ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Accounts Payable and Accrued Liabilities [Abstract]
Property taxes payable	$ 27,084	$ 16,055
Development costs payable	13,684	6,215
Property capital expenditures payable	3,466	2,818
Interest payable	3,603	3,704
Dividends payable on unvested restricted stock	1,430	2,157
Other payables and accrued expenses	6,778	13,232
Accounts payable and accrued expenses	$ 56,045	$ 44,181