ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Details) - USD ($) $ in Thousands		Sep. 30, 2017	Dec. 31, 2016
Accounts Payable and Accrued Liabilities [Abstract]
Property taxes payable		$ 31,408	$ 14,186
Development costs payable		11,876	9,844
Property capital expenditures payable		3,924	2,304
Interest payable		4,329	3,822
Dividends payable on unvested restricted stock		1,237	1,530
Book Overdraft	[1]	7,565	14,452
Other payables and accrued expenses		6,491	6,563
Accounts payable and accrued expenses		$ 66,830	$ 52,701

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