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STOCK BASED COMPENSATION PLANS (Details) (USD $)
0 Months Ended 1 Months Ended 3 Months Ended 3 Months Ended 0 Months Ended 3 Months Ended 0 Months Ended 3 Months Ended 0 Months Ended 3 Months Ended 0 Months Ended 3 Months Ended 0 Months Ended
Feb. 12, 2014
Feb. 28, 2014
Mar. 31, 2014
Mar. 31, 2013
Feb. 18, 2014
Feb. 10, 2014
Mar. 31, 2014
PREDECESSOR
Mar. 31, 2013
PREDECESSOR
Feb. 12, 2014
Director
Feb. 12, 2014
Restricted stock awards
Grantees
Time-based vesting
Feb. 12, 2014
Restricted stock awards
Grantees
Eighteen month anniversary
Feb. 12, 2014
Restricted stock awards
Grantees
Three year anniversary
Feb. 12, 2014
Restricted stock awards
Grantees
Performance-based vesting
item
Feb. 12, 2014
Restricted stock awards
Harris
Time-based vesting
item
Mar. 31, 2014
Restricted stock awards
Harris
Time-based vesting
Feb. 12, 2014
Restricted stock awards
Mr. Fishman
item
Feb. 12, 2014
Restricted stock awards
Joel C. Peterson
item
Feb. 12, 2014
Restricted stock awards
Douglas Durst
item
Mar. 31, 2014
Restricted stock awards
Director
Time-based vesting
Mar. 31, 2014
Restricted stock awards
Officers other than Mr. Harris, and certain employees
Time-based vesting
Mar. 31, 2014
Class A-2 Common Units
Apr. 20, 2010
Class A-2 Common Units
Certain executives
Jun. 04, 2012
Class A-2 Common Units
New member of the management team
Jan. 02, 2012
Class A-2 Common Units
New member of the management team
Mar. 31, 2014
Series B Participating Preferred Units
May 29, 2013
Series B Participating Preferred Units
New member of the management team
Jun. 04, 2012
Series B Participating Preferred Units
New member of the management team
Jan. 02, 2012
Series B Participating Preferred Units
New member of the management team
Jun. 03, 2013
Series B Participating Preferred Units
New employee
May 20, 2013
Series B Participating Preferred Units
New employee
Feb. 01, 2013
Series B Participating Preferred Units
New employee
Mar. 31, 2014
LP Units
Mar. 31, 2014
Class A Common Stock (restricted)
Feb. 12, 2014
Class A Common Stock (restricted)
Grantees
Feb. 12, 2014
Class A Common Stock (restricted)
Mr. Fishman/Mr. Peterson/Mr. Durst
Feb. 12, 2014
Class A Common Stock
STOCK BASED COMPENSATION PLANS                                                                        
Vesting period                     18 months 3 years   3 years   3 years 3 years 3 years       42 months   36 years       36 months     36 months          
Aggregate value of awards granted                                                                   $ 27,489,109    
Exercised (in shares/units)                                                   14,516.13 24,193.55                  
Vesting percentage                   50.00%     50.00%                                              
Number of installments in which awards are vested                         3 3   3 3 3                                    
Percentage of awards vested                     25.00% 75.00%                                                
Minimum performance target percentage                         8.00%                                              
Performance period                         3 years                                              
Option to purchase additional units                                                     24,193.55                  
Grant date fair value of awards granted                               1,000,000 75,000 75,000                                    
Grant date fair value of awards to be granted                               50,000 50,000 50,000                                    
Annual cash payment for service on our board of directors                                 75,000 75,000                                    
Amount may be paid for service as a chairperson of the audit committee or compensation committee                 15,000                                                      
Amount may be paid for service as a chairperson of the nominating and corporate governance committee                 10,000                                                      
Period within which additional units can be purchased                                                     1 year                  
Purchase price of additional units (in dollars per unit)                                                     $ 124                  
Grant date fair value (in dollars per unit)                                                     $ 130.0                  
Exercised price (in dollars per unit)                                                   $ 124.0                    
Weighted Average Fair Value (in dollars)                                                                 28,637,096      
Amortization to compensation expense     (2,324,980) (474,501)     (290,171) (474,501)                         (641,430)       (290,171)             (351,259) (1,683,550)      
Status of units granted under the Plan and changes                                                                        
Outstanding at the beginning of the period (in shares/units)                                         365,407       14,276                      
Granted (in shares/units)                                           910,491 1,127,543       31,451.61   2,531 6,570     1,687,513 1,619,865 67,648  
Returned (in shares/units)                                                 (165)             (985)        
Vested                                         (32,365)       (993)             (575,388)        
Converted (in shares/units)                                         (333,042)       (13,118)             3,186,066        
Outstanding at the end of the period (in shares/units)                                                               2,609,693 1,687,513      
Unrecognized compensation cost     28,917,407                                                                  
Period over which unrecognized compensation cost is expected to be recognized     36 months                                                                  
Portion of compensation expense to be recognized annually (as a percent)                             33.00%       33.00% 33.00%                                
Weighted-average period over which unrecognized compensation cost is expected to be recognized     32 months 27 days                       3 years       3 years 3 years                                
Share price (in dollars per share)           $ 17.00                                                           $ 17.00
Deferred Compensation Plan                                                                        
Employee's contribution   6,427,127                                                                    
Percentage of compensation expensed upon contribution 100.00%                                                                      
Total employee's contribution     11,851,733                                                                  
Units outstanding     82,026.58                                                                  
Units unvested     37,250.66                                                                  
Bonus payment to employees         43,719,000                                                              
Bonus accrual     $ 12,664,286