Quarterly report pursuant to Section 13 or 15(d)

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

v3.2.0.727
Variable Interest Entities and Consolidated Real Estate Not Owned (Details) - Jun. 30, 2015
$ in Thousands
USD ($)
Lot
Projected Number of Lots  
Land under purchase contracts and options, recorded, number of lots | Lot 0
Land under options, not recorded, non-refundable, committed, number of lots | Lot [1] 6,706
Land under purchase contracts, not recorded, non-refundable, committed, number of lots | Lot [1] 2,516
Land under purchase contracts, not recorded, refundable, committed, number of lots | Lot 907
Land under purchase contracts and options, committed, number of lots | Lot 10,129
Land under purchase contracts and options, not recorded, refundable, uncommitted, number of lots | Lot [2] 5,576
Land under purchase contracts and options, number of lots | Lot 15,705
Land under options, not recorded, number of lots | Lot [3] 15,705
Purchase Price  
Land under purchase contracts and options, recorded $ 0
Land under options, not recorded, non-refundable, committed [1] 537,038
Land under purchase contracts, not recorded, non-refundable, committed [1] 125,952
Land under purchase contracts, not recorded, refundable, committed 31,835
Land under purchase contracts and options, committed 694,825
Land under purchase contracts and options, not recorded, refundable, uncommitted [2] 281,864
Land under purchase contracts and options 976,689
Land under options, not recorded [3] 976,689
Option/ Earnest Money Deposits–Cash  
Land under purchase contracts and options, recorded, cash deposits 0
Land under options, not recorded, non-refundable, committed, cash deposits [1] 73,925
Land under purchase contracts, not recorded, non-refundable, committed, cash deposits [1] 13,321
Land under purchase contracts, not recorded, refundable, committed, cash deposits 748
Land under purchase contracts and options, committed, cash deposits 87,994
Land under purchase contracts and options, not recorded, refundable, uncommitted, cash deposits [2] 4,091
Land under purchase contracts and options, cash deposits 92,085
Land under options, not recorded, cash deposits [3],[4] $ 92,085
[1] Deposits are non-refundable except if certain contractual conditions are not performed by the selling party.
[2] 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.
[3] Except for our specific performance contracts recorded on our balance sheet as Real estate not owned, if any, none of our option agreements require us to purchase lots.
[4] Amount is reflected in our consolidated balance sheet in the line item Deposits on real estate under option or contract as of June 30, 2015.