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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Assets    
Cash and cash equivalents $ 120,158 $ 124,316
Restricted cash 7,021 7,872
Land and other inventories 175,493 180,067
Receivables, net 9,565 7,729
Income tax receivable 1,293 1,293
Property and equipment, net 36,268 37,976
Poinciana Parkway 8,437 8,437
Investments in unconsolidated entities 825 845
Prepaid expenses and other assets 10,327 10,443
Assets held for sale 26,129 30,078
Total Assets 395,516 409,056
Liabilities    
Accounts payable 2,003 3,357
Accrued and other liabilities 6,405 9,996
Customer deposits and deferred revenues 1,327 1,611
Estimated development liability for sold land 33,944 34,044
Notes, mortgage notes and other debts 105,402 105,402
Total Liabilities 149,081 154,410
Stockholders' Equity    
Common Stock, par value $1 per share Authorized: 50,000,000 shares Issued: 13,285,804 shares at March 31, 2012 14,194,776 shares at December 31, 2011 13,286 14,195
Additional paid-in capital 260,186 282,953
Retained (deficit) earnings (24,324) 2,973
Equity before treasury stock 249,148 300,121
Treasury stock: at cost, 110,874 shares at March 31, 2012 and 1,252,274 shares at December 31, 2011 (3,019) (45,924)
Total AV Homes stockholders' equity 246,129 254,197
Non-controlling interest 306 449
Total Equity 246,435 254,646
Total Liabilities and Stockholders' Equity $ 395,516 $ 409,056