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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:      
Consolidated net income (loss) $ (212,371) $ 17,088 $ 35,061
Adjustments:      
Depreciation, depletion and amortization 45,085 41,715 29,980
Change in deferred income taxes 41,261 1,645 5,389
Change in unrecognized tax benefits 0 0 (6,251)
Equity in earnings of unconsolidated ventures (16,008) (8,685) (8,737)
Distributions of earnings of unconsolidated ventures 12,741 5,721 6,360
Share-based compensation 4,246 3,417 16,809
Real estate cost of sales 87,733 84,665 104,899
Dry hole and unproved leasehold impairment costs 67,639 29,528 5,837
Real estate development and acquisition expenditures, net (107,988) (114,694) (106,609)
Reimbursements from utility and improvement districts 15,176 66,047 9,945
Asset impairments 108,184 15,934 1,790
Gain on sale of assets (879) (38,038) (5,161)
Other 4,680 5,887 2,391
Changes in:      
Notes and accounts receivables (978) 10,704 (3,864)
Prepaid expenses and other 3,026 2,180 (795)
Accounts payable and other accrued liabilities (11,868) (4,653) (1,557)
Income taxes (4,553) (11,379) 3,290
Net cash provided by operating activities 35,126 107,082 88,777
Property, equipment, software, reforestation and other (14,690) (16,398) (11,828)
Oil and gas properties and equipment (49,717) (101,145) (96,069)
Acquisition of partner's interest in unconsolidated multifamily venture, net of cash 0 (20,155)  
Acquisition of oil and gas properties 0 (1,100) 0
Investment in unconsolidated ventures (26,349) (14,692) (857)
Proceeds from sale of assets 18,260 21,962 1,333
Return of investment in unconsolidated ventures 12,168 1,797 3,494
Net cash (used for) investing activities (60,328) (129,731) (103,927)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from issuance of convertible senior notes, net 0 0 120,795
Proceeds from issuance of senior secured notes, net 0 241,947 0
Proceeds from issuance of tangible equity units, net 0 0 144,998
Payments of debt (58,220) (225,481) (106,076)
Additions to debt 11,463 22,593 43,911
Deferred financing fees (295) (3,217) (438)
Distributions to noncontrolling interests, net (701) (3,146) (7,154)
Purchase of noncontrolling interests 0 (7,971) 0
Exercise of stock options 31 1,206 2,106
Repurchases of common stock 0 (24,595) 0
Payroll taxes on restricted stock and stock options (762) (1,043) (1,137)
Excess income tax benefit from share-based compensation 1 176 91
Net cash (used for) provided by financing activities (48,483) 469 197,096
Net (decrease) increase in cash and cash equivalents (73,685) (22,180) 181,946
Cash and cash equivalents at beginning of year 170,127 192,307 10,361
Cash and cash equivalents at year-end 96,442 170,127 192,307
Cash paid during the year for:      
Interest 27,330 22,936 13,818
Income taxes paid (refunds) (4,077) 18,322 4,955
SUPPLEMENTAL DISCLOSURE OF NON-CASH INFORMATION:      
Capitalized interest 2,938 1,154 816
Noncontrolling interests $ 0 $ 2,904 2,907
Multi Family Property [Member]      
Acquisition of partner's interest in unconsolidated multifamily venture, net of cash     $ 0