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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 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Mar. 31, 2020
Dec. 31, 2019
Mar. 31, 2019
Dec. 31, 2018
Cash and cash equivalents $ 85,588 $ 48,224 $ 85,588 $ 48,224   $ 79,314    
Restricted Cash, Total 144 124 144 124   117    
Real estate inventories 370,949   370,949     433,938    
Other assets 48,864   48,864     25,880    
Total assets 541,594   541,594     603,189    
Total liabilities 344,516   344,516     370,430    
The New Home Company's equity(1) 196,966   196,966     232,647    
Stockholders' Equity Attributable to Noncontrolling Interest, Ending Balance 112   112     112    
Total equity 197,078 239,193 197,078 239,193 $ 222,336 232,759 $ 237,079 $ 240,030
Total liabilities and equity 541,594   541,594     603,189    
Revenues 98,960 162,749 230,993 281,597        
Cost of sales and expenses 106,211 145,295 226,577 251,132        
Net income of unconsolidated joint ventures (24,293) 1,591 (32,769) (396)        
Equity in net income (loss) of unconsolidated joint ventures reflected in the accompanying condensed consolidated statements of operations (19,962) 185 (21,899) 369        
Gross margin (7,251) 17,454 4,416 30,465        
Net income (loss) (0) 19 (0) 19        
Equity Method Investment, Nonconsolidated Investee or Group of Investees [Member]                
Cash and cash equivalents 28,375   28,375     31,484    
Restricted Cash, Total 13,250   13,250     13,852    
Real estate inventories 221,972   221,972     241,416    
Other assets 3,778   3,778     3,843    
Total assets 267,375   267,375     290,595    
Accounts payable and accrued liabilities 11,100   11,100     16,778    
Notes payable 11,633   11,633     28,665    
Total liabilities 22,733   22,733     45,443    
The New Home Company's equity(1) [1] 28,465   28,465     27,722    
Stockholders' Equity Attributable to Noncontrolling Interest, Ending Balance 216,177   216,177     217,430    
Total equity 244,642   244,642     245,152    
Total liabilities and equity $ 267,375   $ 267,375     $ 290,595    
Debt-to-capitalization ratio 4.50%   4.50%     10.50%    
Debt-to-equity ratio 4.80%   4.80%     11.70%    
Revenues $ 30,290 59,078 $ 61,937 101,365        
Cost of sales and expenses 28,672 57,288 58,957 99,062        
Net income of unconsolidated joint ventures 1,618 1,790 2,980 2,303        
Equity in net income (loss) of unconsolidated joint ventures reflected in the accompanying condensed consolidated statements of operations (19,962) 185 (21,899) 369        
Unconsolidated Joint Venture with More than 20 Percent Loss Allocation [Member]                
Revenues 26,198 45,167 45,746 77,463        
Cost of sales and expenses 24,012 41,352 41,314 70,686        
Equity in net income (loss) of unconsolidated joint ventures reflected in the accompanying condensed consolidated statements of operations (19,926) 247 (19,718) 486        
Gross margin 2,186 3,815 4,432 6,777        
Expenses 1,243 1,990 2,590 3,852        
Net income (loss) $ 943 $ 1,825 $ 1,842 $ 2,925        
[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 $15.5 million due to other-than-temporary impairment charges to the Company's investment, interest capitalized to the Company's investment in joint ventures and certain other differences in outside basis.