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Real Estate Inventories - Summary of Real Estate Inventories (Details) - USD ($)
10 Months Ended 12 Months Ended
Dec. 31, 2012
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2015
Real estate inventories:        
Land deposits   $ 65,873,000   $ 61,514,000
Land and land under development   1,057,860,000   1,013,650,000
Homes completed and under construction   225,496,000   495,966,000
Model homes   55,410,000   103,976,000
Total   1,404,639,000   $ 1,675,106,000
Impairment loss on real estate assets $ 0 $ 0 $ 0