Real Estate (Tables)

3 Months Ended

Mar. 31, 2015

Real Estate [Abstract]

Real Estate

Real estate consists of:

	First Quarter-End			Year-End
	2015			2014
	(In thousands)
Entitled, developed and under development projects	$	338,607		$	321,273
Undeveloped land (includes land in entitlement)	93,458			93,182
Commercial and income producing properties
Carrying value	196,348			192,678
Less: accumulated depreciation	(32,129		)	(31,377		)
Net carrying value	164,219			161,301
	$	596,284		$	575,756