SEGMENTS (Details 2) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Segments reporting
Land sales	$ 153,164	$ 66,021	$ 200,835	$ 113,247
Builder price participation	3,843	2,426	7,940	3,701
Minimum rents	22,189	20,134	42,549	39,060
Tenant recoveries	6,893	5,065	12,908	10,390
Condominium rights and unit sales	4,358	30,381	7,484	30,381
Other land revenues	2,698	3,830	5,210	6,632
Resort and conference center revenues	9,622	11,270	19,048	22,374
Other rental and property revenues	6,864	6,635	12,310	10,068
Total revenues	209,631	145,762	308,284	235,853
Cost of sales - land	42,719	29,854	65,797	55,553
Development-related marketing costs	5,299	658	9,522	721
Condominium rights and unit cost of sales	2,191	15,272	3,762	15,272
Other property operating costs	16,600	16,340	30,405	31,800
Rental property real estate taxes	4,241	3,359	7,981	7,116
Rental property maintenance costs	2,174	2,143	4,089	3,948
Resort and conference center operations	6,412	7,680	13,923	15,156
Provision for doubtful accounts	31	277	174	706
Demolition costs	3,435		5,951
Depreciation and amortization	11,473	6,780	21,982	13,224
Other income	(5,611)	(5,410)	(16,059)	(5,410)
Interest income	(18,625)	(2,067)	(20,813)	(4,423)
Interest expense	8,897		16,218	143
Equity in Earnings from Real Estate and Other Affiliates	(6,587)	(5,707)	(12,655)	(8,440)
REP EBT	116,378	61,065	152,022	84,042
Operating segment | Master Planned Communities
Segments reporting
Land sales	153,164	66,021	200,835	113,247
Builder price participation	3,843	2,426	7,940	3,701
Minimum rents	207	194	404	389
Other land revenues	2,689	3,830	5,193	6,632
Other rental and property revenues	108		175
Total revenues	160,011	72,471	214,547	123,969
Cost of sales - land	42,719	29,854	65,797	55,553
Land sales operations	9,275	8,359	16,579	15,312
Land sales real estate and business taxes	2,135	1,435	4,089	2,978
Depreciation and amortization	103	8	203	15
Interest income	(22)	(1)	(79)	(16)
Interest expense	(4,813)	(3,646)	(9,879)	(9,606)
Total expenses	49,397	36,009	76,710	64,236
REP EBT	110,614	36,462	137,837	59,733
Operating segment | Operating Assets
Segments reporting
Minimum rents	21,918	19,756	41,818	38,267
Tenant recoveries	6,941	5,041	12,825	10,293
Resort and conference center revenues	9,622	11,270	19,048	22,374
Other rental and property revenues	6,570	6,612	11,680	10,045
Total revenues	45,051	42,679	85,371	80,979
Development-related marketing costs	2,711	658	4,790	721
Other property operating costs	15,485	15,894	28,666	30,796
Rental property real estate taxes	3,762	2,923	6,869	5,906
Rental property maintenance costs	2,008	2,032	3,808	3,688
Resort and conference center operations	6,412	7,680	13,923	15,156
Provision for doubtful accounts	31	277	174	706
Demolition costs	3,434		5,928
Depreciation and amortization	9,531	6,398	18,541	12,516
Interest income	(11)	(44)	(130)	(90)
Interest expense	3,928	3,893	5,972	10,698
Equity in Earnings from Real Estate and Other Affiliates	(767)	(363)	(2,572)	(3,096)
Total expenses	46,524	39,348	85,969	77,001
REP EBT	(1,473)	3,331	(598)	3,978
Operating segment | Strategic Developments
Segments reporting
Minimum rents	73	184	336	404
Tenant recoveries	(57)	24	74	97
Condominium rights and unit sales	4,358	30,381	7,484	30,381
Other land revenues	9		17
Other rental and property revenues	186	23	455	23
Total revenues	4,569	30,612	8,366	30,905
Development-related marketing costs	2,588		4,732
Condominium rights and unit cost of sales	2,191	15,272	3,762	15,272
Other property operating costs	1,094	446	1,721	1,001
Rental property real estate taxes	479	436	1,112	1,210
Rental property maintenance costs	166	111	281	260
Demolition costs	1		23
Depreciation and amortization	614	48	1,038	91
Other income		(954)	(2,373)	(954)
Interest expense	(3,981)	(675)	(6,630)	(962)
Equity in Earnings from Real Estate and Other Affiliates	(5,820)	(5,344)	(10,083)	(5,344)
Total expenses	(2,668)	9,340	(6,417)	10,574
REP EBT	$ 7,237	$ 21,272	$ 14,783	$ 20,331