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, 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 20  
Purchase Price of Option contracts recorded on balance sheet as Real estate not owned $ 481  
Option/Earnest money Deposits Cash Option contracts recorded on balance sheet as Real estate not owned 135  
Number of lots not recorded 10,590 [1]  
Purchase Price not recorded 511,292 [1]  
Option/Earnest Money Deposits Cash 34,911 [1],[2] 14,351
Number of lots recorded and unrecorded 10,610  
Purchase Price recorded and unrecorded 511,773  
Option/Earnest Money Deposits Cash recorded and unrecorded 35,046  
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 3,075 [3]  
Purchase Price not recorded 231,338 [3]  
Option/Earnest Money Deposits Cash 22,771 [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 3,048 [3]  
Purchase Price not recorded 153,414 [3]  
Option/Earnest Money Deposits Cash 9,759 [3]  
Purchase Contracts not recorded as refundable deposits committed [Member]
    
Summary of lots under option or contract    
Number of lots not recorded 327  
Purchase Price not recorded 15,432  
Option/Earnest Money Deposits Cash 216  
Total committed (on and off balance sheet) [Member]
    
Summary of lots under option or contract    
Number of lots recorded and unrecorded 6,470  
Purchase Price recorded and unrecorded 400,665  
Option/Earnest Money Deposits Cash recorded and unrecorded 32,881  
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 4,140 [4]  
Purchase Price not recorded 111,108 [4]  
Option/Earnest Money Deposits Cash $ 2,165 [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, 2013.
[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.