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MORTGAGES, NOTES AND LOANS PAYABLE (Narrative) (Details)
3 Months Ended
Apr. 30, 2018
USD ($)
Apr. 13, 2018
USD ($)
Mar. 27, 2018
USD ($)
extention_option
Jan. 25, 2018
USD ($)
Jan. 19, 2018
USD ($)
Jan. 05, 2018
USD ($)
extention_option
Mar. 31, 2018
USD ($)
Mar. 31, 2017
USD ($)
Dec. 31, 2017
USD ($)
Mortgages, notes and loans payable                  
Land, buildings and equipment and developments in progress pledged as collateral             $ 3,800,000,000    
Repayments on mortgage loan             24,059,000 $ 881,476,000  
Settlement of swap liability             0   $ 5,961,000
Downtown Summerlin Apartments | Construction Loans                  
Mortgages, notes and loans payable                  
Loan amount     $ 44,100,000.0            
Number of extension options | extention_option     1            
Term of extension option     3 years            
Downtown Summerlin Apartments | Construction Loans | London Interbank Offered Rate (LIBOR)                  
Mortgages, notes and loans payable                  
Interest rate margin (as a percent)     2.25%            
Wacker110 N                  
Mortgages, notes and loans payable                  
Repayments on mortgage loan         $ 18,900,000        
Settlement of swap liability         $ 300,000        
Three Hughes Landing                  
Mortgages, notes and loans payable                  
Number of extension options | extention_option           2      
Term of extension option           1 year      
Long-term line of credit           $ 65,500,000      
Three Hughes Landing | One Month LIBOR                  
Mortgages, notes and loans payable                  
Interest rate margin (as a percent)           2.60%      
Lake Woodlands Crossing Retail | Construction Loans                  
Mortgages, notes and loans payable                  
Loan amount       $ 15,500,000.0          
Interest rate margin (as a percent)       1.80%          
Maximum recourse percentage upon achievement of conditions       50.00%          
Recourse percentage       15.00%          
Occupancy percentage       90.00%          
MPC | Summerlin | Special Improvement District bonds                  
Mortgages, notes and loans payable                  
New SIDs issued             0    
Bond obligation             $ 2,900,000    
Subsequent Event | Lakeland Village Center                  
Mortgages, notes and loans payable                  
Repayments on mortgage loan   $ 11,800,000              
Subsequent Event | Wacker110 N | Construction Loans                  
Mortgages, notes and loans payable                  
Loan amount $ 494,500,000                
Subsequent Event | Wacker110 N | Construction Loans | London Interbank Offered Rate (LIBOR)                  
Mortgages, notes and loans payable                  
Interest rate margin (as a percent) 3.00%