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Computation of Earnings (Loss) Per Share (Tables)
 9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Schedule of components used in the computation of basic and diluted earnings per share
The following table sets forth the components used in the computation of basic and diluted earnings (loss) per share for the three and nine months ended September 30, 2015 and 2014:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
 
(Dollars in thousands, except per share amounts)
Numerator:
 
 
 
 
 
 
 
Net income (loss) attributable to The New Home Company Inc.
$
4,444

 
$
(1,059
)
 
$
9,462

 
$
(533
)
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
Basic weighted-average shares outstanding
16,516,546

 
16,448,750

 
16,507,736

 
15,696,435

Effect of dilutive shares:
 
 
 
 
 
 
 
Stock options and unvested restricted stock units
217,259

 
—

 
152,937

 
—

Diluted weighted-average shares outstanding
16,733,805

 
16,448,750

 
16,660,673

 
15,696,435

 
 
 
 
 
 
 
 
Basic earnings (loss) per share attributable to The New Home Company Inc.
$
0.27

 
$
(0.06
)
 
$
0.57

 
$
(0.03
)
Diluted earnings (loss) per share attributable to The New Home Company Inc.
$
0.27

 
$
(0.06
)
 
$
0.57

 
$
(0.03
)
 
 
 
 
 
 
 
 
Antidilutive stock options and unvested restricted stock units not included in diluted earnings (loss) per share
14,318

 
922,882

 
5,087

 
811,777

Basic and diluted earnings (loss) per share and pro forma basic and diluted loss per share give effect to the conversion of the Company's members' equity into common stock on January 30, 2014 as though the conversion had occurred as of the beginning of the reporting period or the original date of issuance, if later. See Note 2.
 
Three Months Ended 
 September 30, 2014
 
Nine Months Ended 
 September 30, 2014
 
(Dollars in thousands, except per share amounts)
Loss before taxes
$
(1,821
)
 
$
(3,349
)
Pro forma income tax benefit to reflect the conversion to a C Corporation
655

 
1,232

Pro forma net loss
(1,166
)
 
(2,117
)
Net loss attributable to noncontrolling interests
206

 
240

Pro forma net loss attributable to The New Home Company Inc.
$
(960
)
 
$
(1,877
)
Pro forma basic loss per share attributable to The New Home Company Inc.
$
(0.06
)
 
$
(0.12
)
Pro forma diluted loss per share attributable to The New Home Company Inc.
$
(0.06
)
 
$
(0.12
)