XML 67 R55.htm IDEA: XBRL DOCUMENT v3.19.1
Senior Notes, Secured, and Unsecured Indebtedness - Condensed Consolidating Balance Sheet (Details) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Mar. 31, 2018
Dec. 31, 2017
ASSETS        
Cash and cash equivalents $ 45,709 $ 33,779 $ 50,473 $ 182,710
Receivables 15,417 13,502    
Escrow proceeds receivable 2,659 0    
Real estate inventories 2,303,536 2,333,207    
Not owned 294,085 315,576    
Investment in unconsolidated joint ventures 5,662 5,542    
Goodwill 123,695 123,695    
Intangibles, net 6,700 6,700    
Deferred income taxes 46,900 47,241    
Lease right-of-use assets 13,135 13,561    
Other assets 37,515 36,971    
Investments In Subsidiaries 0 0    
Intercompany Receivable 0 0    
Assets 2,895,013 2,929,774    
LIABILITIES AND EQUITY        
Accounts payable 108,506 128,371    
Accrued expenses 96,715 150,155    
Liabilities from inventories not owned 294,085 315,576    
Notes payable 255,231 198,019    
Total debt 1,375,506 1,321,345    
Intercompany Payable 0 0    
Liabilities 1,874,812 1,915,447    
Equity        
Stockholders' Equity Attributable to Parent 871,850 863,322    
Noncontrolling interests 148,351 151,005    
Total liabilities and equity $ 2,895,013 2,929,774    
5 3/4% Senior Notes due April 15, 2019        
LIABILITIES AND EQUITY        
Total debt   $ 0    
Equity        
Stated interest rate 5.75% 5.75%    
7% Senior Notes due August 15, 2022        
LIABILITIES AND EQUITY        
Total debt $ 347,639 $ 347,456    
Equity        
Stated interest rate 7.00% 7.00%    
6% Senior Notes due September 1, 2023        
LIABILITIES AND EQUITY        
Total debt $ 344,206 $ 343,878    
Equity        
Stated interest rate 6.00%      
5 7/8% Senior Notes due January 31, 2025        
LIABILITIES AND EQUITY        
Total debt $ 428,430 $ 431,992    
Equity        
Stated interest rate 5.875% 5.875%    
Reporting Entities | Guarantor Subsidiaries        
ASSETS        
Cash and cash equivalents $ 1,915 $ 2,888 3,576 156
Receivables 5,304 4,151    
Escrow proceeds receivable 0    
Real estate inventories 1,140,340 1,152,786    
Not owned 179,227 200,717    
Investment in unconsolidated joint ventures 150 150    
Goodwill 109,486 109,486    
Intangibles, net 6,700 6,700    
Deferred income taxes 0 0    
Lease right-of-use assets 0 0    
Other assets 8,952 9,688    
Investments In Subsidiaries (943,873) (961,950)    
Intercompany Receivable 294,625 285,675    
Assets 802,826 810,291    
LIABILITIES AND EQUITY        
Accounts payable 30,492 34,546    
Accrued expenses 12,156 26,967    
Liabilities from inventories not owned 179,225 200,717    
Notes payable 1,204 1,231    
Intercompany Payable 0 0    
Liabilities 223,077 263,461    
Equity        
Stockholders' Equity Attributable to Parent 579,749 546,830    
Noncontrolling interests 0 0    
Total liabilities and equity 802,826 810,291    
Reporting Entities | Guarantor Subsidiaries | 5 3/4% Senior Notes due April 15, 2019        
LIABILITIES AND EQUITY        
Total debt      
Reporting Entities | Guarantor Subsidiaries | 7% Senior Notes due August 15, 2022        
LIABILITIES AND EQUITY        
Total debt 0 0    
Reporting Entities | Guarantor Subsidiaries | 6% Senior Notes due September 1, 2023        
LIABILITIES AND EQUITY        
Total debt 0 0    
Reporting Entities | Guarantor Subsidiaries | 5 7/8% Senior Notes due January 31, 2025        
LIABILITIES AND EQUITY        
Total debt 0 0    
Reporting Entities | Non-Guarantor Subsidiaries        
ASSETS        
Cash and cash equivalents 9,852 9,441 7,400 11,120
Receivables 5,004 3,297    
Escrow proceeds receivable 0    
Real estate inventories 437,600 434,671    
Not owned 0 0    
Investment in unconsolidated joint ventures 0 0    
Goodwill 0 0    
Intangibles, net 0 0    
Deferred income taxes 0 0    
Lease right-of-use assets 0 0    
