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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
Assets  
Cash and cash equivalents$ 134,427$ 115,502
Restricted cash7,8358,422
Land and other inventories196,808261,713
Receivables, net5,5636,434
Income tax receivable1,4161,766
Property and equipment, net38,51239,290
Poinciana Parkway8,4528,452
Investments in and notes receivable from unconsolidated entities8615,194
Prepaid expenses and other assets11,81510,242
Goodwill017,215
Assets held for sale30,11771,221
Total Assets435,806545,451
Liabilities  
Accounts payable2,1953,743
Accrued and other liabilities10,0306,929
Customer deposits and deferred revenues1,9732,557
Estimated development liability for sold land34,19231,843
Earn-out liability04,388
Notes, mortgage notes and other debt:  
Corporate105,40264,445
Real estate9,93312,612
Total Liabilities163,725126,517
Stockholders' Equity  
Common Stock, par value $1 per share Authorized: 50,000,000 shares Issued: 15,364,489 shares at September 30, 2011 and 15,562,732 shares at December 31, 201015,36515,563
Additional paid-in capital307,432305,672
Retained earnings28,081176,265
Equity before treasury stock350,878497,500
Treasury stock: at cost, 2,664,592 shares at September 30, 2011 and 2,662,106 shares at December 31, 2010(79,049)(79,010)
Total Avatar stockholders' equity271,829418,490
Non-controlling interest252444
Total Equity272,081418,934
Total Liabilities and Stockholders' Equity$ 435,806$ 545,451