ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Accounts Payable and Accrued Liabilities [Abstract]
Property taxes payable	$ 15,507	$ 12,107
Development costs payable	7,679	7,170
Interest payable	3,658	2,615
Dividends payable on unvested restricted stock	1,928	1,191
Other payables and accrued expenses	8,332	5,831
Accounts payable and accrued expenses	$ 37,104	$ 28,914