ORGANIZATION AND BASIS OF PRESENTATION (Details) (USD $) In Millions, unless otherwise specified		6 Months Ended				12 Months Ended	6 Months Ended
	Jun. 30, 2014 property opportunity_fund	Jun. 30, 2014 Fund I and Mervyns I		Jun. 30, 2014 Core Portfolio property	Jun. 30, 2014 Opportunity Funds property	Dec. 31, 2013 Fund II	Jun. 30, 2014 Operating Partnership, as General Partner or Managing Member	Jun. 30, 2014 Institutional Investors [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Ownership interest by general partner or managing partner		37.78%	[1]				96.00%
Number of retail properties (in properties)	135			82	53
Number of opportunity funds	4
Remaining funds rate of distribution to partnership							20.00%
Remaining funds rate of distribution to all partners								80.00%
Payments of dividends						$ 47.1

[1] Fund I and Mervyns I have returned all capital and preferred return. The Operating Partnership is now entitled to a Promote on all future cash distributions.