CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Cash Flows from Operating Activities:
Net loss	$ (101,064)	$ (99,666)
Adjustments to reconcile net loss to cash provided by operating activities:
Depreciation	19,580	11,427
Amortization	2,402	1,797
Amortization of deferred financing costs	1,649	338
Amortization of intangibles other than in-place leases	289	192
Straight-line rent amortization	(711)	(705)
Deferred income taxes	47,514	15,871
Restricted stock and stock option amortization	3,818	2,578
Gain on disposition of asset	(2,373)
Warrant liability loss	163,810	144,227
Reduction in tax indemnity receivable	10,927	9,403
Interest income related to tax indemnity	(20,246)	(3,870)
Equity in earnings from Real Estate and Other Affiliates, net of distributions	(10,423)	(5,441)
Provision for doubtful accounts	174	706
Master Planned Community land acquisitions	(67,284)
Master Planned Community development expenditures	(55,162)	(67,484)
Master Planned Community cost of sales	59,281	48,731
Condominium development expenditures	(17,821)	(6,761)
Condominium and other cost of sales	3,762	15,270
Proceeds from sale of condominium rights		47,500
Percentage of completion revenue recognition from sale of condominium rights	(7,484)	(30,381)
Non-monetary consideration relating to land sale	(13,789)
Net changes:
Accounts and notes receivable	23,845	(1,081)
Prepaid expenses and other assets	1,177	11,776
Condominium deposits received	103,240
Deferred expenses	(22,052)	(760)
Accounts payable and accrued expenses	(5,740)	(5,918)
Condominium deposits held in escrow	(103,240)
Other, net	(4,811)	1,666
Cash provided by operating activities	9,268	89,415
Cash Flows from Investing Activities:
Property and equipment expenditures	(4,517)	(4,823)
Operating property improvements	(1,707)	(9,616)
Property developments and redevelopments	(292,128)	(81,736)
Proceeds from insurance claims	6,227
Proceeds from dispositions	5,500
Change in restricted cash	(2,225)	(12,673)
Cash used in investing activities	(290,967)	(136,556)
Cash Flows from Financing Activities:
Proceeds from issuance of mortgages, notes and loans payable	164,051	94,575
Principal payments on mortgages, notes and loans payable	(33,581)	(60,829)
Deferred financing costs	(4,139)	(460)
Preferred dividend payment on behalf of REIT subsidiary	(12)	(12)
Distributions to noncontrolling interests		(2,134)
Cash provided by financing activities	126,319	31,140
Net change in cash and cash equivalents	(155,380)	(16,001)
Cash and cash equivalents at beginning of period	894,948	229,197
Cash and cash equivalents at end of period	739,568	213,196
Supplemental Disclosure of Cash Flow Information:
Interest paid	41,628	15,401
Interest capitalized	23,965	18,202
Income taxes paid	1,370	1,914
Non-Cash Transactions:
Special Improvement District bond transfers associated with land sales	6,516	6,823
Property developments and redevelopments	51,377	27,469
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
Real Estate and Other Affiliates
Cash Flows from Investing Activities:
Investments in Real Estate and Other Affiliates, net	(2,117)	(758)
KR Holdings, LLC
Cash Flows from Investing Activities:
Investments in Real Estate and Other Affiliates, net		(16,750)
Summerlin Las Vegas Baseball Club
Cash Flows from Investing Activities:
Investments in Real Estate and Other Affiliates, net		$ (10,200)