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INVESTMENTS IN JOINT VENTURES (Schedule of New Joint Ventures) (Details) (USD $)
12 Months Ended
Dec. 31, 2013
Property
Dec. 31, 2012
Property
Dec. 31, 2011
Property
Schedule of Equity Method Investments [Line Items]      
Equity Method Investment, Number of Properties in New Joint Ventures 67 20 15
Payments to acquired equity method investments, new investments $ 265,500,000 $ 149,500,000 $ 63,600,000
Multifamily Properties [Member] | Western United States [Member]
     
Schedule of Equity Method Investments [Line Items]      
Equity Method Investment, Number of Properties in New Joint Ventures 2 5 8
Payments to acquired equity method investments, new investments 9,100,000 22,900,000 19,900,000
Multifamily Properties [Member] | IRELAND
     
Schedule of Equity Method Investments [Line Items]      
Equity Method Investment, Number of Properties in New Joint Ventures 1 2 0
Payments to acquired equity method investments, new investments 58,000,000 34,300,000 0
Residential Real Estate [Member] | Western United States [Member]
     
Schedule of Equity Method Investments [Line Items]      
Equity Method Investment, Number of Properties in New Joint Ventures 3 2 2
Payments to acquired equity method investments, new investments 10,000,000 19,600,000 17,900,000
Other Investments [Member] | Spain [Member]
     
Schedule of Equity Method Investments [Line Items]      
Equity Method Investment, Number of Properties in New Joint Ventures 1 0  
Payments to acquired equity method investments, new investments 27,200,000 0 0
Commercial [Member] | Western United States [Member]
     
Schedule of Equity Method Investments [Line Items]      
Equity Method Investment, Number of Properties in New Joint Ventures 4 9 5
Payments to acquired equity method investments, new investments 30,300,000 26,900,000 25,800,000
Commercial [Member] | IRELAND
     
Schedule of Equity Method Investments [Line Items]      
Equity Method Investment, Number of Properties in New Joint Ventures 14 2 0
Payments to acquired equity method investments, new investments 38,700,000 45,800,000 0
Commercial [Member] | UNITED KINGDOM
     
Schedule of Equity Method Investments [Line Items]      
Equity Method Investment, Number of Properties in New Joint Ventures 42 0 0
Payments to acquired equity method investments, new investments $ 92,200,000 $ 0 $ 0