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SUBSEQUENT EVENTS (Details) (USD $)
1 Months Ended 3 Months Ended 0 Months Ended 3 Months Ended
Feb. 28, 2013
Nov. 30, 2012
Aug. 31, 2012
May 31, 2012
Feb. 29, 2012
Mar. 31, 2013
Mar. 31, 2012
Dec. 31, 2012
May 10, 2013
Subsequent event
Apr. 26, 2013
Corporate loan secured by cross collateralized mortgages
Subsequent event
property
item
Mar. 31, 2013
Prior loans
property
Mar. 31, 2013
Revolving credit facility, (the "Facility")
Mar. 31, 2013
Rouse Properties, Inc. (Rouse)
Redemption of debt
6.75% notes due November 9, 2015
Subsequent event
Apr. 02, 2013
Rouse Properties, Inc. (Rouse)
Redemption of debt
6.75% notes due November 9, 2015
Subsequent event
SUBSEQUENT EVENTS                            
Fixed-rate debt           $ 15,254,834,000   $ 14,954,601,000           $ 608,700,000
Interest rate (as a percent)                         6.75%  
Debt extinguishment costs                         20,500,000  
Amount of loan obtained                   1,500,000,000        
Number of properties subject to collateralized debt                   16 16      
Variable rate basis           LIBOR       LIBOR   LIBOR    
Basis spread on variable rate (as a percent)                   2.50%        
Term to maturity                   3 years 3 years 3 months 18 days      
Number of extensions to maturity date                   2        
Period of extension option                   1 year        
Weighted average, interest rate (as percent)                     3.98%      
Proceeds from issuance of loan                   $ 180,000,000        
Common stock dividends declared (in dollars per share) $ 0.12 $ 0.11 $ 0.11 $ 0.10 $ 0.10 $ 0.12 $ 0.10   $ 0.12          
Preferred stock dividends declared (in dollars per share)                 $ 0.3984