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Segment Reporting (Schedule of Segments) (Details)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2017
USD ($)
Sep. 30, 2016
USD ($)
Sep. 30, 2017
USD ($)
segments
Sep. 30, 2016
USD ($)
Dec. 31, 2016
USD ($)
Segment Reporting [Abstract]          
Number of reportable segments | segments     4    
Segment Reporting          
Operating lease income $ 47,806 $ 46,800 $ 142,155 $ 147,270  
Interest income 25,442 32,258 83,145 99,877  
Other income 20,662 13,442 172,037 35,079  
Land development revenue 25,962 31,554 178,722 74,389  
Earnings from equity method investments 2,461 26,540 13,677 74,254  
Income from discontinued operations 0 3,721 4,939 10,934  
Gain from discontinued operations 0 0 123,418 0  
Income from sales of real estate [1] 19,313 34,444 28,267 88,387  
Total revenue and other earnings 141,646 188,759 746,360 530,190  
Real estate expense (36,280) (35,243) (106,554) (104,815)  
Land development cost of sales (27,512) (22,004) (165,888) (50,842)  
Other expense (2,704) (819) (20,849) (4,741)  
Allocated interest expense (48,732) (55,105) (148,684) (168,173)  
Allocated general and administrative (18,021) (18,232) (60,617) (54,789)  
Segment profit (loss) 8,397 57,356 243,768 146,830  
Other significant items:          
Recovery of loan losses (2,600) (14,955) (8,128) (12,749)  
Impairment of assets 595 8,741 15,292 11,753  
Depreciation and amortization 11,846 12,201 37,297 39,781  
Capitalized expenditures 43,816 42,774 118,947 139,767  
Real estate, net 1,323,862   1,323,862   $ 1,387,274
Real estate available and held for sale 65,658   65,658   237,531
Total real estate 1,389,520   1,389,520   1,624,805
Land and development, net 861,507   861,507   945,565
Loans receivable and other lending investments, net 1,109,442   1,109,442   1,450,439
Other investments 289,037   289,037   214,406
Total portfolio assets 3,649,506   3,649,506   4,235,215
Cash and other assets 2,145,713   2,145,713   590,299
Total assets 5,795,219   5,795,219   4,825,514
Stock-based compensation expense 2,934 1,434 12,730 7,644  
Land and Development          
Segment Reporting          
Income from sales of real estate     12,834 23,547  
Operating Segments | Real Estate Finance          
Segment Reporting          
Operating lease income 0 0 0 0  
Interest income 25,442 32,258 83,145 99,877  
Other income 1,298 1,052 1,854 2,672  
Land development revenue 0 0 0 0  
Earnings from equity method investments 0 0 0 0  
Income from discontinued operations   0 0 0  
Gain from discontinued operations     0    
Income from sales of real estate 0 0 0 0  
Total revenue and other earnings 26,740 33,310 84,999 102,549  
Real estate expense 0 0 0 0  
Land development cost of sales 0 0 0 0  
Other expense (261) (794) (1,263) (1,634)  
Allocated interest expense (9,165) (14,544) (31,561) (43,877)  
Allocated general and administrative (3,334) (3,995) (11,621) (11,612)  
Segment profit (loss) 13,980 13,977 40,554 45,426  
Other significant items:          
Recovery of loan losses (2,600) (14,955) (8,128) (12,749)  
Impairment of assets 0 0 0 0  
Depreciation and amortization 0 0 0 0  
Capitalized expenditures 0 0 0 0  
Real estate, net 0   0   0
Real estate available and held for sale 0   0   0
Total real estate 0   0   0
Land and development, net 0   0   0
Loans receivable and other lending investments, net 1,109,442   1,109,442   1,450,439
Other investments 0   0   0
Total portfolio assets 1,109,442   1,109,442   1,450,439
Operating Segments | Net Lease          
Segment Reporting          
Operating lease income 31,503 32,287 93,606 95,636  
Interest income 0 0 0 0  
Other income 953 412 2,009 924  
Land development revenue 0 0 0 0  
Earnings from equity method investments 1,302 723 3,363 2,613  
Income from discontinued operations   3,721 4,939 10,934  
Gain from discontinued operations     123,418    
Income from sales of real estate 18,765 6,629 24,977 15,896  
Total revenue and other earnings 52,523 43,772 252,312 126,003  
Real estate expense (4,423) (4,707) (13,062) (13,770)  
Land development cost of sales 0 0 0 0  
Other expense 0 0 0 0  
Allocated interest expense (12,255) (16,330) (41,659) (49,030)  
Allocated general and administrative (4,315) (4,526) (14,878) (13,135)  
Segment profit (loss) 31,530 18,209 182,713 50,068  
Other significant items:          
Recovery of loan losses 0 0 0 0  
Impairment of assets 0 4,829 219 4,829  
Depreciation and amortization 6,623 7,829 21,662 23,857  
