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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income (loss) from continuing operations $ 42,382 $ (29,867) $ (80,692)
Adjustments to reconcile net income (loss) from continuing operations to net cash used for operating activities:      
Depreciation and amortization 15,399 11,312 16,399
Inventory and other asset impairments and write-offs 6,262 17,319 41,938
Loss on early extinguishment of debt, net 9,146 1,608 19,308
Gain on sale of marketable securities (1,482) (2,141) (3,189)
(Decrease) increase in deferred tax valuation allowance (11,584) 20,243 32,740
Stock-based compensation expense 17,841 9,671 11,528
Changes in assets and liabilities:      
Increase in inventories (301,643) (85,520) (112,053)
Net change in other assets, payables and other liabilities 23,596 (99,305) 6,946
Other operating activities, net (792) (988) (457)
Net cash used for operating activities from continuing operations (200,875) (157,668) (67,532)
CASH FLOWS FROM INVESTING ACTIVITIES      
Return of investment in (contributions to) unconsolidated joint ventures, net 2,310 1,955 (4,043)
Additions to property, plant and equipment (12,710) (10,964) (12,423)
Purchases of marketable securities, available-for-sale (1,174,314) (1,308,572) (1,720,473)
Proceeds from sales and maturities of marketable securities, available-for-sale 1,136,946 1,399,774 1,742,913
Other investing activities 109 118 10
Net cash (used for) provided by investing activities from continuing operations (47,659) 82,311 5,984
CASH FLOWS FROM FINANCING ACTIVITIES      
Cash proceeds of long-term debt 475,000 0 300,000
Retirement of long-term debt (177,219) (52,917) (300,554)
(Decrease) increase in borrowings against revolving credit facilities, net (49,933) 49,933 0
Increase (decrease) in short-term borrowings 2,154 (5,110) 7,001
Common stock dividends (5,411) (5,405) (5,367)
Issuance of common stock under stock-based compensation 14,366 3,622 4,851
(Increase) decrease in restricted cash (13,844) 17,989 (2,935)
Net cash provided by financing activities from continuing operations 245,113 8,112 2,996
Net decrease in cash and cash equivalents from continuing operations (3,421) (67,245) (58,552)
Cash flows from operating activities-discontinued operations (104) 469 2,052
Cash flows from investing activities-discontinued operations 75 (363) (551)
Cash flows from financing activities-discontinued operations 0 (89) (1,501)
Cash and cash equivalents at beginning of period 159,169 [1],[2] 226,397 [1],[2] 284,949 [1]
CASH AND CASH EQUIVALENTS AT END OF PERIOD 155,719 [2] 159,169 [1],[2] 226,397 [1],[2]
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION FROM CONTINUING OPERATIONS      
Cash paid for interest, net of capitalized interest (12,777) (22,949) (27,389)
Cash (paid) refunds received for income taxes (404) (1,343) 99,320
SUPPLEMENTAL DISCLOSURES OF NONCASH ACTIVITIES FROM CONTINUING OPERATIONS      
Decrease (increase) in consolidated inventory not owned related to land options $ 12,399 $ 27,583 $ (61,806)
[1] 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.
[2] Includes cash and cash equivalents associated with discontinued operations of $27,000, $56,000, and $39,000 at December 31, 2012, 2011 and 2010, respectively.