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WARRANTS (Details 2) (USD $)
0 Months Ended 3 Months Ended 12 Months Ended 3 Months Ended
Mar. 28, 2013
Mar. 31, 2013
warrant
Dec. 31, 2012
Dec. 14, 2012
warrant
Oct. 15, 2012
warrant
Jul. 16, 2012
warrant
Apr. 16, 2012
warrant
Mar. 26, 2013
GGPLP
Jan. 29, 2013
The Brookfield Investor
Jan. 28, 2013
Warrant acquisition
GGPLP
warrant
Jan. 28, 2013
Warrant acquisition
Fairholme
GGPLP
Jan. 28, 2013
Warrant acquisition
Blackstone.
GGPLP
Mar. 28, 2013
Minimum
Dec. 31, 2012
Minimum
Mar. 28, 2013
Maximum
Dec. 31, 2012
Maximum
Mar. 31, 2013
Fair Value Measurements, Recurring
Significant Unobservable Inputs (Level 3)
Mar. 31, 2012
Fair Value Measurements, Recurring
Significant Unobservable Inputs (Level 3)
WARRANT LIABILITY                                    
Number of warrants acquired                     41,070,000 5,000,000            
Purchase price of warrants acquired                   $ 633,000,000                
Issuable Shares   120,000,000   134,640,000 133,884,000 133,116,000 132,372,000     27,000,000                
Exercise price (in dollars per share)                   $ 9.37                
Common stock shares issued in warrant settlement transaction               27,500,000 65,000,000                  
Warrant options                 57,500,000                  
Warrant option exercise price                 618,000,000                  
Remaining outstanding warrants                 16,430,000                  
Fair Value of Warrant Liability                                    
Balance at the beginning of the period                                 1,488,196,000 985,962,000
Warrant liability adjustment                                 40,546,000 143,112,000
Purchase of warrants by GGLP                                 (633,229,000)  
Reclassification to equity   (895,513,000)                             (895,513,000)  
Balance at the end of the period                                   1,129,074,000
Estimated fair value of Warrants and significant assumptions used in valuation                                    
Fair value of Warrants $ 895,513,000   $ 1,488,196,000                              
Observable Inputs                                    
GGP stock price per share $ 19.88   $ 19.85                              
Warrant term 4 years 7 months 13 days   4 years 10 months 10 days                              
Unobservable Inputs                                    
Expected volatility (as a percent) 30.00%   33.00%                   15.00% 20.00% 65.00% 65.00%    
Discount for lack of marketability (as a percent) 3.00%   3.00%                   3.00% 3.00% 7.00% 7.00%