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MORTGAGES, NOTES AND LOANS PAYABLE (Details) (USD $)
2 Months Ended 12 Months Ended 1 Months Ended 1 Months Ended 0 Months Ended 9 Months Ended 12 Months Ended 0 Months Ended 1 Months Ended 12 Months Ended 0 Months Ended 1 Months Ended 12 Months Ended
Dec. 31, 2010
Dec. 31, 2012
Dec. 31, 2011
May 31, 2012
Pierre Bossier Mall
May 11, 2012
Pierre Bossier Mall
Jun. 30, 2012
Southland Center
Jun. 15, 2012
Southland Center
Oct. 25, 2012
Animas Valley Mall
Dec. 31, 2012
Collateralized mortgages, notes and loans payable
Dec. 31, 2011
Collateralized mortgages, notes and loans payable
Sep. 28, 2012
Senior Facility
Dec. 31, 2012
Senior Facility
Dec. 31, 2012
Revolver
Jan. 12, 2012
Revolver
Oct. 25, 2012
Senior secured term loan
Jun. 30, 2012
Senior secured term loan
May 31, 2012
Senior secured term loan
Jan. 31, 2012
Senior secured term loan
Dec. 31, 2012
Senior secured term loan
Oct. 25, 2012
Senior secured term loan
Pierre Bossier Mall
May 31, 2012
Senior secured term loan
Pierre Bossier Mall
Jun. 30, 2012
Senior secured term loan
Southland Center
Sep. 30, 2012
Renegotiated Senior facility
Sep. 28, 2012
Renegotiated Senior facility
Dec. 31, 2012
Subordinated Facility
Brookfield
Dec. 31, 2012
Property-Level Debt
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Mortgages, notes and loans payable                                                    
Fixed-rate debt:                 $ 995,545,000 $ 731,235,000                                
Variable-rate debt:                 287,946,000 328,449,000                                
Total Mortgages, notes and loans payable   1,283,491,000 1,059,684,000           1,283,491,000 1,059,684,000                               1,029,300,000
Non-cash debt market rate adjustments   33,794,000             33,800,000 58,000,000                               33,800,000
Maximum borrowing capacity                           50,000,000                     100,000,000  
Advance received under term loan                                   433,500,000                
Term of debt instrument       10 years   10 years   10 years       3 years                         3 years 6 months 4 years 2 months 12 days
Variable interest rate base                     one month LIBOR                       LIBOR   LIBOR  
Variable interest rate floor (as a percent)                     1.00%                           1.00%  
Interest rate margin (as a percent)                     5.00%                         4.50% 8.50%  
Default interest rate (as a percent)                       2.00%                         2.00%  
Outstanding balance                                     287,900,000              
Unused fee, if aggregate unused amount is greater than or equal to 50% of credit facility (as a percent)                         0.30%                          
Unused fee, if aggregate unused amount is less than 50% of credit facility (as a percent)                         0.25%                          
Semi annual revolving credit fee                                                 250,000  
Number of properties with Property-Level Debt                                                   18
Total number of assets                                                   32
Amount of hedge transaction                                     130,000              
Notional amount of interest rate cap                                     110,000,000              
Derivative reference rate                                     LIBOR              
Interest rate cap rate (as a percent)                                     1.00%              
Fair value of interest rate cap                                     0              
Amount of term loan refinanced         48,500,000   78,800,000 51,800,000                                    
Fixed rate of interest (as a percent)         4.94%   5.09% 4.41%                                    
Proceeds used to pay mortgages, notes, and loans payable 2,565,000 558,262,000 168,459,000                       6,200,000 11,700,000 9,700,000     37,100,000 38,200,000 70,200,000        
Land, buildings and equipment and developments in progress (before accumulated depreciation) pledged as collateral                 1,640,000,000                                  
Weighted Average interest rate (as a percent)                 5.20% 4.90%                               5.32%
Scheduled maturities of mortgages, notes, and loans payable for the next five years and thereafter                                                    
2013   77,940,000                                                
2014   253,529,000                                                
2015   301,014,000                                                
2016   294,234,000                                                
2017   147,874,000                                                
Thereafter   242,694,000                                                
Total mortgages, notes and loans payable, gross   1,317,285,000                                                
Unamortized market rate adjustment   (33,794,000)             (33,800,000) (58,000,000)                               (33,800,000)
Total Mortgages, notes and loans payable   $ 1,283,491,000 $ 1,059,684,000           $ 1,283,491,000 $ 1,059,684,000                               $ 1,029,300,000