Annual report pursuant to Section 13 and 15(d)

Operating and Reporting Segments (Details)

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Operating and Reporting Segments (Details) (USD $)
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Segment Reporting Information [Line Items]                      
Land closing revenue                 $ 31,270,000 $ 9,314,000 $ 360,000
Revenue                      
Revenue 536,194,000 492,080,000 449,950,000 336,435,000 364,586,000 342,643,000 282,095,000 204,350,000 1,814,659,000 [1] 1,193,674,000 [1] 861,244,000 [1]
Segment operating income                      
Total homebuilding segment operating income (2)                 209,408,000 [2] 77,800,000 [2] 22,937,000 [2]
Financial Services Operating Profit                 15,954,000 10,255,000 6,563,000
Corporate and unallocated                 (31,216,000) [3] (22,619,000) [3] (20,925,000) [3]
Loss from unconsolidated entities, net                 (378,000) (224,000) (714,000)
Interest expense                 (15,092,000) (24,244,000) (30,399,000)
Loss on early extinguishment of debt                 (3,796,000) (5,772,000) 0
Other (expense)/income, net                 2,792,000 (6,342,000) 2,162,000
Earnings/(loss) before income taxes 65,879,000 56,786,000 38,532,000 16,475,000 23,600,000 [4] 6,986,000 [4] 2,842,000 [4] (4,574,000) [4] 177,672,000 28,854,000 (20,376,000)
West [Member]
                     
Segment Reporting Information [Line Items]                      
Land closing revenue                 11,600,000 6,500,000  
Revenue                      
Revenue                 937,050,000 [1] 600,227,000 [1] 366,265,000 [1]
Segment operating income                      
Total homebuilding segment operating income (2)                 131,352,000 [2] 44,727,000 [1] 5,037,000 [1]
Central [Member]
                     
Segment Reporting Information [Line Items]                      
Land closing revenue                 16,200,000 2,000,000 360,000
Revenue                      
Revenue                 508,961,000 [1] 392,678,000 [1] 395,638,000 [1]
Segment operating income                      
Total homebuilding segment operating income (2)                 38,499,000 [2] 17,790,000 [1] 11,042,000 [1]
East [Member]
                     
Segment Reporting Information [Line Items]                      
Land closing revenue                 3,500,000 790,000  
Revenue                      
Revenue                 368,648,000 [1] 200,769,000 [1] 99,341,000 [1]
Segment operating income                      
Total homebuilding segment operating income (2)                 $ 39,557,000 [2] $ 15,283,000 [1] $ 6,858,000 [1]
[1] Revenue includes the following land closing revenue, by segment: 2013 – $11.6 million in the West Region, $16.2 million in the Central Region and $3.5 million in the East Region; 2012 – $6.5 million in the West Region, $2.0 million in the Central Region and $790,000 in the East Region; 2011 – $360,000 in the Central Region.
[2] (2)Operating income includes the following real-estate related and joint venture related impairments: Years Ended December 31, 2013 2012 2011West $514 $1,618 $11,333Central 235 219 2,896East 238 172 1,095Total $987 $2,009 $15,324
[3] Balance consists primarily of corporate costs and numerous shared service functions such as finance and treasury that are not allocated to the homebuilding or financial reporting segments.
[4] In the third quarter of 2012, we recorded an $8.7 million charge related to a litigation accrual.