ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Details) - USD ($) $ in Thousands		Jun. 30, 2017	Dec. 31, 2016
Accounts Payable and Accrued Liabilities [Abstract]
Property taxes payable		$ 20,499	$ 14,186
Development costs payable		12,670	9,844
Property capital expenditures payable		4,086	2,304
Interest payable		3,746	3,822
Dividends payable on unvested restricted stock		1,110	1,530
Book Overdraft	[1]	2,329	14,452
Other payables and accrued expenses		4,460	6,563
Accounts payable and accrued expenses		$ 48,900	$ 52,701

[1] Represents unfunded outstanding checks for which the bank has not advanced cash to the Company.