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ACQUISITION AND DISPOSITION OF REAL ESTATE AND PROPERTIES HELD FOR SALE - Acquisition (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
USD ($)
ft²
shares
Jun. 30, 2015
USD ($)
Jun. 30, 2016
USD ($)
ft²
shares
Jun. 30, 2015
USD ($)
May 31, 2016
Dec. 31, 2015
USD ($)
Business Acquisition [Line Items]            
Gross leasable area (in square feet) | ft² 82,098,000   82,098,000      
Reduction to rental income $ (35,186) $ (39,784) $ (73,776) $ (77,971)    
Purchase Price Allocations            
Land 89,109   89,109     $ 86,765
Buildings and improvements 255,808   255,808     267,551
Acquisition-related intangible assets (in Acquired lease intangibles, net) 23,071   23,071     0
Acquisition-related intangible liabilities (in Acquired lease intangibles, net) (12,951)   (12,951)     0
Below market debt assumed (in Mortgage and other notes payable) (11,606)   (11,606)     (10,885)
Total consideration $ 343,431   343,431     $ 343,431
Adjustments            
Land     2,344      
Buildings and improvements     (11,743)      
Acquisition-related intangible assets (in Acquired lease intangibles, net)     23,071      
Acquisition-related intangible liabilities (in Acquired lease intangibles, net)     (12,951)      
Below market debt assumed (in Mortgage and other notes payable)     (721)      
Total consideration     $ 0      
Core Portfolio            
Business Acquisition [Line Items]            
Gross leasable area (in square feet) | ft² 436,410   436,410      
Percentage of interests acquired         20.00%  
Purchase Price     $ 190,286      
Assumption of Debt     30,472      
Acquisition costs     $ 1,900      
Fund IV            
Business Acquisition [Line Items]            
Gross leasable area (in square feet) | ft² 19,528   19,528      
Purchase Price     $ 13,750      
Assumption of Debt     1,463      
Acquisition costs     $ 200      
Gotham Plaza | New York, NY | Core Portfolio            
Business Acquisition [Line Items]            
Gross leasable area (in square feet) | ft² 122,902   122,902      
Percentage of interests acquired 49.00%   49.00%      
Purchase Price     $ 39,808      
Assumption of Debt     $ 10,472      
991 Madison Avenue | New York, NY | Core Portfolio            
Business Acquisition [Line Items]            
Gross leasable area (in square feet) | ft² 6,920   6,920      
Percentage of interests acquired 100.00%   100.00%      
Purchase Price     $ 76,628      
Assumption of Debt     $ 0      
165 Newbury Street | Boston, MA | Core Portfolio            
Business Acquisition [Line Items]            
Gross leasable area (in square feet) | ft² 1,588   1,588      
Percentage of interests acquired 100.00%   100.00%      
Purchase Price     $ 6,250      
Assumption of Debt     $ 0      
Renaissance Portfolio | Washington D.C. | Core Portfolio            
Business Acquisition [Line Items]            
Gross leasable area (in square feet) | ft² 305,000   305,000      
Percentage of interests acquired 20.00%   20.00%      
Purchase Price     $ 67,600      
Assumption of Debt     $ 20,000      
1964 Union Street | San Francisco, CA | Fund IV            
Business Acquisition [Line Items]            
Gross leasable area (in square feet) | ft² 3,817   3,817      
Percentage of interests acquired 90.00%   90.00%      
Purchase Price     $ 2,250      
Assumption of Debt     $ 1,463      
Restaurants at Fort Point | Boston, MA | Fund IV            
Business Acquisition [Line Items]            
Gross leasable area (in square feet) | ft² 15,711   15,711      
Percentage of interests acquired 100.00%   100.00%      
Purchase Price     $ 11,500      
Assumption of Debt     $ 0      
Acquisitions in 2016            
Business Acquisition [Line Items]            
Gross leasable area (in square feet) | ft² 455,938   455,938      
Purchase Price     $ 204,036      
Assumption of Debt     31,935      
Increase to depreciation and amortization expense     1,900      
Reduction to rental income     100      
Purchase Price Allocations            
Land $ 30,419   30,419      
Buildings and improvements 296,534   296,534      
Debt assumed (included in Mortgage and other notes payable) (121,371)   (121,371)      
Total consideration $ 205,582   $ 205,582      
Operating Partnership, as General Partner or Managing Member            
Business Acquisition [Line Items]            
Limited partners' capital account, units issued (in shares) | shares 442,478   442,478      
Series C Preferred Stock | Operating Partnership, as General Partner or Managing Member            
Business Acquisition [Line Items]            
Limited partners' capital account, units issued (in shares) | shares 141,593   141,593      
Capital Lease Obligations | 991 Madison Avenue            
Business Acquisition [Line Items]            
Lease term 49 years          
Capital lease payments $ 7,200