INVESTMENTS IN REAL ESTATE (Tables)

9 Months Ended

Sep. 30, 2017

Real Estate [Abstract]

Investments in Real Estate

Investments in real estate consist of the following:

	September 30, 2017			December 31, 2016
	(in thousands)
Land	$	213,495		$	343,564
Land improvements	17,746			26,177
Buildings and improvements	835,215			1,475,415
Furniture, fixtures, and equipment	3,273			4,955
Tenant improvements	127,824			159,677
Work in progress	8,223			11,706
Investments in real estate	1,205,776			2,021,494
Accumulated depreciation	(264,539		)	(414,552		)
Net investments in real estate	$	941,237		$	1,606,942