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Note 8 - Accrued Expenses and Other Liabilities - Changes in Warranty Accrual (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Beginning warranty accrual $ 6,898 [1] $ 6,859  
Ending warranty accrual 7,223 [1] 6,898 [1] $ 6,859
Home Building Segment [Member]      
Beginning warranty accrual 6,681 6,634 4,608
Warranty provision 2,363 2,330 1,825
Warranty assumed from joint ventures at consolidation 0 0 781
Warranty payments (2,341) (2,006) (989)
Adjustment to warranty accrual [2] 492 (277) 409
Ending warranty accrual 7,195 6,681 6,634
Fee Building Segment [Member]      
Beginning warranty accrual 217 225 323
Warranty provision 9 0 0
Warranty payments (67) (70) (3)
Adjustment to warranty accrual [3] (131) 62 (95)
Ending warranty accrual $ 28 $ 217 $ 225
[1] Included in the amount for 2019 and 2018 is approximately $1.9 million and $0.9 million, respectively, of warranty liabilities estimated to be recovered by our insurance policies.
[2] Included in the amount for 2017 is approximately $1.2 million of additional warranty liabilities estimated to be covered by our insurance policies that were adjusted to present the warranty reserves and related estimated warranty insurance receivable on a gross basis at December 31, 2017. Of the $1.2 million adjusted in 2017, approximately $0.6 million related to prior year estimated warranty insurance recoveries. Netted against the amount recorded in 2017 is a warranty accrual adjustment of $0.8 million related to a lower experience rate of expected warranty expenditures which resulted in a credit to cost of home sales of the same amount in the accompanying consolidated statement of operations. During 2018, the estimated amount to be covered by our insurance policies was reduced by $0.3 million. Netted against the amount recorded in 2018 is a warranty accrual adjustment of $43,000 related to higher expected warranty expenditures which resulted in an increase of $43,000 to cost of home sales in the accompanying consolidated statement of operations. During 2019, the Company recorded a warranty accrual adjustment of $0.5 million due to higher expected warranty expenditures which resulted in an increase of the same amount to cost of home sales in the accompanying consolidated statement of operations.
[3] Included in the amount for 2017 is a reduction of approximately $31,000 to warranty liabilities made in conjunction with adjustments made to present the warranty reserve and related estimated warranty insurance receivable on a gross basis at December 31, 2017. Netted with the 2017 amount is a $63,000 adjustment related to lower experience rate of expected warranty expenditures which resulted in a credit to fee cost of sales in the accompanying consolidated statement of operations. During 2018, the estimated amount to be covered by our insurance policies was increased by approximately $32,000. Netted with this amount was a warranty accrual adjustment of approximately $30,000 related to higher expected warranty expenditures which resulted in an increase to fee cost of sales of the same amount in the accompanying consolidated statement of operations. In 2019, the Company recorded an adjustment of $0.1 million due to a lower experience rate of expected warranty expenditures for fee building projects which resulted in a reduction of the same amount to fee cost of sales in the accompanying consolidated statement of operations.