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Consolidated Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating revenue                      
Home sales                 $ 1,795,074 $ 1,402,203 $ 1,078,928
Construction services — Note 1                 1,454 3,837 25,124
Operating revenue $ 623,283 $ 490,304 $ 422,633 $ 258,854 $ 473,221 $ 342,628 $ 325,059 $ 261,295 1,796,528 1,406,040 1,104,052
Operating costs                      
Cost of sales — homes                 (1,478,549) (1,162,337) (878,995)
Construction services — Note 1                 (1,317) (3,485) (21,181)
Sales and marketing                 (86,226) (72,509) (61,539)
General and administrative                 (90,206) (73,398) (59,161)
Amortization of intangible assets — Note 7                 0 0 (957)
Other                 (2,274) (343) (1,972)
Operating costs                 (1,658,572) (1,312,072) (1,023,805)
Operating income                 137,956 93,968 80,247
Equity in income of unconsolidated joint ventures                 3,661 5,606 3,239
Other income, net                 895 3,243 3,581
Income before extinguishment of debt                 142,512 102,817 87,067
Loss on extinguishment of debt                 (21,828) 0 0
Income before provision for income taxes                 120,684 102,817 87,067
Provision for income taxes — Note 11                 (62,933) (34,850) (26,806)
Net income 16,736 30,060 20,251 (9,296) 26,426 16,514 15,086 9,941 57,751 67,967 60,261
Less: Net income attributable to noncontrolling interests                 (9,616) (8,271) (2,925)
Net income available to common stockholders $ 11,763 $ 27,418 $ 18,954 $ (10,000) $ 23,052 $ 13,069 $ 14,561 $ 9,014 $ 48,135 $ 59,696 $ 57,336
Income per common share:                      
Basic (in USD per share) $ 0.32 $ 0.74 $ 0.51 $ (0.27) $ 0.63 $ 0.36 $ 0.40 $ 0.25 $ 1.30 $ 1.62 $ 1.57
Diluted (in USD per share) $ 0.30 $ 0.71 $ 0.49 $ (0.27) $ 0.60 $ 0.34 $ 0.38 $ 0.24 $ 1.24 $ 1.55 $ 1.48
Weighted average common shares outstanding:                      
Basic (in shares)                 37,040,137 36,764,799 36,546,227
Diluted (in shares)                 38,663,667 38,474,900 38,767,556