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INVESTMENTS IN AND ADVANCES TO UNCONSOLIDATED AFFILIATES (Details)
ft² in Thousands, $ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2015
USD ($)
ft²
Sep. 30, 2015
USD ($)
Jun. 30, 2015
USD ($)
Mar. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Sep. 30, 2014
USD ($)
Jun. 30, 2014
USD ($)
Mar. 31, 2014
USD ($)
Dec. 31, 2015
USD ($)
ft²
partner
Dec. 31, 2014
USD ($)
Dec. 31, 2013
USD ($)
Apr. 30, 2015
Schedule of Equity Method Investments [Line Items]                        
Gain on disposition of properties of unconsolidated affiliates                 $ 24,043 $ 102,855 $ 0  
Combined and Condensed Balance Sheets                        
Real estate under development $ 609,574       $ 447,390       609,574 447,390    
Investments in and advances to unconsolidated affiliates 173,277       184,352       173,277 184,352    
Total assets 3,032,319       2,720,721       3,032,319 2,720,721    
Other liabilities 31,000       25,148       31,000 25,148    
Total liabilities and equity 3,032,319       2,720,721       3,032,319 2,720,721    
Company's share of distributions in excess of income and investments in unconsolidated affiliates (13,244)       (12,564)       (13,244) (12,564)    
Combined and Condensed Statements of Operations [Abstract]                        
Total revenues 54,768 $ 56,852 $ 53,161 $ 52,481 51,156 $ 47,660 $ 49,511 $ 46,685 217,262 195,012 168,286  
Operating and other expenses                 (154,601) (128,749) (113,907)  
Equity in earnings (losses) of unconsolidated affiliates                 13,287 8,723 12,382  
Depreciation and amortization                 (60,751) (49,645) (40,299)  
Loss on debt extinguishment                 (135) (335) (765)  
Income from continuing operations                 149,970 150,924 26,503  
Unconsolidated Affiliates [Member]                        
Combined and Condensed Balance Sheets                        
Rental property, net 302,976       387,739       302,976 387,739    
Real estate under development 35,743       60,476       35,743 60,476    
Investments in and advances to unconsolidated affiliates 6,853       11,154       6,853 11,154    
Other assets 47,083       62,862       47,083 62,862    
Total assets 392,655       522,231       392,655 522,231    
Mortgage notes payable 192,684       315,897       192,684 315,897    
Other liabilities 21,945       66,116       21,945 66,116    
Partners’ equity 178,026       140,218       178,026 140,218    
Total liabilities and equity $ 392,655       $ 522,231       392,655 522,231    
Combined and Condensed Statements of Operations [Abstract]                        
Total revenues                 43,990 44,422 51,638  
Operating and other expenses                 (13,721) (17,069) (18,700)  
Interest expense                 (9,178) (9,363) (8,943)  
Equity in earnings (losses) of unconsolidated affiliates                 66,655 (328) 13,651  
Depreciation and amortization                 (12,154) (10,967) (10,599)  
Loss on debt extinguishment                 0 (187) 0  
Gain on disposition of properties                 32,623 142,615 0  
Income from continuing operations                 108,215 149,123 27,047  
Operating Partnership, as General Partner or Managing Member [Member]                        
Combined and Condensed Statements of Operations [Abstract]                        
Equity in earnings (losses) of unconsolidated affiliates                 37,330 111,578 12,382  
Company’s share of net income                 37,722 111,970 12,774  
Amortization of excess investment                 $ (392) (392) (392)  
KLA/Mervyns LLC Add-On Investments [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Acadia Investors Ownership Percentage 10.50%               10.50%      
KLA A Markets LLC Add-On Investments [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Acadia Investors Ownership Percentage 20.00%               20.00%      
KA-Shopko LLC [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Acadia Investors Ownership Percentage 20.00%               20.00%      
Marsh and Add-On Investments [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Acadia Investors Ownership Percentage 20.00%               20.00%      
KLAC Rex Venture LLC [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Acadia Investors Ownership Percentage 13.30%               13.30%      
Mervyns I and Mervyns II [Member] | KLA/Mervyns LLC Add-On Investments [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Acadia Investors Ownership Percentage 5.80%               5.80%      
Mervyns II [Member] | KLA A Markets LLC Add-On Investments [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Acadia Investors Ownership Percentage 6.00%               6.00%      
Mervyns II [Member] | KLAC Rex Venture LLC [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Acadia Investors Ownership Percentage 13.30%               13.30%      
