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Consolidated Statements of Cash Flows (unaudited) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
OPERATING ACTIVITIES    
Net loss $ (4,759) $ (6,923)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 645 942
Amortization of stock-based compensation 282 420
Impairment of land and other inventories 0 152
Loss from unconsolidated entities 63 36
Changes in operating assets and liabilities:    
Restricted cash (45) 851
Receivables, net 368 (1,836)
Land and other inventories (9,782) 5,994
Assets held for sale 5,458 3,949
Prepaid expenses and other assets 621 (167)
Accounts payable, estimated development liability and accrued and other liabilities (1,358) (5,248)
Customer deposits and deferred revenues 171 (284)
NET CASH USED IN OPERATING ACTIVITIES (8,336) (2,114)
INVESTING ACTIVITIES    
Investment in property and equipment (379) (316)
Return of capital from unconsolidated entities 0 10
Investment in unconsolidated entities (83) (30)
NET CASH USED IN INVESTING ACTIVITIES (462) (336)
FINANCING ACTIVITIES    
Contributions from consolidated joint venture partner 104 113
Distributions to consolidated joint venture partner 0 (1,785)
Payment of withholding taxes related to restricted stock and units withheld (34) (36)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 70 (1,708)
DECREASE IN CASH AND CASH EQUIVALENTS (8,728) (4,158)
Cash and cash equivalents at beginning of period 79,815 124,316
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 71,087 $ 120,158