CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
Cash Flows from Operating Activities:
Net loss	$ (99,666)	$ (76,532)
Adjustments to reconcile net loss to cash provided by operating activities:
Depreciation	11,427	8,853
Amortization	1,797	2,098
Amortization of deferred financing costs and debt market rate adjustments, net	338	(155)
Amortization of intangibles other than in-place leases	192	(89)
Straight-line rent amortization	(705)	(482)
Deferred income taxes	15,871	4,612
Restricted stock and stock option amortization	2,578	2,069
Warrant liability loss	144,227	98,421
Reduction in tax indemnity receivable	9,403	8,782
Equity in earnings (loss) from Real Estate Affiliates, net of distributions	(5,441)	72
Provision for doubtful accounts	706	45
Master Planned Community development expenditures	(67,484)	(47,235)
Master Planned Community cost of sales	48,731	39,371
Condominium development expenditures	(6,761)
Condominium cost of sales	15,270	96
Deferred revenue from sale of condominium rights	17,119
Net changes:
Accounts and notes receivable	(4,951)	9,682
Prepaid expenses and other assets	11,776	2,191
Deferred expenses	(760)	(1,730)
Accounts payable and accrued expenses	(5,918)	(20,508)
Other, net	1,666	(10)
Cash provided by operating activities	89,415	29,551
Cash Flows from Investing Activities:
Real estate and property expenditures	(96,175)	(20,036)
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
Change in restricted cash	(12,673)	7,703
Cash used in investing activities	(136,556)	(1,049)
Cash Flows from Financing Activities:
Proceeds from issuance of mortgages, notes and loans payable	94,575	35,827
Principal payments on mortgages, notes and loans payable	(60,829)	(36,308)
Deferred financing costs	(460)	(1,299)
Preferred dividend payment on behalf of REIT subsidiary	(12)
Distributions to noncontrolling interests	(2,134)
Cash provided by (used in) financing activities	31,140	(1,780)
Net change in cash and cash equivalents	(16,001)	26,722
Cash and cash equivalents at beginning of period	229,197	227,566
Cash and cash equivalents at end of period	213,196	254,288
Supplemental Disclosure of Cash Flow Information:
Interest paid	15,401	10,284
Interest capitalized	18,202	13,253
Income taxes paid	1,914	824
Acquisition of Millennium Waterway Apartments
Land		(15,917)
Building and equipment		(56,002)
Other Assets		(2,669)
Mortgages, notes and loans payable		55,584
Other liabilities		754
Reduction in investments in Real Estate Affiliates due to the Millennium Waterway Apartments' acquisition		22,405
Special Improvement District bond transfers associated with land sales	6,823	2,189
Real estate and property expenditures	27,469	4,345
Non-cash increase in Property due to consolidation of Real Estate Affiliate	3,750
Transfer of condominium buyer deposits to Real Estate Affiliate	34,220
Other real estate affiliates, net
Cash Flows from Investing Activities:
Investments in affiliates	(758)	(1,450)
KR Holdings, LLC
Cash Flows from Investing Activities:
Investments in affiliates	(16,750)
Summerlin Las Vegas Baseball Club
Cash Flows from Investing Activities:
Investments in affiliates	$ (10,200)