ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Accounts Payable and Accrued Liabilities [Abstract]
Property taxes payable	$ 24,425	$ 15,216
Development costs payable	8,079	7,920
Interest payable	2,337	3,500
Dividends payable on unvested restricted stock	2,002	2,096
Other payables and accrued expenses	11,029	10,707
Accounts payable and accrued expenses	$ 47,872	$ 39,439