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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated net income (loss) $ (6,030) $ (6,081)
Adjustments:    
Depreciation and amortization 4,864 5,293
Deferred income taxes (7,000) (6,950)
Tax benefits not recognized for book purposes 95 64
Equity in (earnings) loss of unconsolidated ventures (984) (658)
Distributions of earnings of unconsolidated ventures 4,102 99
Distributions of earnings to noncontrolling interests (2,491) (238)
Share-based compensation 3,952 5,553
Non-cash real estate cost of sales 10,525 11,470
Real estate development and acquisition expenditures (23,529) (7,020)
Acquisition of non-performing loan (21,137)  
Reimbursements from utility and improvement districts 1,790 183
Other changes in real estate (5) 28
Gain on termination of timber lease (181) (497)
Cost of timber cut 524 692
Deferred income 947 1,421
Asset impairments 450 900
Loss on sale of assets held for sale   277
Other 74 (113)
Changes in:    
Notes and accounts receivable 530 (9,771)
Prepaid expenses and other (239) 147
Accounts payable and other accrued liabilities 3,896 (8,154)
Income taxes (4,083) (5,518)
Net cash (used for) provided by operating activities (33,930) (18,873)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Property, equipment, software and reforestation (899) (1,392)
Oil and gas properties and equipment (2,112)  
Investment in unconsolidated ventures (1,135) (1,039)
Return of investment in unconsolidated ventures 252 4,784
Proceeds from sale of assets held for sale   2,602
Proceeds from termination of timber lease 290  
Proceeds from sale of property 103  
Net cash (used for) provided by investing activities (3,501) 4,955
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments of debt (37,043) (19,750)
Additions to debt 76,279 18,527
Deferred financing fees (1,379)  
Return of investment to noncontrolling interest (1) (598)
Exercise of stock options 1,167 872
Payroll taxes on restricted stock and stock options (1,216) (49)
Tax benefit from share-based compensation (110) 121
Other 83 103
Net cash provided by (used for) financing activities 37,780 (774)
Net increase (decrease) in cash and cash equivalents 349 (14,692)
Cash and cash equivalents at beginning of period 5,366 21,051
Cash and cash equivalents at end of period $ 5,715 $ 6,359