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NOTES RECEIVABLE, PREFERRED EQUITY, AND OTHER REAL ESTATE RELATED INVESTMENTS Schedule of Notes Receivable and Preferred Equity Investments Reconciliation (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Movement in Mortgage Loans on Real Estate [Roll Forward]      
Beginning Balance $ 129,278 $ 59,989 $ 89,202
New investments 45,000 108,629 34,758
Collections of principal (29,583) (25,388) (56,517)
Conversion to real estate through receipt of deed or through foreclosure (18,500) (14,000) 0
Reclass to investments in unconsolidated affiliates 0 0 (8,000)
Non-cash accretion of notes receivable 461 453 786
Reserves 0 (405) (240)
Ending Balance $ 126,656 $ 129,278 $ 59,989