Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2012		Jun. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss) from continuing operations	$ 3,028		$ (27,240)
Adjustments to reconcile net income (loss) from continuing operations to net cash used for operating activities:
Depreciation and amortization	6,433		5,423
Inventory and other asset impairments and write-offs	2,454		14,922
Loss on early extinguishment of debt, net	0		857
Gain on sale of marketable securities	(336)		(1,685)
(Decrease) increase in deferred tax valuation allowance	(2,397)		11,503
Stock-based compensation expense	7,219		5,050
Changes in assets and liabilities:
Increase in inventories	(98,847)		(65,317)
Net change in other assets, payables and other liabilities	28,107		(38,499)
Other operating activities, net	(784)		(371)
Net cash used for operating activities from continuing operations	(55,123)		(95,357)
CASH FLOWS FROM INVESTING ACTIVITIES
Return of investment in unconsolidated joint ventures, net	1,871		1,062
Additions to property, plant and equipment	(5,434)		(5,595)
Purchases of marketable securities, available-for-sale	(469,690)		(700,135)
Proceeds from sales and maturities of marketable securities, available-for-sale	508,687		780,594
Other investing activities	(10)		30
Net cash provided by investing activities from continuing operations	35,424		75,956
CASH FLOWS FROM FINANCING ACTIVITIES
Cash proceeds of long-term debt	225,000		0
Retirement of long-term debt	0		(28,222)
Increase in borrowings against revolving credit facilities, net	338
Decrease in short-term borrowings	(1,279)		(221)
Common stock dividends	(2,701)		(2,701)
Issuance of common stock under stock-based compensation	4,451		3,530
(Increase) decrease in restricted cash	(10,261)		2,691
Net cash provided by (used for) financing activities from continuing operations	215,548		(24,923)
Net increase (decrease) in cash and cash equivalents from continuing operations	195,849		(44,324)
Cash flows from operating activities-discontinued operations	363		341
Cash flows from investing activities-discontinued operations	79		(316)
Cash flows from financing activities-discontinued operations	0		0
Cash and cash equivalents at beginning of period	159,419	[1]	226,647	[1]
CASH AND CASH EQUIVALENTS AT END OF PERIOD	355,710	[2]	182,348	[2]
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid for income taxes	(386)		(1,307)
SUPPLEMENTAL DISCLOSURES OF NONCASH ACTIVITIES
Decrease in consolidated inventory not owned related to land options	$ 3,963		$ 20,301

[1] Includes cash and cash equivalents of $56,000 and $39,000 associated with discontinued operations at December 31, 2011 and 2010, respectively.

[2] Includes cash and cash equivalents of $498,000 and $64,000 associated with discontinued operations at June 30, 2012 and 2011, respectively.