Fair Value Disclosures (Tables)

12 Months Ended

Dec. 31, 2016

Fair Value Disclosures [Abstract]

Schedule Of Carrying Values And Estimated Fair Values Of Financial Instruments

		December 31, 2016				December 31, 2015
	Hierarchy	Carrying		Fair Value		Carrying		Fair Value
Secured note receivable(1)	Level 2	$	2,850	$	2,828	$	2,947	$	2,926
6.875% senior notes(2)	Level 2	$	253,089	$	260,090	$	251,815	$	232,503
Revolving line of credit(3)	Level 2		195,000		195,000		135,000		135,000
Land development notes(4)	Level 2		—		—		2,677		2,672
Insurance premium notes(3)	Level 2		5,999		5,999		751		751
Total notes payable and revolving line of credit		$	454,088	$	463,689	$	390,243	$	370,926

(1)	The estimated fair value of the secured note received in connection with the disposition of the golf course in our Tuscany community in our Nevada operating segment as of December 31, 2016 and 2015 was based on a cash flow model discounted at market interest rates that considered the underlying risks of the note.
(2)	Estimated fair value of the Senior Notes at December 31, 2016 and 2015 incorporated recent trading activity of the Senior Notes in inactive markets.
(3)	Carrying amount approximates fair value due to short-term nature and interest rate terms.
(4)	The estimated fair values of the land development notes at December 31, 2015 were based on cash flow models discounted at market interest rates that considered underlying risks of the debt.