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Note 16 - Results of Quarterly Operations (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Notes Tables  
Quarterly Financial Information [Table Text Block]
   

First Quarter

   

Second Quarter

   

Third Quarter

   

Fourth Quarter

   

Total

 
   

(Dollars in thousands, except per share amounts)

 

2019

                                       
Home sales revenue   $ 99,186     $ 140,464     $ 118,781     $ 173,921     $ 532,352  
Cost of home sales     86,569       123,525       105,763       153,700       469,557  
Home sales impairments                 1,700       6,600       8,300  

Homebuilding gross margin

  $ 12,617     $ 16,939     $ 11,318     $ 13,621     $ 54,495  
Land sales revenue   $     $     $ 24,573     $ 17,091     $ 41,664  
Cost of land sales                 26,078       17,091       43,169  
Land sales impairments                 1,900             1,900  

Land sales gross margin

  $     $     $ (3,405 )   $     $ (3,405 )
Fee building revenue   $ 19,662     $ 22,285     $ 22,262     $ 31,124     $ 95,333  
Cost of fee building     19,268       21,770       21,615       30,628       93,281  

Fee building gross margin

  $ 394     $ 515     $ 647     $ 496     $ 2,052  
Pretax income (loss)   $ (2,651 )   $ 2,565     $ (4,778 )   $ (6,952 )   $ (11,816 )
Net income (loss) attributable to The New Home Company Inc.   $ (1,987 )   $ 1,572     $ (4,624 )   $ (2,998 )   $ (8,037 )
Basic earnings (loss) per share attributable to The New Home Company Inc.(1)   $ (0.10 )   $ 0.08     $ (0.23 )   $ (0.15 )   $ (0.40 )
Diluted earnings (loss) per share attributable to The New Home Company Inc.(1)   $ (0.10 )   $ 0.08     $ (0.23 )   $ (0.15 )   $ (0.40 )
                                         

2018

                                       

Home sales revenue

  $ 79,437     $ 117,460     $ 119,874     $ 187,258     $ 504,029  

Cost of home sales

    69,694       102,678       102,124       162,034       436,530  

Home sales impairments

                      10,000       10,000  

Homebuilding gross margin

  $ 9,743     $ 14,782     $ 17,750     $ 15,224     $ 57,499  

Fee building revenue

  $ 43,794     $ 38,095     $ 39,240     $ 42,408     $ 163,537  

Cost of fee building

    42,699       37,038       38,124       41,275       159,136  

Fee building gross margin

  $ 1,095     $ 1,057     $ 1,116     $ 1,133     $ 4,401  

Pretax income (loss)

  $ (1,511 )   $ 182     $ 3,400     $ (22,376 )   $ (20,305 )

Net income (loss) attributable to The New Home Company Inc.

  $ (640 )   $ 115     $ 2,459     $ (16,150 )   $ (14,216 )

Basic earnings (loss) per share attributable to The New Home Company Inc.(1)

  $ (0.03 )   $ 0.01     $ 0.12     $ (0.80 )   $ (0.69 )

Diluted earnings (loss) per share attributable to The New Home Company Inc.(1)

  $ (0.03 )   $ 0.01     $ 0.12     $ (0.80 )   $ (0.69 )