Computation of Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2017

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 per share for the years ended December 31, 2017, 2016 and 2015:

	Year Ended December 31,
	2017		2016		2015
	(Dollars in thousands, except per share amounts)
Numerator:
Net income attributable to The New Home Company Inc.	$	17,152	$	21,022	$	21,688
Denominator:
Basic weighted-average shares outstanding	20,849,736		20,685,386		16,767,513
Effect of dilutive shares:
Stock options and unvested restricted stock units	145,762		106,059		173,575
Diluted weighted-average shares outstanding	20,995,498		20,791,445		16,941,088
Basic earnings per share attributable to The New Home Company Inc.	$	0.82	$	1.02	$	1.29
Diluted earnings per share attributable to The New Home Company Inc.	$	0.82	$	1.01	$	1.28
Antidilutive stock options and unvested restricted stock units not included in diluted earnings per share	7,074		849,977		7,414