Quarterly report pursuant to Section 13 or 15(d)

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

v2.4.0.8
Variable Interest Entities and Consolidated Real Estate Not Owned (Details) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Lot
Dec. 31, 2013
Summary of lots under option or contract    
Number of lots of Option contracts recorded on balance sheet as Real estate not owned 70  
Land under Purchase Options, Recorded $ 4,999 $ 289
Option/earnest money deposits related to option contracts recorded on balance sheet as Real estate not owned 700  
Number of lots not recorded 15,704 [1]  
Purchase Price not recorded 861,078 [1]  
Deposits on real estate under option or contract 80,263 [1],[2] 51,595
Number of lots recorded and unrecorded 15,774  
Purchase Price recorded and unrecorded 866,077  
Option/Earnest Money Deposits Cash recorded and unrecorded 80,963  
Option Contracts Not Recorded On Balance Sheet Non Refundable Deposits Committed [Member] [Member]
   
Summary of lots under option or contract    
Number of lots not recorded 5,891 [3]  
Purchase Price not recorded 430,970 [3]  
Deposits on real estate under option or contract 55,422 [3]  
Purchase Contracts Not Recorded On Balance Sheet Non Refundable Deposits Committed [Member] [Member]
   
Summary of lots under option or contract    
Number of lots not recorded 4,124 [3]  
Purchase Price not recorded 241,093 [3]  
Deposits on real estate under option or contract 21,012 [3]  
Purchase Contracts not recorded on balance sheet-refundable deposits, committed [Member]
   
Summary of lots under option or contract    
Number of lots not recorded 641  
Purchase Price not recorded 25,434  
Deposits on real estate under option or contract 1,227  
Total committed (on and off balance sheet) [Member]
   
Summary of lots under option or contract    
Number of lots recorded and unrecorded 10,726  
Purchase Price recorded and unrecorded 702,496  
Option/Earnest Money Deposits Cash recorded and unrecorded 78,361  
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 5,048 [4]  
Purchase Price not recorded 163,581 [4]  
Deposits on real estate under option or contract $ 2,602 [4]  
[1] (3)Except for our specific performance option contracts recorded on our balance sheet as Real estate not owned, none of our option agreements require us to purchase lots.
[2] Amount is reflected in our consolidated balance sheet in the line item Deposits on real estate under option or contract as of September 30, 2014.
[3] Deposits are generally non-refundable except if certain contractual conditions fail or certain contractual obligations are not performed by the selling party.
[4] 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.