Consolidated Statements of Cash Flows (Unaudited) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2012	Mar. 31, 2011
OPERATING ACTIVITIES
Net loss (including net loss attributable to non-controlling interests)	$ (6,923)	$ (10,224)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	942	1,149
Amortization of stock based compensation	420	660
Impairment of land and other inventories	152	297
Change in fair value of contingent consideration	0	(9)
Distribution (return) of earnings from unconsolidated entities	0	51
Equity loss from unconsolidated entities	36	128
Changes in operating assets and liabilities:
Restricted cash	851	177
Receivables, net	(1,836)	787
Land and other inventories	5,994	(2,333)
Assets held for sale	3,949	0
Prepaid expenses and other assets	167	956
Accounts payable and accrued and other liabilities	5,248	(111)
Customer deposits and deferred revenues	(284)	200
NET CASH USED IN OPERATING ACTIVITIES	(2,114)	(8,272)
INVESTING ACTIVITIES
Investment in property and equipment	(316)	(2)
Return of capital from unconsolidted entities	10	0
Investment in unconsolidated entities	(30)	0
Contributions from consolidated joint venture partner	113	0
Distributions to consolidated joint venture partner	(1,785)	0
NET CASH USED IN INVESTING ACTIVITIES	(2,008)	(2)
FINANCING ACTIVITIES
Proceeds from issuance of 7.50% Convertible Notes	0	100,000
Principal payments of real estate borrowings	0	(237)
Repurchase 4.50% Convertible Notes	0	(17,765)
Debt issuance costs	0	(4,627)
Payment of withholding taxes related to restricted stock and units withheld	(36)	0
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	(36)	77,371
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(4,158)	69,097
Cash and cash equivalents at beginning of period	124,316	115,502
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$ 120,158	$ 184,599