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Real Estate (Tables)
9 Months Ended
Sep. 30, 2014
Real Estate [Abstract]  
Real Estate
Real estate consists of:
 
Third
Quarter-End
 
Year-End
 
2014
 
2013
 
(In thousands)
Entitled, developed and under development projects
$
342,553

 
$
361,687

Undeveloped land (includes land in entitlement)
94,241

 
86,367

Commercial and income producing properties
 
 
 
Carrying value
184,977

 
99,476

Less: accumulated depreciation
(29,966
)
 
(28,066
)
Net carrying value
155,011

 
71,410

 
$
591,805

 
$
519,464