Quarterly report pursuant to Section 13 or 15(d)

Variable Interest Entities and Consolidated Real Estate Not Owned (Details)

v2.4.0.6
Variable Interest Entities and Consolidated Real Estate Not Owned (Details) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Lot
Dec. 31, 2011
Summary of lots under option or contract    
Number of lots of Option contracts recorded on balance sheet as Real estate not owned 0  
Purchase Price of Option contracts recorded on balance sheet as Real estate not owned $ 0  
Option/Earnest money Deposits Cash Option contracts recorded on balance sheet as Real estate not owned 0  
Number of lots not recorded 4,081  
Purchase Price not recorded 170,940  
Option/Earnest Money Deposits Cash 12,983 [1] 15,208
Number of lots recorded and unrecorded 4,081  
Purchase Price recorded and unrecorded 170,940  
Option/Earnest Money Deposits Cash recorded and unrecorded 12,983  
Option and Purchase contracts not recorded on balance sheet - non-refundable deposits, committed [Member]"
    
Summary of lots under option or contract    
Number of lots not recorded 2,415 [2]  
Purchase Price not recorded 122,914 [2]  
Option/Earnest Money Deposits Cash 11,748 [2]  
Option and Purchase contracts not recorded on balance sheet - refundable deposits, committed [Member]
    
Summary of lots under option or contract    
Number of lots not recorded 227  
Purchase Price not recorded 5,116  
Option/Earnest Money Deposits Cash 185  
Total committed (on and off balance sheet) [Member]
    
Summary of lots under option or contract    
Number of lots recorded and unrecorded 2,642  
Purchase Price recorded and unrecorded 128,030  
Option/Earnest Money Deposits Cash recorded and unrecorded 11,933  
Option and Purchase contracts not recorded on balance sheet - refundable deposits, uncommitted [Member]
    
Summary of lots under option or contract    
Number of lots not recorded 1,439 [3]  
Purchase Price not recorded 42,910 [3]  
Option/Earnest Money Deposits Cash $ 1,050 [3]  
[1] Amount is reflected in our consolidated balance sheet in the line item “Deposits on real estate under option or contract” as of September 30, 2012.
[2] Deposits are generally non-refundable except if certain contractual conditions fail or certain contractual obligations are not performed by the selling party.
[3] Deposits are refundable at our sole discretion. We have not completed our acquisition evaluation process and we have not internally committed to purchase these lots.