Capitalized expenditures 2,384 934 4,071 3,410  
Real estate, net 844,493   844,493   911,112
Real estate available and held for sale 0   0   155,051
Total real estate 844,493   844,493   1,066,163
Land and development, net 0   0   0
Loans receivable and other lending investments, net 0   0   0
Other investments 185,176   185,176   92,669
Total portfolio assets 1,029,669   1,029,669   1,158,832
Operating Segments | Operating Properties          
Segment Reporting          
Operating lease income 16,048 14,407 47,977 51,317  
Interest income 0 0 0 0  
Other income 14,097 10,793 37,720 25,351  
Land development revenue 0 0 0 0  
Earnings from equity method investments (399) 630 702 31,564  
Income from discontinued operations   0 0 0  
Gain from discontinued operations     0    
Income from sales of real estate 548 27,815 3,290 72,491  
Total revenue and other earnings 30,294 53,645 89,689 180,723  
Real estate expense (23,185) (21,129) (67,356) (63,046)  
Land development cost of sales 0 0 0 0  
Other expense 0 0 0 0  
Allocated interest expense (4,860) (5,110) (15,472) (17,579)  
Allocated general and administrative (1,866) (1,502) (5,985) (5,010)  
Segment profit (loss) 383 25,904 876 95,088  
Other significant items:          
Recovery of loan losses 0 0 0 0  
Impairment of assets 595 112 5,009 3,124  
Depreciation and amortization 4,343 3,798 13,305 14,103  
Capitalized expenditures 7,644 15,902 24,210 44,145  
Real estate, net 479,369   479,369   476,162
Real estate available and held for sale 65,658   65,658   82,480
Total real estate 545,027   545,027   558,642
Land and development, net 0   0   0
Loans receivable and other lending investments, net 0   0   0
Other investments 21,828   21,828   3,583
Total portfolio assets 566,855   566,855   562,225
Operating Segments | Land and Development          
Segment Reporting          
Operating lease income 255 106 572 317  
Interest income 0 0 0 0  
Other income 1,174 658 125,430 2,889  
Land development revenue 25,962 31,554 178,722 74,389  
Earnings from equity method investments 948 21,841 8,396 31,189  
Income from discontinued operations   0 0 0  
Gain from discontinued operations     0    
Income from sales of real estate 0 0 0 0  
Total revenue and other earnings 28,339 54,159 313,120 108,784  
Real estate expense (8,672) (9,407) (26,136) (27,999)  
Land development cost of sales (27,512) (22,004) (165,888) (50,842)  
Other expense 0 0 0 0  
Allocated interest expense (6,529) (9,013) (21,769) (26,040)  
Allocated general and administrative (3,706) (3,495) (12,636) (10,092)  
Segment profit (loss) (18,080) 10,240 86,691 (6,189)  
Other significant items:          
Recovery of loan losses 0 0 0 0  
Impairment of assets 0 3,800 10,064 3,800  
Depreciation and amortization 546 298 1,337 997  
Capitalized expenditures 33,788 25,938 90,666 92,212  
Real estate, net 0   0   0
Real estate available and held for sale 0   0   0
Total real estate 0   0   0
Land and development, net 861,507   861,507   945,565
Loans receivable and other lending investments, net 0   0   0
Other investments 63,308   63,308   84,804
Total portfolio assets 924,815   924,815   1,030,369
Corporate/Other          
Segment Reporting          
Operating lease income 0 0 0 0  
Interest income 0 0 0 0  
Other income 3,140 527 5,024 3,243  
Land development revenue 0 0 0 0  
Earnings from equity method investments 610 3,346 1,216 8,888  
Income from discontinued operations   0 0 0  
Gain from discontinued operations     0    
Income from sales of real estate 0 0 0 0  
Total revenue and other earnings 3,750 3,873 6,240 12,131  
Real estate expense 0 0 0 0  
Land development cost of sales 0 0 0 0  
Other expense (2,443) (25) (19,586) (3,107)  
Allocated interest expense (15,923) (10,108) (38,223) (31,647)  
Allocated general and administrative (4,800) (4,714) (15,497) (14,940)  
Segment profit (loss) (19,416) (10,974) (67,066) (37,563)  
Other significant items:          
Recovery of loan losses 0 0 0 0  
Impairment of assets 0 0 0 0  
Depreciation and amortization 334 276 993 824  
Capitalized expenditures 0 $ 0 0 $ 0  
Real estate, net 0   0   0
Real estate available and held for sale 0   0   0
Total real estate 0   0   0
Land and development, net 0   0   0
Loans receivable and other lending investments, net 0   0   0
Other investments 18,725   18,725   33,350
Total portfolio assets $ 18,725   $ 18,725   $ 33,350
[1] Income from sales of real estate represents gains from sales of real estate that do not qualify as discontinued operations.