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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated net income (loss) $ (42,555) $ 23,755
Adjustments:    
Depreciation, depletion and amortization 23,360 17,927
Change in deferred income taxes (25,103) 7,668
Equity in earnings of unconsolidated ventures (8,629) (1,949)
Distributions of earnings of unconsolidated ventures 5,089 1,768
Share-based compensation 3,327 3,532
Real estate cost of sales 24,151 47,976
Dry hole and unproved leasehold impairment costs 30,663 7,004
Real estate development and acquisition expenditures, net (57,353) (66,558)
Reimbursements from utility and improvement districts 7,154 6,618
Other changes in real estate 631 2,341
Changes in deferred income 137 1,141
Asset Impairment Charges 25,764 0
Gain on sale of assets (2,014) (16,867)
Other 1,565 1,144
Changes in:    
Notes and accounts receivable 8,144 (6,809)
Prepaid expenses and other 2,502 3,751
Accounts payable and other accrued liabilities (17,919) (9,156)
Income taxes 3,573 (4,291)
Net cash provided by (used for) operating activities (17,513) 18,995
CASH FLOWS FROM INVESTING ACTIVITIES:    
Property, equipment, software, reforestation and other (6,971) (9,823)
Oil and gas properties and equipment (40,286) (44,632)
Investment in unconsolidated ventures (10,136) (4,430)
Proceeds from Sales of Assets, Investing Activities 2,984 11,022
Return of investment in unconsolidated ventures 1,960 155
Net cash used for investing activities (52,449) (47,708)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from Secured Notes Payable 0 241,947
Payments of debt (4,925) (219,653)
Additions to debt 5,016 10,383
Deferred financing fees (100) (3,068)
Distributions to noncontrolling interests, net (687) (898)
Purchase of noncontrolling interests 0 (7,971)
Exercise of stock options 14 754
Payroll taxes on issuance of stock-based awards (723) (972)
Excess income tax benefit from share-based compensation 1 52
Net cash provided by (used for) financing activities (1,404) 20,574
Net decrease in cash and cash equivalents (71,366) (8,139)
Cash and cash equivalents at beginning of period 170,127 192,307
Cash and cash equivalents at end of period $ 98,761 $ 184,168