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FAIR VALUE MEASUREMENTS - Long-Lived Assets Measure at Fair Value (Details)
$ in Thousands
 3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2015
USD ($)
property
Jun. 30, 2015
USD ($)
Dec. 31, 2014
USD ($)
property
Sep. 30, 2014
USD ($)
Jun. 30, 2014
USD ($)
Mar. 31, 2014
USD ($)
Sep. 30, 2015
USD ($)
Dec. 31, 2015
USD ($)
property
outparcel
Dec. 31, 2014
USD ($)
property
Dec. 31, 2013
USD ($)
Apr. 30, 2015
USD ($)
Apr. 30, 2014
USD ($)
Sep. 30, 2013
USD ($)
Jun. 30, 2013
USD ($)
Mar. 31, 2013
USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                              
Number of properties disposed of | property               4 3            
Fair value of long-lived assets $ 125,000   $ 69,103         $ 125,000 $ 69,103            
Loss on impairment               105,945 17,858 $ 70,049          
Property Carrying Values [Roll Forward]                              
Depreciation expense               (299,069) (291,273) (278,911)          
Gain on extinguishment of debt               $ 256 $ 87,893 (9,108)          
Number of properties written down | property 130   2         130 2            
Air Transportation Equipment                              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                              
Loss on impairment                 $ 105 1,799          
Net proceeds from sale of real estate                 176 4,292          
Property Carrying Values [Roll Forward]                              
Real estate investment property, net     $ 281           281 6,091          
Non-cash impairment of long-lived asset                   585          
Fair Value, Inputs, Level 3                              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                              
Fair value of long-lived assets $ 125,000   69,103         $ 125,000 69,103            
Chesterfield Mall                              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                              
Fair value of long-lived assets 125,000             125,000              
Loss on impairment 99,969                            
Property Carrying Values [Roll Forward]                              
Long-lived assets, beginning carrying value             $ 234,422 234,422              
Capital expenditures               552              
Depreciation expense               (10,005)              
Loss on impairment of real estate               (99,969)              
Long-lived assets, ending carrying value 125,000   234,422         $ 125,000 234,422            
Concentration risk, percent of total revenue               1.50%              
Chapel Hill Crossing                              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                              
Loss on impairment 1,914                            
Net proceeds from sale of real estate 2,300                            
Mayfaire Community Center                              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                              
Loss on impairment 397                            
Net proceeds from sale of real estate 56,300                            
Madison Square                              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                              
Fair value of long-lived assets                     $ 5,000        
Loss on impairment   $ 2,620 47,212                        
Property Carrying Values [Roll Forward]                              
Long-lived assets, beginning carrying value           $ 8,000     8,000 57,231          
Capital expenditures                 5            
Depreciation expense                 (2,024)            
Loss on impairment of real estate                 (47,212)            
Long-lived assets, ending carrying value                   $ 8,000          
Concentration risk, percent of total revenue                   0.70%          
Real estate investment property, net     8,000           8,000       $ 55,212    
Chapel Hill Suburban                              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                              
Loss on impairment           12,050                  
Property Carrying Values [Roll Forward]                              
Long-lived assets, beginning carrying value           66,120 0 $ 0 66,120            
Capital expenditures                 0            
Disposals                 (33)            
Depreciation expense                 (1,809)            
Net sales proceeds                 0            
Other                 (1,961)            
Non-recourse debt                 (68,563)            
Loss on impairment of real estate                 (12,050)            
Gain on extinguishment of debt                 18,296            
Long-lived assets, ending carrying value     0           $ 0 $ 66,120          
Concentration risk, percent of total revenue                 0.40%            
Chapel Hill Suburban | Fair Value, Inputs, Level 3                              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                              
Fair value of long-lived assets           53,348                  
Lakeshore Mall                              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                              
Loss on impairment         $ 106 5,100                  
Property Carrying Values [Roll Forward]                              
Long-lived assets, beginning carrying value           19,127 0 0 $ 19,127            
Capital expenditures                 12            
Disposals                 0            
Depreciation expense                 (320)            
Net sales proceeds                 (13,613)            
Other                 0            
Non-recourse debt                 0            
Loss on impairment of real estate                 (5,206)            
Gain on extinguishment of debt                 0            
Long-lived assets, ending carrying value     0           $ 0 19,127          
Concentration risk, percent of total revenue                 0.20%            
Lakeshore Mall | Fair Value, Inputs, Level 3                              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                              
Fair value of long-lived assets                       $ 13,780      
Pemberton Plaza                              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                              
Loss on impairment       $ 497                      
Property Carrying Values [Roll Forward]                              
Long-lived assets, beginning carrying value           2,541 0 0 $ 2,541            
Capital expenditures                 31            
Disposals                 (125)            
Depreciation expense                 (64)            
Net sales proceeds                 (1,886)            
Other                 0            
Non-recourse debt                 0            
Loss on impairment of real estate                 (497)            
Gain on extinguishment of debt                 0            
Long-lived assets, ending carrying value     0           $ 0 2,541          
Concentration risk, percent of total revenue                 0.00%            
Lakeshore Mall, Pemberton Plaza, and Chapel Hill                              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                              
Loss on impairment               104,900              
Property Carrying Values [Roll Forward]                              
Long-lived assets, beginning carrying value           87,788 0 0 $ 87,788            
Capital expenditures                 43            
Disposals                 (158)            
Depreciation expense                 (2,193)            
Net sales proceeds                 (15,499)            
Other                 (1,961)            
Non-recourse debt                 (68,563)            
Loss on impairment of real estate                 (17,753)            
Gain on extinguishment of debt                 18,296            
Long-lived assets, ending carrying value     $ 0           0 87,788          
Citadel Mall                              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                              
Loss on impairment         $ 20,453                    
Property Carrying Values [Roll Forward]                              
Long-lived assets, beginning carrying value           23,607     23,607 45,178          
Capital expenditures                 262            
Depreciation expense                 (1,380)            
Loss on impairment of real estate                 (20,453)            
Long-lived assets, ending carrying value                   $ 23,607          
Concentration risk, percent of total revenue                   0.60%          
Real estate investment property, net                           $ 23,900 $ 44,353
Madison Square and Citadel Mall                              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                              
Loss on impairment                 17,753            
Property Carrying Values [Roll Forward]                              
Long-lived assets, beginning carrying value           $ 31,607     31,607 $ 102,409          
Capital expenditures                 267            
Depreciation expense                 (3,404)            
Loss on impairment of real estate                 $ (67,665)            
Long-lived assets, ending carrying value                   $ 31,607          
Burlington                              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                              
Loss on impairment               161              
Net proceeds from sale of real estate             $ 750                
Property Carrying Values [Roll Forward]                              
Carrying amount $ 911             $ 911              
Outparcel Sale                              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]                              
Number of properties disposed of | outparcel               2              
Loss on impairment               $ 884