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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:                        
Home sales revenue $ 69,406 $ 261,668 $ 125,142 $ 78,836 $ 42,303 $ 146,894 $ 57,878 $ 19,202 $ 56,235 $ 507,949 $ 280,209 $ 56,094
Fee building, including management fees from unconsolidated joint ventures of $1,217, $2,537, $2,431 and $4,712, respectively 55,617 60,781 52,761 30,028 42,937 47,732 29,099 26,429 46,630 186,507 149,890 93,563
Revenues 125,023       85,240         694,456 430,099 149,657
Cost of Sales:                        
Cost of home sales 60,065 221,700 105,799 69,390 36,670 122,485 48,741 16,598 47,408 433,559 235,232 46,843
Home sales impairments   2,350 0 0 0         2,350 0 0
Land sale impairment   1,150 0 0 0         1,150 0 0
Fee building 53,926 58,040 50,832 28,317 40,914 43,663 27,028 25,209 43,777 178,103 139,677 89,057
Cost of Sales 113,991       77,584         615,162 374,909 135,900
Gross Profit                        
Home sales 9,341 37,618 19,343 9,446 5,633         72,040 44,977 9,251
Gross Profit Land Sales   (1,150) 0 0 0         (1,150) 0 0
Gross Profit Fee Building 1,691 2,741 1,929 1,711 2,023         8,404 10,213 4,506
Gross Profit 11,032       7,656         79,294 55,190 13,757
Costs and Expenses                        
Selling and marketing expenses (5,001)       (3,476)         (26,744) (13,741) (3,983)
General and administrative expenses (5,090)       (5,175)         (25,882) (20,278) (12,420)
Equity in net income of unconsolidated joint ventures 306       (7)         7,691 13,767 8,443
Other income (expense), net 113       (109)         (409) (1,027) (794)
Income before income taxes 1,360 22,080 9,042 3,939 (1,111) 19,471 6,594 415 7,431 33,950 33,911 5,003
Provision for income taxes (524)       242         (13,024) (12,533) (246)
Net income 836       (869)         20,926 21,378 4,757
Net loss attributable to noncontrolling interest 10       55         96 310 30
Net income attributable to The New Home Company Inc. $ 846 $ 13,780 $ 5,547 $ 2,509 $ (814) $ 12,226 $ 4,444 $ 449 $ 4,569 $ 21,022 $ 21,688 $ 4,787
Earnings (loss) per share attributable to The New Home Company Inc.                        
Basic (in dollars per share) $ 0.04 $ 0.67 [1] $ 0.27 [1] $ 0.12 [1] $ (0.04) [1] $ 0.70 [1] $ 0.27 [1] $ 0.03 [1] $ 0.28 [1] $ 1.02 [1] $ 1.29 [1] $ 0.30
Diluted (in dollars per share) $ 0.04 $ 0.66 [1] $ 0.27 [1] $ 0.12 [1] $ (0.04) [1] $ 0.69 [1] $ 0.27 [1] $ 0.03 [1] $ 0.28 [1] $ 1.01 [1] $ 1.28 [1] $ 0.30
Weighted average number of shares outstanding                        
Basic (in shares) 20,767,464       20,599,014         20,685,386 16,767,513 15,927,917
Diluted (in shares) 20,899,263       20,599,014         20,791,445 16,941,088 15,969,199
[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.