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Net Gain (Loss) on Land held for Divestiture Activity (Tables)
9 Months Ended
Sep. 30, 2014
Land Held for Divestiture disclosures [Abstract]  
Schedule of Land Held for Divestiture Activity
The following table summarizes the net gain (loss) on land held for divestiture activity of consolidated entities:
 
Three Months Ended September 30, 2013
 
Nine Months Ended September 30, 2013
 
(in thousands)
Sales of land held for divestiture
$
75

 
$
11,981

Cost of sales of land held for divestiture

 
(1,744
)
Gain on extinguishment of debt of land held for divestiture

 
2,146

Net gain on closed transactions of land held for divestiture
75

 
12,383

Bad debt expense
(9,000
)
 
(9,000
)
Net gain (loss) on land held for divestiture activity
$
(8,925
)
 
$
3,383