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ORGANIZATION AND BASIS OF PRESENTATION Summary of General Terms and Operating Partnership's Equity Interests (Details) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Fund I and Mervyns I
 
Organization, Consolidation and Presentation of Financial Statements [Line Items]  
Operating Partnership Share of Capital 22.22% [1]
Committed Capital $ 90.0 [1]
Capital Called as of June 30, 2013 86.6 [1],[2]
Ownership Interest By General Partner or Managing Partner 37.78% [1]
Preferred Return 9.00% [1]
Capital Returned as of June 30, 2013 86.6 [1],[2]
Fund II and Mervyns II
 
Organization, Consolidation and Presentation of Financial Statements [Line Items]  
Operating Partnership Share of Capital 20.00% [3]
Committed Capital 300.0 [3]
Capital Called as of June 30, 2013 300.0 [2],[3]
Ownership Interest By General Partner or Managing Partner 20.00% [3]
Preferred Return 8.00% [3]
Capital Returned as of June 30, 2013 131.6 [2],[3]
Fund III
 
Organization, Consolidation and Presentation of Financial Statements [Line Items]  
Operating Partnership Share of Capital 19.90%
Committed Capital 475.0 [3]
Capital Called as of June 30, 2013 366.6 [2]
Ownership Interest By General Partner or Managing Partner 19.90%
Preferred Return 6.00%
Capital Returned as of June 30, 2013 262.6 [2]
Fund IV
 
Organization, Consolidation and Presentation of Financial Statements [Line Items]  
Operating Partnership Share of Capital 23.12%
Committed Capital 540.6 [3]
Capital Called as of June 30, 2013 121.0 [2]
Ownership Interest By General Partner or Managing Partner 23.12%
Preferred Return 6.00%
Capital Returned as of June 30, 2013 $ 0 [2]
[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.
[2] Represents the total for the Funds, including the Operating Partnership and noncontrolling interests' shares.
[3] During 2013, a distribution of $47.1 million was made to the Fund II investors, including the Operating Partnership. This amount is subject to recontribution to Fund II until December 2016, if needed to fund the on-going development and construction of existing projects.