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QUARTERLY INFORMATION (UNAUDITED) (Details) - USD ($)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Dec. 31, 2016
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Real Estate Properties [Line Items]                        
Total revenues   $ 258,493 $ 251,721 $ 254,965 $ 263,078 $ 277,630 $ 262,636 $ 253,843 $ 260,909 $ 1,028,257 $ 1,055,018 $ 1,060,739
Income from operations   101,015 36,727 52,056 63,830 8,687 94,007 89,858 85,032 253,628 277,584  
Net income (loss)   79,872 670 73,097 41,892 (26,953) 44,432 48,331 53,205 195,531 119,015  
Net income attributable to the Company   68,830 1,059 62,919 40,074 (22,257) 37,569 41,895 46,164 172,882 103,371  
Net income (loss) attributable to common shareholders   $ 57,607 $ (10,164) $ 51,696 $ 28,851 $ (33,480) $ 26,346 $ 30,672 $ 34,941 $ 127,990 $ 58,479  
Basic per share/unit data attributable to common shareholders/unitholders:                        
Net income (loss) attributable to common shareholders (in usd per share)   $ 0.34 $ (0.06) $ 0.30 $ 0.17 $ (0.20) $ 0.15 $ 0.18 $ 0.21 $ 0.75 $ 0.34  
Diluted per share/unit data attributable to common shareholders/unitholders:                        
Net income (loss) attributable to common shareholders (in usd per share)   $ 0.34 $ (0.06) $ 0.30 $ 0.17 $ (0.20) $ 0.15 $ 0.18 $ 0.20 $ 0.75 $ 0.34  
Loss on impairment of real estate                   $ 116,822 $ 105,945 17,858
Gain on sales of real estate assets           $ 14,065   $ 14,173   29,567 32,232 5,342
Gain on investments                 $ 16,560 $ 7,534 $ 16,560 $ 87,893
2016 Dispositions                        
Diluted per share/unit data attributable to common shareholders/unitholders:                        
Loss on impairment of real estate     $ 53,558 $ 43,493 $ 19,685              
Triangle Town Center                        
Diluted per share/unit data attributable to common shareholders/unitholders:                        
Gain on sales of real estate assets         $ 26,395              
JG Gulf Coast Town Center LLC                        
Diluted per share/unit data attributable to common shareholders/unitholders:                        
Gain on investments       29,267                
Renaissance Center                        
Diluted per share/unit data attributable to common shareholders/unitholders:                        
Gain on sales of real estate assets       $ 29,437                
Chesterfield Mall                        
Diluted per share/unit data attributable to common shareholders/unitholders:                        
Loss on impairment of real estate           $ 102,280            
Triangle Town Member LLC                        
Diluted per share/unit data attributable to common shareholders/unitholders:                        
Gain on sales of real estate assets $ 2,820                      
Parent Company | Triangle Town Member LLC                        
Diluted per share/unit data attributable to common shareholders/unitholders:                        
Gain on sales of real estate assets $ 282                      
Company's ownership interest (as a percent) 10.00% 10.00%     50.00%         10.00%    
Corporate Joint Venture | Triangle Town Member LLC                        
Diluted per share/unit data attributable to common shareholders/unitholders:                        
Gain on sales of real estate assets $ 2,538       $ 80,979              
Company's ownership interest (as a percent) 90.00% 90.00%     50.00%         90.00%