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RELATED PARTY TRANSACTIONS (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Mar. 03, 2017
USD ($)
Jun. 30, 2018
USD ($)
property
Jun. 30, 2017
USD ($)
Jun. 30, 2018
USD ($)
property
Jun. 30, 2017
USD ($)
Jul. 06, 2017
USD ($)
property
Mar. 13, 2017
USD ($)
Oct. 18, 2016
USD ($)
RELATED PARTY TRANSACTIONS                
Interest expense   $ 48,417 $ 35,661 $ 93,130 $ 67,076      
Affiliated Entity                
RELATED PARTY TRANSACTIONS                
Investment in mutual fund   $ 900   $ 900       $ 10,000
Fee earned on assets under management (as percentage)       0.75%        
Fund's cap expense (as percentage)       0.95%        
Affiliated Entity | Related Reserve IV LLC | B Participation Interest                
RELATED PARTY TRANSACTIONS                
Mortgage loan participation purchased by related party             $ 4,000  
Participating mortgage loan amount (up to)             $ 136,500  
Percentage of loans receivable with fixed rates of interest             17.00%  
Interest expense         200      
Affiliated Entity | Brickell Heights Commercial LLC | First mortgage loan                
RELATED PARTY TRANSACTIONS                
Loans receivable from related party           $ 21,000    
Consolidated Joint Venture                
RELATED PARTY TRANSACTIONS                
Number of real estate properties | property   40   40        
Multi-family | Affiliated Entity | Brickell Heights Commercial LLC                
RELATED PARTY TRANSACTIONS                
Number of real estate properties | property           2    
Brickell Heights Commercial LLC | Consolidated Joint Venture | Related Special Assets LLC                
RELATED PARTY TRANSACTIONS                
Ownership Interest (percent)           80.00%    
Brickell Heights Commercial LLC | Consolidated Joint Venture | The Related Group of Florida                
RELATED PARTY TRANSACTIONS                
Ownership Interest (percent)           20.00%    
Class A Common Stock | Related                
RELATED PARTY TRANSACTIONS                
Related party purchases of shares from shareholders $ 80,000              
Participation Financing - Mortgage Loan Receivable | Affiliated Entity | Related Reserve IV LLC | B Participation Interest                
RELATED PARTY TRANSACTIONS                
Interest expense, debt   $ 100 $ 200 $ 200 $ 200