ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Details) - USD ($) $ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Accounts Payable and Accrued Liabilities [Abstract]
Property taxes payable		$ 10,718	$ 12,081
Development costs payable		15,410	9,699
Real estate improvements and capitalized leasing costs payable		3,911	3,957
Interest payable		4,067	3,744
Dividends payable		27,738	1,365
Book overdraft	[1]	15,048	20,902
Other payables and accrued expenses		9,671	13,219
Accounts payable and accrued expenses		$ 86,563	$ 64,967

[1] (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. See Note 1(p).