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ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Details) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Accounts Payable and Accrued Expenses [Abstract]    
Property taxes payable $ 46,949 $ 3,524
Development costs payable 28,557 6,427
Real estate improvements and capitalized leasing costs payable 7,018 5,692
Interest payable 8,863 6,537
Dividends payable 37,816 32,677
Book Overdraft [1] 13,230 5,176
Other payables and accrued expenses 7,546 9,540
Accounts payable and accrued expenses $ 149,979 $ 69,573
[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, which is included in the Company’s Unsecured bank credit facilities.