CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $) In Thousands, unless otherwise specified	Sep. 30, 2012	Dec. 31, 2011
ASSETS
Unrestricted cash and cash equivalents	$ 100,236	$ 80,931
Restricted cash ($38,913 and $35,876 in VIEs in December 31, 2011 and September 30, 2012, respectively)	60,148	51,125
Notes receivable, net ($375,904 and $370,121 in VIEs at December 31, 2011 and September 30, 2012, respectively)	489,440	512,517
Inventory	280,569	302,843
Prepaid expenses	8,563	4,120
Other assets	52,901	47,100
Property and equipment, net	69,157	70,112
Assets held for sale		28,625
Total assets	1,061,014	1,097,373	[1]
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	10,908	8,834
Accrued liabilities and other	73,811	62,878
Deferred income	30,304	24,549
Deferred income taxes	35,546	15,776
Receivable-backed notes payable - recourse ($15,826 and $11,511 in VIEs at December 31, 2011 and September 30, 2012, respectively)	65,063	110,016
Receivable-backed notes payable - non-recourse (in VIEs)	373,385	369,314
Lines-of-credit and notes payable	20,396	86,817
Junior subordinated debentures	110,827	110,827
Total liabilities	720,240	789,011
Contingencies (Note 8)
Shareholders' Equity
Preferred stock, $.01 par value, 1,000 shares authorized; none issued
Common stock, $.01 par value, 140,000 shares authorized; 31,288 and 31,349 shares issued December 31, 2011 and September 30, 2012, respectively	313	313
Additional paid-in capital	193,672	191,999
Retained earnings	107,588	77,018
Total Bluegreen Corporation shareholders' equity	301,573	269,330
Non-controlling interest	39,201	39,032
Total shareholders' equity	340,774	308,362
Total liabilities and shareholders' equity	$ 1,061,014	$ 1,097,373	[1]

[1] The Condensed Consolidated Balance Sheet at December 31, 2011 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by United States generally accepted accounting principles for complete financial statements.