ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Details) - USD ($) $ in Thousands		Dec. 31, 2017	Dec. 31, 2016
Accounts Payable and Accrued Liabilities [Abstract]
Property taxes payable		$ 12,081	$ 14,186
Development costs payable		9,699	9,844
Real estate improvements and capitalized leasing costs payable		3,957	2,304
Interest payable		3,744	3,822
Dividends payable on unvested restricted stock		1,365	1,530
Book overdraft	[1]	20,902	14,452
Other payables and accrued expenses		13,219	6,563
Accounts payable and accrued expenses		$ 64,967	$ 52,701

[1] (1) Represents unfunded outstanding checks for which the bank has not advanced cash to the Company. See Note 1(p).