CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Revenues:
Condominium rights and unit sales	$ 464,251	$ 485,634	$ 305,284
Master Planned Community land sales	248,595	215,318	187,399
Minimum rents	183,025	173,268	150,760
Tenant recoveries	45,814	44,330	39,542
Hospitality revenues	76,020	62,252	45,374
Builder price participation	22,835	21,386	26,846
Other land revenues	28,166	16,232	14,803
Other rental and property revenues	31,414	16,585	27,080
Total revenues	1,100,120	1,035,005	797,088
Expenses:
Condominium rights and unit cost of sales	338,361	319,325	191,606
Master Planned Community cost of sales	121,116	95,727	88,065
Master Planned Community operations	38,777	42,371	44,907
Other property operating costs	91,729	65,978	72,751
Rental property real estate taxes	29,185	26,847	24,138
Rental property maintenance costs	13,432	12,392	10,712
Hospitality operating costs	56,362	49,359	34,839
Provision for doubtful accounts	2,710	5,664	4,030
Demolition costs	1,923	2,212	3,297
Development-related marketing costs	20,504	22,184	25,466
General and administrative	89,882	86,588	81,345
Depreciation and amortization	132,252	95,864	98,997
Total expenses	936,233	824,511	680,153
Operating income before other items	163,887	210,494	116,935
Other:
Provision for impairment		(35,734)
Gains on sales of properties	51,367	140,549
Other (loss) income, net	3,248	11,453	1,829
Total other	54,615	116,268	1,829
Operating income	218,502	326,762	118,764
Interest income	4,043	1,359	586
Interest expense	(64,568)	(65,724)	(59,744)
Loss on redemption of senior notes due 2021	(46,410)
Warrant liability (loss) gain	(43,443)	(24,410)	58,320
Gain on acquisition of joint venture partner's interest	23,332	27,088
Gain (loss) on disposal of operating assets	3,868	(1,117)	29,073
Equity in earnings from Real Estate and Other Affiliates	25,498	56,818	3,721
Income before taxes	120,822	320,776	150,720
(Benefit) provision for income taxes	45,801	(118,450)	(24,001)
Net income	166,623	202,326	126,719
Net loss (income) attributable to noncontrolling interests	1,781	(23)
Net income attributable to common stockholders	$ 168,404	$ 202,303	$ 126,719
Basic income per share: (in dollars per share)	$ 4.07	$ 5.12	$ 3.21
Diluted income per share: (in dollars per share)	$ 3.91	$ 4.73	$ 1.60