CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Revenues:
Real estate sales	$ 4,983	$ 3,482	$ 18,928	$ 8,694
Resort and club revenues	14,755	12,974	21,098	18,086
Timber sales	9,731	8,166	19,226	70,790
Other revenues	888	662	1,621	1,150
Total revenues	30,357	25,284	60,873	98,720
Expenses:
Cost of real estate sales	2,860	2,765	10,525	4,545
Cost of resort and club revenues	11,508	10,996	18,372	17,570
Cost of timber sales	6,184	5,956	12,520	12,196
Cost of other revenues	550	537	1,247	1,030
Other operating expenses	4,253	6,259	7,994	13,269
Corporate expense, net	4,894	8,278	9,325	26,525
Depreciation and amortization	2,457	3,446	4,785	9,950
Impairment losses		1,697		2,479
Restructuring charges	18	5,926	73	10,402
Total expenses	32,724	45,860	64,841	97,966
Operating (loss) income	(2,367)	(20,576)	(3,968)	754
Other income (expense):
Investment income, net	332	165	808	372
Interest expense	(657)	(985)	(1,488)	(1,982)
Other, net	2,852	1,123	4,588	2,250
Total other income	2,527	303	3,908	640
Income (loss) from operations before equity in (loss) of unconsolidated affiliates and income taxes	160	(20,273)	(60)	1,394
Equity in loss of unconsolidated affiliates	(9)	(16)	(20)	(40)
Income tax (benefit) expense	(22)	(6,946)	625	607
Net income (loss)	173	(13,343)	(705)	747
Less: Net (loss) attributable to noncontrolling interest	(3)	(7)	(9)	(16)
Net income (loss) attributable to the Company	$ 176	$ (13,336)	$ (696)	$ 763
Basic
Weighted average shares outstanding	92,293,017	92,207,304	92,279,035	92,401,380
Net income (loss) attributable to the Company		$ (0.14)	$ (0.01)	$ 0.01
Diluted
Weighted average shares outstanding	92,293,017	92,207,304	92,279,035	92,408,384
Net (loss) income attributable to the Company		$ (0.14)	$ (0.01)	$ 0.01