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Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Jan. 31, 2012
Jan. 31, 2011
Jan. 31, 2010
Cash Flows from Operating Activities      
Net earnings (loss) $ (568,000) $ 85,398,000 $ (20,368,000)
Depreciation and amortization 218,601,000 234,728,000 256,606,000
Amortization of mortgage procurement costs 11,812,000 11,484,000 13,653,000
Impairment of real estate 119,324,000 4,763,000 8,907,000
Impairment of unconsolidated entities 82,186,000 72,459,000 36,356,000
Write-off of abandoned development projects 8,838,000 9,195,000 20,739,000
(Gain) loss on extinguishment of debt (9,590,000) 21,035,000 (36,569,000)
Net gain on disposition of partial interests in rental properties and other investment (17,665,000) (257,990,000)  
Deferred income tax expense (benefit) (55,044,000) 69,524,000 (17,787,000)
Equity in earnings of unconsolidated entities (21,147,000) (42,265,000) (21,303,000)
Stock-based compensation expense 7,650,000 7,969,000 7,509,000
Amortization and mark-to-market adjustments of derivative instruments 2,279,000 3,606,000 4,106,000
Non-cash interest expense related to Puttable Equity-Linked Senior Notes 1,737,000 1,858,000 6,917,000
Cash distributions from operations of unconsolidated entities 59,399,000 46,802,000 39,770,000
Cost of sales of land included in projects under construction and development and completed rental properties 10,820,000 18,490,000 35,607,000
Increase in land held for development and sale (11,860,000) (14,973,000) (6,861,000)
Decrease in notes and accounts receivable 3,575,000 7,595,000 12,912,000
(Increase) Decrease in other assets (11,433,000) 15,415,000 15,566,000
Increase in restricted cash and escrowed funds used for operating purposes (4,354,000) (31,701,000) (4,917,000)
Increase (decrease) in accounts payable, accrued expenses and other liabilities 15,863,000 (26,899,000) 41,321,000
Net cash provided by operating activities 298,763,000 267,247,000 420,329,000
Cash Flows from Investing Activities      
Capital expenditures (760,381,000) (723,158,000) (942,609,000)
Payment of lease procurement costs (22,907,000) (20,387,000) (13,153,000)
(Increase) decrease in other assets (14,489,000) (57,226,000) 2,373,000
Decrease (increase) in restricted cash and escrowed funds used for investing purposes 90,157,000 (249,024,000) (132,329,000)
Proceeds from disposition of full or partial interests in rental properties and other investments 353,243,000 191,345,000 13,086,000
(Increase) decrease in investments in and advances to unconsolidated entities (85,820,000) 11,401,000 (81,314,000)
Net cash used in investing activities (440,197,000) (847,049,000) (1,153,946,000)
Cash Flows from Financing Activities      
Proceeds from nonrecourse mortgage debt and notes payable 695,449,000 658,833,000 770,972,000
Principal payments on nonrecourse mortgage debt and notes payable (572,584,000) (321,629,000) (260,294,000)
Borrowings on bank revolving credit facility 464,575,000 876,052,000 844,000,000
Payments on bank revolving credit facility (601,727,000) (822,416,000) (1,125,984,000)
Payment of Puttable Equity-Linked Senior Notes due 2011 (39,407,000)    
Payment of subordinated debt     (20,400,000)
Payment of transaction costs related to exchanges of Convertible Senior Notes due 2016 for Class A common stock (3,200,000)    
Purchase of senior notes due 2011 and 2017   (16,569,000)  
Proceeds received from partial termination of Convertible Senior Notes hedge   1,869,000  
Proceeds from Puttable Equity-Linked Senior Notes due 2014, net of $2,803 of issuance costs and discount     29,764,000
Payment for Convertible Senior Notes hedge transaction     (15,900,000)
Payment of deferred financing costs (14,923,000) (36,745,000) (32,756,000)
Change in restricted cash and escrowed funds and book overdrafts (1,578,000) (1,322,000) (4,251,000)
Proceeds from issuance of Series A preferred stock, net of $5,544 of issuance costs   44,456,000  
Payment for equity call hedge related to the issuance of Series A preferred stock   (17,556,000)  
Dividends paid to preferred shareholders (15,400,000) (11,807,000)  
Sale of common stock, net     329,917,000
Purchase of treasury stock (1,670,000) (786,000) (133,000)
Exercise of stock options 195,000 2,621,000 128,000
Contributions from redeemable noncontrolling interest   181,909,000  
Contributions from noncontrolling interests 6,087,000 5,636,000 21,831,000
Distributions to noncontrolling interests (89,644,000) (20,777,000) (12,339,000)
Net cash provided by financing activities 165,548,000 521,769,000 717,717,000
Net increase (decrease) in cash and equivalents 24,114,000 (58,033,000) (15,900,000)
Cash and equivalents at beginning of period 193,372,000 251,405,000 267,305,000
Cash and equivalents at end of period 217,486,000 193,372,000 251,405,000
Operating activities      
Increase in land held for development and sale (1,399,000) (31,599,000) (50,740,000)
Decrease in notes and accounts receivable 16,785,000 22,560,000 10,842,000
Decrease in other assets 155,458,000 80,953,000 46,620,000
Decrease (increase) in restricted cash and escrowed funds 149,586,000 (1,953,000) (142,000)
Increase (decrease) in accounts payable, accrued expenses and other liabilities 14,188,000 (111,940,000) (97,233,000)
Total effect on operating activities 334,618,000 (41,979,000) (90,653,000)
Investing activities      
Decrease in projects under construction and development 429,690,000 32,816,000 108,000,000
Decrease in completed rental properties 1,230,710,000 667,495,000 68,003,000
(Increase) decrease in investments in and advances to unconsolidated entities (298,492,000) 111,644,000 12,789,000
Total effect on investing activities 1,361,908,000 811,955,000 188,792,000
Financing activities      
Decrease in nonrecourse mortgage debt and notes payable (1,648,245,000) (776,588,000) (112,379,000)
(Decrease) increase in senior and subordinated debt (40,000,000) (277,658,000) 11,414,000
Decrease in deferred tax liability     (6,218,000)
Increase in preferred stock   170,000,000  
Increase in class A common stock 959,000 2,636,000  
Increase in additional paid-in capital 36,904,000 102,939,000 7,427,000
Increase in redeemable noncontrolling interest 6,887,000 46,845,000  
(Decrease) increase in noncontrolling interest (53,031,000) (38,150,000) 1,617,000
Total effect on financing activities (1,696,526,000) (769,976,000) (98,139,000)
Convertible Senior Notes due 2018
     
Cash Flows from Financing Activities      
Proceeds from issuance of Convertible Senior Notes due 2018 and 2016, net of $10,625 and $6,838 of issuance costs respectively 339,375,000    
Convertible senior notes due 2016
     
Cash Flows from Financing Activities      
Proceeds from issuance of Convertible Senior Notes due 2018 and 2016, net of $10,625 and $6,838 of issuance costs respectively     193,162,000
Segment Discontinued Operations
     
Cash Flows from Operating Activities      
Depreciation and amortization 4,339,000 13,289,000 12,149,000
Amortization of mortgage procurement costs 762,000 2,127,000 371,000
Impairment of real estate 10,257,000 81,643,000 27,394,000
Write-off of abandoned development projects     676,000
Deferred income tax expense (benefit) 6,536,000 (15,002,000) (6,705,000)
Gain on disposition of rental properties and Lumber Group $ (133,554,000) $ (51,303,000) $ (5,720,000)