Business Segments

3 Months Ended

Mar. 31, 2012

Business Segments [Abstract]

Business Segments

Note U - Business Segments

The following table summarizes AV Homes' information for reportable segments for the three months ended March 31, 2012 and 2011:

	Three Months
Revenues:	2012			2011
Segment revenues
Active adult communities	$	9,805			7,806
Primary residential		7,633			3,655
Commercial and industrial and other land sales		9,058			-
Other operations		144			311
		26,640			11,772
Unallocated revenues
Interest income		31			168
Other		39			272
Total revenues	$	26,710			12,212
Operating income (loss):
Segment operating income (loss)
Active adult communities	$	(2,647	)		(2,338	)
Primary residential		204			(1,235	)
Commercial and industrial and other land sales		3,091			-
Other operations		50			43
		698			(3,530	)
Unallocated income (expenses)
Interest income		31			168
Loss on repurchase of 4.50% Notes		-			(211	)
Equity loss from unconsolidated entities		(36	)		(128	)
Net (gain)/loss attributable to non-controlling interests		(1,528	)		127
General and administrative expenses		(3,306	)		(3,401	)
Interest expense		(2,237	)		(2,431	)
Other real estate expenses		(2,073	)		(691	)
Loss before income taxes attributable to AV Homes	$	(8,451	)	$	(10,097	)