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Results of Quarterly Operations Results of Quarterly Operations
 12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]
15.    Results of Quarterly Operations (Unaudited)

The following table presents our unaudited quarterly financial data. In our opinion, this information has been prepared on a basis consistent with that of our audited consolidated financial statements and all necessary material adjustments, consisting of normal recurring accruals and adjustments, have been included to present fairly the unaudited quarterly financial data. Our quarterly results of operations for these periods are not necessarily indicative of future results of operations.
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
Total
 
(Dollars in thousands, except per share amounts)
2017
 
 
 
 
 
 
 
 
 
Home sales revenue
$
69,406

 
$
96,929

 
$
114,622

 
$
279,885

 
$
560,842

Cost of home sales
60,065

 
82,488

 
95,992

 
234,668

 
473,213

Home sales impairments
—

 
1,300

 
—

 
900

 
2,200

Homebuilding gross margin
$
9,341

 
$
13,141

 
$
18,630

 
$
44,317

 
$
85,429

Fee building revenue
$
55,617

 
$
47,181

 
$
43,309

 
$
44,217

 
$
190,324

Cost of fee building
53,926

 
45,899

 
41,808

 
43,194

 
184,827

Fee building gross margin
$
1,691

 
$
1,282

 
$
1,501

 
$
1,023

 
$
5,497

Pretax income
$
1,360

 
$
2,505

 
$
6,974

 
$
21,692

 
$
32,531

Net income attributable to The New Home Company Inc.
$
846

 
$
1,517

 
$
4,318

 
$
10,471

 
$
17,152

Basic earnings per share attributable to The New Home Company Inc.(1)
$
0.04

 
$
0.07

 
$
0.21

 
$
0.50

 
$
0.82

Diluted earnings per share attributable to The New Home Company Inc.(1)
$
0.04

 
$
0.07

 
$
0.21

 
$
0.50

 
$
0.82

 
 
 
 
 
 
 
 
 
 
2016
 
 
 
 
 
 
 
 
 
Home sales revenue
$
42,303

 
$
78,836

 
$
125,142

 
$
261,668

 
$
507,949

Cost of home sales
36,670

 
69,390

 
105,799

 
221,700

 
433,559

Home sales impairments
—

 
—

 
—

 
2,350

 
2,350

Homebuilding gross margin
$
5,633

 
$
9,446

 
$
19,343

 
$
37,618

 
$
72,040

Land sale impairment
$
—

 
$
—

 
$
—

 
$
1,150

 
$
1,150

Land sales gross margin
$
—

 
$
—

 
$
—

 
$
(1,150
)
 
$
(1,150
)
Fee building revenue
$
42,937

 
$
30,028

 
$
52,761

 
$
60,781

 
$
186,507

Cost of fee building
40,914

 
28,317

 
50,832

 
58,040

 
178,103

Fee building gross margin
$
2,023

 
$
1,711

 
$
1,929

 
$
2,741

 
$
8,404

Pretax (loss) income
$
(1,111
)
 
$
3,939

 
$
9,042

 
$
22,080

 
$
33,950

Net (loss) income attributable to The New Home Company Inc.
$
(814
)
 
$
2,509

 
$
5,547

 
$
13,780

 
$
21,022

Basic (loss) earnings per share attributable to The New Home Company Inc. (1)
$
(0.04
)
 
$
0.12

 
$
0.27

 
$
0.67

 
$
1.02

Diluted (loss) earnings per share attributable to The New Home Company Inc. (1)
$
(0.04
)
 
$
0.12

 
$
0.27

 
$
0.66

 
$
1.01


 

(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.