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Condensed Consolidated Balance Sheets (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
PROPERTIES:    
Operating properties, net of accumulated depreciation of $298,085 and $274,925 in 2011 and 2010, respectively $ 868,155 $ 898,119
Land held for investment or future development 120,557 123,879
Residential lots 63,725 63,403
Other 738 2,994
Total properties 1,053,175 1,088,395
CASH AND CASH EQUIVALENTS 4,349 7,599
RESTRICTED CASH 14,544 15,521
NOTES AND OTHER RECEIVABLES, net of allowance for doubtful accounts of $5,646 and $6,287 in 2011 and 2010, respectively 50,405 48,395
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES 179,149 167,108
OTHER ASSETS 35,510 44,264
TOTAL ASSETS 1,337,132 1,371,282
LIABILITIES AND EQUITY    
NOTES PAYABLE 498,034 509,509
ACCOUNTS PAYABLE AND ACCRUED LIABILITIES 35,710 32,388
DEFERRED GAIN 4,098 4,216
DEPOSITS AND DEFERRED INCOME 17,419 18,029
TOTAL LIABILITIES 555,261 564,142
COMMITMENTS AND CONTINGENT LIABILITIES    
REDEEMABLE NONCONTROLLING INTERESTS 9,444 14,289
Preferred stock, 20,000,000 shares authorized, $1 par value:    
Common stock, $1 par value, 250,000,000 shares authorized, 107,283,901 and 106,961,959 shares issued in 2011 and 2010, respectively 107,284 106,962
Additional paid-in capital 685,577 684,551
Treasury stock at cost, 3,570,082 shares in 2011 and 2010 (86,840) (86,840)
Distributions in excess of cumulative net income (136,075) (114,196)
TOTAL STOCKHOLDERS' INVESTMENT 739,548 760,079
Nonredeemable noncontrolling interests 32,879 32,772
TOTAL EQUITY 772,427 792,851
TOTAL LIABILITIES AND EQUITY 1,337,132 1,371,282
Series A Preferred Stock [Member]
   
Preferred stock, 20,000,000 shares authorized, $1 par value:    
Cumulative redeemable preferred stock 74,827 74,827
Series B Preferred Stock [Member]
   
Preferred stock, 20,000,000 shares authorized, $1 par value:    
Cumulative redeemable preferred stock $ 94,775 $ 94,775