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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated net income (loss) $ 3,497 $ (1,704)
Adjustments:    
Depreciation and amortization 2,267 2,294
Deferred income taxes (1,464) (1,496)
Tax benefits not recognized for book purposes 38 47
Equity in (earnings) loss of unconsolidated ventures (724) (582)
Distributions of earnings of unconsolidated ventures   3,035
Distributions of earnings to noncontrolling interests (632) (1,026)
Non-cash share-based compensation 5,231 4,100
Non-cash real estate cost of sales 5,484 5,295
Real estate development and acquisition expenditures, net (36,750) (13,571)
Reimbursements from utility and improvement districts 108 36
Other changes in real estate 603 19
Gain on termination of timber lease (234)  
Cost of timber cut 97 242
Deferred income 1,022 83
Gain on sale of venture interest (11,675)  
Other 187 5
Changes in:    
Notes and accounts receivable (1,153) 760
Prepaid expenses and other 203 78
Accounts payable and other accrued liabilities (7,824) (1,461)
Income taxes (5,795) (2,560)
Net cash provided by (used for) operating activities (47,514) (6,406)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Property, equipment, software and reforestation (863) (507)
Oil and natural gas properties and equipment (1,968)  
Investment in unconsolidated ventures (117) (673)
Return of investment in unconsolidated ventures 266 9
Proceeds from sale of venture interest 32,095  
Net cash provided by (used for) investing activities 29,413 (1,171)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments of debt (27,414) (14,436)
Additions to debt 33,692 23,447
Deferred financing fees (31) (285)
Return of investment to noncontrolling interest (40) (1)
Exercise of stock options 1,138 365
Payroll taxes on restricted stock and stock options (1,148) (1,190)
Tax benefit from share-based compensation 390 (110)
Other 32 29
Net cash provided by (used for) financing activities 6,619 7,819
Net increase (decrease) in cash and cash equivalents (11,482) 242
Cash and cash equivalents at beginning of period 18,283 5,366
Cash and cash equivalents at end of period $ 6,801 $ 5,608