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QUARTERLY INFORMATION (UNAUDITED) (Details) - USD ($)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Dec. 31, 2016
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Apr. 30, 2017
Real Estate Properties [Line Items]                          
Total revenues   $ 235,356 $ 224,650 $ 229,233 $ 238,013 $ 258,493 $ 251,721 $ 254,965 $ 263,078 $ 927,252 $ 1,028,257 $ 1,055,018  
Income from operations   82,996 50,161 22,306 77,099 101,015 36,727 52,056 63,830 232,562 253,628    
Net income (loss)   40,538 9,299 70,627 38,518 79,872 670 73,097 41,892 158,982 195,531    
Net income attributable to the Company   36,464 8,965 41,396 34,115 68,830 1,059 62,919 40,074 120,940 172,882    
Net income (loss) attributable to common shareholders   $ 25,241 $ (2,258) $ 30,173 $ 22,892 $ 57,607 $ (10,164) $ 51,696 $ 28,851 $ 76,048 $ 127,990    
Basic per share/unit data attributable to common shareholders/unitholders:                          
Net income (loss) attributable to common shareholders (in dollars per share)   $ 0.15 $ (0.01) $ 0.18 $ 0.13 $ 0.34 $ (0.06) $ 0.30 $ 0.17 $ 0.44 $ 0.75    
Diluted per share/unit data attributable to common shareholders/unitholders:                          
Net income (loss) attributable to common shareholders (in dollars per share)   $ 0.15 $ (0.01) $ 0.18 $ 0.13 $ 0.34 $ (0.06) $ 0.30 $ 0.17 $ 0.44 $ 0.75    
Loss on impairment of real estate                   $ 71,401 $ 116,822 105,945  
Gain (loss) on sales of real estate assets                   93,792 29,567 32,232  
Gain (loss) on extinguishment of debt                   30,927   256  
Gain (loss) on investments                   $ (6,197) 7,534 $ 16,560  
The Outlet Shoppes at Oklahoma City, Oklahoma City, OK                          
Diluted per share/unit data attributable to common shareholders/unitholders:                          
Gain (loss) on sales of real estate assets       $ 75,434                  
River Ridge Mall, Lynchburg, VA                          
Diluted per share/unit data attributable to common shareholders/unitholders:                          
Loss on impairment of real estate $ 84               $ 9,510   $ 9,594    
2016 Dispositions                          
Diluted per share/unit data attributable to common shareholders/unitholders:                          
Loss on impairment of real estate             $ 53,558 $ 43,493 19,685        
Triangle Town Center                          
Diluted per share/unit data attributable to common shareholders/unitholders:                          
Gain (loss) on sales of real estate assets                 $ 26,395        
JG Gulf Coast Town Center LLC                          
Diluted per share/unit data attributable to common shareholders/unitholders:                          
Gain (loss) on investments               29,267          
Renaissance Center                          
Diluted per share/unit data attributable to common shareholders/unitholders:                          
Gain (loss) on sales of real estate assets               $ 29,437          
Triangle Town Center                          
Diluted per share/unit data attributable to common shareholders/unitholders:                          
Joint venture, ownership percentage                 50.00%        
Parent Company | The Outlet Shoppes at Oklahoma City, Oklahoma City, OK                          
Diluted per share/unit data attributable to common shareholders/unitholders:                          
Gain (loss) on sales of real estate assets       48,800                  
Joint venture, ownership percentage                         7500.00%
Parent Company | River Ridge Mall, Lynchburg, VA                          
Diluted per share/unit data attributable to common shareholders/unitholders:                          
Gain (loss) on sales of real estate assets       $ (5,843)                  
Parent Company | The Outlet Shoppes at Oklahoma City, Oklahoma City, OK                          
Diluted per share/unit data attributable to common shareholders/unitholders:                          
Joint venture, ownership percentage       75.00%                  
Parent Company | Triangle Town Center                          
Diluted per share/unit data attributable to common shareholders/unitholders:                          
Joint venture, ownership percentage                 10.00%        
Acadiana Mall, Lafayette, LA                          
Diluted per share/unit data attributable to common shareholders/unitholders:                          
Loss on impairment of real estate       $ 43,007                  
Hickory Point                          
Diluted per share/unit data attributable to common shareholders/unitholders:                          
Loss on impairment of real estate     $ 24,525                    
Chesterfield Mall                          
Diluted per share/unit data attributable to common shareholders/unitholders:                          
Gain (loss) on extinguishment of debt       $ 20,420                  
Wausau Center, Wausau, WI                          
Diluted per share/unit data attributable to common shareholders/unitholders:                          
Gain (loss) on extinguishment of debt     $ 6,851                    
Corporate Joint Venture | The Outlet Shoppes at Oklahoma City, Oklahoma City, OK                          
Diluted per share/unit data attributable to common shareholders/unitholders:                          
Joint venture, ownership percentage                         2500.00%
Corporate Joint Venture | The Outlet Shoppes at Oklahoma City, Oklahoma City, OK                          
Diluted per share/unit data attributable to common shareholders/unitholders:                          
Joint venture, ownership percentage       25.00%                  
Corporate Joint Venture | Triangle Town Center                          
Diluted per share/unit data attributable to common shareholders/unitholders:                          
Joint venture, ownership percentage                 90.00%