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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues:      
Real estate sales $ 56,012 $ 20,343 $ 39,251
Resort, leisure and leasing revenues 44,407 38,239 31,448
Timber sales 38,977 86,703 28,841
Total revenues 139,396 145,285 99,540
Expenses:      
Cost of real estate sales 28,193 11,518 8,868
Cost of resort, leisure and leasing revenues 39,083 37,093 33,221
Cost of timber sales 24,000 22,861 20,199
Other operating expenses 15,321 22,252 34,783
Corporate expense, net 15,941 27,785 26,178
Depreciation, depletion and amortization 10,110 15,840 13,657
Impairment losses 2,551 377,325 4,799
Pension charges 2,063 5,871 4,138
Restructuring charges   11,547 5,251
Total expenses 137,262 532,092 151,094
Operating income (loss) 2,134 (386,807) (51,554)
Other income (expense):      
Investment income, net 1,219 1,130 1,470
Interest expense (2,820) (3,921) (8,612)
Other, net 5,890 3,725 3,250
Total other income (expense) 4,289 934 (3,892)
Income (loss) from operations before equity in loss from unconsolidated affiliates and income taxes 6,423 (385,873) (55,446)
Equity in loss from unconsolidated affiliates (46) (93) (4,308)
Income tax expense (benefit) 387 (55,658) (23,849)
Net income (loss) 5,990 (330,308) (35,905)
Less: Net loss attributable to non-controlling interest (22) (29) (41)
Net income (loss) attributable to the Company $ 6,012 $ (330,279) $ (35,864)
Basic and Diluted      
Net income (loss) attributable to the Company $ 0.07 $ (3.58) $ (0.39)
Basic and diluted average shares outstanding 92,258,110 92,235,360 91,674,346