CONSOLIDATED STATEMENTS OF OPERATIONS (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Revenues:
Real estate sales	$ 32,082	$ 5,677	$ 51,010	$ 14,371
Resort and club revenues	13,089	12,023	34,187	30,109
Timber sales	9,558	8,186	28,784	78,976
Other revenues	1,178	859	2,799	2,009
Total revenues	55,907	26,745	116,780	125,465
Expenses:
Cost of real estate sales	14,391	3,624	24,916	8,169
Cost of resort and club revenues	10,918	10,576	29,290	28,146
Cost of timber sales	5,496	5,123	18,016	17,319
Cost of other revenues	693	728	1,941	1,759
Other operating expenses	3,443	4,692	11,438	17,961
Corporate expense, net	3,188	2,832	12,513	29,357
Depreciation and amortization	2,400	3,020	7,185	12,970
Impairment losses				2,479
Restructuring charges	18	348	91	10,750
Total expenses	40,547	30,943	105,390	128,910
Operating income (loss)	15,360	(4,198)	11,390	(3,445)
Other income (expense):
Investment income, net	375	436	1,182	808
Interest expense	(916)	(1,077)	(2,404)	(3,059)
Other, net	891	940	5,482	3,190
Total other income	350	299	4,260	939
Income (loss) from operations before equity in loss of unconsolidated affiliates and income taxes	15,710	(3,899)	15,650	(2,506)
Equity in loss of unconsolidated affiliates	(20)	(11)	(40)	(51)
Income tax (benefit) expense	357	(1,473)	982	(867)
Net income (loss)	15,333	(2,437)	14,628	(1,690)
Less: Net loss attributable to noncontrolling interest	(7)	(6)	(16)	(22)
Net income (loss) attributable to the Company	$ 15,340	$ (2,431)	$ 14,644	$ (1,668)
Basic
Weighted average shares outstanding	92,292,053	92,190,064	92,275,790	92,243,345
Net income (loss) attributable to the Company	$ 0.17	$ (0.03)	$ 0.16	$ (0.02)
Diluted
Weighted average shares outstanding	92,293,138	92,190,064	92,276,226	92,243,345
Net income (loss) attributable to the Company	$ 0.17	$ (0.03)	$ 0.16	$ (0.02)