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SEGMENT REPORTING (Details) (USD $) In Thousands, unless otherwise specified | 3 Months Ended | 9 Months Ended |
--- | --- | --- | ---
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012
Segment Reporting Information [Line Items] |  |  |  |  |
Number of Reportable Segments |  |  | 3 |  |
Revenues | $ 40,318 | $ 28,831 | $ 121,891 | $ 81,033 |
Property operating expenses, other operating and real estate taxes | 11,732 | 8,840 | 31,869 | 25,014 |
General and administrative | 5,335 | 5,517 | 17,261 | 16,636 |
Income before depreciation and amortization and interest and other finance expense | 23,251 | 14,474 | 72,761 | 39,383 |
Depreciation and amortization | 10,450 | 7,376 | 29,278 | 20,671 |
Interest and other finance expense | 10,517 | 6,085 | 29,562 | 16,547 |
Real estate at cost | 1,683,424 | 1,163,523 | 1,683,424 | 1,163,523 |
Total assets | 2,349,368 | 1,869,890 | 2,349,368 | 1,869,890 | 1,908,440
Expenditures for redevelopment and improvements | 35,982 | 14,109 | 79,549 | 55,817 |
Expenditures for redevelopment and improvements |  |  |  | 55,817 |
Acquisition of real estate | 30,975 | 26,093 | 140,075 | 137,208 |
Income (Loss) from Equity Method Investments | 4,209 | (2,538) | 7,274 | 1,997 |
Income tax provision | (186) | 104 | (53) | (1,125) |
Impairment of asset | 0 | 0 | (1,500) | 0 |
Operating income from discontinued operations | 2,835 | 2,159 | 6,100 | 9,030 |
Gain on sale of properties | 0 | 5,917 | 4,191 | 8,585 |
Net income | 9,142 | 6,655 | 29,933 | 20,652 |
Net income attributable to noncontrolling interests | 343 | 926 | (2,068) | (2,223) |
Net income attributable to Common Shareholders | 9,485 | 7,581 | 27,865 | 18,429 |
Core Portfolio |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 28,115 | 17,794 | 82,252 | 50,166 |
Property operating expenses, other operating and real estate taxes | 7,723 | 5,687 | 21,098 | 14,960 |
General and administrative | 4,954 | 4,948 | 16,042 | 15,200 |
Income before depreciation and amortization and interest and other finance expense | 15,438 | 7,159 | 45,112 | 20,006 |
Depreciation and amortization | 7,890 | 4,379 | 21,187 | 12,016 |
Interest and other finance expense | 6,683 | 4,184 | 19,169 | 11,352 |
Real estate at cost | 998,711 | 608,971 | 998,711 | 608,971 |
Total assets | 993,472 | 605,694 | 993,472 | 605,694 |
Expenditures for redevelopment and improvements | 5,246 | (915) | 8,957 | 13,333 |
Acquisition of real estate | 11,800 | 11,492 | 120,900 | 78,370 |
Opportunity Funds |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 9,234 | 9,116 | 30,374 | 24,740 |
Property operating expenses, other operating and real estate taxes | 4,009 | 3,153 | 10,771 | 10,054 |
General and administrative | 381 | 569 | 1,219 | 1,436 |
Income before depreciation and amortization and interest and other finance expense | 4,844 | 5,394 | 18,384 | 13,250 |
Depreciation and amortization | 2,560 | 2,997 | 8,091 | 8,655 |
Interest and other finance expense | 3,834 | 1,901 | 10,393 | 5,195 |
Real estate at cost | 684,713 | 554,552 | 684,713 | 554,552 |
Total assets | 1,260,544 | 1,183,430 | 1,260,544 | 1,183,430 |
Expenditures for redevelopment and improvements | 30,736 | 15,024 | 70,592 | 42,484 |
Acquisition of real estate | 19,175 | 14,601 | 19,175 | 58,838 |
Notes Receivable |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Revenues | 2,969 | 1,921 | 9,265 | 6,127 |
Property operating expenses, other operating and real estate taxes | 0 | 0 | 0 | 0 |
General and administrative | 0 | 0 | 0 | 0 |
Income before depreciation and amortization and interest and other finance expense | 2,969 | 1,921 | 9,265 | 6,127 |
Depreciation and amortization | 0 | 0 | 0 | 0 |
Interest and other finance expense | 0 | 0 | 0 | 0 |
Real estate at cost | 0 | 0 | 0 | 0 |
Total assets | 95,352 | 80,766 | 95,352 | 80,766 |
Expenditures for redevelopment and improvements | 0 | 0 | 0 | 0 |
Acquisition of real estate | $ 0 | $ 0 | $ 0 | $ 0 |

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