Unaudited Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
Operating Activities
Net income	$ 2,633	$ 343
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	1,767	2,553
Amortization of premium/discount of marketable securities	459	415
Equity in earnings of unconsolidated joint ventures, net	(1,679)	(534)
Non-cash retirement plan expense	325	200
Gains on sales of real estate/assets	0	(679)
(Reversal) amortization of stock compensation expense	(568)	3,658
Distribution of earnings from unconsolidated joint ventures	0	3,000
Changes in operating assets and liabilities:
Receivables, inventories and other assets, net	643	739
Current liabilities, net	(948)	(4,902)
Net cash provided by (used in) operating activities	2,632	4,793
Investing Activities
Maturities and sales of marketable securities	14,066	9,823
Funds invested in marketable securities	(14,844)	(10,556)
Property and equipment expenditures	(10,653)	(9,410)
Investment in long term term water assets	(437)	0
Investment in unconsolidated joint ventures	(1,375)	(4,579)
Distribution of equity from unconsolidated joint ventures	0	1,012
Reimbursement of outlet center costs	512	96
Reimbursement proceeds from community facilities district	14,139	0
Other	(127)	(1,636)
Net cash provided by (used in) investing activities	1,281	(15,250)
Financing Activities
Borrowings of short-term debt	0	1,500
Repayments of short-term debt	(20)	(1,500)
Repayments of short-term debt	0	(19)
Proceeds from exercise of stock options	211	123
Taxes on vested stock grants	(845)	(2,270)
Net cash used in financing activities	(654)	(2,166)
Increase (decrease) in cash and cash equivalents	3,259	(12,623)
Cash and cash equivalents at beginning of year	7,219	18,372
Cash and cash equivalents at end of period	10,478	5,749
Supplemental cash flow information
Accrued capital expenditures included in current liabilities	$ 1,122	$ 428