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ORGANIZATION (Details)
$ in Thousands, ft² in Millions
3 Months Ended
Jan. 15, 2015
USD ($)
Mar. 31, 2016
USD ($)
ft²
property
Mar. 31, 2015
USD ($)
Real Estate Properties [Line Items]      
Area of real estate property (in sq ft) | ft²   14.9  
Noncontrolling interest percentage   5.80%  
Capital investment, in cash $ 225,000    
Transaction costs 21,900 $ 50 $ 21,859
Costs contingent upon completion of separation 17,400 $ 0 $ 17,403
Transaction costs contingent upon completion of the separation $ 4,500    
Vornado      
Real Estate Properties [Line Items]      
Noncontrolling interest percentage 5.40%    
Affiliated entity | Vornado      
Real Estate Properties [Line Items]      
Spinoff ratio 0.50    
Affiliated entity | VRLP      
Real Estate Properties [Line Items]      
Percentage of common shares distributed 100.00%    
Spinoff ratio 0.5    
Warehouses      
Real Estate Properties [Line Items]      
Number of real estate properties | property   1  
Wholly owned properties | Shopping Center      
Real Estate Properties [Line Items]      
Number of real estate properties | property   80  
Wholly owned properties | Mall      
Real Estate Properties [Line Items]      
Number of real estate properties | property   3