CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Cash Flows from Operating Activities:
Net loss	$ (55,449)	$ (92,233)
Adjustments to reconcile net loss to cash provided by operating activities:
Depreciation	31,330	20,197
Amortization	3,670	3,013
Amortization of deferred financing costs	2,927	1,060
Amortization of intangibles other than in-place leases	462	271
Straight-line rent amortization	1,113	(2,087)
Deferred income taxes	47,925	19,712
Restricted stock and stock option amortization	5,940	4,111
Gain on disposition of asset	(2,373)
Warrant liability loss	139,120	148,706
Reduction in tax indemnity receivable	5,473	8,673
Interest income related to tax indemnity	(18,856)	(5,555)
Equity in earnings from Real Estate and Other Affiliates, net of distributions	(14,666)	(5,408)
Provision for doubtful accounts	293	910
Master Planned Community land acquisitions	(69,930)	(5,667)
Master Planned Community development expenditures	(93,080)	(95,061)
Master Planned Community cost of sales	86,044	73,201
Condominium development expenditures	(34,358)	(10,891)
Condominium and other cost of sales	5,788	15,678
Proceeds from sale of condominium rights		47,500
Percentage of completion revenue recognition from sale of condominium rights	(11,516)	(31,191)
Non-monetary consideration relating to land sale	(13,789)
Net changes:
Accounts and notes receivable	26,188	1,850
Prepaid expenses and other assets	(3,436)	12,143
Condominium deposits received	125,002
Deferred expenses	(32,028)	(7,156)
Accounts payable and accrued expenses	18,055	5,773
Condominium deposits held in escrow	(125,002)
Other, net	(8,888)	1,217
Cash provided by operating activities	15,959	108,766
Cash Flows from Investing Activities:
Property and equipment expenditures	(6,213)	(26,527)
Operating property improvements	(3,581)	(22,623)
Property developments and redevelopments	(467,497)	(126,819)
Proceeds from insurance claims	12,901
Proceeds from dispositions	11,953	10,831
Acquisition of 1701 Lake Robbins	(1,484)
Change in restricted cash	(8,136)	(18,268)
Cash used in investing activities	(465,986)	(211,537)
Cash Flows from Financing Activities:
Proceeds from issuance of mortgages, notes and loans payable	414,046	360,788
Principal payments on mortgages, notes and loans payable	(45,443)	(271,871)
Deferred financing costs	(7,906)	(2,437)
Preferred dividend payment on behalf of REIT subsidiary	(12)	(12)
Distributions to noncontrolling interests		(2,134)
Cash provided by financing activities	360,685	84,334
Net change in cash and cash equivalents	(89,342)	(18,437)
Cash and cash equivalents at beginning of period	894,948	229,197
Cash and cash equivalents at end of period	805,606	210,760
Supplemental Disclosure of Cash Flow Information:
Interest paid	49,617	23,228
Interest capitalized	34,760	26,537
Income taxes paid	1,487	2,127
Non-Cash Transactions:
Special Improvement District bond transfers associated with land sales	7,496	11,549
Property developments and redevelopments	59,819	56,763
Acquisition of 1701 Lake Robbins
Land	(1,663)
Building	(3,725)
Other assets and deferred expenses	(848)
Mortgages, notes and loans payable	4,600
Other liabilities	152
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	(3,929)	(1,031)
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		$ (10,350)