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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
PROPERTIES:    
Operating properties, net of accumulated depreciation of $247,774 and $289,473 in 2012 and 2011, respectively $ 674,615 $ 884,652
Projects under development 24,668 11,325
Land held 51,217 54,132
Residential lots 11,965 13,195
Other 431 637
Total properties 762,896 963,941
OPERATING PROPERTIES AND RELATED ASSETS HELD FOR SALE, net of accumulated depreciation of $46,936 in 2012 174,054 0
CASH AND CASH EQUIVALENTS 5,469 4,858
RESTRICTED CASH 2,749 4,929
NOTES AND OTHER RECEIVABLES, net of allowance for doubtful accounts of $1,207 and $5,100 in 2012 and 2011, respectively 11,163 11,359
DEFERRED RENTS RECEIVABLE 37,840 37,141
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES 139,782 160,587
OTHER ASSETS 65,148 52,720
TOTAL ASSETS 1,199,101 1,235,535
LIABILITIES AND EQUITY    
NOTES PAYABLE 518,630 539,442
ACCOUNTS PAYABLE AND OTHER LIABILITIES 40,073 38,592
DEFERRED INCOME 12,498 17,343
TOTAL LIABILITIES 571,201 595,377
COMMITMENTS AND CONTINGENT LIABILITIES      
REDEEMABLE NONCONTROLLING INTERESTS 0 2,763
Preferred stock, 20,000,000 shares authorized, $1 par value:    
Common stock, $1 par value, 250,000,000 shares authorized, 107,705,782 and 107,272,078 shares issued in 2012 and 2011, respectively 107,706 107,272
Additional paid-in capital 689,194 687,835
Treasury stock at cost, 3,570,082 shares in 2012 and 2011 (86,840) (86,840)
Distributions in excess of cumulative net income (285,508) (274,177)
TOTAL STOCKHOLDERS' INVESTMENT 594,154 603,692
Nonredeemable noncontrolling interests 33,746 33,703
TOTAL EQUITY 627,900 637,395
TOTAL LIABILITIES AND EQUITY 1,199,101 1,235,535
Series A Preferred Stock [Member]
   
Preferred stock, 20,000,000 shares authorized, $1 par value:    
7.75% Series A cumulative redeemable preferred stock, $25 liquidation preference; 2,993,090 shares issued and outstanding in 2012 and 2011 and 7.50% Series B cumulative redeemable preferred stock, $25 liquidation preference; 3,791,000 shares issued and outstanding in 2012 and 2011 74,827 74,827
Series B Preferred Stock [Member]
   
Preferred stock, 20,000,000 shares authorized, $1 par value:    
7.75% Series A cumulative redeemable preferred stock, $25 liquidation preference; 2,993,090 shares issued and outstanding in 2012 and 2011 and 7.50% Series B cumulative redeemable preferred stock, $25 liquidation preference; 3,791,000 shares issued and outstanding in 2012 and 2011 $ 94,775 $ 94,775