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MORTGAGES PAYABLE - Additional Information (Details)
1 Months Ended 3 Months Ended
Jan. 15, 2015
USD ($)
extension_option
Jan. 31, 2015
USD ($)
debt_tranche
Mar. 31, 2016
USD ($)
Mar. 31, 2015
USD ($)
Dec. 31, 2015
USD ($)
Jan. 06, 2015
USD ($)
Debt Instrument [Line Items]            
Net carrying amount of real estate collateralizing indebtedness     $ 860,300,000      
Deferred Finance Costs, Gross     2,700,000   $ 2,800,000  
Mortgages payable, net     1,230,349,000   1,233,983,000  
Amortization of lender fees     659,000 $ 684,000    
Mortgages            
Debt Instrument [Line Items]            
Mortgages payable, net     1,230,349,000   1,233,983,000  
Unamortized debt issuance costs     9,493,000   9,974,000  
Mortgages | First Mortgage | Montehiedra Town Center            
Debt Instrument [Line Items]            
Face amount of debt instrument   $ 120,000,000       $ 120,000,000
Interest rate   6.04%       6.04%
Number of debt tranches | debt_tranche   2        
Lender fees   $ 2,000,000        
Mortgages | Senior Notes [Member] | Montehiedra Town Center            
Debt Instrument [Line Items]            
Unamortized debt issuance costs         $ 1,692,000  
Intercompany Loans | Montehiedra Town Center            
Debt Instrument [Line Items]            
Face amount of debt instrument   $ 20,000,000 20,000,000      
Interest rate   10.00%        
Mortgages payable, net     $ 10,100,000      
Revolving Credit Agreement | Revolving Credit Facility            
Debt Instrument [Line Items]            
Maximum borrowing capacity $ 500,000,000          
Term of debt instrument 4 years          
Number of extension options | extension_option 2          
Term of each extension option 6 months          
Annual facility fee (in percent) 20.00%          
Revolving Credit Agreement | Revolving Credit Facility | Maximum            
Debt Instrument [Line Items]            
Financial covenants, maximum leverage ratio 0.6          
Revolving Credit Agreement | Revolving Credit Facility | Minimum            
Debt Instrument [Line Items]            
Financial covenants, minimum fixed charge coverage ratio 1.5          
Revolving Credit Agreement | Revolving Credit Facility | LIBOR            
Debt Instrument [Line Items]            
Interest rate spread on variable rate 1.15%          
Senior Loan | Mortgages | First Mortgage | Montehiedra Town Center            
Debt Instrument [Line Items]            
Face amount of debt instrument   $ 90,000,000        
Interest rate   5.33% 5.33%      
Junior Loan | Mortgages | First Mortgage | Montehiedra Town Center            
Debt Instrument [Line Items]            
Face amount of debt instrument   $ 30,000,000        
Interest rate   3.00% 3.00%