Investment in Real Estate (Tables)

9 Months Ended

Sep. 30, 2014

Real Estate [Abstract]

Real Estate by Property Type and Segment

Real estate by property type and segment includes the following:

	September 30, 2014		December 31, 2013
Operating property:
Residential real estate	$	1,544	$	2,071
Resorts, leisure and leasing operations	188,305		146,624
Forestry	18,367		58,170
Other	48		45
Total operating property	208,264		206,910
Development property:
Residential real estate	103,086		130,616
Commercial real estate	59,411		58,659
Resorts, leisure and leasing operations	1,772		28,737
Forestry	3,319		8,976
Corporate	2,478		2,366
Total development property	170,066		229,354
Investment in unconsolidated affiliates(1)	2,357		2,241
Total real estate investments	380,687		438,505
Less: Accumulated depreciation	56,623		53,496
Investment in real estate, net	$	324,064	$	385,009
(1)   Recorded in the Company’s resorts, leisure and leasing operation’s segment.