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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues:                      
Home sales $ 187,258 $ 119,874 $ 117,460 $ 79,437 $ 279,885 $ 114,622 $ 96,929 $ 69,406 $ 504,029 $ 560,842 $ 507,949
Fee building, including management fees from unconsolidated joint ventures of $3,385, $4,945 and $8,202, respectively 42,408 39,240 38,095 43,794 44,217 43,309 47,181 55,617 163,537 190,324 186,507
Revenues                 667,566 751,166 694,456
Cost of Sales:                      
Home sales 162,034 102,124 102,678 69,694 234,668 95,992 82,488 60,065 436,530 473,213 433,559
Home sales impairments 10,000 0 0 0 900 0 1,300 0 10,000 2,200 2,350
Land sale impairment                 0 0 1,150
Fee building 41,275 38,124 37,038 42,699 43,194 41,808 45,899 53,926 159,136 184,827 178,103
Cost of Sales                 605,666 660,240 615,162
Gross Margin:                      
Gross Profit Home Sales 15,224 17,750 14,782 9,743 44,317 18,630 13,141 9,341 57,499 85,429 72,040
Gross Profit Land Sales                 0 0 (1,150)
Gross Profit Fee Building 1,133 1,116 1,057 1,095 1,023 1,501 1,282 1,691 4,401 5,497 8,404
Gross Margin                 61,900 90,926 79,294
Expenses:                      
Selling and marketing expenses                 (36,065) (32,702) (26,744)
General and administrative expenses                 (25,966) (26,330) (25,882)
Equity in net income (loss) of unconsolidated joint ventures                 (19,653) 866 7,691
Other income (expense), net                 (521) (229) (409)
Pretax income (loss) (22,376) 3,400 182 (1,511) 21,692 6,974 2,505 1,360 (20,305) 32,531 33,950
(Provision) benefit for income taxes                 6,075 (15,390) (13,024)
Net income (loss)                 (14,230) 17,141 20,926
Net loss attributable to non-controlling interest                 14 11 96
Net income (loss) attributable to The New Home Company Inc. $ (16,150) $ 2,459 $ 115 $ (640) $ 10,471 $ 4,318 $ 1,517 $ 846 $ (14,216) $ 17,152 $ 21,022
Earnings (loss) per share attributable to The New Home Company Inc.:                      
Earnings Per Share, Basic $ (0.80) [1] $ 0.12 [1] $ 0.01 [1] $ (0.03) [1] $ 0.50 $ 0.21 $ 0.07 $ 0.04 $ (0.69) [1] $ 0.82 $ 1.02
Earnings Per Share, Diluted $ (0.80) $ 0.12 [1] $ 0.01 [1] $ (0.03) [1] $ 0.50 $ 0.21 $ 0.07 $ 0.04 $ (0.69) [1] $ 0.82 $ 1.01
Weighted average number of shares outstanding                      
Basic (in shares)                 20,703,967 20,849,736 20,685,386
Diluted (in shares)                 20,703,967 20,995,498 20,791,445
[1] (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