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SEGMENTS (Details 2) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Segments reporting                      
Land sales                 $ 182,643 $ 114,610 $ 38,058
Builder price participation                 5,747 3,816 4,124
Minimum rents                 82,621 71,178 66,926
Tenant recoveries                 23,351 19,323 18,567
Condominium unit sales                 267 22,067 1,139
Other land revenues                 18,073 13,133 6,332
Resort and conference center revenues                 39,782 15,744  
Other rental and property revenues                 24,402 15,818 7,572
Total revenues 108,367 94,815 93,939 79,765 85,094 86,673 50,821 53,101 376,886 275,689 142,718
Cost of sales - land                 89,298 70,108 23,388
Condominium unit cost of sales                 96 14,465 1,000
Master Planned Community operations                 40,506 33,647 30,104
Rental property real estate taxes                 13,643 10,270 13,718
Rental property maintenance costs                 8,655 7,076 6,495
Resort and conference center operations                 29,112 13,220  
Other property operating costs                 63,035 50,549 36,641
Provision for (recovery of) doubtful accounts                 1,224 (235) 1,782
Provisions for impairment                     503,356
Depreciation and amortization                 24,429 16,782 16,563
Interest income                 (9,437) (9,876) (369)
Interest expense                 964   2,422
Early extinguishment of debt                   11,305  
Equity in Earnings from Real Estate Affiliates                 (3,683) (8,578) (9,413)
Segment Basis
                     
Segments reporting                      
REP EBT                 109,705 62,197 (481,871)
Segment Basis | Master Planned Communities
                     
Segments reporting                      
Land sales                 182,643 161,383 129,044
Builder price participation                 5,747 4,924 6,901
Minimum rents                 576 673 27
Other land revenues                 18,073 17,057 15,159
Total revenues                 207,039 184,037 151,131
Cost of sales - land                 89,298 94,040 73,133
Land sales operations                 32,817 31,965 37,982
Land sales real estate and business taxes                 7,558 9,619 12,699
Other property operating costs                     (1)
Provisions for impairment                     405,331
Depreciation and amortization                 72 48 128
Interest income                 (45) (508) (824)
Interest expense                 (14,598) (9,788) (6,270)
Total expenses                 115,102 125,376 522,178
Venture partner share of The Woodlands EBT                   (7,949) (11,827)
REP EBT                 91,937 50,712 (382,874)
Segment Basis | Operating Assets
                     
Segments reporting                      
Minimum rents                 81,140 72,405 69,937
Tenant recoveries                 23,210 20,254 19,704
Resort and conference center revenues                 39,782 34,850 28,850
Other rental and property revenues                 20,959 21,064 22,003
Total revenues                 165,091 148,573 140,494
Rental property real estate taxes                 11,292 10,638 12,147
Rental property maintenance costs                 8,073 6,922 6,874
Resort and conference center operations                 29,112 27,124 24,471
Other property operating costs                 60,072 55,745 48,033
Provision for (recovery of) doubtful accounts                 1,335 (107) 1,761
Provisions for impairment                     80,924
Depreciation and amortization                 23,318 20,309 23,461
Interest income                 (185) (127) (168)
Interest expense                 16,289 12,902 17,351
Early extinguishment of debt                   11,305  
Equity in Earnings from Real Estate Affiliates                 (3,683) (3,926) 338
Total expenses                 145,623 140,785 215,192
Venture partner share of The Woodlands EBT                   425 2,157
REP EBT                 19,468 8,213 (72,541)
Segment Basis | Strategic Developments
                     
Segments reporting                      
Minimum rents                 905 917 1,015
Tenant recoveries                 141 130 347
Condominium unit sales                 267 22,067 1,139
Other rental and property revenues                 3,443 1,746 182
Total revenues                 4,756 24,860 2,683
Condominium unit cost of sales                 96 14,465 1,000
Condominium sales operations                 131 1,401 252
Rental property real estate taxes                 2,351 604 3,756
Rental property maintenance costs                 582 671 684
Other property operating costs                 2,963 4,027 5,925
Provision for (recovery of) doubtful accounts                 (111) (137) 175
Provisions for impairment                     17,101
Depreciation and amortization                 225 234 212
Interest expense                 219 323 34
Total expenses                 6,456 21,588 29,139
REP EBT                 (1,700) 3,272 (26,456)
Consolidated Properties
                     
