Financial Information Relating To Reportable Segments

6 Months Ended

Jun. 30, 2011

Financial Information Relating To Reportable Segments [Abstract]

Financial Information Relating To Reportable Segments

Financial Information Relating To Reportable Segments

The following table summarizes Avatar's information for reportable segments for the six and three months ended June 30, 2011 and 2010:

	Six Months						Three Months
Revenues:	2011			2010			2011			2010
Segment revenues
Active adult communities	$	17,273		$	17,053		$	9,467		$	12,375
Primary residential		6,938			8,315			3,283			3,693
Commercial and industrial and other land sales		15,065			23			15,065			23
Other operations		702			599			391			408
		39,978			25,990			28,206			16,499
Unallocated revenues
Interest income		300			254			132			132
Other		300			681			28			671
Total revenues	$	40,578		$	26,925		$	28,366		$	17,302
Operating income (loss):
Segment operating income (loss)
Active adult communities	$	(5,450	)	$	(1,478	)	$	(3,112	)	$	535
Primary residential		(2,214	)		(2,503	)		(979	)		(861	)
Commercial and industrial and other land sales		6,817			(27	)		6,817			10
Other operations		113			270			70			279
		(734	)		(3,738	)		2,796			(37	)
Unallocated income (expenses):
Interest income		300			254			132			132
Loss on repurchase of 4.50% Notes		(211	)		-			-			-
Equity earnings (losses) from unconsolidated entities		15			(207	)		143			(117	)
Net loss attributable to non-controlling interests		255			272			128			139
General and administrative expenses		(6,750	)		(7,845	)		(3,349	)		(3,762	)
Interest expense		(4,793	)		(3,162	)		(2,362	)		(1,486	)
Other real estate expenses		(1,605	)		(1,453	)		(914	)		(612	)
Impairment of land developed or held for future development		(13,100	)		-			(13,100	)		-
Loss before income taxes	$	(26,623	)	$	(15,879	)	$	(16,526	)	$	(5,743	)