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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues $ 272,783 [1] $ 288,995 [1] $ 806,983 [1] $ 840,553 [1]
Expenses:        
Cost of goods sold 203,749 [1] 227,863 [1] 615,682 [1] 664,113 [1]
Operating, selling, administrative and general expenses 25,841 23,277 73,734 69,142
Operating (loss) income 43,193 37,855 117,567 107,298
Other income (expenses):        
Interest expense (25,906) (25,421) (78,667) (75,431)
Change in fair value of derivatives embedded within convertible debt 6,040 4,386 (21,020) 13,248
Acceleration of interest expense related to debt conversion (7,072) 0 (14,960) (1,217)
Gain on sale of investment securities available for sale 1,640 6,017 1,640 20,558
Gain on liquidation of long-term investments 0 2,221 0 25,832
Gain on sales of townhomes 0 10 0 3,722
Other, net 341 135 856 351
Income before provision for income taxes 31,234 30,000 25,180 110,868
Income tax expense 13,302 12,451 11,043 43,645
Net income 17,932 17,549 14,137 67,223
Per basic common share:        
Net income applicable to common shares (dollars per share) $ 0.21 $ 0.21 $ 0.17 $ 0.80
Per diluted common share:        
Net income applicable to common shares (dollars per share) $ 0.21 $ 0.20 $ 0.16 $ 0.78
Cash distributions and dividends declared per share $ 0.38 $ 0.36 $ 1.14 $ 1.09
Estate [Member]
       
Other income (expenses):        
Equity income from non-consolidated real estate businesses 12,874 6,496 20,969 17,597
Equity income (loss) on long-term investments 12,874 6,496 20,969 17,597
Long Term Investment [Member]
       
Other income (expenses):        
Equity income from non-consolidated real estate businesses 124 (1,699) (1,205) (1,090)
Equity income (loss) on long-term investments $ 124 $ (1,699) $ (1,205) $ (1,090)
[1] Revenues and Cost of goods sold include excise taxes of $126,389, $141,473, $379,281 and $412,041, respectively.