Segments reporting                      
REP EBT                   49,987 (492,560)
Consolidated Properties | Master Planned Communities
                     
Segments reporting                      
Land sales                   114,610 38,058
Builder price participation                   3,816 4,124
Minimum rents                   659  
Other land revenues                   13,133 6,332
Total revenues                   132,218 48,514
Cost of sales - land                   70,108 23,388
Land sales operations                   24,533 17,153
Land sales real estate and business taxes                   7,713 12,699
Other property operating costs                     (1)
Provisions for impairment                     405,331
Depreciation and amortization                   2 17
Interest income                   (144)  
Interest expense                   (11,920) (14,127)
Total expenses                   90,292 444,460
REP EBT                   41,926 (395,946)
Consolidated Properties | Operating Assets
                     
Segments reporting                      
Minimum rents                   69,602 65,911
Tenant recoveries                   19,193 18,220
Resort and conference center revenues                   15,744  
Other rental and property revenues                   14,072 7,390
Total revenues                   118,611 91,521
Rental property real estate taxes                   9,666 9,962
Rental property maintenance costs                   6,405 5,811
Resort and conference center operations                   13,220  
Other property operating costs                   46,522 30,717
Provision for (recovery of) doubtful accounts                   (98) 1,607
Provisions for impairment                     80,924
Depreciation and amortization                   16,341 16,313
Interest income                   (125) (170)
Interest expense                   10,586 16,515
Early extinguishment of debt                   11,305  
Total expenses                   113,822 161,679
REP EBT                   4,789 (70,158)
Consolidated Properties | Strategic Developments
                     
Segments reporting                      
Minimum rents                   917 1,015
Tenant recoveries                   130 347
Condominium unit sales                   22,067 1,139
Other rental and property revenues                   1,746 182
Total revenues                   24,860 2,683
Condominium unit cost of sales                   14,465 1,000
Condominium sales operations                   1,401 252
Rental property real estate taxes                   604 3,756
Rental property maintenance costs                   671 684
Other property operating costs                   4,027 5,925
Provision for (recovery of) doubtful accounts                   (137) 175
Provisions for impairment                     17,101
Depreciation and amortization                   234 212
Interest expense                   323 34
Total expenses                   21,588 29,139
REP EBT                   3,272 (26,456)
Real Estate Affiliates
                     
Segments reporting                      
REP EBT                   12,210 10,689
Real Estate Affiliates | Master Planned Communities
                     
Segments reporting                      
Land sales                   46,773 90,986
Builder price participation                   1,108 2,777
Minimum rents                   14 27
Other land revenues                   3,924 8,827
Total revenues                   51,819 102,617
Cost of sales - land                   23,932 49,745
Land sales operations                   7,432 20,829
Land sales real estate and business taxes                   1,906  
Depreciation and amortization                   46 111
Interest income                   (364) (824)
Interest expense                   2,132 7,857
Total expenses                   35,084 77,718
Venture partner share of The Woodlands EBT                   (7,949) (11,827)
REP EBT                   8,786 13,072
Real Estate Affiliates | Operating Assets
                     
Segments reporting                      
Minimum rents                   2,803 4,026
Tenant recoveries                   1,061 1,484
Resort and conference center revenues                   19,106 28,850
Other rental and property revenues                   6,992 14,613
Total revenues                   29,962 48,973
Rental property real estate taxes                   972 2,185
Rental property maintenance costs                   517 1,063
Resort and conference center operations                   13,904 24,471
Other property operating costs                   9,223 17,316
Provision for (recovery of) doubtful accounts                   (9) 154
Depreciation and amortization                   3,968 7,148
Interest income                   (2) 2
Interest expense                   2,316 836
Equity in Earnings from Real Estate Affiliates                   (3,926) 338
Total expenses                   26,963 53,513
Venture partner share of The Woodlands EBT                   425 2,157
REP EBT                   $ 3,424 $ (2,383)