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Note 6 - Investments in and Advances to Unconsolidated Joint Ventures - Condensed Combined Financial Statements for Unconsolidated Joint Ventures (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Dec. 31, 2018
Cash and cash equivalents $ 87,863 $ 41,874 $ 79,314  
Restricted Cash, Total 424 116 117  
Real estate inventories 398,973   433,938  
Other assets 31,105   25,880  
Total assets 579,936   603,189  
Total liabilities 357,600   370,430  
The New Home Company's equity(1) 222,224   232,647  
Stockholders' Equity Attributable to Noncontrolling Interest, Ending Balance 112   112  
Total equity 222,336 237,079 232,759 $ 240,030
Total liabilities and equity 579,936   603,189  
Revenue from Contract with Customer, Including Assessed Tax 132,033 118,848    
Cost of Goods and Services Sold, Total 120,366 105,837    
Net income of unconsolidated joint ventures (8,476) (1,987)    
Equity in net income (loss) of unconsolidated joint ventures reflected in the accompanying condensed consolidated statements of operations (1,937) 184    
Gross margin 11,667 13,011    
Net income (loss) (0) (0)    
Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member]        
Cash and cash equivalents 30,514   31,484  
Restricted Cash, Total 13,237   13,852  
Real estate inventories 234,460   241,416  
Other assets 4,108   3,843  
Total assets 282,319   290,595  
Accounts payable and accrued liabilities 16,570   16,778  
Notes payable 21,910   28,665  
Total liabilities 38,480   45,443  
The New Home Company's equity(1) [1] 28,403   27,722  
Stockholders' Equity Attributable to Noncontrolling Interest, Ending Balance 215,436   217,430  
Total equity 243,839   245,152  
Total liabilities and equity $ 282,319   $ 290,595  
Debt-to-capitalization ratio 8.20%   10.50%  
Debt-to-equity ratio 9.00%   11.70%  
Revenue from Contract with Customer, Including Assessed Tax $ 31,647 42,287    
Cost of Goods and Services Sold, Total 30,285 41,774    
Net income of unconsolidated joint ventures 1,362 513    
Unconsolidated Joint Venture with More than 20 Percent Loss Allocation [Member]        
Revenue from Contract with Customer, Including Assessed Tax 4,624 3,698    
Cost of Goods and Services Sold, Total 3,065 3,375    
Equity in net income (loss) of unconsolidated joint ventures reflected in the accompanying condensed consolidated statements of operations (2,226) (30)    
Gross margin 1,559 323    
Expenses 674 636    
Net income (loss) $ 885 $ (313)    
[1] Balance represents the Company's interest, as reflected in the financial records of the respective joint ventures. This balance differs from the investment in and advances to unconsolidated joint ventures balance reflected in the Company's consolidated balance sheets by $0.8 million due an other-than-temporary impairment charge to the Company's investment, interest capitalized to the Company's investment in joint ventures and certain other differences in outside basis.