XML 76 R58.htm IDEA: XBRL DOCUMENT v3.25.0.1
INVESTMENT IN UNCONSOLIDATED ENTITIES - Summarized Statement of Operations (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Equity Method Investment, Summarized Financial Information, Income Statement [Abstract]      
Revenue from customers $ 235,984 $ 209,852 $ 41,035
Other costs and expenses (170,328) (185,483) (101,523)
Net income (loss) 177,634 113,716 (34,774)
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY 68,297 55,394 (15,403)
Equity in earnings from Great Park Venture 132,617 76,595 21,513
Great Park      
Equity Method Investment, Summarized Financial Information, Income Statement [Abstract]      
Equity in earnings from Great Park Venture 119,787 78,947 20,444
Gateway Commercial Venture LLCA      
Equity Method Investment, Summarized Financial Information, Income Statement [Abstract]      
Gain on sale of assets, net 17,826 0 0
Equity in earnings from Great Park Venture 12,347 (2,914) (127)
Land sales      
Equity Method Investment, Summarized Financial Information, Income Statement [Abstract]      
Revenue from customers 139,097 161,391 8,425
Cost of expenses (90,109) (105,651) 996
Great Park      
Equity Method Investment, Summarized Financial Information, Income Statement [Abstract]      
Other costs and expenses (118,746) (66,906) (69,539)
Net income (loss) 349,184 250,610 68,954
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY 130,944 93,979 25,858
Basis difference amortization, net (11,157) (15,032) (5,414)
Great Park | Land sale and related party land sale revenues      
Equity Method Investment, Summarized Financial Information, Income Statement [Abstract]      
Revenue from customers 612,806 554,825 283,402
Great Park | Land sales      
Equity Method Investment, Summarized Financial Information, Income Statement [Abstract]      
Revenue from customers 590,200 538,600 270,900
Cost of expenses (144,876) (237,148) (155,692)
Great Park | Home Sales      
Equity Method Investment, Summarized Financial Information, Income Statement [Abstract]      
Revenue from customers 0 0 40,475
Cost of expenses 0 (161) (29,692)
Gateway Commercial Venture LLCA      
Equity Method Investment, Summarized Financial Information, Income Statement [Abstract]      
Revenue from customers 8,747 8,482 8,395
Cost of expenses (3,509) (5,821) (3,063)
Depreciation and amortization (4,011) (4,015) (3,960)
Interest expense (2,590) (2,531) (1,541)
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY $ 16,463 $ (3,885) $ (169)