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ACQUISITIONS (Details) (USD $)
2 Months Ended 3 Months Ended 12 Months Ended 0 Months Ended 0 Months Ended 12 Months Ended
Dec. 31, 2010
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
item
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2012
As Adjusted (Unaudited)
Dec. 31, 2011
As Adjusted (Unaudited)
Dec. 31, 2012
Acquired Lease Intangibles
Dec. 31, 2012
Acquired Above Market Lease Intangibles
Dec. 31, 2012
Acquired Below Market Lease Intangibles
Dec. 31, 2012
Land
Dec. 31, 2012
Building and improvements
Dec. 31, 2012
Other
Feb. 21, 2012
Grand Traverse Mall
item
Dec. 31, 2012
Grand Traverse Mall
Acquired Lease Intangibles
Dec. 31, 2012
Grand Traverse Mall
Acquired Above Market Lease Intangibles
Dec. 31, 2012
Grand Traverse Mall
Acquired Below Market Lease Intangibles
Dec. 31, 2012
Grand Traverse Mall
Land
Dec. 31, 2012
Grand Traverse Mall
Building and improvements
Dec. 28, 2012
The Mall at Turtle Creek
item
Dec. 31, 2012
The Mall at Turtle Creek
Dec. 31, 2012
The Mall at Turtle Creek
Acquired Lease Intangibles
Dec. 31, 2012
The Mall at Turtle Creek
Acquired Above Market Lease Intangibles
Dec. 31, 2012
The Mall at Turtle Creek
Acquired Below Market Lease Intangibles
Dec. 31, 2012
The Mall at Turtle Creek
Land
Dec. 31, 2012
The Mall at Turtle Creek
Building and improvements
Dec. 31, 2012
The Mall at Turtle Creek
Other
Dec. 31, 2012
Grand Traverse and The Mall at Turtle Creek
Acquisition                                                                      
Square Footage Acquired                   674,160                     306,241           367,919                
Purchase Price   $ 158,000,000               $ 158,000,000                     $ 62,000,000           $ 96,300,000                
Restructured and discounted non-recourse loan assumed                                         62,000,000           79,500,000                
Term of non-recourse loan                                         5 years           3 years 6 months                
Discount rate of non-recourse loan (as a percent)                                         5.02%           6.54%                
Premium or discount recorded as a result of mortgage assumption                                                     4,800,000 4,800,000              
Interest acquired (as a percent)                                                     100.00%                
Acquisition and transaction costs paid                   1,000,000                                                  
Revenues 35,540,000 62,154,000 58,463,000 56,949,000 56,408,000 60,907,000 58,554,000 56,255,000 59,100,000 233,974,000 234,816,000   243,215,000 250,434,000                                         7,400,000
Net loss   (13,586,000) (13,056,000) (15,940,000) (26,077,000) (4,871,000) (8,999,000) (6,572,000) (6,534,000)                                                   2,800,000
Additional information regarding the company's acquisitions                                                                      
Value of assets acquired                             13,797,000 6,682,000 (4,870,000) 33,674,000 112,191,000 1,276,000   6,363,000 4,210,000 (430,000) 11,420,000 40,046,000     7,434,000 2,472,000 (4,440,000) 22,254,000 72,145,000 1,276,000  
Condensed pro forma financial information                                                                      
Total revenues 35,540,000 62,154,000 58,463,000 56,949,000 56,408,000 60,907,000 58,554,000 56,255,000 59,100,000 233,974,000 234,816,000   243,215,000 250,434,000                                         7,400,000
Net loss $ (2,866,000)                 $ (68,659,000) $ (26,976,000) $ (2,866,000) $ (71,025,000) $ (32,862,000)                                          
Net loss per share - Basic and Diluted (in dollars per share) $ (0.08) $ (0.28) $ (0.27) $ (0.32) $ (0.71) $ (0.14) $ (0.25) $ (0.18) $ (0.18) $ (1.49) $ (0.75)   $ (1.54) $ (0.92)                                          
Weighted average shares - basic and diluted 35,906,105 49,258,249 49,244,562 49,242,014 36,785,376 35,906,105 35,906,105 35,906,105 35,905,695 46,149,893 35,906,105   46,149,893 35,906,105