ESTIMATED DEVELOPMENT LIABILITY FOR SOLD LAND (Tables)

12 Months Ended

Dec. 31, 2012

ESTIMATED DEVELOPMENT LIABILITY FOR SOLD LAND [Abstract]

Estimated development liability for sold land

The estimated development liability consists primarily of utilities improvements in Poinciana and Rio Rico for more than 8,000 home sites previously sold and is summarized as follows:

	December 31,
	2012		2011
Gross estimated unexpended costs	$	35,879	$	37,106
Less costs relating to unsold home sites		(2,905)		(3,062	)
Estimated development liability for sold land	$	32,974	$	34,044