BUSINESS SEGMENTS (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended								9 Months Ended	12 Months Ended
	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Dec. 31, 2011	Sep. 30, 2011	Jun. 30, 2011	Mar. 31, 2011	Sep. 30, 2011	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Segment Reporting Information [Line Items]
Segment revenues										$ 106,161	$ 87,869	$ 57,355
Interest income										127	309	580
Total revenues	33,159	28,652	18,966	26,710	33,701	14,703	28,366	12,212		107,487	88,982	59,138
Operating income (loss)										(283)	(15,924)	(7,223)
Interest income										127	309	580
Gain (loss) on extinguishment of debt										(1,144)	(211)	0
Equity earnings (losses) from unconsolidated entities	376	(38)	(43)	(36)	(72)	(341)	143	(128)		259	(398)	(276)
General and administrative expenses										(16,148)	(17,502)	(20,508)
Change in fair value of contingent consideration									4,388	0	(4,388)	0
Interest expense										(7,973)	(9,516)	(5,531)
Impairment of the Poinciana Parkway										(7,659)	0	0
Impairment of goodwill									(17,215)	0	(17,215)	0
Loss before income taxes	(57,779)	(11,550)	(11,431)	(6,923)	(17,483)	(121,343)	(16,654)	(10,224)		(87,683)	(165,704)	(36,057)
Assets	337,871				409,056					337,871	409,056
Poinciana Parkway	0				8,437					0	8,437
Assets held for sale	25,649				30,078					25,649	30,078
Land inventories	171,044				180,067					171,044	180,067
Property and equipment	36,661				37,976					36,661	37,976
Investments in and notes from unconsolidated entities	1,220				845					1,220	845
Receivables	6,730				7,729					6,730	7,729
Prepaid expenses and other assets	10,777				10,443					10,777	10,443
Interest expense										7,973	9,516	5,531
Impairment losses	51,679	3,784		3,428						59,043	129,947	660
Active Adult Communities [Member]
Segment Reporting Information [Line Items]
Segment revenues										43,032	39,934	36,949
Operating income (loss)										(8,919)	(12,188)	(5,043)
Interest expense										0
Assets	89,793				166,369					89,793	166,369
Interest expense										0
Depreciation expense										2,069	2,167	2,282
Impairment losses										1,620	1,060	408
Primary Residential [Member]
Segment Reporting Information [Line Items]
Segment revenues										35,936	15,272	14,209
Operating income (loss)										(9)	(7,527)	(6,284)
Interest expense											0
Assets	56,951				41,188					56,951	41,188
Interest expense											0
Depreciation expense										90	546	552
Impairment losses										15	467	252
Commercial, Industrial and Other Land Sales [Member]
Segment Reporting Information [Line Items]
Segment revenues										26,595	31,731	4,712
Operating income (loss)										8,014	3,632	3,717
Interest expense												0
Assets	30,095				8,774					30,095	8,774
Interest expense												0
Other Operations [Member]
Segment Reporting Information [Line Items]
Segment revenues										598	932	1,485
Operating income (loss)										631	159	387
Unallocated [Member]
Segment Reporting Information [Line Items]
Interest income										127	309	580
Other										1,199	804	1,203
Interest income										127	309	580
Gain (loss) on extinguishment of debt										(1,144)	(211)	0
Equity earnings (losses) from unconsolidated entities										259	(398)	(276)
General and administrative expenses										(16,148)	(17,502)	(20,508)
Change in fair value of contingent consideration										0	4,388	0
Interest expense										(7,973)	(9,516)	(5,531)
Other real estate expenses										(5,113)	(1,654)	(3,099)
Impairment of the Poinciana Parkway										(7,659)	0	0
Impairment of goodwill										0	(17,215)	0
Impairment of land developed or held for future development										(49,749)	(107,981)	0
Assets	135,383				154,210					135,383	154,210
Cash, cash equivalents and restricted cash	86,163				119,456					86,163	119,456
Land inventories	36,715				20,876					36,715	20,876
Property and equipment	2,164				845					2,164	845
Investments in and notes from unconsolidated entities	1,220				845					1,220	845
Receivables	4,661				7,584					4,661	7,584
Prepaid expenses and other assets	4,459				4,605					4,459	4,605
Interest expense										7,973	9,516	5,531
Depreciation expense										$ 476	$ 124	$ 257