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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues $ 276,594 [1] $ 291,180 [1] $ 534,200 [1] $ 551,558 [1]
Expenses:        
Cost of goods sold 211,752 [1] 231,073 [1] 411,933 [1] 436,250 [1]
Operating, selling, administrative and general expenses 23,914 22,140 47,893 45,865
Operating (loss) income 40,928 37,967 74,374 69,443
Other income (expenses):        
Interest expense (26,509) (25,082) (52,761) (50,010)
Change in fair value of derivatives embedded within convertible debt (6,003) 9,437 (27,060) 8,862
Acceleration of interest expense related to debt conversion (7,888) (1,217) (7,888) (1,217)
Gain on sale of investment securities available for sale 0 1,506 0 14,541
Gain on liquidation of long-term investments 0 19,475 0 23,611
Gain on sales of townhomes 0 577 0 3,712
Other, net 583 140 515 216
Income (loss) before provision for income taxes 5,128 48,846 (6,054) 80,868
Income tax expense (benefit) 1,233 18,545 (2,259) 31,194
Net income (loss) 3,895 30,301 (3,795) 49,674
Per basic common share:        
Net income (loss) applicable to common shares $ 0.05 $ 0.38 $ (0.05) $ 0.62
Per diluted common share:        
Net income (loss) applicable to common shares $ 0.05 $ 0.34 $ (0.05) $ 0.61
Cash distributions and dividends declared per share $ 0.40 $ 0.38 $ 0.80 $ 0.76
Estate [Member]
       
Other income (expenses):        
Equity income from non-consolidated real estate businesses 5,232 6,197 8,095 11,101
Equity (loss) income on long-term investments 5,232 6,197 8,095 11,101
Long Term Investment [Member]
       
Other income (expenses):        
Equity income from non-consolidated real estate businesses (1,215) (154) (1,329) 609
Equity (loss) income on long-term investments $ (1,215) $ (154) $ (1,329) $ 609
[1] Revenues and Cost of goods sold include excise taxes of $130,967, $142,934, $252,892 and $270,568, respectively.