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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended 3 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Mar. 31, 2012
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Oct. 25, 2010
Dec. 31, 2012
Land and Other Inventory [Member]
Dec. 31, 2012
Homes Completed or Under Construction [Member]
Sep. 30, 2012
Homes Completed or Under Construction [Member]
Jun. 30, 2012
Homes Completed or Under Construction [Member]
Mar. 31, 2012
Homes Completed or Under Construction [Member]
Dec. 31, 2012
Homes Completed or Under Construction [Member]
Dec. 31, 2011
Homes Completed or Under Construction [Member]
Dec. 31, 2012
Land Developed and or Held for Future Development or Sale [Member]
Sep. 30, 2012
Land Developed and or Held for Future Development or Sale [Member]
Mar. 31, 2012
Land Developed and or Held for Future Development or Sale [Member]
Dec. 31, 2012
Land Developed and or Held for Future Development or Sale [Member]
Dec. 31, 2011
Land Developed and or Held for Future Development or Sale [Member]
Dec. 31, 2012
Minimum [Member]
Dec. 31, 2012
Minimum [Member]
Land Improvements [Member]
Dec. 31, 2012
Minimum [Member]
Building and Building Improvements [Member]
Dec. 31, 2012
Minimum [Member]
Machinery, Equipment and Fixtures [Member]
Dec. 31, 2012
Maximum [Member]
Dec. 31, 2012
Maximum [Member]
Land Improvements [Member]
Dec. 31, 2012
Maximum [Member]
Building and Building Improvements [Member]
Dec. 31, 2012
Maximum [Member]
Machinery, Equipment and Fixtures [Member]
Dec. 31, 2012
Wells Fargo Deposit Account [Member]
Dec. 31, 2012
Land Escrow [Member]
Oct. 25, 2010
JEN Transaction [Member]
Oct. 25, 2010
JEN Transaction [Member]
Arizona [Member]
CantaMia [Member]
Recreationcenters
Houses
Lots
Acquisitionphases
Unitsacquired
Dec. 31, 2011
JEN Transaction [Member]
Arizona [Member]
CantaMia [Member]
Phase II [Member]
Dec. 31, 2010
JEN Transaction [Member]
Arizona [Member]
CantaMia [Member]
Phase III [Member]
Oct. 25, 2010
JEN Transaction [Member]
Arizona [Member]
Various Arizona Properties [Member]
Lots
Houses
Oct. 25, 2010
JEN Transaction [Member]
Florida [Member]
Dec. 31, 2011
JEN Transaction [Member]
Florida [Member]
Dec. 31, 2010
JEN Transaction [Member]
Florida [Member]
Oct. 25, 2010
JEN Transaction [Member]
Florida [Member]
Note 1 [Member]
Oct. 25, 2010
JEN Transaction [Member]
Florida [Member]
Note 2 [Member]
Oct. 25, 2010
JEN Transaction [Member]
Florida [Member]
Sharpe Properties [Member]
Lots
Multifamilytracts
Salescenters
acre
Commercialsites
Business Acquisition [Line Items]                                                                                
Purchase price                                                           $ 62,000                    
Contingent consideration, maximum earn-out                                                           8,000                    
Reimbursed expenditures                                                           3,600                    
Number of units acquired                                                             1,767                  
Number of acquisition phases                                                             3                  
Number of partially or fully developed lots                                                             593     16            
Number of houses completed or under construction                                                             29     15            
Number of recreation centers                                                             1                  
Number of sales centers                                                                               1
Number of undeveloped lots available under option                                                             1,138                  
Option purchase price                                                               6,000 3,600              
Option purchase price paid                                                                 1,000              
Number of developed lots available under option                                                                   99            
Number of acres                                                                               445
Number of partially developed single-family and townhome lots                                                                               839
Number of multifamily tracts                                                                               1
Number of commercial sites                                                                               1
Size of commercial site (in acres)                                                                               2
Acquisition date fair value of the consideration transferred                                                                     69,085          
Consideration transferred, cash paid                                                                     33,600          
Consideration transferred, restricted common stock                                                                     19,698          
Consideration transferred, restricted common stock (in shares)                                                                     1,050,572          
Term of Lock-up Agreement                                                                     2 years          
Consideration transferred, notes                                                                     12,000          
Note maturity term                                                                           1 year 2 years  
Contingent consideration (earn-out)                                                                     4,149          
Contingent consideration, maximum common stock earn-out (in shares)                                                                     420,168          
Increase in earn-out liability                                                                         4,388      
Fair value of earn-out                                                                       0        
Legal and accounting expense incurred for the JEN Transaction                                                                         1,800      
Estimated fair values of assets acquired and liabilities assumed [Abstract]                                                                                
Land and other inventories             57,824                                                                  
Less: Net liabilities assumed             (5,954)                                                                  
Net identifiable assets acquired             51,870                                                                  
Goodwill             17,215                                                                  
Net assets acquired             69,085                                                                  
Revenues from operations related to the assets and properties acquired in the JEN Transaction                                                                       4,408        
Losses from operations related to the assets and properties acquired in the JEN Transaction                                                                       1,025        
Business combination, pro forma information [Abstract]                                                                                
Total revenues           66,112                                                                    
Net Loss           37,619                                                                    
Percentage of indirect limited partnership interest owned by Chairman and BOD member in acquired affiliate                                                                         1.50%      
Cash and Cash Equivalents and Restricted Cash                                                                                
Closing proceeds from house closings held by the title insurance agency 554     554                                                                        
Restricted cash and cash equivalents items [Line Items]                                                                                
Restricted cash 4,682     4,682 7,872                                             3,613                        
Escrow funds                                                         477                      
Income Tax Receivable [Abstract]                                                                                
Income Taxes Receivable 1,293     1,293 1,293                                                                      
Impaired Long-Lived Assets Held and Used [Line Items]                                                                                
Discount rate used in the determination of fair value minimum (in hundredths)                                       15.00%       28.00%                                
Impairment charges 51,679 3,784 3,428 59,043 129,947 660     95 807 152 581 1,635 1,527 43,925 2,977 2,847 49,749 107,981                                          
Undiscounted cash flows limitations related to carry values (in hundredths)               25.00%                                                                
Property, Plant and Equipment [Line Items]                                                                                
Estimated useful lives                                         10 years 8 years 3 years   25 years 39 years 7 years                          
Impairment expense related to amenities due to sale $ 0     $ 0 $ 0