Cheiridopsis peculiaris

This one sure looks... peculiar!
That's probably something everybody thinks when they first see it, including the person who named it.
Looking though the pictures online I still can't tell how exactly it grows. Is it like - first it grows those floppy leaves, than some fat round-ish ones with flowers inside and than floppy ones again? Does it have two monilaria-like sets of leaves? 
It does get a nice lilac color in the strong sun I'm very much looking forward to.

Thanks for your comment