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INVESTMENTS IN REAL ESTATE (Tables)
9 Months Ended
Sep. 30, 2016
Real Estate [Abstract]  
Schedule of investments in real estate
Investments in real estate consist of the following:
 
 
September 30, 2016
 
December 31, 2015
 
 
(in thousands)
Land
 
$
343,564

 
$
363,612

Land improvements
 
26,177

 
26,747

Buildings and improvements
 
1,473,469

 
1,506,962

Furniture, fixtures, and equipment
 
4,729

 
9,720

Tenant improvements
 
163,102

 
146,205

Work in progress
 
8,276

 
8,126

Investments in real estate
 
2,019,317

 
2,061,372

Accumulated depreciation
 
(403,902
)
 
(369,661
)
Net investments in real estate
 
$
1,615,415

 
$
1,691,711