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FAIR VALUES OF FINANCIAL INSTRUMENTS (Details) - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Carrying Amount    
Assets:    
Cash and cash equivalents $ 92,543 $ 81,355
Liabilities:    
Senior notes payable and other debt, gross 11,143,235 11,365,633
Derivative instruments 14,003 5,435
Redeemable OP Unitholder Interests 120,301 146,252
Carrying Amount | Government-Sponsored Pooled Loan Investments    
Assets:    
Derivative instruments 54,881 54,665
Carrying Amount | Derivative Instruments    
Assets:    
Derivative instruments 6,806 7,248
Carrying Amount | Secured Mortgage Loans and Other, net    
Assets:    
Loans receivable 1,157,638 1,291,694
Carrying Amount | Non-Mortgage Loan Receivable    
Assets:    
Loans receivable 56,125 59,857
Fair Value    
Assets:    
Cash and cash equivalents 92,543 81,355
Liabilities:    
Senior notes payable and other debt, fair value 11,676,671 11,600,750
Derivative instruments 14,003 5,435
Redeemable OP Unitholder Interests 120,301 146,252
Fair Value | Government-Sponsored Pooled Loan Investments    
Assets:    
Derivative instruments 54,881 54,665
Fair Value | Derivative Instruments    
Assets:    
Derivative instruments 6,806 7,248
Fair Value | Secured Mortgage Loans and Other, net    
Assets:    
Loans receivable 1,158,987 1,286,322
Fair Value | Non-Mortgage Loan Receivable    
Assets:    
Loans receivable $ 56,464 $ 58,849