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
Mar. 31, 2013
Lot
Dec. 31, 2012
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 6,538  
Purchase Price not recorded 237,384  
Option/Earnest Money Deposits Cash 11,321 [1] 14,351
Number of lots recorded and unrecorded 6,538  
Purchase Price recorded and unrecorded 237,384  
Option/Earnest Money Deposits Cash recorded and unrecorded 11,321  
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 3,372 [2]  
Purchase Price not recorded 140,654 [2]  
Option/Earnest Money Deposits Cash 9,463 [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 679  
Purchase Price not recorded 26,671  
Option/Earnest Money Deposits Cash 575  
Total committed (on and off balance sheet) [Member]
    
Summary of lots under option or contract    
Number of lots recorded and unrecorded 4,051  
Purchase Price recorded and unrecorded 167,325  
Option/Earnest Money Deposits Cash recorded and unrecorded 10,038  
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 2,487 [3]  
Purchase Price not recorded 70,059 [3]  
Option/Earnest Money Deposits Cash $ 1,283 [3]  
[1] Amount is reflected in our consolidated balance sheet in the line item “Deposits on real estate under option or contract” as of March 31, 2013.
[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.