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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 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Investment in Real Estate and Other Affiliates          
Carrying Value $ 107,720   $ 107,720   $ 76,593
Share of Earnings/Dividends 8,612 $ 7,467 39,297 $ 25,821  
Cost method investments          
Investment in Real Estate and Other Affiliates          
Carrying Value 3,856   3,856   3,952
Share of Earnings/Dividends 0 0 3,341 3,383  
Accounts payable and accrued expenses | The Metropolitan Downtown Columbia          
Investment in Real Estate and Other Affiliates          
Investment deficit position $ 3,200   $ 3,200   $ 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 $ 76,899   $ 76,899   $ 45,886
Share of Earnings/Dividends $ 9,454 6,480 $ 34,682 21,552  
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 $ 0 107 $ 0 (215)  
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 $ 87 82 $ 371 356  
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 $ 3,740   $ 3,740   $ 3,673
Share of Earnings/Dividends $ 165 113 $ 393 322  
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 $ 2,732   $ 2,732   $ 2,696
Share of Earnings/Dividends $ 30 15 $ 66 45  
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 $ 4,168   $ 4,168   $ 6,521
Share of Earnings/Dividends $ (357) 0 $ (2,661) 0  
Operating | 33 Peck Slip | Equity Method Investments          
Investment in Real Estate and Other Affiliates          
Economic/Legal Ownership 35.00%   35.00%   35.00%
Carrying Value $ 8,734   $ 8,734   $ 0
Share of Earnings/Dividends (452) 0 (452) 0  
Strategic | Equity Method Investments          
Investment in Real Estate and Other Affiliates          
Carrying Value 103,864   103,864   $ 72,641
Share of Earnings/Dividends $ 8,612 7,467 $ 35,956 22,438  
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 $ 0   $ 0   $ 8,651
Share of Earnings/Dividends $ 0 0 $ (240) (156)  
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 $ 7,574   $ 7,574   $ 4,455
Share of Earnings/Dividends $ (318) 650 $ 3,118 650  
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 $ 7   $ 7   $ 749
Share of Earnings/Dividends $ 3 $ 20 $ 679 $ 36