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FAIR VALUE MEASUREMENTS Fair Value by Balance Sheet Grouping (Details) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Carrying Amount    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Notes receivable and preferred equity investments, net $ 153,351 $ 102,286
Mortgage and other notes payable 1,317,253 1,130,481
Estimated Fair Value    
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]    
Notes receivable and preferred equity investments, net 153,351 102,286
Mortgage and other notes payable $ 1,337,999 $ 1,141,371