Consolidated Statements of Cash Flows (Unaudited) (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
OPERATING ACTIVITIES
Net loss (including net loss attributable to non-controlling interests)	$ (18,354)	$ (26,878)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	2,189	1,915
Amortization of stock-based compensation	845	643
Impairment of land and other inventories	3,580	14,097
Change in fair value of contingent consideration	0	(1,022)
Distribution (return) of earnings from unconsolidated entities	0	3,248
Equity loss (earnings) from unconsolidated entities	79	(15)
Changes in operating assets and liabilities:
Restricted cash	2,352	42
Receivables, net	(601)	802
Land and other inventories	1,898	(49)
Assets held for sale	4,000	0
Prepaid expenses and other assets	(958)	1,922
Accounts payable and accrued and other liabilities	684	1,908
Customer deposits and deferred revenues	(131)	(159)
NET CASH USED IN OPERATING ACTIVITIES	(4,417)	(3,546)
INVESTING ACTIVITIES
Investment in property and equipment	(2,336)	(35)
Return of capital from unconsolidated entities	13	0
Investment in unconsolidated entities	(66)	0
NET CASH USED IN INVESTING ACTIVITIES	(2,389)	(35)
FINANCING ACTIVITIES
Proceeds from issuance of 7.50% Convertible Notes	0	100,000
Principal payments of real estate borrowings	0	(1,856)
Repurchase 4.50% Convertible Notes	0	(59,402)
Debt issuance costs	0	(4,627)
Payment of withholding taxes related to restricted stock and units withheld	(36)	0
Contributions from consolidated joint venture partner	189	0
Distributions to consolidated joint venture partner	(1,785)	0
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	(1,632)	34,115
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(8,438)	30,534
Cash and cash equivalents at beginning of period	124,316	115,502
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$ 115,878	$ 146,036