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SEGMENTS (Details 3) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Reconciliation of REP EBT to GAAP net income (loss)        
General and administrative $ (8,160) $ (7,662) $ (16,557) $ (12,483)
Interest income 2,342 2,243 4,673 4,754
Interest expense (200)   (201)  
Warrant liability gain (loss) 23,430 56,910 (98,421) (69,135)
Provision for income taxes (1,301) (959) (5,085) (3,415)
Loss on remeasurement of tax indemnity receivable (8,782)   (8,782)  
Equity in earnings from Real Estate Affiliates 446 2,110 3,122 7,623
Net income (loss) 34,992 65,993 (76,532) (48,494)
Unallocated amount to segment
       
Reconciliation of REP EBT to GAAP net income (loss)        
General and administrative (8,160) (7,662) (16,557) (12,483)
Interest income 2,240 3,391 4,457 4,721
Interest expense 37 (44) 42 (30)
Warrant liability gain (loss) 23,430 56,910 (98,421) (69,135)
Provision for income taxes (1,301) (959) (5,085) (3,415)
Loss on remeasurement of tax indemnity receivable (8,782)   (8,782)  
Equity in earnings from Real Estate Affiliates 446 2,110 3,122 7,623
Corporate depreciation (158) (15) (302) (27)
Segment Basis
       
Reconciliation of REP EBT to GAAP net income (loss)        
Real estate property EBT 27,686 18,596 48,116 36,581
Real Estate Affiliates
       
Reconciliation of REP EBT to GAAP net income (loss)        
Real estate property EBT (446) (6,334) (3,122) (12,329)
Consolidated Properties
       
Reconciliation of REP EBT to GAAP net income (loss)        
Real estate property EBT $ 27,240 $ 12,262 $ 44,994 $ 24,252