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Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2014
Segment Reporting  
Schedule of financial position and operating results of segments

 

 

 

 

Three Months Ended March 31,

 

 

 

2014

 

2013

 

 

 

(in thousands)

 

Revenues

 

 

 

 

 

Homebuilding

 

$

47,995

 

$

30,491

 

Real estate services

 

18,463

 

16,429

 

Amenities

 

7,322

 

6,814

 

Total revenues

 

$

73,780

 

$

53,734

 

 

 

 

 

 

 

Operating earnings (loss)

 

 

 

 

 

Homebuilding

 

$

3,125

 

$

671

 

Real estate services

 

(119

)

397

 

Amenities

 

506

 

380

 

Other income

 

365

 

209

 

Interest expense

 

(498

)

(885

)

Income from operations before income taxes

 

$

3,379

 

$

772

 

 

 

 

March 31,

 

December 31,

 

 

 

2014

 

2013

 

 

 

(in thousands)

 

Assets

 

 

 

 

 

Homebuilding

 

$

303,831

 

$

283,386

 

Real estate services

 

17,782

 

17,723

 

Amenities

 

40,428

 

40,973

 

Corporate and unallocated

 

323,904

 

343,404

 

Total assets

 

$

685,945

 

$

685,486