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Segment Reporting (Schedule of Segments) (Details)
$ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2017
USD ($)
Sep. 30, 2017
USD ($)
Jun. 30, 2017
USD ($)
Mar. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Sep. 30, 2016
USD ($)
Jun. 30, 2016
USD ($)
Mar. 31, 2016
USD ($)
Dec. 31, 2017
USD ($)
segments
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Segment Reporting [Abstract]                      
Number of reportable segments | segments                 4    
Segment Reporting                      
Operating lease income                 $ 187,684 $ 191,180 $ 211,207
Interest income                 106,548 129,153 134,687
Other income                 188,091 46,514 49,924
Land development revenue                 196,879 88,340 100,216
Earnings (loss) from equity method investments                 13,015 77,349 32,153
Income from discontinued operations $ 0 $ 0 $ (173) $ (4,766) $ 7,336 $ 3,721 $ 3,633 $ 3,580 4,939 18,270 15,077
Gain from discontinued operations                 123,418 0 0
Income from sales of real estate                 92,049 105,296 93,816
Total revenue and other earnings                 912,623 656,102 637,080
Real estate expense                 (147,617) (137,522) (146,509)
Land development cost of sales                 (180,916) (62,007) (67,382)
Other expense                 (20,954) (5,883) (6,374)
Allocated interest expense                 (194,686) (221,398) (224,639)
Allocated general and administrative                 (80,070) (73,138) (69,264)
Segment profit (loss)                 288,380 156,154 122,912
(Recovery of) provision for loan losses                 (5,828) (12,514) 36,567
Impairment of assets                 32,379 14,484 10,524
Depreciation and amortization                 49,033 51,660 62,045
Capitalized expenditures                 166,336 169,999 183,269
Real estate, net 1,282,031       1,387,274       1,282,031 1,387,274  
Real estate available and held for sale 68,588       237,531       68,588 237,531  
Total real estate 1,350,619       1,624,805       1,350,619 1,624,805  
Land and development, net 860,311       945,565       860,311 945,565  
Loans receivable and other lending investments, net 1,300,655       1,450,439       1,300,655 1,450,439  
Other investments 321,241       214,406       321,241 214,406  
Total portfolio assets 3,832,826       4,235,215       3,832,826 4,235,215  
Cash and other assets 898,252       590,299       898,252 590,299  
Total assets 4,731,078       4,825,514       4,731,078 4,825,514  
Stock-based compensation expense                 18,812 10,889 12,013
Land and Development                      
Segment Reporting                      
Income from sales of real estate                 15,963 26,333 32,834
Operating Segments | Real Estate Finance                      
Segment Reporting                      
Operating lease income                 0 0 0
Interest income                 106,548 129,153 134,687
Other income                 2,633 4,658 9,737
Land development revenue                 0 0 0
Earnings (loss) from equity method investments                 0 0 0
Income from discontinued operations                 0 0 0
Gain from discontinued operations                 0    
Income from sales of real estate                 0 0 0
Total revenue and other earnings                 109,181 133,811 144,424
Real estate expense                 0 0 0
Land development cost of sales                 0 0 0
Other expense                 (1,413) (2,719) (2,291)
Allocated interest expense                 (40,359) (57,787) (57,109)
Allocated general and administrative                 (15,223) (15,311) (13,128)
Segment profit (loss)                 52,186 57,994 71,896
(Recovery of) provision for loan losses                 (5,828) (12,514) 36,567
Impairment of assets                 0 0 0
Depreciation and amortization                 0 0 0
Capitalized expenditures                 0 0 0
Real estate, net 0       0       0 0  
Real estate available and held for sale 0       0       0 0  
Total real estate 0       0       0 0  
Land and development, net 0       0       0 0  
Loans receivable and other lending investments, net 1,300,655       1,450,439       1,300,655 1,450,439  
Other investments 0       0       0 0  
Total portfolio assets 1,300,655       1,450,439       1,300,655 1,450,439  
Total assets                  
Operating Segments | Net Lease                      
Segment Reporting                      
Operating lease income                 123,685 126,164 132,968
Interest income                 0 0 0
Other income                 2,603 1,632 350
Land development revenue                 0 0 0
Earnings (loss) from equity method investments                 5,086 3,567 5,221
Income from discontinued operations                 4,939 18,270 15,077
Gain from discontinued operations                 123,418    
Income from sales of real estate                 87,512 21,138 40,082
Total revenue and other earnings                 347,243 170,771 193,698
Real estate expense                 (16,742) (18,158) (21,614)
Land development cost of sales                 0 0 0
Other expense                 0 0 0
Allocated interest expense                 (53,710) (65,880) (66,504)
Allocated general and administrative                 (19,563) (17,585) (15,569)
Segment profit (loss)                 257,228 69,148 90,011
(Recovery of) provision for loan losses                 0 0 0
Impairment of assets                 5,486 4,829 0
Depreciation and amortization                 28,132 31,380 34,936
