Warranty Costs

3 Months Ended

Mar. 31, 2012

Warranty Costs [Abstract]

Warranty Costs

Note I - Warranty Costs

Warranty reserves for houses are established to cover estimated costs for materials and labor with regard to warranty-type claims to be incurred subsequent to the closing of a house. Reserves are determined based on historical data and other relevant factors. We may have recourse against subcontractors for claims relating to workmanship and materials. Warranty reserves are included in Accrued and Other Liabilities in the consolidated balance sheets.

During the three months ended March 31, 2012 and 2011 changes in the warranty reserve consisted of the following:

	Three Months
	2012		2011
Accrued warranty reserve, beginning of period	$	537	$	477
Estimated warranty expense		163		74
Amounts charged against warranty reserve		(99)		(100	)
Accrued warranty reserve, end of period	$	601	$	451