Annual report pursuant to Section 13 and 15(d)

REAL ESTATE AND CAPITALIZED INTEREST - Summary of Capitalized Interest (Footnote) (Details)

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REAL ESTATE AND CAPITALIZED INTEREST - Summary of Capitalized Interest (Footnote) (Details) - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Schedule of Equity Method Investments [Line Items]        
Capitalized interest $ 61,202 [1] $ 54,060 [1] $ 32,992 [1] $ 21,600
Equity Method Land Ventures [Member]        
Schedule of Equity Method Investments [Line Items]        
Capitalized interest $ 445 $ 490 $ 511  
[1] Approximately $445,000, $490,000 and $511,000 of the capitalized interest is related to our joint venture investments and is a component of “Investments in unconsolidated entities” in our consolidated balance sheet as of December 31, 2015, 2014 and 2013, respectively.