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Unaudited Summarized Quarterly Financial Information (Tables)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Summarized Unaudited 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