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BONDS AVAILABLE-FOR-SALE (Details) (USD $)
In Thousands, unless otherwise specified
1 Months Ended 6 Months Ended 12 Months Ended
Jul. 03, 2013
Jun. 30, 2013
Dec. 31, 2012
Unpaid Principal Balance $ 243,242 [1] $ 917,013 [1] $ 984,322 [1]
Basis Adjustments (5,693) [2] (8,942) [2] (12,653) [2]
Unrealized Losses (63,759) (130,988) (141,297)
Unrealized Gains 43,550 119,239 139,022
Fair Value 217,340 896,322 969,394
Mortgage Revenue Bonds [Member]
     
Unpaid Principal Balance 161,715 835,486 898,209
Basis Adjustments (3,631) [2] (6,880) [2] (10,314) [2]
Unrealized Losses (41,395) (108,624) (118,933)
Unrealized Gains 22,972 98,661 115,196
Fair Value 139,661 818,643 884,158
All Other Corporate Bonds [Member]
     
Unpaid Principal Balance 81,527 81,527 86,113
Basis Adjustments (2,062) [2] (2,062) [2] (2,339) [2]
Unrealized Losses (22,364) (22,364) (22,364)
Unrealized Gains 20,578 20,578 23,826
Fair Value $ 77,679 $ 77,679 $ 85,236
[1] The Company had bonds with an unpaid principal balance of $85.0 million ($76.6 million fair value), $158.9 million ($151.8 million fair value) and $123.9 million ($125.1 million fair value) at July 3, 2013, June 30, 2013 and December 31, 2012, respectively, which were eliminated due to consolidation of the real estate partnerships where the real estate served as collateral for the Company’s bonds. See Note 16, “Consolidated Funds and Ventures” for more information.
[2] Represents net discounts, deferred costs and fees.