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INVESTMENTS IN REAL ESTATE (Tables)
 3 Months Ended
Mar. 31, 2017
Real Estate [Abstract]  
Investments in Real Estate
Investments in real estate consist of the following:
 
 
March 31, 2017
 
December 31, 2016
 
 
(in thousands)
Land
 
$
329,200

 
$
343,564

Land improvements
 
26,009

 
26,177

Buildings and improvements
 
1,382,817

 
1,475,415

Furniture, fixtures, and equipment
 
4,847

 
4,955

Tenant improvements
 
151,072

 
159,677

Work in progress
 
10,456

 
11,706

Investments in real estate
 
1,904,401

 
2,021,494

Accumulated depreciation
 
(398,909
)
 
(414,552
)
Net investments in real estate
 
$
1,505,492

 
$
1,606,942