CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash Flows from Operating Activities:
Net income (loss)	$ 158,731	$ 100,838
Adjustments to reconcile net income (loss) to cash used in operating activities:
Depreciation	60,834	58,257
Amortization	10,412	13,320
Amortization of deferred financing costs	5,385	4,104
Amortization of intangibles other than in-place leases	(1,333)	679
Straight-line rent amortization	(6,668)	(3,255)
Deferred income taxes	102,088	23,065
Restricted stock and stock option amortization	6,324	5,269
Gain on disposition of assets	(140,549)	(29,073)
Gain on acquisition of partner's interest in Millennium Six Pines Apartments	(27,087)
Warrant liability loss (gain)	21,630	(57,450)
Equity in earnings from Real Estate and Other Affiliates, net of distributions	(21,952)	1,426
Provision for doubtful accounts	4,629	3,082
Master Planned Community land acquisitions	(69)	(6,028)
Master Planned Community development expenditures	(106,501)	(129,298)
Master Planned Community cost of sales	60,600	65,692
Condominium development expenditures	(245,547)	(137,369)
Condominium rights and unit cost of sales	237,759	126,747
Provision for impairment	35,734
Deferred rental income		37,472
Percentage of completion revenue recognition from sale of condominium rights and unit sales	(362,613)	(200,362)
Net changes:
Accounts and notes receivable	(33)	(1,192)
Prepaid expenses and other assets	(753)	(9,838)
Condominium deposits received	440,076	52,001
Deferred expenses	(3,349)	(5,562)
Accounts payable and accrued expenses	(19,019)	39,065
Condominium deposits held in escrow	(440,076)	(52,001)
Condominium deposits released from escrow	17,574	132,086
Other, net	(4,533)	969
Cash provided by (used in) operating activities	(218,306)	32,644
Cash Flows from Investing Activities:
Property and equipment expenditures	(8,649)	(9,505)
Operating property improvements	(12,184)	(5,856)
Property developments and redevelopments	(301,843)	(488,713)
Proceeds from grant to reimburse development costs	4,945
Proceeds from dispositions	378,257	25,139
Proceeds from insurance claims	3,107
Investment in KR Holdings, LLC		9,121
Acquisition of partner's interest in Millennium Six Pines Apartments (net of cash acquired)	(3,105)
Distributions from Real Estate and Other Affiliates	16,550
Note issued to Real Estate Affiliate	(25,000)
Proceeds from repayment of note to Real Estate Affiliate	25,000
Investments in Real Estate and Other Affiliates, net	(10,947)	(635)
Change in restricted cash	(215)	(1,568)
Other		1,263
Cash provided by (used in) investing activities	65,916	(470,754)
Cash Flows from Financing Activities:
Proceeds from mortgages, notes and loans payable	422,661	370,342
Principal payments on mortgages, notes and loans payable	(62,996)	(40,066)
Special Improvement District bond funds held in escrow	6,258
Deferred financing costs	(4,678)	(1,970)
Taxes paid on vested restricted stock	(1,295)
Stock Options Exercised	180
Cash provided by financing activities	360,130	328,306
Net change in cash and cash equivalents	207,740	(109,804)
Cash and cash equivalents at beginning of period	445,301	560,451
Cash and cash equivalents at end of period	653,041	450,647
Supplemental Disclosure of Cash Flow Information:
Interest paid	77,666	60,805
Interest capitalized	46,198	35,237
Income taxes paid	6,234	2,593
Non-Cash Transactions:
Special Improvement District bond transfers associated with land sales	5,528	2,114
Property developments and redevelopments		(15,747)
Accrued interest on construction loan borrowing	3,748	1,616
MPC Land contributed to Real Estate Affiliate		15,234
Special Improvement District bond transfer to Real Estate Affiliate		(1,518)
Capitalized stock compensation	2,008	$ 2,072
Acquisition of Millennium Six Pines Apartments
Land	(11,225)
Building	(54,492)
Other assets	(1,261)
Mortgages, notes and loans payable	37,700
Other liabilities	$ (913)