Other assets 1,264 486    
Investments In Subsidiaries 0 0    
Intercompany Receivable (160) 0    
Assets 453,560 447,895    
LIABILITIES AND EQUITY        
Accounts payable 14,023 15,363    
Accrued expenses 100 100    
Liabilities from inventories not owned 0 0    
Notes payable 144,026 151,788    
Intercompany Payable 123,635 113,580    
Liabilities 281,784 280,831    
Equity        
Stockholders' Equity Attributable to Parent 23,425 16,059    
Noncontrolling interests 148,351 151,005    
Total liabilities and equity 453,560 447,895    
Reporting Entities | Non-Guarantor Subsidiaries | 5 3/4% Senior Notes due April 15, 2019        
LIABILITIES AND EQUITY        
Total debt      
Reporting Entities | Non-Guarantor Subsidiaries | 7% Senior Notes due August 15, 2022        
LIABILITIES AND EQUITY        
Total debt 0 0    
Reporting Entities | Non-Guarantor Subsidiaries | 6% Senior Notes due September 1, 2023        
LIABILITIES AND EQUITY        
Total debt 0 0    
Reporting Entities | Non-Guarantor Subsidiaries | 5 7/8% Senior Notes due January 31, 2025        
LIABILITIES AND EQUITY        
Total debt 0 0    
Reporting Entities | Parent        
ASSETS        
Real estate inventories   0    
Not owned   0    
Investment in unconsolidated joint ventures   0    
Goodwill   0    
Intangibles, net   0    
Deferred income taxes   0    
Lease right-of-use assets   0    
Other assets   0    
Investments In Subsidiaries   863,322    
Intercompany Receivable   0    
Assets   863,322    
LIABILITIES AND EQUITY        
Accounts payable   0    
Accrued expenses   0    
Liabilities from inventories not owned   0    
Notes payable   0    
Intercompany Payable   0    
Liabilities   0    
Equity        
Stockholders' Equity Attributable to Parent   863,322    
Noncontrolling interests   0    
Total liabilities and equity   863,322    
Reporting Entities | Parent | 5 3/4% Senior Notes due April 15, 2019        
LIABILITIES AND EQUITY        
Total debt   0    
Reporting Entities | Parent | 7% Senior Notes due August 15, 2022        
LIABILITIES AND EQUITY        
Total debt   0    
Reporting Entities | Parent | 6% Senior Notes due September 1, 2023        
LIABILITIES AND EQUITY        
Total debt   0    
Reporting Entities | Parent | 5 7/8% Senior Notes due January 31, 2025        
LIABILITIES AND EQUITY        
Total debt   0    
Reporting Entities | Subsidiary Issuer [Member]        
ASSETS        
Real estate inventories   745,750    
Not owned   114,859    
Investment in unconsolidated joint ventures   5,392    
Goodwill   14,209    
Intangibles, net   0    
Deferred income taxes   47,241    
Lease right-of-use assets   13,561    
Other assets   26,797    
Investments In Subsidiaries   16,059    
Intercompany Receivable   0    
Assets   1,011,372    
LIABILITIES AND EQUITY        
Accounts payable   78,462    
Accrued expenses   123,088    
Liabilities from inventories not owned   114,859    
Notes payable   45,000    
Intercompany Payable   172,095    
Liabilities   1,656,830    
Equity        
Stockholders' Equity Attributable to Parent   (645,458)    
Noncontrolling interests   0    
Total liabilities and equity   1,011,372    
Reporting Entities | Subsidiary Issuer [Member] | 5 3/4% Senior Notes due April 15, 2019        
LIABILITIES AND EQUITY        
Total debt      
Reporting Entities | Subsidiary Issuer [Member] | 7% Senior Notes due August 15, 2022        
LIABILITIES AND EQUITY        
Total debt   347,456    
Reporting Entities | Subsidiary Issuer [Member] | 6% Senior Notes due September 1, 2023        
LIABILITIES AND EQUITY        
Total debt   343,878    
Reporting Entities | Subsidiary Issuer [Member] | 5 7/8% Senior Notes due January 31, 2025        
LIABILITIES AND EQUITY        
Total debt   431,992    
Reporting Entities | Delaware Lyon        
ASSETS        
Cash and cash equivalents 0 0 0 0
