ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Accounts Payable and Accrued Liabilities [Abstract]
Property taxes payable	$ 16,055	$ 15,216
Development costs payable	6,215	7,920
Property capital expenditures payable	2,818	1,554
Interest payable	3,704	3,500
Dividends payable on unvested restricted stock	2,157	2,096
Other payables and accrued expenses	13,232	9,153
Accounts payable and accrued expenses	$ 44,181	$ 39,439