Contracts and Accounts Receivable (Tables)

3 Months Ended

Mar. 31, 2017

Receivables [Abstract]

Schedule of contracts and accounts receivables

Contracts and accounts receivable consist of the following:

	March 31,			December 31,
	2017			2016
	(Dollars in thousands)
Contracts receivable:
Costs incurred on fee building projects	$	53,926		$	178,103
Estimated earnings	1,691			8,404
	55,617			186,507
Less: amounts collected during the period	(34,730		)	(162,203		)
Contracts receivable	$	20,887		$	24,304
Contracts receivable:
Billed	$	—		$	—
Unbilled	20,887			24,304
	20,887			24,304
Accounts receivable:
Escrow receivables	4,795			3,385
Other receivables	—			144
Contracts and accounts receivable	$	25,682		$	27,833

Contracts and accounts receivable consist of the following:

	December 31,
	2016			2015
	(Dollars in thousands)
Contracts receivable:
Costs incurred on fee building projects	$	178,103		$	139,677
Estimated earnings	8,404			10,213
	186,507			149,890
Less: amounts collected during the period	(162,203		)	(132,109		)
Contracts receivable	$	24,304		$	17,781
Contracts receivable:
Billed	$	—		$	—
Unbilled	24,304			17,781
	24,304			17,781
Accounts receivable:
Escrow receivables	3,385			6,179
Other receivables	144			—
Contracts and accounts receivable	$	27,833		$	23,960