XML 31 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Assets    
Cash and cash equivalents $ 194,662 $ 213,352
Restricted cash 11,884 8,911
Notes and accounts receivable 4,966 7,107
Real estate inventories 296,829 280,293
Property and equipment, net 24,766 24,479
Other assets 21,212 18,101
Income tax receivable 82 77
Deferred tax assets, net of valuation allowances 124,024 125,646
Goodwill 7,520 7,520
Total assets 685,945 685,486
Liabilities and Equity    
Accounts payable and other liabilities 45,072 54,920
Customer deposits 28,618 20,702
Senior notes 200,000 200,000
Total liabilities 273,690 275,622
WCI Communities, Inc. shareholders' equity:    
Preferred stock, $0.01 par value; 15,000,000 shares authorized, none issued      
Common stock, $0.01 par value; 150,000,000 shares authorized, 25,824,734 shares issued and 25,787,999 shares outstanding at March 31, 2014; 25,795,072 shares issued and 25,768,035 shares outstanding at December 31, 2013 258 258
Additional paid-in capital 299,380 298,530
Retained earnings 110,464 108,984
Treasury stock, at cost, 36,735 shares and 27,037 shares at March 31, 2014 and December 31, 2013, respectively (374) (196)
Total WCI Communities, Inc. shareholders' equity 409,728 407,576
Noncontrolling interests in consolidated joint ventures 2,527 2,288
Total equity 412,255 409,864
Total liabilities and equity $ 685,945 $ 685,486