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STOCK BASED COMPENSATION PLANS (Details)
3 Months Ended 6 Months Ended
Feb. 18, 2016
USD ($)
shares
Feb. 10, 2016
USD ($)
Jun. 10, 2015
USD ($)
shares
Feb. 18, 2015
USD ($)
Vesting_Installment
shares
Feb. 03, 2015
USD ($)
shares
Feb. 11, 2014
USD ($)
Vesting_Installment
shares
Jun. 30, 2016
USD ($)
shares
Jun. 30, 2015
USD ($)
shares
Jun. 30, 2016
USD ($)
shares
Jun. 30, 2015
USD ($)
shares
Feb. 28, 2015
USD ($)
Feb. 12, 2014
USD ($)
Stock Options                        
Unrecognized compensation cost             $ 15,300,000   $ 15,300,000      
Period of recognition for unrecognized compensation costs                 32 months      
Weighted average remaining vesting period                 19 months 18 days      
Deferred Compensation Plan                        
Compensation bonus   $ 46,800,000                    
Bonus payment allocated to equity based compensation   $ 10,300,000                    
Compensation expense             $ 4,700,000 $ 11,700,000 $ 9,300,000 $ 18,000,000    
Restricted Stock                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Number of restricted shares granted (in shares) | shares                 960,532      
Stock Options                        
Stock Options                        
Number of options granted (in shares) | shares             0 0 380,949 670,256    
2014 Omnibus Incentive Plan | Management | Restricted Stock | Performance-based vesting                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Number of installments in which awards are vested | Vesting_Installment       3                
Minimum performance target percentage       8.00%                
Performance period       3 years                
2014 Omnibus Incentive Plan | Management | Stock Options | Time-based vesting                        
Stock Options                        
Aggregate grant date fair value of stock options granted $ 1,000,000     $ 1,400,000                
Number of options granted (in shares) | shares       670,256                
Fair value valuation assumptions: risk-free rate 1.50%     1.79%                
Fair value valuation assumptions: dividend yield 9.80%     5.30%                
Fair value valuation assumptions: expected life 6 years     6 years                
Fair value valuation assumptions: volatility rate 48.00%     24.00%                
2014 Omnibus Incentive Plan | Board of Directors | Restricted Stock | Time-based vesting                        
Stock Options                        
Aggregate grant date fair value of stock options granted $ 100,000                      
2014 Omnibus Incentive Plan | Members of Management and Employees | Restricted Stock | Time-based vesting                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Vesting percentage           50.00%            
2014 Omnibus Incentive Plan | Members of Management and Employees | Restricted Stock | Performance-based vesting                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Vesting percentage           50.00%            
Number of installments in which awards are vested | Vesting_Installment           3            
Minimum performance target percentage           8.00%            
Performance period           3 years            
2014 Omnibus Incentive Plan | Members of Management and Employees | Restricted Stock | Time Based Vesting on Eighteen Months Anniversary                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Vesting period           18 months            
Share Based Compensation Arrangement by Share Based Payment Award Equity Instruments Other than Options Percentage of Awards Vested           25.00%            
2014 Omnibus Incentive Plan | Members of Management and Employees | Restricted Stock | Time Based Vesting on Three Year Anniversary                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Vesting period           3 years            
Share Based Compensation Arrangement by Share Based Payment Award Equity Instruments Other than Options Percentage of Awards Vested           75.00%            
2014 Omnibus Incentive Plan | Harris | Restricted Stock | Time-based vesting                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Number of installments in which awards are vested | Vesting_Installment           3            
Vesting period           3 years            
Stock Options                        
Period of recognition for unrecognized compensation costs           3 years            
2014 Omnibus Incentive Plan | Director                        
Deferred Compensation Plan                        
Amount to be paid for Audit and Compensation Committee services                       $ 15,000
Amount to be paid for nominating and corporate Governance Committee services                       10,000
2014 Omnibus Incentive Plan | Director | Restricted Stock | Time-based vesting                        
Stock Options                        
Period of recognition for unrecognized compensation costs           3 years            
2014 Omnibus Incentive Plan | Officers Other than Harris and Certain Employees | Restricted Stock | Time-based vesting                        
Stock Options                        
Period of recognition for unrecognized compensation costs           3 years            
2014 Omnibus Incentive Plan | Alan Fishman | Restricted Stock                        
Stock Options                        
Grant date fair value of awards granted           $ 1,000,000            
2014 Omnibus Incentive Plan | Douglas Durst | Restricted Stock                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Number of installments in which awards are vested | Vesting_Installment           3            