Receivables 0 0    
Escrow proceeds receivable 0    
Real estate inventories 0      
Not owned 0      
Investment in unconsolidated joint ventures 0      
Goodwill 0      
Intangibles, net 0      
Deferred income taxes 0      
Lease right-of-use assets 0      
Other assets 0      
Investments In Subsidiaries 871,850      
Intercompany Receivable 0      
Assets 871,850      
LIABILITIES AND EQUITY        
Accounts payable 0      
Accrued expenses 0      
Liabilities from inventories not owned 0      
Notes payable 0      
Intercompany Payable 0      
Liabilities 0      
Equity        
Stockholders' Equity Attributable to Parent 871,850      
Noncontrolling interests 0      
Total liabilities and equity 871,850      
Reporting Entities | Delaware Lyon | 7% Senior Notes due August 15, 2022        
LIABILITIES AND EQUITY        
Total debt 0      
Reporting Entities | Delaware Lyon | 6% Senior Notes due September 1, 2023        
LIABILITIES AND EQUITY        
Total debt 0      
Reporting Entities | Delaware Lyon | 5 7/8% Senior Notes due January 31, 2025        
LIABILITIES AND EQUITY        
Total debt 0      
Reporting Entities | California Lyon        
ASSETS        
Cash and cash equivalents 33,942 21,450 39,497 171,434
Receivables 5,109 6,054    
Escrow proceeds receivable 2,659    
Real estate inventories 725,596      
Not owned 114,858      
Investment in unconsolidated joint ventures 5,512      
Goodwill 14,209      
Intangibles, net 0      
Deferred income taxes 46,900      
Lease right-of-use assets 13,135      
Other assets 27,299      
Investments In Subsidiaries 23,425      
Intercompany Receivable 0      
Assets 1,012,644      
LIABILITIES AND EQUITY        
Accounts payable 63,991      
Accrued expenses 84,459      
Liabilities from inventories not owned 114,860      
Notes payable 110,001      
Intercompany Payable 170,830      
Liabilities 1,664,416      
Equity        
Stockholders' Equity Attributable to Parent (651,772)      
Noncontrolling interests 0      
Total liabilities and equity 1,012,644      
Reporting Entities | California Lyon | 7% Senior Notes due August 15, 2022        
LIABILITIES AND EQUITY        
Total debt 347,639      
Reporting Entities | California Lyon | 6% Senior Notes due September 1, 2023        
LIABILITIES AND EQUITY        
Total debt 344,206      
Reporting Entities | California Lyon | 5 7/8% Senior Notes due January 31, 2025        
LIABILITIES AND EQUITY        
Total debt 428,430      
Consolidation, Eliminations        
ASSETS        
Cash and cash equivalents 0 0 $ 0 $ 0
Receivables 0 0    
Escrow proceeds receivable 0    
Real estate inventories 0 0    
Not owned 0 0    
Investment in unconsolidated joint ventures 0 0    
Goodwill 0 0    
Intangibles, net 0 0    
Deferred income taxes 0 0    
Lease right-of-use assets 0 0    
Other assets 0 0    
Investments In Subsidiaries 48,598 82,569    
Intercompany Receivable (294,465) (285,675)    
Assets (245,867) (203,106)    
LIABILITIES AND EQUITY        
Accounts payable 0 0    
Accrued expenses 0 0    
Liabilities from inventories not owned 0 0    
Notes payable 0 0    
Intercompany Payable (294,465) (285,675)    
Liabilities (294,465) (285,675)    
Equity        
Stockholders' Equity Attributable to Parent 48,598 82,569    
Noncontrolling interests 0 0    
Total liabilities and equity (245,867) (203,106)    
Consolidation, Eliminations | 5 3/4% Senior Notes due April 15, 2019        
LIABILITIES AND EQUITY        
Total debt      
Consolidation, Eliminations | 7% Senior Notes due August 15, 2022        
LIABILITIES AND EQUITY        
Total debt 0 0    
Consolidation, Eliminations | 6% Senior Notes due September 1, 2023        
LIABILITIES AND EQUITY        
Total debt 0 0    
Consolidation, Eliminations | 5 7/8% Senior Notes due January 31, 2025        
LIABILITIES AND EQUITY        
Total debt $ 0 $ 0