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MORTGAGES AND OTHER NOTES PAYABLE Summary Mortgage Notes Payable (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2013
properties
Dec. 31, 2012
Dec. 31, 2013
Variable Interest Rate [Member]
Dec. 31, 2012
Variable Interest Rate [Member]
Dec. 31, 2013
Mortgages [Member]
Dec. 31, 2013
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2012
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2013
Secured Credit Facilities - Variable-Rate [Member]
Variable Interest Rate [Member]
Fund IV [Member]
Dec. 31, 2012
Secured Credit Facilities - Variable-Rate [Member]
Variable Interest Rate [Member]
Fund IV [Member]
Dec. 31, 2013
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2012
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2013
Interest Rate Swap [Member]
Variable Interest Rate [Member]
Dec. 31, 2012
Interest Rate Swap [Member]
Variable Interest Rate [Member]
Dec. 31, 2013
Interest Rate Swap [Member]
Fixed Interest Rate [Member]
Dec. 31, 2012
Interest Rate Swap [Member]
Fixed Interest Rate [Member]
Dec. 31, 2013
28 Jericho Turnpike [Member]
Mortgages [Member]
Dec. 31, 2013
28 Jericho Turnpike [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2012
28 Jericho Turnpike [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2013
Norstrand Avenue [Member]
Mortgages [Member]
Dec. 31, 2013
Norstrand Avenue [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2012
Norstrand Avenue [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2013
161st St. [Member]
Mortgages [Member]
Dec. 31, 2013
City Point Refinance, LIBOR Plus 5% [Member]
Mortgages [Member]
Apr. 30, 2013
City Point Refinance, LIBOR Plus 5% [Member]
Mortgages [Member]
Mar. 31, 2013
City Point Refinance, LIBOR Plus 5% [Member]
Mortgages [Member]
Dec. 31, 2013
60 Orange Street [Member]
Mortgages [Member]
Dec. 31, 2013
60 Orange Street [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2012
60 Orange Street [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2013
210 Bowery LLC [Member]
Mortgages [Member]
Dec. 31, 2013
210 Bowery LLC [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2012
210 Bowery LLC [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2013
Cortlandt Towne Center [Member]
Mortgages [Member]
Aug. 31, 2013
Cortlandt Towne Center [Member]
Mortgages [Member]
Jul. 31, 2013
Cortlandt Towne Center [Member]
Mortgages [Member]
Dec. 31, 2013
Cortlandt Towne Center [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2012
Cortlandt Towne Center [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2013
Village Commons Shopping Center [Member]
Mortgages [Member]
Dec. 31, 2013
Village Commons Shopping Center [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2012
Village Commons Shopping Center [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2013
Branch Plaza [Member]
Mortgages [Member]
Dec. 31, 2013
West Diversity [Member]
Mortgages [Member]
Dec. 31, 2013
West Diversity [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2012
West Diversity [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2013
Fordham Place [Member]
Mortgages [Member]
Dec. 31, 2013
Pelham Manor [Member]
Mortgages [Member]
Dec. 31, 2013
Lincoln Park Centre LLC [Member]
Mortgages [Member]
Dec. 31, 2013
Lincoln Park Centre LLC [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2012
Lincoln Park Centre LLC [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2013
Lincoln Park Centre LLC [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2012
Lincoln Park Centre LLC [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2013
A and P Shopping Center [Member]
Mortgages [Member]
Dec. 31, 2013
City Point, 4.75% [Member]
Mortgages [Member]
Dec. 31, 2013
City Point, 4.75% [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2012
City Point, 4.75% [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2013
161st St., LIBOR Plus 5.67% [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2012
161st St., LIBOR Plus 5.67% [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2013
Liberty Avenue [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2012
Liberty Avenue [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2013
Branch Shopping Plaza [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2012
Branch Shopping Plaza [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2013
640 Broadway [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2012
640 Broadway [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2013
Heritage Shops [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2012
Heritage Shops [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2013
City Point, LIBOR Plus 3.67% [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2012
City Point, LIBOR Plus 3.67% [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2013
City Point, LIBOR Plus 5.17% [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2012
City Point, LIBOR Plus 5.17% [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2013
New Hyde Park Shopping Center [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2012
New Hyde Park Shopping Center [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2013
Term Loan [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2012
Term Loan [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2013
161st St., LIBOR Plus 2.67% [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2012
161st St., LIBOR Plus 2.67% [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2013
4401 White Plains [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2012
4401 White Plains [Member]
Mortgage Notes Payable - Variable-Rate [Member]
Variable Interest Rate [Member]
Dec. 31, 2013
Clark Diversey [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2012
Clark Diversey [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2013
New Louden Center [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2012
New Louden Center [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2013
City Point [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2012
City Point [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2013
Crescent Plaza [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2012
Crescent Plaza [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2013
Pacesetter Park Shopping Center [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2012
Pacesetter Park Shopping Center [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2013
Elmwood Park Shopping Center [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2012
Elmwood Park Shopping Center [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2013
