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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Net cash provided by operating activities $ 57,829 $ 36,587
Cash flows from investing activities:    
Sale of investment securities 0 19,703
Purchase of investment securities (1,148) (1,788)
Proceeds from sale or liquidation of long-term investments 72 62,219
Purchase of long-term investments (5,000) (10,000)
Investments in non-consolidated real estate businesses (9,667) (6,712)
Distributions from non-consolidated real estate businesses 6,221 2,425
Proceeds from sale of townhomes, net 0 19,629
Increase in cash surrender value of life insurance policies (620) (677)
(Increase) decrease in restricted assets (53) 1,775
Issuance of notes receivable (234) (161)
Proceeds from sale of fixed assets 404 9
Capital expenditures (7,394) (4,872)
Net cash (used in) provided by investing activities (17,419) 81,550
Cash flows from financing activities:    
Proceeds from debt issuance 14,018 77
Deferred financing costs (315) 0
Repayments of debt (13,493) (2,281)
Borrowings under revolver 525,350 486,298
Repayments on revolver (532,082) (521,995)
Dividends and distributions on common stock (66,112) (61,846)
Proceeds from exercise of employee stock options 45 966
Tax benefit of employee stock options exercised 4 808
Net cash used in financing activities (72,585) (97,973)
Net (decrease) increase in cash and cash equivalents (32,175) 20,164
Cash and cash equivalents, beginning of period 240,923 299,825
Cash and cash equivalents, end of period $ 208,748 $ 319,989