Real Estate Activity (Tables)

6 Months Ended

Jun. 30, 2012

Revenues Cost And Expenses Associated With Condensed Condominium Activities

The revenues, costs and expenses associated with consolidated condominium activities for the three and six months ended June 30, 2012 and 2011 were as follows:

	Three months ended June 30,								Six months ended June 30,
	2012				2011				2012				2011
Condominium revenues		$	22,945			$	19,090			$	40,526			$	32,765
Condominium costs and expenses			(14,415	)			(13,658	)			(25,704	)			(26,589	)
Gains on sales of condominiums, before income taxes			8,530				5,432				14,822				6,176
Income tax benefit			-				-				612				-
Net gains on sales of condominiums		$	8,530			$	5,432			$	15,434			$	6,176