ACCOUNTING POLICIES AND PRONOUNCEMENTS ACCOUNTING POLICIES AND PRONOUNCEMENTS (Tables)

3 Months Ended

Mar. 31, 2018

Accounting Policies [Abstract]

Schedule of Disaggregation of Revenue

The following table presents HHC revenues disaggregated by revenue source:

	Three Months Ended
(In thousands)	March 31, 2018
Revenues
From contracts with customers
Recognized at a point in time:
Condominium rights and unit sales	$	10,837
Master Planned Community land sales	46,565
Hospitality revenues	23,061
Builder price participation	5,081
Total revenue from contracts with customers	85,544
Recognized at a point in time and/or over time:
Other land revenues	4,131
Other rental and property revenues	9,849
Total other income	13,980
Rental and other income (lease-related revenues)
Minimum rents	49,395
Tenant recoveries	12,760
Total rental income	62,155
Total revenues	$	161,679
Revenues by segment
Master Planned Community Revenue	$	55,765
Operating Segment Revenue	91,258
Strategic Developments Revenue	14,656
Total revenues	$	161,679

Schedule of Contract with Customer, Asset and Liability

The beginning and ending balances of contract liabilities and significant activity during the period is as follows:

	Contract
(In thousands)	Liabilities
Balance as of January 1, 2018	$	179,179
Consideration earned during the period	(8,067		)
Consideration received during the period	44,043
Balance as of March 31, 2018	$	215,155

Schedule of Remaining Unsatisfied Performance Obligations

The Company expects to recognize this amount as revenue over the following periods:

(In thousands)	Less than 1 year		1-2 years		3 years and thereafter
Total remaining unsatisfied performance obligations	$	690,059	$	202,716	$	234,609