Chicago Street Retail Portfolio [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2012
Chicago Street Retail Portfolio [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2013
The Gateway Shopping Center [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2012
The Gateway Shopping Center [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2013
River Street [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2012
River Street [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2013
Brandywine Town Center [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2012
Brandywine Town Center [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2013
Walnut Hill Plaza [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2012
Walnut Hill Plaza [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2013
Rhode Island Place Shopping Center [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2012
Rhode Island Place Shopping Center [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2013
239 Greenwich Avenue [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2012
239 Greenwich Avenue [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2013
639 West Diversey [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2012
639 West Diversey [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2013
Merrillville Plaza [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2012
Merrillville Plaza [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2013
216th Street [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2012
216th Street [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2013
City Point, 1% [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Dec. 31, 2012
City Point, 1% [Member]
Mortgage Notes Payable - Fixed Rate [Member]
Fixed Interest Rate [Member]
Debt Instrument [Line Items]                                                                                                                                                                                                                            
Mortgages Payable $ 1,037,700 $ 612,400                                                                                                                                                                                                                        
Number of Properties Collateralized 32                                                                                                                                                                                                                          
Interest rate, minimum 1.00%                                                                                                                                                                                                                          
Interest rate, maximum 7.25%                                                                                                                                                                                                                          
Proceeds from Issuance of Long-term Debt         324,233                     16,500     13,000     29,500 20,000 [1]     8,600     4,600     12,033 [2]         0     0 0        [3] 0 [3] 23,000         0 [3] 197,000                                                                                                                    
Repayments of debt         207,203                     0     0     28,900 0 [1]     0     0     0 [2]         9,084     12,311 14,905     81,422 [3] 33,555 [3] 19,026         8,000 [3] 0                                                                                                                    
Mortgages payable (1,039,617) (612,251) (224,041) (186,056)   (334,951) (225,863) (68,750) [4] (93,050) [4] (813,708) (426,302) (179,660) [5] (132,857) [5] (179,660) [5] (132,857) [5]   (16,164) 0   (12,567) 0     (20,000) (50,000)   (8,457) 0   (4,600) 0   (85,000) (73,000) (84,745) (73,499)   0 (9,192)     0 (15,273)       (23,000) 0 0 (19,478)     (197,000) 0 0 (28,900) (9,090) (9,208) 0 (12,526) (22,750) (22,750) (20,871) (21,000) (20,650) (20,650) (20,000) 0 (6,294) (6,484) (50,000) 0 (29,500) 0 (6,263) (6,381) (4,192) (4,345) (13,369) (13,634) (20,000) (20,000) (16,747) (17,025) (11,530) (11,742) (32,744) (33,258) (15,558) (15,835) (19,746) (20,036) (10,904) (11,128) (166,200) 0 (22,910) (23,194) (16,208) (16,426) (26,000) (26,000) (4,341) (4,431) (25,837) (26,151) (25,500) (25,500) (5,262) (5,262)
Debt Instrument, Interest Rate, Stated Percentage                                                                                                       4.75%                                                                                                                    
Debt Instrument, Description of Variable Rate Basis               LIBOR               LIBOR LIBOR   LIBOR LIBOR   LIBOR LIBOR     LIBOR LIBOR   LIBOR LIBOR   LIBOR     LIBOR     LIBOR       LIBOR       LIBOR LIBOR               LIBOR   LIBOR   LIBOR   LIBOR   LIBOR   LIBOR   LIBOR   LIBOR   LIBOR   LIBOR   LIBOR                                                                      
Debt Instrument, Basis Spread on Variable Rate               1.65%               1.90% 1.90%   2.65% 2.65%   2.50% 5.00%     1.90% 1.75%   1.90% 1.95%   2.25%     1.65%     1.40%       1.90%       1.45% 1.45%               5.50%   3.25%   2.25%   2.95%   2.25%   3.50%   5.00%   2.25%   1.40%   2.50%   1.90%                                                                      
Interest rate at December 31, 2011               1.82%           2.15% [5]     2.07%     2.82%             1.92%     2.12%         1.82%     1.57%       2.07%         1.62%   5.85%       4.75%   5.67%   3.42%   2.42%   3.12%   2.42%   3.67%   5.17%   2.42%   1.57%   2.67%   2.07%   6.35%   5.64%   7.25%   4.98%   5.12%   5.53%   5.61%   5.44%   5.29%   5.99%   6.06%   6.35%   5.42%   6.65%   5.88%   5.80%   1.00%  
Unamortized premium $ 1,868 $ (107)                                                                                                                                                                                                                        
[1] Loan was amended from $50.0 million to $20.0 million.
[2] Loan was amended from $73.0 million to $85.0 million.
[3] Loan was paid off in connection with the sale of the property.
[4] The Fund IV revolving subscription line of credit is secured by unfunded investor capital commitments.
[5] Represents the amount of the Company’s variable-rate debt that has been fixed through certain cash flow hedge transactions (Note 10).