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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:      
Consolidated net income (loss) $ 60,179 $ (212,371) $ 17,088
Adjustments:      
Depreciation, depletion and amortization 11,447 45,085 41,715
Change in deferred income taxes (1,360) 41,261 1,645
Equity in earnings of unconsolidated ventures (6,123) (16,008) (8,685)
Distributions of earnings of unconsolidated ventures 7,719 12,741 5,721
Share-based compensation 4,037 4,246 3,417
Real estate cost of sales 98,412 87,733 84,665
Dry hole and unproved leasehold impairment costs 0 67,639 29,528
Real estate development and acquisition expenditures, net (81,179) (107,988) (114,694)
Reimbursements from utility and improvement districts 27,107 15,176 66,047
Asset impairments 60,939 108,184 15,934
Loss on debt extinguishment, net 35,864 0 0
Gain on sale of assets (153,083) (879) (38,038)
Other 5,359 4,680 5,887
Changes in:      
Notes and accounts receivables 13,214 (978) 10,704
Prepaid expenses and other (133) 3,026 2,180
Accounts payable and other accrued liabilities (16,711) (11,868) (4,653)
Income taxes 1,189 (4,553) (11,379)
Net cash provided by operating activities 66,877 35,126 107,082
CASH FLOWS FROM INVESTING ACTIVITIES:      
Property, equipment, software, reforestation and other (6,138) (14,690) (16,398)
Oil and gas properties and equipment (579) (49,717) (101,145)
Acquisition of partner's interest in unconsolidated multifamily venture, net of cash 0 0 (20,155)
Acquisition of oil and gas properties 0 0 (1,100)
Investment in unconsolidated ventures (6,089) (26,349) (14,692)
Proceeds from sale of assets 427,849 18,260 21,962
Return of investment in unconsolidated ventures 5,700 12,168 1,797
Net cash provided by (used for) investing activities 420,743 (60,328) (129,731)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from issuance of senior secured notes, net 0 0 241,947
Payments of debt (315,229) (58,220) (225,481)
Additions to debt 3,184 11,463 22,593
Deferred financing fees 0 (295) (3,217)
Distributions to noncontrolling interests, net (2,579) (701) (3,146)
Purchase of noncontrolling interests 0 0 (7,971)
Repurchases of common stock (3,537) 0 (24,595)
Other (103) (730) 339
Net cash (used for) provided by financing activities (318,264) (48,483) 469
Net increase (decrease) in cash and cash equivalents 169,356 (73,685) (22,180)
Cash and cash equivalents at beginning of year 96,442 170,127 192,307
Cash and cash equivalents at year-end 265,798 96,442 170,127
Cash paid during the year for:      
Interest 14,790 27,330 22,936
Income taxes paid (refunds) 10,205 (4,077) 18,322
SUPPLEMENTAL DISCLOSURE OF NON-CASH INFORMATION:      
Capitalized interest 2,838 2,938 1,154
Noncontrolling interests $ 0 $ 0 $ 2,904