CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash Flows from Operating Activities:
Net income (loss)	$ 100,838	$ (55,449)
Adjustments to reconcile net income (loss) to cash provided by operating activities:
Depreciation	58,257	31,330
Amortization	13,320	3,670
Amortization of deferred financing costs	4,104	2,927
Amortization of intangibles other than in-place leases	679	462
Straight-line rent amortization	(3,255)	1,113
Deferred income taxes	23,065	47,925
Restricted stock and stock option amortization	5,269	5,940
Gain on disposition of assets	(29,073)	(2,373)
Warrant liability (gain) loss	(57,450)	139,120
Reduction (increase) in tax indemnity receivable		5,473
Interest income related to tax indemnity		(18,856)
Equity in earnings from Real Estate and Other Affiliates, net of distributions	1,426	(14,666)
Provision for doubtful accounts	3,082	293
Master Planned Community land acquisitions	(6,028)	(69,930)
Master Planned Community development expenditures	(129,298)	(93,080)
Master Planned Community cost of sales	65,692	86,044
Condominium development expenditures	(137,369)	(34,358)
Condominium and other cost of sales	126,747	5,788
Percentage of completion revenue recognition from sale of condominium rights and units	(200,362)	(11,516)
Non-monetary consideration related to land transactions		(13,789)
Deferred rental income	37,472
Net changes:
Accounts and notes receivable	(1,192)	26,188
Prepaid expenses and other assets	(9,838)	(3,436)
Condominium deposits received	52,001	125,002
Deferred expenses	(5,562)	(32,028)
Accounts payable and accrued expenses	39,065	18,055
Condominium deposits held in escrow	(52,001)	(125,002)
Condominium deposits released from escrow	132,086
Other, net	969	(8,888)
Cash provided by operating activities	32,644	15,959
Cash Flows from Investing Activities:
Property and equipment expenditures	(9,505)	(6,213)
Operating property improvements	(5,856)	(3,581)
Property developments and redevelopments	(488,713)	(467,497)
Proceeds from insurance claims		12,901
Proceeds from dispositions	25,139	11,953
Distribution from KR Holdings, LLC	9,121
Investments in Real Estate and Other Affiliates, net	(635)	(3,929)
Change in restricted cash	(1,568)	(8,136)
Other	1,263	(1,484)
Cash used in investing activities	(470,754)	(465,986)
Cash Flows from Financing Activities:
Proceeds from mortgages, notes and loans payable	370,342	414,046
Principal payments on mortgages, notes and loans payable	(40,066)	(45,443)
Deferred financing costs	(1,970)	(7,906)
Preferred dividend payment on behalf of REIT subsidiary		(12)
Cash provided by (used in) financing activities	328,306	360,685
Net change in cash and cash equivalents	(109,804)	(89,342)
Cash and cash equivalents at beginning of period	560,451	894,948
Cash and cash equivalents at end of period	450,647	805,606
Supplemental Disclosure of Cash Flow Information:
Interest paid	60,805	49,617
Interest capitalized	35,237	34,760
Income taxes paid	2,593	1,487
Non-Cash Transactions:
Special Improvement District bond transfers associated with land sales	2,114	7,496
property developments and redevelopments	(15,747)	59,819
Accrued interest included in construction loan payable	1,616
MPC Land contributed to Real Estate Affiliate	15,234
Special Improvement District bond transfers to Real Estate Affiliates	(1,518)
Capitalized stock compensation	$ 2,072
Acquisition of 1701 Lake Robbins:
Land		(1,663)
Building		(3,752)
Other assets		(848)
Mortgages, notes and loans payable		4,600
Other liabilities		$ 152