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ACQUISITION OF REAL ESTATE AND DISCONTINUED OPERATIONS Acquisitions (Details) (USD $)
Share data in Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Dec. 31, 2013
Business Acquisition [Line Items]    
Gross leasable area (in square feet) 510,219  
Core Portfolio
   
Business Acquisition [Line Items]    
Gross leasable area (in square feet) 161,032  
Purchase Price $ 243,709,000  
Assumption of Debt 29,794,000  
Acquisition costs 3,100,000  
Fund IV
   
Business Acquisition [Line Items]    
Gross leasable area (in square feet) 453,584  
Purchase Price 59,225,000  
Acquisition costs 3,000,000  
11 E. Walton | Chicago, IL | Core Portfolio
   
Business Acquisition [Line Items]    
Gross leasable area (in square feet) 6,738  
Percent Owned 100.00%  
Purchase Price 44,000,000  
Assumption of Debt 0  
61 Main Street | Westport, CT | Core Portfolio
   
Business Acquisition [Line Items]    
Gross leasable area (in square feet) 3,400  
Percent Owned 100.00%  
Purchase Price 7,300,000  
Assumption of Debt 0  
865 W. North Avenue | Chicago, IL | Core Portfolio
   
Business Acquisition [Line Items]    
Gross leasable area (in square feet) 16,000  
Percent Owned 100.00%  
Purchase Price 14,750,000  
Assumption of Debt 0  
252-256 Greenwich Avenue | Greenwich, CT | Core Portfolio
   
Business Acquisition [Line Items]    
Gross leasable area (in square feet) 9,172  
Percent Owned 100.00%  
Purchase Price 24,450,000  
Assumption of Debt 0  
152-154 Spring Street | New York, NY | Core Portfolio
   
Business Acquisition [Line Items]    
Gross leasable area (in square feet) 2,936  
Percent Owned 90.00%  
Purchase Price 38,000,000  
Assumption of Debt 0  
2520 Flatbush Avenue | Brooklyn, NY | Core Portfolio
   
Business Acquisition [Line Items]    
Gross leasable area (in square feet) 29,114  
Percent Owned 100.00%  
Purchase Price 17,100,000  
Assumption of Debt 0  
Bedford Green | Bedford Hills, NY | Core Portfolio
   
Business Acquisition [Line Items]    
Gross leasable area (in square feet) 90,472  
Percent Owned 100.00%  
Purchase Price 46,750,000  
Assumption of Debt 29,794,000  
131-135 Prince Street (1) | New York, NY | Core Portfolio
   
Business Acquisition [Line Items]    
Gross leasable area (in square feet) 3,200  
Percent Owned 100.00%  
Purchase Price 51,359,000  
Assumption of Debt 0  
Broughton Street Portfolio | Savannah, GA | Fund IV
   
Business Acquisition [Line Items]    
Gross leasable area (in square feet) 218,076 [1]  
Percent Owned 50.00% [1]  
Purchase Price 33,856,000 [1]  
Number of properties acquired 24  
Number of properties acquired through asset acquisitions 9  
Eden Square | Bear, DE | Fund IV
   
Business Acquisition [Line Items]    
Gross leasable area (in square feet) 235,508 [2]  
Percent Owned 90.00% [2]  
Purchase Price 25,369,000 [2]  
Acquisitions In 2014
   
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net    
Land 73,459,000  
Buildings and improvements 220,375,000  
Total consideration 293,834,000  
Acquisitions in 2013
   
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net    
Land 66,385,000 52,029,000
Buildings and improvements 144,617,000 173,605,000
Acquisition-related intangible assets (in Acquired lease intangibles, net) 19,574,000 0
Acquisition-related intangible liabilities (in Acquired lease intangibles, net) (4,942,000) 0
Total consideration 225,634,000 225,634,000
Adjustments [Abstract]    
Land 14,356,000  
Buildings and improvements (28,988,000)  
Acquisition-related intangible assets (in Acquired lease intangibles, net) 19,574,000  
Acquisition-related intangible liabilities (in Acquired lease intangibles, net) (4,942,000)  
Total consideration $ 0  
Common OP units
   
Business Acquisition [Line Items]    
Shares issued in connection with the acquisition of a property (in shares) 1.4  
Common OP units | 131-135 Prince Street (1)
   
Business Acquisition [Line Items]    
Shares issued in connection with the acquisition of a property (in shares) 1.4  
[1] The Broughton Street Portfolio consists of 24 properties. As the joint venture partner to these investments maintains operating control over the investments, these are accounted for under the equity method. Of the 24 properties, nine of them are accounted for as asset acquisitions as they were purchased vacant and require future development.
[2] As the joint venture partner to this investment maintains operating control over this investment, it is accounted for under the equity method.