XML 23 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash Flow From Operating Activities:    
Net income (loss) $ 1,862 $ (2,347)
Adjustments to reconcile net income (loss) applicable to common shares to net cash used in operating activities:    
Loss on sale of income-producing properties 0 475
Provision on impairment of real estate assets 0 1,474
Income from unconsolidated subsidiaries and investees 37 22
(Increase) decrease in assets:    
Accrued interest receivable 2,327 0
Increasedecrease in Other assets 40 686
Increase (decrease) in liabilities:    
Accrued interest payable 0 886
Other liabilities (10) (214)
Net cash provided by operating activities 4,256 982
Cash Flow From Investing Activities:    
Proceeds from notes receivable 2,990 2,585
Proceeds from sales of land 0 1,210
Proceeds from sales of income-producing properties 0 1,892
Related party receivable (7,047) (4,733)
Net cash provided by (used in) investing activities (4,057) 954
Cash Flow From Financing Activities:    
Payments on notes payable (189) 414
Payments on or debt assumption on maturing notes payable 0 (2,374)
Deferred financing costs 0 6
Net cash used in financing activities (189) (1,954)
Net increase (decrease) in cash and cash equivalents 10 (18)
Cash and cash equivalents, beginning of period 1 20
Cash and cash equivalents, end of period 11 2
Supplemental disclosures of cash flow information:    
Cash paid for interest 828 998
Cash received for income taxes 0 22
Schedule of noncash investing and financing activities    
Satisfaction of notes receivable related to Centura land 0 6,900
Satisfaction of notes payable related to Centura Land $ 0 $ (6,900)