SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Financial Statement Line Items Affected As Result Of New Revenue Recognition Standard) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Jan. 01, 2018
Condensed Consolidated Balance Sheets (in thousands)
Buildings and equipment, net	$ 2,552,071								$ 2,552,071
Developments	1,290,068				$ 1,196,582				1,290,068	$ 1,196,582
Deferred expenses, net	95,714				80,901				95,714	80,901
Prepaid expenses and other assets, net	411,636				370,027				411,636	370,027
Deferred tax liabilities	157,188				160,850				157,188	160,850
Accounts payable and accrued expenses	779,272				521,718				779,272	521,718
Accumulated deficit	(120,341)				(109,508)				(120,341)	(109,508)
Condensed Consolidated Statements of Operations (in thousands)
Condominium rights and unit cost of sales									262,562	338,361	$ 319,325
Depreciation and amortization									126,565	132,252	95,864
Operating income before other items									107,746
Provision for income taxes									15,492	(45,801)	118,450
Net income	37,924	$ 23,847	$ (5,879)	$ 1,834	147,328	$ 10,516	$ 3,120	$ 5,659	57,726	166,623	202,326
Net income attributable to common stockholders	37,261	$ 23,365	$ (5,088)	$ 1,474	$ 149,121	$ 10,504	$ 3,120	$ 5,659	57,012	168,404	202,303
Comprehensive income, net of tax:
Comprehensive income									56,565	166,444	203,429
Comprehensive income attributable to common stockholders									55,851	168,225	203,406
Condensed Consolidated Statements of Cash Flows (in thousands)
Deferred income taxes									16,195	(43,463)	113,698
Percentage of completion revenue recognition from sale of condominium rights									0	(464,251)	(485,634)
Recognition Under Previous Guidance
Condensed Consolidated Balance Sheets (in thousands)
Buildings and equipment, net	2,544,982								2,544,982
Developments	1,136,320								1,136,320
Deferred expenses, net	90,914								90,914
Prepaid expenses and other assets, net	486,693								486,693
Deferred tax liabilities	173,282								173,282
Accounts payable and accrued expenses	613,747								613,747
Accumulated deficit	(61,490)								(61,490)
Condensed Consolidated Statements of Operations (in thousands)
Condominium rights and unit cost of sales									410,281
Depreciation and amortization									123,671
Operating income before other items									93,315
Provision for income taxes									11,943
Net income									46,844
Net income attributable to common stockholders									46,130
Comprehensive income, net of tax:
Comprehensive income									45,683
Comprehensive income attributable to common stockholders									44,969
Condensed Consolidated Statements of Cash Flows (in thousands)
Deferred income taxes									12,646
Percentage of completion revenue recognition from sale of condominium rights									(130,395)
Impact of Adoption of ASC Topic 606 | Accounting Standards Update 2014-09
Condensed Consolidated Balance Sheets (in thousands)
Buildings and equipment, net	7,089								7,089
Developments	153,748								153,748			$ 150,800
Deferred expenses, net	4,800								4,800
Prepaid expenses and other assets, net	(75,057)								(75,057)			5,600
Deferred tax liabilities	(16,094)								(16,094)			(19,600)
Accounts payable and accrued expenses	165,525								165,525			95,000
Accumulated deficit	$ (58,851)								(58,851)			$ (69,700)
Condensed Consolidated Statements of Operations (in thousands)
Condominium rights and unit cost of sales									(147,719)
Depreciation and amortization									2,894
Operating income before other items									14,431
Provision for income taxes									3,549
Net income									10,882
Net income attributable to common stockholders									10,882
Comprehensive income, net of tax:
Comprehensive income									10,882
Comprehensive income attributable to common stockholders									10,882
Condensed Consolidated Statements of Cash Flows (in thousands)
Deferred income taxes									3,549
Percentage of completion revenue recognition from sale of condominium rights									130,395
Condominium rights and unit sales
Condensed Consolidated Statements of Operations (in thousands)
Revenue									357,720	$ 464,251	$ 485,634
Condominium rights and unit sales | Recognition Under Previous Guidance
Condensed Consolidated Statements of Operations (in thousands)
Revenue									488,115
Condominium rights and unit sales | Impact of Adoption of ASC Topic 606 | Accounting Standards Update 2014-09
Condensed Consolidated Statements of Operations (in thousands)
Revenue									$ (130,395)