CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2012	Mar. 31, 2011
Cash Flows from Operating Activities:
Net loss	$ (111,522)	$ (114,487)
Adjustments to reconcile net loss to cash provided by operating activities:
Equity in earnings from Real Estate Affiliates, net of distributions	(151)	(1,619)
Provision for doubtful accounts		11
Depreciation	4,214	2,748
Amortization	844	451
Amortization of deferred financing costs and debt market rate adjustments	156	(1,709)
Amortization of intangibles other than in-place leases	(44)	33
Straight-line rent amortization	(265)	(835)
Deferred income taxes	3,728	2,423
Restricted stock and stock option amortization	871
Warrant liability loss	121,851	126,045
Master Planned Community and condominium development expenditures	(24,284)	(18,687)
Master Planned Community and condominium cost of sales	17,857	18,416
Net changes :
Accounts and notes receivable	3,770	(75)
Prepaid expenses and other assets	(2,791)	(387)
Deferred expenses	(1,432)	(62)
Accounts payable and accrued expenses	(13,193)	(7,538)
Other, net	(487)	(58)
Cash (used in) provided by operating activities	(878)	4,670
Cash Flows from Investing Activities:
Real estate and property expenditures	(7,605)	(9,140)
Investments in Real Estate Affiliates	(345)	(10)
Distributions received from Real Estate Affiliates in excess of income		79
Increase in restricted cash	(1,001)
Cash used in investing activities	(8,951)	(9,071)
Cash Flows from Financing Activities:
Proceeds from issuance of mortgages, notes and loans payable	217
Principal payments on mortgages, notes and loans payable	(7,465)	(1,738)
Deferred financing costs	(515)
Proceeds from issuance of management warrants		2,000
Distributions to noncontrolling interests		(62)
Cash (used in) provided by financing activities	(7,763)	200
Net change in cash and cash equivalents	(17,592)	(4,201)
Cash and cash equivalents at beginning of period	227,566	284,682
Cash and cash equivalents at end of period	209,974	280,481
Supplemental Disclosure of Cash Flow Information:
Interest paid	6,070	3,597
Interest capitalized	6,692	4,224
Income taxes paid	132
Non-Cash Investing and Financing Transactions:
Special Improvement District bond transfers associated with land sales	978
Change in accrued capital expenditures included in accounts payable and accrued expenses	$ 1,711	$ (5,687)