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Segment Reporting (Schedule of Segments) (Details)
$ in Thousands
 1 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2018
USD ($)
Jun. 30, 2018
USD ($)
Jun. 30, 2017
USD ($)
Jun. 30, 2018
USD ($)
segments
Jun. 30, 2017
USD ($)
Dec. 31, 2017
USD ($)
Segment Reporting [Abstract]            
Number of reportable segments | segments       4    
Segment profit (loss)            
Operating lease income   $ 44,609 $ 47,002 $ 90,407 $ 94,349  
Interest income   25,212 28,645 51,909 57,703  
Other income   20,823 139,510 36,142 151,374  
Land development revenue   80,927 132,710 357,356 152,760  
Earnings (losses) from equity method investments   (7,278) 5,515 (3,946) 11,217  
Gain on consolidation of equity method investment   67,877 0 67,877 0  
Income from discontinued operations   0 173 0 4,939  
Gain from discontinued operations   0 123,418 0 123,418  
Income from sales of real estate $ 24,500 56,895 [1] 844 [1] 73,943 [1] 8,954 [1]  
Total revenue and other earnings   289,065 477,817 673,688 604,714  
Real estate expense   (37,043) (34,684) (73,224) (70,274)  
Land development cost of sales   (83,361) (122,466) (306,768) (138,376)  
Other expense   (3,716) (16,276) (4,882) (18,145)  
Allocated interest expense   (43,172) (48,807) (88,353) (99,952)  
Allocated general and administrative   (19,725) (23,303) (39,448) (42,596)  
Segment profit (loss)   102,048 232,281 161,013 235,371  
Other significant items:            
Provision for loan losses   18,892 (600) 18,037 (5,528)  
Impairment of assets   6,088 10,284 10,188 14,696  
Depreciation and amortization   10,767 13,171 21,878 25,451  
Capitalized expenditures   47,946 39,558 87,572 75,132  
Segment assets            
Real estate, net 1,914,999 1,914,999   1,914,999   $ 1,282,031
Real estate available and held for sale 37,597 37,597   37,597   68,588
Total real estate 1,952,596 1,952,596   1,952,596   1,350,619
Land and development, net 641,627 641,627   641,627   860,311
Loans receivable and other lending investments, net 1,052,872 1,052,872   1,052,872   1,300,655
Other investments 293,017 293,017   293,017   321,241
Total portfolio assets 3,940,112 3,940,112   3,940,112   3,832,826
Cash and other assets 1,418,055 1,418,055   1,418,055   898,252
Total assets 5,358,167 5,358,167   5,358,167   4,731,078
Stock-based compensation expense   3,503 3,915 12,593 9,796  
Operating Segments | Real Estate Finance            
Segment profit (loss)            
Operating lease income   0 0 0 0  
Interest income   25,212 28,645 51,909 57,703  
Other income   3,133 479 3,516 556  
Land development revenue   0 0 0 0  
Earnings (losses) from equity method investments   0 0 0 0  
Gain on consolidation of equity method investment   0   0    
Income from discontinued operations     0   0  
Gain from discontinued operations     0   0  
Income from sales of real estate   0 0 0 0  
Total revenue and other earnings   28,345 29,124 55,425 58,259  
Real estate expense   0 0 0 0  
Land development cost of sales   0 0 0 0  
Other expense   (290) (399) (690) (1,004)  
Allocated interest expense   (10,648) (10,508) (22,413) (22,396)  
Allocated general and administrative   (3,852) (4,691) (7,821) (8,287)  
Segment profit (loss)   13,555 13,526 24,501 26,572  
Other significant items:            
Provision for loan losses   18,892 (600) 18,037 (5,528)  
Impairment of assets   0 0 0 0  
Depreciation and amortization   0 0 0 0  
Capitalized expenditures   0 0 0 0  
Segment assets            
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 1,052,872 1,052,872   1,052,872   1,300,655
Other investments 0 0   0   0
Total portfolio assets 1,052,872 1,052,872   1,052,872   1,300,655
Operating Segments | Net Lease            
Segment profit (loss)            
Operating lease income   29,310 30,852 59,036 62,104  
Interest income   0 0 0 0  
Other income   698 550 1,746 1,056  
Land development revenue   0 0 0 0  
Earnings (losses) from equity method investments   2,694 1,080 6,252 2,062  
Gain on consolidation of equity method investment   67,877   67,877    
Income from discontinued operations     173   4,939  
Gain from discontinued operations     123,418   123,418  
Income from sales of real estate   24,493 0 24,907 6,212  
Total revenue and other earnings   125,072 156,073 159,818 199,791  
Real estate expense   (3,433) (4,064) (7,411) (8,640)  
Land development cost of sales   0 0 0 0  
Other expense   0 0 0 0  
Allocated interest expense   (13,591) (13,669) (27,792) (29,404)  
Allocated general and administrative   (4,853) (5,921) (9,439) (10,563)  
Segment profit (loss)   103,195 132,419 115,176 151,184  
Other significant items:            
Provision for loan losses   0 0 0 0  
Impairment of assets   4,342 219 4,342 219  
Depreciation and amortization   6,341 7,400 12,652 15,039  
Capitalized expenditures   720 917 1,198 1,687  
