|
FAIR VALUES OF FINANCIAL INSTRUMENTS (Details) (USD $)
In Thousands, unless otherwise specified |
Mar. 31, 2014
|
Dec. 31, 2013
|
|---|---|---|
| Assets: | ||
| Unsecured loans receivable, net | $ 66,003 | $ 38,512 |
| Liabilities: | ||
| Redeemable OP unitholder interests | 117,300 | 111,600 |
|
Carrying Amount
|
||
| Assets: | ||
| Cash and cash equivalents | 59,791 | 94,816 |
| Secured loans receivable, net | 354,219 | 354,775 |
| Unsecured loans receivable, net | 39,805 | 38,512 |
| Marketable Securities | 48,053 | 21,454 |
| Liabilities: | ||
| Senior notes payable and other debt, gross | 9,442,636 | 9,320,477 |
| Derivative instruments and other liabilities | 10,744 | 11,105 |
| Redeemable OP unitholder interests | 117,261 | 111,607 |
|
Fair Value
|
||
| Assets: | ||
| Cash and cash equivalents | 59,791 | 94,816 |
| Secured loans receivable, net | 353,117 | 355,223 |
| Unsecured loans receivable, net | 41,939 | 40,473 |
| Marketable Securities | 48,053 | 21,454 |
| Liabilities: | ||
| Senior notes payable and other debt, gross | 9,655,319 | 9,405,259 |
| Derivative instruments and other liabilities | 10,744 | 11,105 |
| Redeemable OP unitholder interests | $ 117,261 | $ 111,607 |