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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 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Dec. 31, 2017
Investment in Real Estate and Other Affiliates          
Carrying Value $ 99,444   $ 99,444   $ 76,593
Share of Earnings/Dividends 16,299 $ 9,834 30,685 $ 18,354  
Cost method investments          
Investment in Real Estate and Other Affiliates          
Carrying Value 3,856   3,856   3,952
Share of Earnings/Dividends 1 0 3,342 3,383  
Accounts payable and accrued expenses | The Metropolitan Downtown Columbia          
Investment in Real Estate and Other Affiliates          
Investment deficit position $ 3,100   $ 3,100   $ 2,600
MPC | The Summit | Equity Method Investments          
Investment in Real Estate and Other Affiliates          
Economic/Legal Ownership 0.00%   0.00%   0.00%
Carrying Value $ 68,370   $ 68,370   $ 45,886
Share of Earnings/Dividends $ 14,100 9,792 $ 25,228 15,072  
Operating | Las Vegas 51s LLC | Equity Method Investments          
Investment in Real Estate and Other Affiliates          
Economic/Legal Ownership 100.00%   100.00%   100.00%
Carrying Value $ 0   $ 0   $ 0
Share of Earnings/Dividends $ 0 0 $ 0 (152)  
Operating | Constellation | Equity Method Investments          
Investment in Real Estate and Other Affiliates          
Economic/Legal Ownership 100.00%   100.00%   100.00%
Carrying Value $ 0   $ 0   $ 0
Share of Earnings/Dividends $ 0 (385) $ 0 (322)  
Operating | The Metropolitan Downtown Columbia | Equity Method Investments          
Investment in Real Estate and Other Affiliates          
Economic/Legal Ownership 50.00%   50.00%   50.00%
Carrying Value $ 0   $ 0   $ 0
Share of Earnings/Dividends $ 204 216 $ 284 274  
Operating | Stewart Title of Montgomery County, TX | Equity Method Investments          
Investment in Real Estate and Other Affiliates          
Economic/Legal Ownership 50.00%   50.00%   50.00%
Carrying Value $ 3,676   $ 3,676   $ 3,673
Share of Earnings/Dividends $ 145 183 $ 227 209  
Operating | Woodlands Sarofim 1 | Equity Method Investments          
Investment in Real Estate and Other Affiliates          
Economic/Legal Ownership 20.00%   20.00%   20.00%
Carrying Value $ 2,702   $ 2,702   $ 2,696
Share of Earnings/Dividends $ 16 23 $ 36 30  
Operating | m.flats/TEN.M | Equity Method Investments          
Investment in Real Estate and Other Affiliates          
Economic/Legal Ownership 50.00%   50.00%   50.00%
Carrying Value $ 4,281   $ 4,281   $ 6,521
Share of Earnings/Dividends (1,367) 0 (2,304) 0  
Strategic | Equity Method Investments          
Investment in Real Estate and Other Affiliates          
Carrying Value 95,588   95,588   $ 72,641
Share of Earnings/Dividends $ 16,298 9,834 $ 27,343 14,971  
Strategic | Circle T Ranch and Power Center | Equity Method Investments          
Investment in Real Estate and Other Affiliates          
Economic/Legal Ownership 50.00%   50.00%   50.00%
Carrying Value $ 7,891   $ 7,891   $ 4,455
Share of Earnings/Dividends $ 3,436 0 $ 3,436 0  
Strategic | HHMK Development | Equity Method Investments          
Investment in Real Estate and Other Affiliates          
Economic/Legal Ownership 50.00%   50.00%   50.00%
Carrying Value $ 10   $ 10   $ 10
Share of Earnings/Dividends $ 0 0 $ 0 0  
Strategic | KR Holdings | Equity Method Investments          
Investment in Real Estate and Other Affiliates          
Economic/Legal Ownership 50.00%   50.00%   50.00%
Carrying Value $ 4   $ 4   $ 749
Share of Earnings/Dividends $ 4 5 $ 676 16  
Strategic | 33 Peck Slip | Equity Method Investments          
Investment in Real Estate and Other Affiliates          
Economic/Legal Ownership 35.00%   35.00%   35.00%
Carrying Value $ 8,654   $ 8,654   $ 8,651
Share of Earnings/Dividends $ (240) $ 0 $ (240) $ (156)