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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Assets    
Cash and cash equivalents $ 124,316 $ 115,502
Restricted cash 7,872 8,422
Land and other inventories 180,067 248,909
Receivables, net 7,729 6,434
Income tax receivable 1,293 1,766
Property and equipment, net 37,976 39,290
Poinciana Parkway 8,437 8,452
Investments in and notes receivable from unconsolidated entities 845 5,194
Prepaid expenses and other assets 10,443 10,242
Goodwill 0 17,215
Assets held for sale 30,078 84,025
Total Assets 409,056 545,451
Liabilities    
Accounts payable 3,357 3,743
Accrued and other liabilities 9,996 6,929
Customer deposits and deferred revenues 1,611 2,557
Earn-out liability 0 4,388
Estimated development liability for sold land 34,044 31,843
Notes, mortgage notes and other debt:    
Corporate 105,402 64,445
Real estate 0 12,612
Total Liabilities 154,410 126,517
Stockholders' Equity    
Common Stock, par value $1 per share Authorized: 50,000,000 shares Issued: 14,194,776 shares at December 31, 2011 15,562,732 shares at December 31, 2010 14,195 15,563
Additional paid-in capital 282,953 305,672
Retained earnings 2,973 176,265
Equity before treasury stock 300,121 497,500
Treasury stock: at cost, 1,252,274 shares at December 31, 2011 and 2,662,106 at December 31, 2010 (45,924) (79,010)
Total AV Homes stockholders' equity 254,197 418,490
Non-controlling interest 449 444
Total Equity 254,646 418,934
Total Liabilities and Stockholders' Equity $ 409,056 $ 545,451