Fund II [Member] | KA-Shopko LLC [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Acadia Investors Ownership Percentage 2.00%               2.00%      
Fund II [Member] | Marsh and Add-On Investments [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Acadia Investors Ownership Percentage 3.30%               3.30%      
KLA/Mervyns LLC [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Acadia Investors Ownership Percentage 10.50%               10.50%      
KLA/Mervyns LLC [Member] | Mervyns I and Mervyns II [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Acadia Investors Ownership Percentage 5.80%               5.80%      
KLA A Markets LLC [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Acadia Investors Ownership Percentage 18.90%               18.90%      
KLA A Markets LLC [Member] | Mervyns II [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Acadia Investors Ownership Percentage 5.70%               5.70%      
Parkway Crossing [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Net sales proceeds                 $ 27,300      
Core Portfolio [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Gain on disposition of properties of unconsolidated affiliates                 0 0    
Combined and Condensed Statements of Operations [Abstract]                        
Total revenues                 150,015 125,022 110,355  
Equity in earnings (losses) of unconsolidated affiliates                 1,169 (77) (99)  
Depreciation and amortization                 (46,223) (35,875) (28,989)  
Loss on debt extinguishment                 $ 0 (3) (309)  
Income from continuing operations                   16,497 4  
Core Portfolio [Member] | Chicago, Illinois [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Equity method investment, ownership percentage 88.43%               88.43%      
Square footage of real estate property (in square feet) | ft² 87               87      
Core Portfolio [Member] | White Plains, New York [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Equity method investment, ownership percentage 49.00%               49.00%      
Square footage of real estate property (in square feet) | ft² 311               311      
Core Portfolio [Member] | Georgetown Portfolio [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Equity method investment, ownership percentage 50.00%               50.00%      
Square footage of real estate property (in square feet) | ft² 28               28      
Core Portfolio [Member] | Route 202 Shopping Center [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Square footage of real estate property (in square feet) | ft² 20               20      
Percentage of voting interests acquired 77.78%               77.78%     77.78%
Fund II [Member] | City Point Tower I [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Percentage of voting interests acquired 43.00%               43.00%      
Opportunity Funds [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Gain on disposition of properties of unconsolidated affiliates                 $ 24,043 102,855    
Number of unaffiliated partners | partner                 2      
Combined and Condensed Statements of Operations [Abstract]                        
Total revenues                 $ 49,048 54,659 46,131  
Equity in earnings (losses) of unconsolidated affiliates                 12,118 8,800 12,481  
Depreciation and amortization                 (14,528) (13,770) (11,310)  
Loss on debt extinguishment                 (135) (332) (456)  
Income from continuing operations                   $ 120,011 $ 14,699  
Opportunity Funds [Member] | KLAC Rex Venture LLC [Member] | Operating Partnership, as General Partner or Managing Member [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Distributions, equity method investments                 1,200      
Opportunity Funds [Member] | RCP Venture [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Distributions, cost method investments                 155,503      
Combined and Condensed Balance Sheets                        
Investments in and advances to unconsolidated affiliates $ 63,216               63,216      
Opportunity Funds [Member] | RCP Venture [Member] | Operating Partnership, as General Partner or Managing Member [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Distributions, cost method investments                 33,354      
Combined and Condensed Balance Sheets                        
Investments in and advances to unconsolidated affiliates 12,070               12,070      
Opportunity Funds [Member] | Mervyns I and Mervyns II [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Distributions, equity method investments                 5,900      
