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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating activities    
Net income $ 1,719 $ 857
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Amortization of debt issuance costs 195 135
Amortization of debt discounts   102
Depreciation 588 463
Provision for bad debts 155 259
Loss on sale of property and equipment   2
Deferred income tax expense 1,660  
Non-cash long-term incentive compensation expense   1,564
Stock-based compensation expense 812 20
Changes in assets and liabilities:    
Restricted cash (2,973) 332
Notes and accounts receivable 1,986 802
Real estate inventories (16,924) (14,861)
Other assets (3,104) (4,703)
Income tax receivable (5) 16,746
Accounts payable and other liabilities (9,601) (1,061)
Customer deposits 7,916 3,997
Net cash provided by (used in) operating activities (17,576) 4,654
Investing activities    
Additions to property and equipment (875) (404)
Net cash used in investing activities (875) (404)
Financing activities    
Payments of debt issuance costs (25) (248)
Payments of community development district obligations (36) (79)
Purchases of treasury stock (178)  
Net cash used in financing activities (239) (327)
Net increase (decrease) in cash and cash equivalents (18,690) 3,923
Cash and cash equivalents at the beginning of the period 213,352 81,094
Cash and cash equivalents at the end of the period $ 194,662 $ 85,017