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Real Estate Inventories and Capitalized Interest (Details) (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Real estate inventory      
Land and land improvements held for development or sale $ 207,810,000 $ 140,048,000  
Work in progress 38,486,000 18,943,000  
Completed inventories 25,372,000 15,005,000  
Investments in amenities 8,625,000 9,172,000  
Total real estate inventories 280,293,000 183,168,000  
Carrying value of land and land improvements held for sale 1,800,000 1,800,000  
Single and multi-family inventories represented as a percentage of total real estate inventories 89.00% 84.00%  
High-rise inventories represented as a percentage of total real estate inventories 8.00% 11.00%  
Capitalized interest      
Capitalized interest at the beginning of year 7,959,000 1,014,000 741,000
Interest incurred 14,278,000 16,227,000 18,215,000
Interest expensed (2,537,000) (6,978,000) (16,954,000)
Interest charged to cost of sales (4,257,000) (2,304,000) (988,000)
Capitalized interest at the end of year $ 15,443,000 $ 7,959,000 $ 1,014,000