Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities:
Net income	$ 22,073	$ 18,478
Depreciation, Depletion and Amortization	199	873
Adjustments to reconcile net income to net cash used in operating activities:
Allocated Share-based Compensation Expense	980	318
Deferred income taxes, net	8,477	5,751
Changes in operating assets and liabilities
Increase in restricted cash	(24,735)	(764)
Decrease in accounts receivable	1,247	22
Increase in inventory	(77,335)	(31,470)
Decrease (increase) in earnest money deposits	3,708	(9,965)
Decrease (increase) in other assets	866	(1,143)
Increase in accounts payable	22,214	752
Increase (decrease) in accrued expenses	5,470	(3,492)
Increase (decrease) in customer and builder deposits	8,380	(1,358)
Net cash used in operating activities	(28,456)	(21,998)
Cash flows from investing activities
Proceeds from sale of investment in direct financing leases	0	2,768
Acquisition of property and equipment	(343)	(662)
Net cash (used in) provided by investing activities	(343)	2,106
Cash flows from financing activities
Borrowings from lines of credit	63,000	42,460
Proceeds from notes payable	1,425	3,206
Repayments of lines of credit	(29,000)	(42,561)
Repayments of notes payable	(1,870)	(3,898)
Repayment of term loan facility	0	(150,000)
ProceedsFromEquityIssuanceNetOfIssuanceCosts	0	169,983
Contributions from noncontrolling interests	2,921	87
Distributions to noncontrolling interests	(9,130)	(6,423)
Net cash provided by financing activities	27,346	12,854
Net cash provided by financing activities	(1,453)	(7,038)
Cash and cash equivalents at beginning of period	21,207	22,651
Cash and cash equivalents at beginning of period	19,754	15,613
Supplemental disclosure of cash flow information:
Cash paid for interest, net of capitalized interest	0	2,764
Cash paid for taxes	1,037	1,143
Supplemental disclosure of noncash investing and financing activities:
(Decrease) increase in obligations related to land not owned under option agreements		12,255
Out-of-period equity adjustment	$ 0	$ 1,933