CONSOLIDATED AND COMBINED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012		Dec. 31, 2011		Dec. 31, 2010
Cash Flows from Operating Activities:
Net income (loss)	$ (127,543)		$ 148,470		$ (69,230)
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities:
Depreciation	19,455		14,012		14,582
Amortization	4,974		2,770		1,981
Amortization of deferred financing costs and debt market rate adjustments, net	1,418		1,771		1,260
Amortization of intangibles other than in-place leases	96		297		174
Straight-line rent amortization	(757)		(1,060)		(151)
Deferred income taxes including tax restructuring benefit	4,448		(19,200)		(636,117)
Restricted stock and stock option amortization	4,277		3,073
Warrant liability gain (loss)	185,017		(101,584)		140,900
Reduction in tax indemnity receivable	20,260
Equity in earnings (loss) from Real Estate Affiliates, net of distributions	(35)		(4,410)		(9,413)
Investment in Real Estate Affiliate basis adjustment			6,053
Provision for doubtful accounts	1,224		(235)		1,782
Provisions for impairment					503,356
Master Planned Community and development expenditures	(107,144)		(90,078)		(57,138)
Master Planned Community and condominium cost of sales	87,595		79,844		24,388
Reorganization items - finance costs related to emerged entities					1,311
Non-cash reorganization items					(2,724)
Net changes:
Accounts and notes receivable	43,460	[1]	27,500	[1]	534	[1]
Prepaid expenses and other assets	4,110	[1]	2,036	[1]	18,686	[1]
Deferred expenses	(1,995)	[1]	404	[1]	(2,110)	[1]
Accounts payable and accrued expenses	15,112	[1]	19,502	[1]	112	[1]
Other, net	(908)	[1]	(2,657)	[1]	(82)	[1]
Cash provided by (used in) operating activities	153,064	[1]	86,508	[1]	(67,899)	[1]
Cash Flows from Investing Activities:
Real estate and property expenditures	(74,367)		(44,380)		(111,832)
Cash acquired from The Woodlands acquisition, net of cash consideration			5,493
Reimbursement for infrastructure improvements from municipality			5,560
Proceeds from dispositions			1,429
Consideration paid to acquire Millennium Waterway Apartments, net of cash acquired	(2,721)
Distribution from Millennium Waterway Apartments	6,876
Proceeds from sales of investment in Real Estate Affiliates	8,579
Investment in Real Estate Affiliates, Net	(4,552)				3
Change in restricted cash	(15,164)		(7,782)
Cash used in investing activities	(81,349)		(39,680)		(111,829)
Cash Flows from Financing Activities:
Change in GGP investment, net					216,518
Proceeds from issuance of mortgages, notes and loans payable	68,410		304,911
Principal payments on mortgages, notes and loans payable	(55,832)		(407,027)		(22,109)
Finance costs related to emerged entities					(1,311)
Deferred financing costs	(2,114)		(3,828)
Proceeds from issuance of Management warrants			2,000		17,000
Purchase of Sponsors Warrants	(80,548)
Proceeds from issuance of common stock and warrants to Plan Sponsors					251,385
Distributions to noncontrolling interests					(277)
Cash (used in) provided by financing activities	(70,084)		(103,944)		461,206
Net change in cash and cash equivalents	1,631		(57,116)		281,478
Cash and cash equivalents at beginning of year	227,566		284,682		3,204
Cash and cash equivalents at end of year	229,197		227,566		284,682
Supplemental Disclosure of Cash Flow Information:
Interest paid	28,857		22,158		21,225
Interest capitalized	27,571		24,062		19,139
Income taxes paid	1,202
Reorganization items paid					60,007
Non-Cash Transactions:
Retirement of Sponsors Warrants and Issuance of 1,525,272 shares of common stock	(76,264)
Consolidation of partner's interest:
Special Improvement District bond transfers associated with land sales	(3,033)		(4,430)		(1,254)
Real Estate and property expenditures	8,384
MPC Land contributed to Real Estate Affiliate	2,190		2,990
Change in accrued liability expenditures included in accounts payable and accrued expenses					(89,514)
Change in Contingent Stock Agreement liability					(15,000)
Contribution of tax indemnity receivable plus interest from GGP					323,525
Settlement/conversion to equity of intercompany payables to GGP					37,328
Contribution to note receivable from GGP					31,386
Other non-cash GGP equity transactions					(46,528)
Acquisition note related to The Woodlands (See Note 4)			96,500
Debt assumed from The Woodlands' acquisition (See Note 4)			296,695
Prepetition liabilities funded by GGP			3,241
Purchase of land from GGP	(1,315)
Mortgage debt market rate adjustment related to emerged entities					2,749
Millennium Waterway Apartments
Consolidation of partner's interest:
Land	(15,917)
Building and equipment	(56,002)
Other Assets	(2,670)
Mortgages, notes and loans payable	55,584
Other liabilities	755
Reduction in investments in Real Estate Affiliates due to the acquisition	22,405
The Woodlands
Consolidation of partner's interest:
Reduction in investments in Real Estate Affiliates due to the acquisition			(128,764)
70 Columbia Corporate Center
Consolidation of partner's interest:
Land	(1,281)
Building and equipment	(13,089)
Other Assets	(2,957)
Mortgages, notes and loans payable	16,037
Other liabilities	$ 1,290

[1] As a result of The Woodlands acquisition and consolidation in 2011, changes in certain accounts cannot be derived from the balance sheet because these changes are non-cash related. Please refer to Note 4 - Acquisitions and Dispositions.