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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2019
Operating revenue $ 465,469,000 $ 921,333,000
Operating costs    
Sales and marketing (25,366,000) (50,643,000)
General and administrative (29,472,000) (58,598,000)
Transaction expenses 0 0
Other (695,000) (1,039,000)
Total operating costs (446,801,000) (884,561,000)
Financial services income (loss) (834,000) 78,000
Operating income (loss) 18,668,000 36,772,000
Equity in income of unconsolidated joint ventures — Note 5 1,378,000 2,290,000
Income (Loss) From Financial Services Operations (1,222,000) (1,222,000)
Other income (loss), net 453,000 1,084,000
Income before extinguishment of debt 18,287,000 37,934,000
Gain on extinguishment of debt 0 383,000
Income (loss) before provision for income taxes 18,287,000 38,317,000
Provision for income taxes (3,857,000) (8,753,000)
Net income (loss) 14,430,000 29,564,000
Less: Net income attributable to noncontrolling interests (3,979,000) (10,994,000)
Net income available to common stockholders $ 10,451,000 $ 18,570,000
Income per common share:    
Basic (in USD per share) $ 0.28 $ 0.49
Diluted (in USD per share) $ 0.27 $ 0.48
Weighted average common shares outstanding:    
Basic (in shares) 37,818,127 37,715,019
Diluted (in shares) 39,260,702 39,051,131
Home sales    
Operating revenue $ 463,517,000 $ 917,292,000
Operating costs    
Cost of goods and services sold 389,483,000 770,527,000
Construction services    
Operating revenue 1,952,000 4,041,000
Operating costs    
Cost of goods and services sold 1,785,000 3,754,000
South Pacific Financial Corporation [Member]    
Operating revenues 465,469,000 921,333,000
Other Expense [Member] | South Pacific Financial Corporation [Member]    
Operating costs    
Transaction expenses (990,000) (990,000)
Financial services income (loss) $ (834,000) $ 78,000