ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Details) - USD ($) $ in Thousands		Sep. 30, 2018	Dec. 31, 2017
Accounts Payable and Accrued Liabilities [Abstract]
Property taxes payable		$ 34,557	$ 12,081
Development costs payable		11,595	9,699
Real estate improvements and capitalized leasing costs payable		5,847	3,957
Interest payable		5,901	3,744
Dividends payable		27,244	1,365
Book Overdraft	[1]	14,206	20,902
Other payables and accrued expenses		6,519	13,219
Accounts payable and accrued expenses		$ 105,869	$ 64,967

[1] Represents checks written before the end of the period which have not cleared the bank; therefore, the bank has not yet advanced cash to the Company. When the checks clear the bank, they will be funded through the Company's working cash line of credit.