Unaudited Summarized Quarterly Financial Information

12 Months Ended

Dec. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

Unaudited Summarized Quarterly Financial Information

Unaudited Summarized Quarterly Financial Information

Summarized unaudited quarterly financial information for the years ended December 31, 2015 and 2014 is as follows (in thousands except per share data):

	Three Months Ended
	March 31, 2015			June 30, 2015			September 30, 2015			December 31, 2015
Home, lots, land, and other sales	$	189,715		$	247,740		$	246,811		$	397,162
Cost of homes, lots, land and other sales	(154,081		)	(200,248		)	(202,057		)	(324,338		)
Gross profit	35,634			47,492			44,754			72,824
Other income, costs and expenses, net	(28,028		)	(34,242		)	(32,477		)	(45,696		)
Net income	7,606			13,250			12,277			27,128
Net income available to common stockholders	$	6,682		$	12,277		$	12,082		$	26,295
Income per common share:
Basic	$	0.18		$	0.34		$	0.33		$	0.72
Diluted	$	0.18		$	0.32		$	0.31		$	0.68

	Three Months Ended
	March 31, 2014			June 30, 2014			September 30, 2014			December 31, 2014
Home, lots, land, and other sales	$	140,299		$	169,868		$	196,305		$	352,479
Cost of homes, lots, land and other sales	(106,212		)	(129,626		)	(157,774		)	(285,448		)
Gross profit	34,087			40,242			38,531			67,031
Other income, costs and expenses, net	(22,745		)	(25,490		)	(30,909		)	(46,221		)
Net income	11,342			14,752			7,622			20,810
Net income available to common stockholders	$	8,697		$	12,285		$	5,638		$	18,005
Income per common share:
Basic	$	0.28		$	0.39		$	0.18		$	0.54
Diluted	$	0.27		$	0.38		$	0.17		$	0.52