Condensed Consolidated and Combined Statements of Operations and Comprehensive Income (Loss) (Unaudited) (USD $) In Thousands, except Per Share data	3 Months Ended	6 Months Ended
Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Revenues:
Master Planned Community land sales	$ 18,148	$ 4,174	$ 41,540	$ 7,388
Builder price participation	597	1,451	1,118	2,195
Minimum rents	16,976	16,969	33,695	34,000
Tenant recoveries	4,615	4,433	9,139	9,252
Condominium unit sales	6,660		10,424
Other land sale revenues	2,248	1,412	3,496	2,524
Other rental and property revenues	1,579	2,190	4,512	4,060
Total revenues	50,823	30,629	103,924	59,419
Operating Expenses:
Master Planned Community cost of sales	9,438	1,924	24,874	3,250
Master Planned Community land sales operations	4,585	8,856	10,213	17,347
Rental property real estate taxes	2,952	4,051	6,426	7,029
Rental property maintenance costs	1,566	1,439	3,125	3,283
Condominium unit cost of sales	5,272		8,252
Property operating costs	9,473	9,729	19,065	18,201
Provision for doubtful accounts	304	256	315	357
General and administrative	8,359	4,861	13,591	8,996
Provisions for impairment		208		486
Depreciation and amortization	3,185	3,975	6,384	8,425
Total operating expenses	45,134	35,299	92,245	67,374
Operating income (loss)	5,689	(4,670)	11,679	(7,955)
Interest income	2,244		4,756	59
Interest expense		(541)		(1,207)
Warrant liability gain (loss)	56,910		(69,135)
Income (loss) before income taxes, income from Real Estate Affiliates, reorganization items and noncontrolling interests	64,843	(5,211)	(52,700)	(9,103)
Provision for income taxes	(958)	(16,467)	(3,415)	(17,953)
Income from Real Estate Affiliates	2,108	3,680	7,621	5,172
Reorganization items		(10,019)		(26,614)
Income (loss) from continuing operations	65,993	(28,017)	(48,494)	(48,498)
Net income attributable to noncontrolling interests	(20)	(25)	(48)	(73)
Net income (loss) attributable to common stockholders	65,973	(28,042)	(48,542)	(48,571)
Basic Income (Loss) Per Share:	$ 1.74	$ (0.74)	$ (1.28)	$ (1.29)
Diluted Income (Loss) Per Share:	$ 0.22	$ (0.74)	$ (1.28)	$ (1.29)
Comprehensive Income (Loss), Net:
Net income (loss)	65,993	(28,017)	(48,494)	(48,498)
Other comprehensive income (loss):
Interest rate swap	(748)		(748)
Pension adjustment	(63)	(311)	(128)	99
Other comprehensive income (loss)	(811)	(311)	(876)	99
Comprehensive income (loss)	65,182	(28,328)	(49,370)	(48,399)
Comprehensive loss attributable to noncontrolling interests	(20)	(25)	(48)	(73)
Comprehensive income (loss) attributable to common stockholders	$ 65,162	$ (28,353)	$ (49,418)	$ (48,472)

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The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation.

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Total amount of reorganization items.

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Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

- Definition

In accordance with the provisions of their lease agreement, this element represents allowable charges due a landlord from its tenant. In retail store and office building leases, for example, tenant reimbursements may cover items such as taxes, utilities, and common area expenses.

+ References

+ Details

Name:	us-gaap_TenantReimbursements
Namespace Prefix:	us-gaap
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration