Fair Value Disclosures (Tables)

12 Months Ended

Dec. 31, 2016

Fair Value Disclosures [Abstract]

Carrying Value and Fair Value of Financial Instruments

The carrying value and fair value of our financial instruments are as follows:

		As of December 31, 2016				As of December 31, 2015
(Dollars in thousands)	Level in Fair Value Hierarchy	Carrying Value		Estimated Fair Value		Carrying Value		Estimated Fair Value
Description:
Mortgage loans held for sale	2	$	233,184	$	233,184	$	201,733	$	201,733
Interest Rate Lock Commitments	2	1,987		1,987		—		—
Mortgage Backed Securities	2	304		304		—		—
Mortgage borrowings	2	198,564		198,564		183,444		183,444
Loans payable and other borrowings	2	150,485		150,485		134,824		134,824
5.25% Senior Notes due 2021 (1)	2	544,911		563,750		543,713		552,750
5.875% Senior Notes due 2023 (1)	2	346,431		355,250		345,840		346,500
5.625% Senior Notes due 2024 (1)	2	346,142		353,500		345,604		336,000
Revolving Credit Facility (2)	2	—		—		115,000		115,000
Contingent consideration liability	3	17,200		17,200		20,082		20,082

⁽¹⁾ Carrying value for Senior Notes, as presented, includes unamortized debt issuance costs. Debt issuance costs are not factored into the fair value calculation for the Senior Notes.

⁽²⁾ At December 31, 2016, we had no borrowings outstanding on our Revolving Credit Facility.

Fair Value of Assets Measured on a Nonrecurring Basis

The following table presents the fair value for our inventories measured at fair value on a nonrecurring basis:

(Dollars in thousands)		For the Years Ended December 31,
Description:	Level in Fair Value Hierarchy	2016		2015
Inventories	3	$	3,778	$	—