Consolidated and Combined Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2011		Dec. 31, 2010		Dec. 31, 2009
Cash Flows from Operating Activities:
Net income (loss)	$ 148,470		$ (69,230)		$ (703,816)
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities:
Equity in (earnings) loss from Real Estate Affiliates, net of distributions	(4,410)		(9,413)		29,615
Investment in Real Estate Affiliate basis adjustment	6,053
Provision for doubtful accounts			1,782		2,539
Depreciation	14,012		14,582		17,145
Amortization	2,770		1,981		2,696
Amortization of deferred financing costs and debt market rate adjustments	1,771		1,260		978
Amortization of intangibles other than in-place leases	297		174		220
Straight-line rent amortization	(1,060)		(151)		(49)
Deferred income taxes including tax restructuring benefit	(19,200)		(636,117)		(23,120)
Restricted stock and stock option amortization	3,073
Warrant liability gain (loss)	(101,584)		140,900
Loss on dispositions					939
Provisions for impairment			503,356		680,349
Real estate acquisition and development expenditures	(90,078)		(57,138)		(61,226)
Master Planned Community and condominium cost of sales	79,844		24,388		22,019
Reorganization items - finance costs related to emerged entities			1,311		2,158
Non-cash reorganization items			(2,724)		(11,835)
Net changes*:
Accounts and notes receivable	27,500	[1]	534	[1]	(2,487)	[1]
Prepaid expenses and other assets	2,036	[1]	18,686	[1]	24,867	[1]
Deferred expenses	404	[1]	(2,110)	[1]	(1,850)	[1]
Accounts payable and accrued expenses	19,502	[1]	112	[1]	1,941	[1]
Other, net	(2,892)	[1]	(82)	[1]	1,047	[1]
Cash provided by (used in) operating activities	86,508	[1]	(67,899)	[1]	(17,870)	[1]
Cash Flows from Investing Activities:
Cash acquired from The Woodlands acquisition, net of cash consideration	5,493
Real estate and property expenditures	(44,380)		(111,832)		(27,738)
Reimbursement for infrastructure improvements from municipality	5,560
Proceeds from dispositions	1,429
Proceeds from sales of investment properties					6,392
Investments in Real Estate Affiliates			3		(288)
Change in restricted cash	(7,782)				202
Cash used in investing activities	(39,680)		(111,829)		(21,432)
Cash Flows from Financing Activities:
Change in GGP investment, net			216,518		50,865
Proceeds from issuance of mortgages, notes and loans payable	304,911
Principal payments on mortgages, notes and loans payable	(407,027)		(22,109)		(10,465)
Finance costs related to emerged entities			(1,311)		(2,158)
Cash distributions paid to preferred stockholders of Victoria Ward, Ltd.					(12)
Deferred financing costs	(3,828)
Proceeds from issuance of common stock and warrants to Plan Sponsors			251,385
Proceeds from issuance of management warrants	2,000		17,000
Distributions to noncontrolling interests			(277)		(687)
Cash (used in) provided by financing activities	(103,944)		461,206		37,543
Net change in cash and cash equivalents	(57,116)		281,478		(1,759)
Cash and cash equivalents at beginning of year	284,682		3,204		4,963
Cash and cash equivalents at end of year	227,566		284,682		3,204
Supplemental Disclosure of Cash Flow Information:
Interest paid	22,158		21,225		48,100
Interest capitalized	24,062		19,139		46,976
Reorganization items paid			60,007		2,384
Non-Cash Investing and Financing Transactions:
Reduction in investments in Real Estate Affiliates due to The Woodlands acquisition	(128,764)
MPC land contributed to Real Estate Affiliate	2,990
Special Improvement District bond transfers associated with land sales	4,430		1,254
Change in accrued liability expenditures included in accounts payable and accrued expenses			(89,514)		(15,222)
Change in Contingent Stock Agreement liability			(15,000)		178,130
Contribution of tax indemnity receivable plus interest from GGP			323,525
Settlement/conversion to equity of intercompany payables to GGP			37,328
Contribution to note receivable from GGP			31,386
Other non-cash GGP equity transactions			(46,528)		2,612
Recognition of note payable in conjunction with land held for development and sale					6,520
Acquisition note related to The Woodlands (See Note 3)	96,500				0
Debt assumed from The Woodlands' acquisition (See Note 3)	296,695				0
Prepetition liabilities funded by GGP	3,241				0
Mortgage debt market rate adjustment related to emerged entities			$ 2,749		$ 11,723

[1] As a result of The Woodlands acquisition and consolidation, changes in certain accounts cannot be derived from the balance sheet because these changes are non-cash related. (See Note 3)