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INCOME TAXES - Tax Rate Reconciliation (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Effective Income Tax Rate Reconciliation, Percent [Abstract]        
US statutory tax rate   35.00% 35.00% 35.00%
REIT income not subject to corporate income tax   (29.53%) (34.38%) (32.37%)
Increase due to state and local taxes   0.74% 4.41% 1.40%
Deferred tax asset write-off upon conversion to REIT   0.00% 0.00% 1.44%
Change in valuation allowance   2.13% 0.42% 3.29%
Impact of Tax Cuts and Jobs Act   (2.53%) 0.00% 0.00%
Other   (0.04%) (0.19%) 0.39%
Effective income tax rate   5.77% 5.26% 9.15%
State and Local Jurisdiction | New York        
Effective Income Tax Rate Reconciliation, Percent [Abstract]        
State income tax expense (benefit) $ 3.3   $ 3.3