Segment assets            
Real estate, net 1,532,589 1,532,589   1,532,589   815,783
Real estate available and held for sale 0 0   0   0
Total real estate 1,532,589 1,532,589   1,532,589   815,783
Land and development, net 0 0   0   0
Loans receivable and other lending investments, net 0 0   0   0
Other investments 147,512 147,512   147,512   205,007
Total portfolio assets 1,680,101 1,680,101   1,680,101   1,020,790
Operating Segments | Operating Properties            
Segment profit (loss)            
Operating lease income   15,199 15,940 31,016 31,929  
Interest income   0 0 0 0  
Other income   13,351 13,333 25,496 23,688  
Land development revenue   0 0 0 0  
Earnings (losses) from equity method investments   (1,316) 469 (2,591) 1,101  
Gain on consolidation of equity method investment   0   0    
Income from discontinued operations     0   0  
Gain from discontinued operations     0   0  
Income from sales of real estate   32,402 844 49,036 2,742  
Total revenue and other earnings   59,636 30,586 102,957 59,460  
Real estate expense   (23,818) (22,653) (45,443) (44,171)  
Land development cost of sales   0 0 0 0  
Other expense   0 0 0 0  
Allocated interest expense   (4,578) (5,006) (10,106) (10,612)  
Allocated general and administrative   (1,975) (2,364) (4,018) (4,119)  
Segment profit (loss)   29,265 563 43,390 558  
Other significant items:            
Provision for loan losses   0 0 0 0  
Impairment of assets   446 0 4,546 4,413  
Depreciation and amortization   3,738 4,923 7,664 8,962  
Capitalized expenditures   4,623 8,355 12,324 16,566  
Segment assets            
Real estate, net 382,410 382,410   382,410   466,248
Real estate available and held for sale 37,597 37,597   37,597   68,588
Total real estate 420,007 420,007   420,007   534,836
Land and development, net 0 0   0   0
Loans receivable and other lending investments, net 0 0   0   0
Other investments 62,024 62,024   62,024   38,761
Total portfolio assets 482,031 482,031   482,031   573,597
Operating Segments | Land and Development            
Segment profit (loss)            
Operating lease income   100 210 355 316  
Interest income   0 0 0 0  
Other income   1,313 123,871 1,784 124,256  
Land development revenue   80,927 132,710 357,356 152,760  
Earnings (losses) from equity method investments   1,023 3,606 2,566 7,448  
Gain on consolidation of equity method investment   0   0    
Income from discontinued operations     0   0  
Gain from discontinued operations     0   0  
Income from sales of real estate   0 0 0 0  
Total revenue and other earnings   83,363 260,397 362,061 284,780  
Real estate expense   (9,792) (7,967) (20,370) (17,463)  
Land development cost of sales   (83,361) (122,466) (306,768) (138,376)  
Other expense   0 0 0 0  
Allocated interest expense   (5,308) (7,122) (11,781) (15,240)  
Allocated general and administrative   (3,747) (5,004) (7,552) (8,930)  
Segment profit (loss)   (18,845) 117,838 15,590 104,771  
Other significant items:            
Provision for loan losses   0 0 0 0  
Impairment of assets   1,300 10,065 1,300 10,064  
Depreciation and amortization   318 521 832 791  
Capitalized expenditures   42,603 30,286 74,050 56,879  
Segment assets            
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 641,627 641,627   641,627   860,311
Loans receivable and other lending investments, net 0 0   0   0
Other investments 76,693 76,693   76,693   63,855
Total portfolio assets 718,320 718,320   718,320   924,166
Corporate/Other            
Segment profit (loss)            
Operating lease income   0 0 0 0  
Interest income   0 0 0 0  
Other income   2,328 1,277 3,600 1,818  
Land development revenue   0 0 0 0  
Earnings (losses) from equity method investments   (9,679) 360 (10,173) 606  
Gain on consolidation of equity method investment   0   0    
Income from discontinued operations     0   0  
Gain from discontinued operations     0   0  
Income from sales of real estate   0 0 0 0  
Total revenue and other earnings   (7,351) 1,637 (6,573) 2,424  
Real estate expense   0 0 0 0  
Land development cost of sales   0 0 0 0  
Other expense   (3,426) (15,877) (4,192) (17,141)  
Allocated interest expense   (9,047) (12,502) (16,261) (22,300)  
Allocated general and administrative   (5,298) (5,323) (10,618) (10,697)  
Segment profit (loss)   (25,122) (32,065) (37,644) (47,714)  
Other significant items:            
Provision for loan losses   0 0 0 0  
Impairment of assets   0 0 0 0  
Depreciation and amortization   370 327 730 659  
Capitalized expenditures   0 $ 0 0 $ 0  
Segment assets            
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 6,788 6,788   6,788   13,618
Total portfolio assets $ 6,788 $ 6,788   $ 6,788   $ 13,618
[1] Income from sales of real estate represents gains from sales of real estate that do not qualify as discontinued operations