Capitalized expenditures                 4,838 3,667 4,195
Real estate, net 815,783       911,112       815,783 911,112  
Real estate available and held for sale 0       155,051       0 155,051  
Total real estate 815,783       1,066,163       815,783 1,066,163  
Land and development, net 0       0       0 0  
Loans receivable and other lending investments, net 0       0       0 0  
Other investments 205,007       92,669       205,007 92,669  
Total portfolio assets 1,020,790       1,158,832       1,020,790 1,158,832  
Total assets                  
Operating Segments | Operating Properties                      
Segment Reporting                      
Operating lease income                 63,159 64,593 77,454
Interest income                 0 0 0
Other income                 49,641 33,216 34,637
Land development revenue                 0 0 0
Earnings (loss) from equity method investments                 (772) 33,863 1,663
Income from discontinued operations                 0 0 0
Gain from discontinued operations                 0    
Income from sales of real estate                 4,537 75,357 53,734
Total revenue and other earnings                 116,565 207,029 167,488
Real estate expense                 (89,725) (82,401) (95,888)
Land development cost of sales                 0 0 0
Other expense                 0 0 0
Allocated interest expense                 (20,171) (23,156) (28,014)
Allocated general and administrative                 (8,075) (6,574) (6,988)
Segment profit (loss)                 (1,406) 94,898 36,598
(Recovery of) provision for loan losses                 0 0 0
Impairment of assets                 6,358 5,855 5,935
Depreciation and amortization                 17,684 17,887 24,548
Capitalized expenditures                 35,754 56,784 84,103
Real estate, net 466,248       476,162       466,248 476,162  
Real estate available and held for sale 68,588       82,480       68,588 82,480  
Total real estate 534,836       558,642       534,836 558,642  
Land and development, net 0       0       0 0  
Loans receivable and other lending investments, net 0       0       0 0  
Other investments 38,761       3,583       38,761 3,583  
Total portfolio assets 573,597       562,225       573,597 562,225  
Total assets                  
Operating Segments | Land and Development                      
Segment Reporting                      
Operating lease income                 840 423 785
Interest income                 0 0 0
Other income                 126,259 3,170 1,219
Land development revenue                 196,879 88,340 100,216
Earnings (loss) from equity method investments                 7,292 30,012 16,683
Income from discontinued operations                 0 0 0
Gain from discontinued operations                 0    
Income from sales of real estate                 0 8,801 0
Total revenue and other earnings                 331,270 130,746 118,903
Real estate expense                 (41,150) (36,963) (29,007)
Land development cost of sales                 (180,916) (62,007) (67,382)
Other expense                 0 0 0
Allocated interest expense                 (28,033) (34,888) (32,087)
Allocated general and administrative                 (16,483) (13,693) (11,488)
Segment profit (loss)                 64,688 (16,805) (21,061)
(Recovery of) provision for loan losses                 0 0 0
Impairment of assets                 20,535 3,800 4,589
Depreciation and amortization                 1,896 1,296 1,422
Capitalized expenditures                 125,744 109,548 94,971
Real estate, net 0       0       0 0  
Real estate available and held for sale 0       0       0 0  
Total real estate 0       0       0 0  
Land and development, net 860,311       945,565       860,311 945,565  
Loans receivable and other lending investments, net 0       0       0 0  
Other investments 63,855       84,804       63,855 84,804  
Total portfolio assets 924,166       1,030,369       924,166 1,030,369  
Total assets                  
Corporate, Non-Segment [Member]                      
Segment Reporting                      
Income from discontinued operations                 0 0 0
Gain from discontinued operations                 0    
Corporate/Other                      
Segment Reporting                      
Operating lease income                 0 0 0
Interest income                 0 0 0
Other income                 6,955 3,838 3,981
Land development revenue                 0 0 0
Earnings (loss) from equity method investments                 1,409 9,907 8,586
Income from sales of real estate                 0 0 0
Total revenue and other earnings                 8,364 13,745 12,567
Real estate expense                 0 0 0
Land development cost of sales                 0 0 0
Other expense                 (19,541) (3,164) (4,083)
Allocated interest expense                 (52,413) (39,687) (40,925)
Allocated general and administrative                 (20,726) (19,975) (22,091)
Segment profit (loss)                 (84,316) (49,081) (54,532)
(Recovery of) provision for loan losses                 0 0 0
Impairment of assets                 0 0 0
Depreciation and amortization                 1,321 1,097 1,139
Capitalized expenditures                 0 0 $ 0
Real estate, net 0       0       0 0  
Real estate available and held for sale 0       0       0 0  
Total real estate 0       0       0 0  
Land and development, net 0       0       0 0  
Loans receivable and other lending investments, net 0       0       0 0  
Other investments 13,618       33,350       13,618 33,350  
Total portfolio assets $ 13,618       33,350       $ 13,618 33,350  
Total assets