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SUBSIDIARY EQUITY OBLIGATIONS - Narrative (Details)
12 Months Ended
Dec. 31, 2017
USD ($)
Dec. 31, 2014
USD ($)
tranche
$ / shares
Dec. 31, 2016
USD ($)
Disclosure of subsidiaries [line items]      
Exchangeable preferred equity units issued $ 1,597,000,000   $ 1,574,000,000
Amount of subsidiary equity obligation reclassified as limited-life fund 1,600,000,000   1,400,000,000
Limited-life funds and redeemable fund units 1,559,000,000   1,439,000,000
Subsidiary preferred shares and capital 505,000,000   552,000,000
Subsidiaries      
Disclosure of subsidiaries [line items]      
Exchangeable preferred equity units issued   $ 1,800,000,000  
Number of tranches | tranche   3  
Preferred equity units exchangeable (in dollars per unit) | $ / shares   $ 25.70  
2021 | Subsidiaries      
Disclosure of subsidiaries [line items]      
Exchangeable preferred equity units issued   $ 600,000,000  
2024 | Subsidiaries      
Disclosure of subsidiaries [line items]      
Exchangeable preferred equity units issued   600,000,000  
2026 | Subsidiaries      
Disclosure of subsidiaries [line items]      
Exchangeable preferred equity units issued   $ 600,000,000  
Manufactured Housing Preferred Equity Interests      
Disclosure of subsidiaries [line items]      
Subsidiary preferred shares and capital $ 249,000,000   0
Percentage of annual return payable in monthly distributions 9.00%    
Rouse Series A preferred shares      
Disclosure of subsidiaries [line items]      
Subsidiary preferred shares and capital $ 142,000,000   143,000,000
BSREP II Vintage Estate Partners LLC (“Vintage Estates”) preferred shares      
Disclosure of subsidiaries [line items]      
Subsidiary preferred shares and capital 40,000,000   40,000,000
Real Estate      
Disclosure of subsidiaries [line items]      
Limited-life funds and redeemable fund units 813,000,000   795,000,000
Infrastructure      
Disclosure of subsidiaries [line items]      
Limited-life funds and redeemable fund units $ 746,000,000   592,000,000
Public Securities      
Disclosure of subsidiaries [line items]      
Limited-life funds and redeemable fund units     $ 52,000,000