CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Cash Flows from Operating Activities:
Net income	$ 166,623	$ 202,326	$ 126,719
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation	116,401	81,878	82,275
Amortization	15,851	13,986	16,722
Amortization of deferred financing costs	5,587	6,977	5,734
Amortization of intangibles other than in-place leases	(1,327)	(1,857)	462
Straight-line rent amortization	(5,401)	(7,401)	(4,985)
Deferred income taxes	(43,463)	113,698	21,152
Restricted stock and stock option amortization	7,385	6,707	7,284
Net gains on sales and acquisitions of properties	(78,568)	(166,520)	(29,073)
Loss on redemption of senior notes due 2021	46,410
Warrant liability loss (gain)	43,443	24,410	(58,320)
Equity in earnings from Real Estate and Other Affiliates, net of distributions	(9,325)	(19,329)	1,182
Provision for doubtful accounts	2,710	5,664	4,030
Master Planned Community land acquisitions	(4,391)	(94)	(7,293)
Master Planned Community development expenditures	(193,087)	(149,592)	(197,020)
Master Planned Community cost of sales	107,218	88,065	69,104
Condominium development expenditures	(352,813)	(330,720)	(191,313)
Condominium rights and unit cost of sales	338,361	319,325	191,606
Deferred rental income			46,366
Provision for impairment		35,734
Percentage of completion revenue recognition from sale of condominium rights and unit sales	(464,251)	(485,634)	(305,284)
Net changes:
Accounts receivable	24,034	29,295	50,228
Prepaid expenses and other assets	1,091	2,763	(1,869)
Change in restricted cash operating accounts	(9,418)
Condominium deposits received	315,901	465,701	81,881
Deferred expenses	(15,156)	(8,911)	(11,743)
Accounts payable and accrued expenses	8,181	(46,322)	29,867
Condominium deposits held in escrow	(315,901)	(465,701)	(81,881)
Condominium deposits released from escrow	613,692	348,745	177,724
Other, net	(755)	(4,278)	375
Cash provided by operating activities	319,032	58,915	23,930
Cash Flows from Investing Activities:
Property and equipment expenditures	(6,968)	(9,662)	(15,439)
Operating property improvements	(14,389)	(20,247)	(8,409)
Property developments and redevelopments	(369,086)	(402,669)	(578,506)
Reimbursement of development cost	12,777	4,582
Acquisition of assets	(23,299)	(25,480)
Proceeds from sales of properties	88,384	410,917	25,139
Proceeds from insurance claims		3,107
Investment in KR Holdings, LLC			9,121
Note issued to Real Estate and Other Affiliates and third party	(5,252)	(25,000)
Proceeds from repayment of note to Real Estate and Other Affiliate		25,000
Distributions from Real Estate and Other Affiliates		16,550
Investments in Real Estate and Other Affiliates, net	(1,138)	(11,056)	(2,171)
Change in restricted cash	(3,710)	(4,605)	(6,580)
Other			1,277
Cash used in investing activities	(322,681)	(38,563)	(575,568)
Cash Flows from Financing Activities:
Proceeds from mortgages, notes and loans payable	1,501,290	535,505	583,822
Principal payments on mortgages, notes and loans payable	(1,350,226)	(333,302)	(103,808)
Premium paid to redeem 2021 senior notes	(39,966)
Special Improvement District bond funds released from (held in) escrow	35,678	11,236	(39,241)
Deferred financing costs and bond issuance costs, net	(14,188)	(5,531)	(4,285)
Taxes paid on stock options exercised and restricted stock vested	(11,672)	(1,231)
Issuance of management warrants	52,000	1,000
Acquisition of 1% partnership interest in GG Dr, LLC		(8,000)
Stock options exercised	22,708	180
Issuance of noncontrolling interests	3,586
Preferred dividend payment on behalf of REIT subsidiary	(12)
Cash provided by financing activities	199,198	199,857	436,488
Net change in cash and cash equivalents	195,549	220,209	(115,150)
Cash and cash equivalents at beginning of period	665,510	445,301	560,451
Cash and cash equivalents at end of period	861,059	665,510	445,301
Supplemental Disclosure of Cash Flow Information:
Interest paid	129,022	123,687	99,296
Interest capitalized	73,207	64,344	47,221
Income taxes paid (refunded), net	(19,381)	11,191	3,318
Non-Cash Transactions:
Special Improvement District bond transfers associated with land sales	13,898	7,662	18,775
Property developments and redevelopments			2,530
Accrued interest on construction loan borrowing	1,559	4,386	2,863
MPC Land contributed to Real Estate Affiliate			15,234
Exercise of Sponsor and Management Warrants	375,581
Special Improvement District bond transfer to Real Estate Affiliate			(1,518)
Capitalized stock compensation	1,121	2,559	$ 2,526
Acquisitions
Developments		18,066
Prepaid and other assets		(10,597)
Mortgages, notes and loans payable		(2,834)
Other liabilities		(4,635)
Las Vegas 51s
Non-Cash Transactions:
Net assets acquired in the acquisition	31,804
Constellation
Non-Cash Transactions:
Net assets acquired in the acquisition	$ 41,744
Millennium Six Pines
Non-Cash Transactions:
Net assets acquired in the acquisition		$ 30,191