ 95,000,000