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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues:      
Revenues $ 507,411 $ 669,349 $ 667,566
Cost of Sales:      
Impairments 19,000 10,200 10,000
Cost of Revenue, Total 465,766 616,207 605,666
Gross Margin:      
Gross margin 41,645 53,142 61,900
Selling and marketing expenses (30,777) (36,357) (36,065)
General and administrative expenses (26,699) (25,723) (25,966)
Equity in net loss of unconsolidated joint ventures (18,791) (3,503) (19,653)
Interest expense (3,655) 0 0
Project abandonment costs (14,098) (94) (206)
Gain (loss) on early extinguishment of debt (7,254) 1,164 (0)
Other income (expense), net 173 (445) (315)
Pretax loss (59,456) (11,816) (20,305)
Benefit for income taxes 26,587 3,815 6,075
Net loss (32,869) (8,001) (14,230)
Net (income) loss attributable to non-controlling interest 50 (36) 14
Net loss attributable to The New Home Company Inc. $ (32,819) $ (8,037) $ (14,216)
Loss per share attributable to The New Home Company Inc.:      
Basic (in dollars per share) $ (1.76) [1] $ (0.40) [1] $ (0.69)
Diluted (in dollars per share) $ (1.76) [1] $ (0.40) [1] $ (0.69)
Weighted average shares outstanding:      
Basic (in shares) 18,680,993 20,063,148 20,703,967
Diluted (in shares) 18,680,993 20,063,148 20,703,967
Home Building [Member]      
Revenues:      
Revenues $ 426,251 $ 532,352 $ 504,029
Cost of Sales:      
Cost of Sales 367,026 469,557 436,530
Impairments 19,000 8,300 10,000
Gross Margin:      
Gross margin 40,225 54,495 57,499
Pretax loss (60,876) (13,868) (24,706)
Land [Member]      
Revenues:      
Revenues 157 41,664  
Cost of Sales:      
Cost of Sales 157 43,169  
Impairments 0 1,900 0
Gross Margin:      
Gross margin   (3,405)  
Construction [Member]      
Revenues:      
Revenues 81,003 95,333 163,537
Cost of Sales:      
Cost of Sales 79,583 93,281 159,136
Gross Margin:      
Gross margin 1,420 2,052 4,401
Pretax loss $ 1,420 $ 2,052 $ 4,401
[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.