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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues:                      
Revenue                 $ 669,349 $ 667,566 $ 751,166
Cost of Sales:                      
Cost of Sales                 616,207 605,666 660,240
Cost of sales, impairments                 10,200 10,000 2,200
Gross Margin:                      
Gross Margin                 53,142 61,900 90,926
Selling and marketing expenses                 (36,357) (36,065) (32,702)
General and administrative expenses                 (25,723) (25,966) (26,330)
Equity in net income (loss) of unconsolidated joint ventures                 (3,503) (19,653) 866
Gain on early extinguishment of debt                 1,164 0 0
Other income (expense), net                 (539) (521) (229)
Pretax income (loss) $ (6,952) $ (4,778) $ 2,565 $ (2,651) $ (22,376) $ 3,400 $ 182 $ (1,511) (11,816) (20,305) 32,531
(Provision) benefit for income taxes                 3,815 6,075 (15,390)
Net income (loss)                 (8,001) (14,230) 17,141
Net (income) loss attributable to non-controlling interest                 (36) 14 11
Net income (loss) attributable to The New Home Company Inc. $ (2,998) $ (4,624) $ 1,572 $ (1,987) $ (16,150) $ 2,459 $ 115 $ (640) $ (8,037) $ (14,216) $ 17,152
Earnings (loss) per share attributable to The New Home Company Inc.:                      
Basic (in dollars per share) $ (0.15) [1] $ (0.23) [1] $ 0.08 [1] $ (0.10) [1] $ (0.80) [1] $ 0.12 [1] $ 0.01 [1] $ (0.03) [1] $ (0.40) [1] $ (0.69) [1] $ 0.82
Diluted (in dollars per share) $ (0.15) [1] $ (0.23) [1] $ 0.08 [1] $ (0.10) [1] $ (0.80) [1] $ 0.12 [1] $ 0.01 [1] $ (0.03) [1] $ (0.40) [1] $ (0.69) [1] $ 0.82
Weighted average shares outstanding:                      
Basic (in shares)                 20,063,148 20,703,967 20,849,736
Diluted (in shares)                 20,063,148 20,703,967 20,995,498
Home Building [Member]                      
Revenues:                      
Revenue $ 173,921 $ 118,781 $ 140,464 $ 99,186 $ 187,258 $ 119,874 $ 117,460 $ 79,437 $ 532,352 $ 504,029 $ 560,842
Cost of Sales:                      
Cost of Sales 153,700 105,763 123,525 86,569 162,034 102,124 102,678 69,694 469,557 436,530 473,213
Cost of sales, impairments 6,600 1,700 0 0 10,000 0 0 0 8,300 10,000 2,200
Gross Margin:                      
Gross Margin 13,621 11,318 16,939 12,617 15,224 17,750 14,782 9,743 54,495 57,499 85,429
Pretax income (loss)                 (13,868) (24,706) 27,034
Land [Member]                      
Revenues:                      
Revenue 17,091 24,573 0 0         41,664 0 0
Cost of Sales:                      
Cost of Sales 17,091 26,078 0 0         43,169 0 0
Cost of sales, impairments 0 1,900 0 0         1,900 0 0
Gross Margin:                      
Gross Margin 0 (3,405) 0 0         (3,405) 0 0
Construction [Member]                      
Revenues:                      
Revenue 31,124 22,262 22,285 19,662 42,408 39,240 38,095 43,794 95,333 163,537 190,324
Cost of Sales:                      
Cost of Sales 30,628 21,615 21,770 19,268 41,275 38,124 37,038 42,699 93,281 159,136 184,827
Gross Margin:                      
Gross Margin $ 496 $ 647 $ 515 $ 394 $ 1,133 $ 1,116 $ 1,057 $ 1,095 2,052 4,401 5,497
Pretax income (loss)                 $ 2,052 $ 4,401 $ 5,497
[1] Some amounts do not add to our full year results presented on our consolidated statement of operations due to rounding differences in quarterly and annual weighted average share calculations.