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
Jun. 30, 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 10,174  
Purchase Price not recorded 400,143  
Option/Earnest Money Deposits Cash 21,712 [1] 14,351
Number of lots recorded and unrecorded 10,174  
Purchase Price recorded and unrecorded 400,143  
Option/Earnest Money Deposits Cash recorded and unrecorded 21,712  
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 4,842 [2]  
Purchase Price not recorded 210,769 [2]  
Option/Earnest Money Deposits Cash 18,131 [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 610  
Purchase Price not recorded 30,785  
Option/Earnest Money Deposits Cash 555  
Total committed (on and off balance sheet) [Member]
    
Summary of lots under option or contract    
Number of lots recorded and unrecorded 5,452  
Purchase Price recorded and unrecorded 241,554  
Option/Earnest Money Deposits Cash recorded and unrecorded 18,686  
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 4,722 [3]  
Purchase Price not recorded 158,589 [3]  
Option/Earnest Money Deposits Cash $ 3,026 [3]  
[1] Amount is reflected in our consolidated balance sheet in the line item “Deposits on real estate under option or contract” as of June 30, 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.