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Condensed Consolidated Balance Sheets (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
PROPERTIES:  
Operating properties, net of accumulated depreciation of $286,399 and $274,925 in 2011 and 2010, respectively$ 826,015$ 898,119
Projects under development8,6460
Land held for investment or future development115,521123,879
Residential lots63,83563,403
Other7382,994
Total properties1,014,7551,088,395
CASH AND CASH EQUIVALENTS5,6347,599
RESTRICTED CASH5,51415,521
NOTES AND OTHER RECEIVABLES, net of allowance for doubtful accounts of $5,423 and $6,287 in 2011 and 2010, respectively50,61048,395
INVESTMENT IN UNCONSOLIDATED JOINT VENTURES181,947167,108
OTHER ASSETS35,91644,264
TOTAL ASSETS1,294,3761,371,282
LIABILITIES AND EQUITY  
NOTES PAYABLE462,134509,509
ACCOUNTS PAYABLE AND ACCRUED LIABILITIES30,73232,388
DEFERRED GAIN4,0394,216
DEPOSITS AND DEFERRED INCOME16,76618,029
TOTAL LIABILITIES513,671564,142
COMMITMENTS AND CONTINGENT LIABILITIES  
REDEEMABLE NONCONTROLLING INTERESTS9,38614,289
Preferred stock, 20,000,000 shares authorized, $1 par value:  
Common stock, $1 par value, 250,000,000 shares authorized, 107,283,665 and 106,961,959 shares issued in 2011 and 2010, respectively107,284106,962
Additional paid-in capital686,108684,551
Treasury stock at cost, 3,570,082 shares in 2011 and 201086,84086,840
Distributions in excess of cumulative net income(140,553)(114,196)
TOTAL STOCKHOLDERS' INVESTMENT735,601760,079
Nonredeemable noncontrolling interests35,71832,772
TOTAL EQUITY771,319792,851
TOTAL LIABILITIES AND EQUITY1,294,3761,371,282
Series A Preferred Stock [Member]
  
Preferred stock, 20,000,000 shares authorized, $1 par value:  
Cumulative redeemable preferred stock74,82774,827
Series B Preferred Stock [Member]
  
Preferred stock, 20,000,000 shares authorized, $1 par value:  
Cumulative redeemable preferred stock$ 94,775$ 94,775