CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Revenues:
Condominium rights and unit sales	$ 305,284	$ 83,565	$ 32,969
Master Planned Community land sales	187,399	325,099	251,217
Minimum rents	150,805	97,234	81,668
Builder price participation	26,846	20,908	9,356
Tenant recoveries	39,542	28,353	21,068
Hospitality revenues	45,374	37,921	39,201
Other land revenues	14,803	16,503	13,416
Other rental and property revenues	27,035	24,982	20,523
Total revenues	797,088	634,565	469,418
Expenses:
Condominium rights and unit cost of sales	191,606	49,995	16,572
Master Planned Community cost of sales	88,065	119,672	124,040
Master Planned Community operations	44,907	41,794	38,414
Other property operating costs	72,751	67,034	65,723
Rental property real estate taxes	24,138	17,407	14,291
Rental property maintenance costs	10,712	9,135	8,083
Hospitality expenses	34,839	31,829	29,454
Provision for doubtful accounts	4,030	1,404	836
Demolition costs	3,297	6,734	2,078
Development-related marketing costs	25,466	22,783	5,880
General and administrative	81,345	73,569	48,466
Other income	(1,829)	(29,471)	(29,478)
Depreciation and amortization	98,997	55,958	33,845
Total expenses	678,324	467,843	358,204
Operating income	118,764	166,722	111,214
Interest income	586	22,531	3,185
Interest expense	(59,744)	(38,624)	(9,759)
Warrant liability gain (loss)	58,320	(60,520)	(181,987)
Gain on sale of The Club at Carlton Woods	29,073
Increase (reduction) in tax indemnity receivable		90	(1,206)
Loss on settlement of tax indemnity receivable		(74,095)
Equity in earnings from Real Estate and Other Affiliates	3,721	23,336	14,428
Income (loss) before taxes	150,720	39,440	(64,125)
Provision for income taxes	24,001	62,960	9,570
Net income (loss)	126,719	(23,520)	(73,695)
Net income attributable to noncontrolling interests		(11)	(95)
Net income (loss) attributable to common stockholders	$ 126,719	$ (23,531)	$ (73,790)
Basic income (loss) per share: (in dollars per share)	$ 3.21	$ (0.60)	$ (1.87)
Diluted income (loss) per share: (in dollars per share)	$ 1.60	$ (0.60)	$ (1.87)