Vesting period           3 years            
Stock Options                        
Grant date fair value of awards granted           $ 100,000            
Deferred Compensation Plan                        
Share based compensation grant date fair value                       $ 50,000
2014 Omnibus Incentive Plan | Joel C Peterson | Restricted Stock                        
Stock Options                        
Grant date fair value of awards granted           100,000            
Deferred Compensation Plan                        
Payment for directors fees           75,000            
Phantom Equity Incentive Plan                        
Stock Options                        
Units outstanding | shares             349,048   349,048      
Units unvested | shares             32,370   32,370      
Total employee's contribution, net of forfeitures and payouts related to terminations             $ 6,200,000   $ 6,200,000      
2014 Deferred Compensation Plan                        
Stock Options                        
Units outstanding | shares             254,129   254,129      
Units unvested | shares             204,176   204,176      
Total employee's contribution, net of forfeitures and payouts related to terminations             $ 3,300,000   $ 3,300,000   $ 3,400,000  
Restricted Class A Common Stock | 2014 Omnibus Incentive Plan | Members of Management and Employees                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Aggregate value of awards granted           $ 27,500,000            
Number of restricted shares granted (in shares) | shares           1,619,865            
Restricted Class A Common Stock | 2014 Omnibus Incentive Plan | Fishman Peterson Durst                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Number of restricted shares granted (in shares) | shares           67,648            
Class A common stock | Restricted Stock                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Number of restricted shares granted (in shares) | shares             0 4,223 793,598 726,327    
Share Based Compensation Arrangement by Share Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Fair Value             $ 0 $ 75,000 $ 9,118,000 $ 13,353,000    
Class A common stock | Restricted Dividends                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Number of restricted shares granted (in shares) | shares             0 0 166,934 0    
Share Based Compensation Arrangement by Share Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Fair Value             $ 0 $ 0 $ 1,908,000 $ 0    
Class A common stock | 2014 Omnibus Incentive Plan | Restricted Stock                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Aggregate value of awards granted         $ 500,000              
Number of restricted shares granted (in shares) | shares         25,742              
Class A common stock | 2014 Omnibus Incentive Plan | Harris | Restricted Stock | Annually for Two Years                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Vesting percentage       50.00%                
Vesting period       2 years                
Class A common stock | 2014 Omnibus Incentive Plan | Management | Restricted Stock                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Aggregate value of awards granted       $ 12,600,000                
Number of restricted shares granted (in shares) | shares 289,326     688,400                
Class A common stock | 2014 Omnibus Incentive Plan | Management | Restricted Stock | Time-based vesting                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Vesting percentage       50.00%                
Class A common stock | 2014 Omnibus Incentive Plan | Management | Restricted Stock | Performance-based vesting                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Vesting percentage       50.00%                
Class A common stock | 2014 Omnibus Incentive Plan | Management | Restricted Stock | Annually for Three Years                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Vesting percentage       33.00%                
Vesting period 3 years     3 years                
Class A common stock | 2014 Omnibus Incentive Plan | Board of Directors | Restricted Stock                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Number of restricted shares granted (in shares) | shares 12,636   4,223 7,962                
Stock Options                        
Grant date fair value of awards granted     $ 100,000 $ 100,000                
Class A common stock | 2014 Omnibus Incentive Plan | Board of Directors | Restricted Stock | Time-based vesting                        
Stock Options                        
Portion of compensation expense to be recognized annually (as a percent)       100.00%                
Class A common stock | 2014 Omnibus Incentive Plan | Board of Directors | Restricted Stock | One Year from Grant Date                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Vesting period       1 year                
Class A common stock | 2014 Omnibus Incentive Plan | Board of Directors | Restricted Stock | Annually for Three Years                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Vesting percentage     33.00%                  
Vesting period     3 years                  
Class A common stock | 2014 Omnibus Incentive Plan | Executive Officers | Restricted Stock                        
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                        
Aggregate value of awards granted $ 9,100,000                      
Number of restricted shares granted (in shares) | shares 793,598