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SEGMENTS - Segment Operating Results (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Segments reporting        
Land sales $ 45,423 $ 59,351 $ 138,937 $ 260,186
Builder price participation 6,680 5,311 20,285 13,251
Minimum rents 37,814 24,380 109,997 66,929
Tenant recoveries 10,706 7,601 31,074 20,509
Condominium rights and unit sales     200,362 11,516
Other land revenues 4,617 4,112 11,055 9,322
Other rental and property revenues 7,438 6,291 20,729 18,601
Total revenues 203,442 119,228 567,695 427,512
Cost of sales - land 19,674 27,743 67,806 93,540
Other property operating costs 16,680 15,198 54,459 45,603
Rental property real estate taxes 6,908 4,559 19,676 12,540
Rental property maintenance costs 3,094 2,313 8,738 6,402
Provision for doubtful accounts 1,007 119 3,082 293
Demolition costs 1,024 760 2,637 6,711
Development-related marketing costs 7,639 6,387 19,476 15,909
Depreciation and amortization 24,998 13,018 71,577 35,000
Other expense (income) 659 (11,409) (1,204) (27,468)
Interest income (109) 1,162 (516) (19,651)
Equity in Earnings from Real Estate and Other Affiliates (295) (5,509) (3,164) (18,164)
REP EBT 55,190 35,560 139,178 187,582
Operating Segments | Master Planned Communities        
Segments reporting        
Land sales 45,423 59,351 138,937 260,186
Builder price participation 6,680 5,311 20,285 13,251
Minimum rents 171 210 601 614
Other land revenues 4,612 4,103 11,038 9,296
Other rental and property revenues 23 198 30 373
Total revenues 56,909 69,173 170,891 283,720
Cost of sales - land 19,674 27,743 67,806 93,540
Land sales operations 7,293 8,068 24,593 24,629
Land sales real estate and business taxes 3,056 2,927 7,702 7,016
Depreciation and amortization 89 101 279 304
Interest income (14) (17) (45) (96)
Interest expense (4,210) (3,332) (13,656) (13,210)
Total expenses 25,888 35,490 86,679 112,183
REP EBT 31,021 33,683 84,212 171,537
Operating Segments | Operating Assets        
Segments reporting        
Minimum rents 37,565 24,035 108,574 65,853
Tenant recoveries 10,685 7,581 30,951 20,406
Resort and conference center revenues 11,772 8,150 35,256 27,198
Other rental and property revenues 7,400 6,076 20,645 17,756
Total revenues 67,422 45,842 195,426 131,213
Other property operating costs 15,659 14,116 51,495 42,782
Rental property real estate taxes 6,447 3,716 17,956 10,585
Rental property maintenance costs 2,968 2,154 8,380 5,962
Resort and conference center operations 8,767 8,910 26,738 22,833
Provision for doubtful accounts 975 103 3,050 277
Demolition costs 798 761 2,411 6,689
Development-related marketing costs 2,367 589 7,381 5,379
Depreciation and amortization 22,936 11,261 64,585 29,802
Interest income (10) (11) (29) (141)
Interest expense 8,002 4,917 22,124 10,889
Equity in Earnings from Real Estate and Other Affiliates (289) (202) (1,333) (2,774)
Total expenses 68,620 46,314 202,758 132,283
REP EBT (1,198) (472) (7,332) (1,070)
Operating Segments | Strategic Developments        
Segments reporting        
Minimum rents 78 137 822 473
Tenant recoveries 7 18 109 92
Condominium rights and unit sales 78,992 4,032 200,362 11,516
Other land revenues 5 9 17 26
Other rental and property revenues 29 17 68 472
Total revenues 79,111 4,213 201,378 12,579
Condominium rights and unit cost of sales 47,573 2,026 126,747 5,788
Other property operating costs 1,021 1,083 2,964 2,821
Rental property real estate taxes 461 843 1,720 1,955
Rental property maintenance costs 126 159 358 440
Provision for doubtful accounts 32 16 32 16
Demolition costs 226 (1) 226 22
Development-related marketing costs 5,272 5,798 12,095 10,530
Depreciation and amortization 528 445 2,145 1,483
Other expense (income) 435   101 (2,373)
Interest income (21)   (188)  
Interest expense (1,903) (3,198) (5,289) (9,828)
Equity in Earnings from Real Estate and Other Affiliates (6) (5,307) (1,831) (15,390)
Total expenses 53,744 1,864 139,080 (4,536)
REP EBT $ 25,367 $ 2,349 $ 62,298 $ 17,115