CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Revenues:
Real estate sales	$ 3,910	$ 12,823	$ 630,524	$ 27,859
Resort, leisure and leasing revenues	18,976	16,309	45,373	42,384
Timber sales	1,061	7,695	10,300	27,145
Total revenues	23,947	36,827	686,197	97,388
Expenses:
Cost of real estate sales	1,924	6,979	84,202	15,721
Cost of resort, leisure and leasing revenues	14,472	12,515	36,249	33,460
Cost of timber sales	243	4,821	4,337	16,661
Other operating expenses	2,516	2,572	9,778	8,710
Corporate expense	3,953	4,245	12,477	13,123
Administrative costs associated with special purpose entities	0	0	3,746	0
Depreciation, depletion and amortization	2,174	2,312	6,213	6,972
Total expenses	25,282	33,444	157,002	94,647
Operating (loss) income	(1,335)	3,383	529,195	2,741
Other income (expense):
Investment income, net	3,367	595	7,592	1,008
Interest expense	(2,950)	(524)	(5,839)	(1,392)
Other, net	387	906	1,734	2,250
Total other income	804	977	3,487	1,866
(Loss) income before equity in loss from unconsolidated affiliates and income taxes	(531)	4,360	532,682	4,607
Equity in loss from unconsolidated affiliates	(11)	(12)	(32)	(39)
Income tax benefit (expense)	386	(158)	(115,209)	(158)
Net (loss) income	(156)	4,190	417,441	4,410
Net loss attributable to non-controlling interest	106	8	112	20
Net (loss) income attributable to the Company	$ (50)	$ 4,198	$ 417,553	$ 4,430
Basic and Diluted
Weighted average shares outstanding (in shares)	92,295,213	92,284,532	92,297,467	92,285,161
Net income per share attributable to the Company (in dollars per share)	$ 0.00	$ 0.05	$ 4.52	$ 0.05