Condensed Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
Cash flows from operating activities:
Net loss	$ (8,406)	$ (24,511)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	6,547	8,245
Amortization of deferred financing fees	393	946
Gain on casualty loss		(38)
Gain on troubled debt restructuring	(8,132)
Gain on sale of real estate	(95)	(4,126)
Foreign currency translation loss	3,624
Impairment charge	305	438
Provision for loan losses		12,022
Bad debt expense	1,621	215
Equity in (earnings) losses of unconsolidated joint ventures	(414)	3,747
Non-cash Reorganization items		60
Loss on derivatives	43
Change in operating assets and liabilities:
Accounts receivable	(965)	(2,301)
Condominium inventory	395	6,760
Prepaid expenses and other assets	1,591	342
Accounts payable	(1,007)	769
Accrued and other liabilities	1,621	1,501
Payables to related parties	(566)	(733)
Lease intangibles	(127)	(1,802)
Cash provided by (used in) operating activities	(3,572)	1,534
Cash flows from investing activities:
Proceeds from sale of real estate	29,034	86,032
Proceeds from sale of unconsolidated joint venture		12,384
Capital expenditures for real estate under development		(3,280)
Additions of property and equipment	(825)	(904)
Change in restricted cash	(2,023)	1,615
Cash assumed from conversion of loan to equity		11
Net assets consolidated from hotel operations	143
Investment in notes receivable		(2,024)
Cash provided by investing activities	26,329	93,834
Cash flows from financing activities:
Financing costs		(1,228)
Proceeds from notes payable	2,506	48,762
Payments on related parties note payable	(1,500)
Payments on notes payable	(20,642)	(72,445)
Net borrowings (repayments) on senior secured revolving credit facility		(37,463)
Contributions from noncontrolling interest holders		38
Cash used in financing activities	(19,636)	(62,336)
Effect of exchange rate changes on cash and cash equivalents	(8)	2
Net change in cash and cash equivalents	3,113	33,034
Cash and cash equivalents at beginning of the year	34,825	13,503
Cash and cash equivalents at end of the period	$ 37,938	$ 46,537