Opportunity Funds [Member] | Mervyns I and Mervyns II [Member] | KLA/Mervyns LLC Add-On Investments [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Invested Capital and Advances, cost method investments 7,547               7,547      
Distributions, cost method investments                 9,272      
Opportunity Funds [Member] | Mervyns I and Mervyns II [Member] | KLA/Mervyns LLC Add-On Investments [Member] | Operating Partnership, as General Partner or Managing Member [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Invested Capital and Advances, cost method investments 1,252               1,252      
Distributions, cost method investments                 2,017      
Opportunity Funds [Member] | Mervyns II [Member] | KLA A Markets LLC Add-On Investments [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Invested Capital and Advances, cost method investments 2,416               2,416      
Distributions, cost method investments                 4,864      
Opportunity Funds [Member] | Mervyns II [Member] | KLA A Markets LLC Add-On Investments [Member] | Operating Partnership, as General Partner or Managing Member [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Invested Capital and Advances, cost method investments 388               388      
Distributions, cost method investments                 972      
Opportunity Funds [Member] | Mervyns II [Member] | KLAC Rex Venture LLC [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Invested Capital and Advances, cost method investments 2,701               2,701      
Distributions, cost method investments                 4,927      
Opportunity Funds [Member] | Mervyns II [Member] | KLAC Rex Venture LLC [Member] | Operating Partnership, as General Partner or Managing Member [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Invested Capital and Advances, cost method investments 535               535      
Distributions, cost method investments                 986      
Opportunity Funds [Member] | Fund II [Member] | KA-Shopko LLC [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Invested Capital and Advances, cost method investments 1,110               1,110      
Distributions, cost method investments                 3,358      
Opportunity Funds [Member] | Fund II [Member] | KA-Shopko LLC [Member] | Operating Partnership, as General Partner or Managing Member [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Invested Capital and Advances, cost method investments 222               222      
Distributions, cost method investments                 672      
Opportunity Funds [Member] | Fund II [Member] | Marsh and Add-On Investments [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Invested Capital and Advances, cost method investments 2,667               2,667      
Distributions, cost method investments                 2,941      
Opportunity Funds [Member] | Fund II [Member] | Marsh and Add-On Investments [Member] | Operating Partnership, as General Partner or Managing Member [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Invested Capital and Advances, cost method investments 533               533      
Distributions, cost method investments                 588      
Opportunity Funds [Member] | KLA/Mervyns LLC [Member] | Mervyns I and Mervyns II [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Distributions, equity method investments                 48,547      
Invested Capital and Advances, equity method investment 26,058               26,058      
Opportunity Funds [Member] | KLA/Mervyns LLC [Member] | Mervyns I and Mervyns II [Member] | Operating Partnership, as General Partner or Managing Member [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Distributions, equity method investments                 11,801      
Invested Capital and Advances, equity method investment 4,901               4,901      
Opportunity Funds [Member] | KLA A Markets LLC [Member] | Mervyns II [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Distributions, equity method investments                 81,594      
Invested Capital and Advances, equity method investment 20,717               20,717      
Opportunity Funds [Member] | KLA A Markets LLC [Member] | Mervyns II [Member] | Operating Partnership, as General Partner or Managing Member [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Distributions, equity method investments                 16,318      
Invested Capital and Advances, equity method investment 4,239               4,239      
Fund IV [Member] | Warwick, Rhode Island [Member]                        
Combined and Condensed Balance Sheets                        
Investments in and advances to unconsolidated affiliates $ 8,300               8,300      
Fund III [Member] | Parkway Crossing [Member]                        
Schedule of Equity Method Investments [Line Items]                        
Gain on disposition of properties of unconsolidated affiliates                 $ 6,900