Investment In Real Estate (Tables)

6 Months Ended

Jun. 30, 2011

Investment In Real Estate

Real Estate Investment By Segment

	June 30, 2011		December 31, 2010
Operating property:
Residential real estate	$	179,337	$	178,417
Commercial real estate		1,982		—
Rural land sales		139		139
Forestry		57,479		60,339
Other		510		510
Total operating property		239,447		239,405
Development property:
Residential real estate		473,170		478,278
Commercial real estate		67,896		65,465
Rural land sales		7,396		7,446
Other		306		306
Total development property		548,768		551,495
Investment property:
Commercial real estate		1,753		1,753
Rural land sales		—		—
Forestry		952		952
Other		5,901		5,901
Total investment property		8,606		8,606
Investment in unconsolidated affiliates:
Residential real estate		2,272		(2,122	)
Total real estate investments		799,093		797,384
Less: Accumulated depreciation		44,288		41,992
Investment in real estate	$	754,805	$	755,392