Annual report pursuant to Section 13 and 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
Dec. 31, 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 4,835  
Purchase Price not recorded 183,900  
Option/Earnest Money Deposits Cash 14,351 [1] 15,208
Number of lots recorded and unrecorded 4,835  
Purchase Price recorded and unrecorded 183,900  
Option/Earnest Money Deposits Cash recorded and unrecorded 14,351  
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 2,471 [2]  
Purchase Price not recorded 115,902 [2]  
Option/Earnest Money Deposits Cash 9,442 [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 850  
Purchase Price not recorded 21,870  
Option/Earnest Money Deposits Cash 2,934  
Total committed (on and off balance sheet) [Member]
    
Summary of lots under option or contract    
Number of lots recorded and unrecorded 3,321  
Purchase Price recorded and unrecorded 137,772  
Option/Earnest Money Deposits Cash recorded and unrecorded 12,376  
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 1,514 [3]  
Purchase Price not recorded 46,128 [3]  
Option/Earnest Money Deposits Cash $ 1,975 [3]  
[1] Amount is reflected in our consolidated balance sheet in the line item “Deposits on real estate under option or contract” as of December 31, 2012.
[2] Deposits are non-refundable except if certain contractual conditions 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.