REAL ESTATE ACTIVITIES (Tables)

12 Months Ended

Dec. 31, 2012

Revenues Costs and Expenses Associated with Consolidated Condominium Activities

The revenues, costs and expenses associated with consolidated condominium activities included in continuing operations in 2012, 2011 and 2010 was as follows:  

	Year ended December 31,
	2012			2011			2010
Condominium revenues	$	89,698		$	57,944		$	68,500
Condominium costs and expenses		(54,037	)		(48,407	)		(62,339	)
Net gains on sales of residential condominiums, before income tax		35,661			9,537			6,161
Net gain on sale of retail condominium, before income tax		-			977			-
Income tax benefit		612			-			-
Net gains on sales of condominiums	$	36,273		$	10,514		$	6,161