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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
CASH FLOWS FROM OPERATING ACTIVITIES      
Net loss from continuing operations $ (29,867) $ (80,692) $ (143,345)
Adjustments to reconcile net loss from continuing operations to net cash (used for) provided by operating activities:      
Depreciation and amortization 11,312 16,399 23,211
Inventory and other asset impairments and write-offs 17,319 41,938 187,257
Loss (income) on early extinguishment of debt, net 1,608 19,308 (10,573)
Gain on sale of marketable securities (2,141) (3,189) (963)
Deferred tax valuation allowance 20,243 32,740 2,132
Stock-based compensation expense 9,671 11,528 10,084
Changes in assets and liabilities:      
(Increase) decrease in inventories (85,520) (112,053) 181,696
Net change in other assets, payables and other liabilities (99,305) 6,946 38,760
Excess tax benefits from stock-based compensation 0 0 (580)
Other operating activities, net (988) (457) (9,750)
Net cash (used for) provided by operating activities from continuing operations (157,668) (67,532) 277,929
CASH FLOWS FROM INVESTING ACTIVITIES      
Return of investment in (contributions to) unconsolidated joint ventures, net 1,955 (4,043) 11,482
Additions to property, plant and equipment (10,964) (12,423) (1,979)
Purchases of marketable securities, available-for-sale (1,308,572) (1,720,473) (1,273,997)
Proceeds from sales and maturities of marketable securities, available-for-sale 1,399,774 1,742,913 821,589
Other investing activities, net 118 10 91
Net cash provided by (used for) investing activities from continuing operations 82,311 5,984 (442,814)
CASH FLOWS FROM FINANCING ACTIVITIES      
Cash proceeds of long-term debt 0 300,000 225,414
Retirement of long-term debt (52,917) (300,554) (88,239)
Borrowings (repayments) against revolving credit facilities, net 49,933 0 (22,125)
(Decrease) increase in short-term borrowings (5,110) 7,001 (12,140)
Common stock dividends (5,405) (5,367) (5,272)
Issuance of common stock under stock-based compensation 3,622 4,851 4,512
Excess tax benefits from stock-based compensation 0 0 580
Decrease (increase) in restricted cash 17,989 (2,935) (41,853)
Net cash provided by financing activities from continuing operations 8,112 2,996 60,877
Net decrease in cash and cash equivalents from continuing operations (67,245) (58,552) (104,008)
Cash flows from operating activities-discontinued operations 469 2,052 6,145
Cash flows from investing activities-discontinued operations (363) (551) 0
Cash flows from financing activities-discontinued operations (89) (1,501) (6,624)
Cash and cash equivalents at beginning of period 226,647 [1],[2] 285,199 [1],[2] 389,686 [1]
CASH AND CASH EQUIVALENTS AT END OF PERIOD 159,419 [2] 226,647 [1],[2] 285,199 [1],[2]
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION FROM CONTINUING OPERATIONS      
Cash paid for interest, net of capitalized interest 22,949 27,389 15,184
Cash paid (refunds received) for income taxes 1,343 (99,320) (165,334)
SUPPLEMENTAL DISCLOSURES OF NONCASH ACTIVITIES FROM CONTINUING OPERATIONS      
Decrease (increase) in consolidated inventory not owned related to land options 27,583 (61,806) 13,574
Decrease in debt related to common stock-for-senior debt exchange $ 0 $ 0 $ 15,500
[1] Includes cash and cash equivalents associated with discontinued operations of $39,000 at December 31, 2010 and 2009, and $518,000 at December 31, 2008.
[2] Includes cash and cash equivalents associated with discontinued operations of $56,000 at December 31, 2011, and $39,000 at December 31, 2010 and 2009.