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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:    
Consolidated net income (loss) $ 5,958 $ (42,555)
Adjustments:    
Depreciation, depletion and amortization 7,268 23,360
Change in deferred income taxes (45) (25,103)
Equity in earnings of unconsolidated ventures (235) (8,629)
Distributions of earnings of unconsolidated ventures 2,067 5,089
Share-based compensation 1,716 3,327
Real estate cost of sales 33,836 24,151
Dry hole and unproved leasehold impairment charges 0 30,663
Real estate development and acquisition expenditures, net (33,066) (57,353)
Reimbursements from utility and improvement districts 306 7,154
Asset impairments 49,438 25,764
Loss on debt extinguishment, net 35,864 0
Gain on sale of assets (106,658) (2,014)
Other 3,402 2,333
Changes in:    
Notes and accounts receivable 18,849 8,144
Prepaid expenses and other 1,080 2,502
Accounts payable and other accrued liabilities (16,069) (17,919)
Income taxes 8,828 3,573
Net cash provided by (used for) operating activities 12,539 (17,513)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Property, equipment, software, reforestation and other (5,639) (6,971)
Oil and gas properties and equipment (567) (40,286)
Investment in unconsolidated ventures (4,658) (10,136)
Proceeds from sales of assets 318,480 2,984
Return of investment in unconsolidated ventures 1,914 1,960
Net cash provided by (used for) investing activities 309,530 (52,449)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments of debt (307,491) (4,925)
Additions to debt 1,462 5,016
Deferred financing fees 0 (100)
Distributions to noncontrolling interests, net (1,108) (687)
Repurchases of common stock (3,537) 0
Payroll taxes on issuance of stock-based awards (205) (723)
Other (211) 15
Net cash used for financing activities (311,090) (1,404)
Net increase (decrease) in cash and cash equivalents 10,979 (71,366)
Cash and cash equivalents at beginning of period 96,442 170,127
Cash and cash equivalents at end of period $ 107,421 $ 98,761