Consolidated Statements of Operations (Unaudited) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2012	Mar. 31, 2011
Revenues
Real estate revenues	$ 26,319	$ 11,777
Interest income	31	168
Other	360	267
Total revenues	26,710	12,212
Expenses
Real estate expenses	27,902	15,968
Impairment charges	152	297
General and administrative expenses	3,306	3,401
Loss on extinguishment of debt	0	211
Interest expense	2,237	2,431
Total expenses	33,597	22,308
Loss from unconsolidated entities, net	(36)	(128)
Loss before income taxes	(6,923)	(10,224)
Income tax benefit	0	0
Net loss	(6,923)	(10,224)
Net gain (loss) attributable to non-controlling interests in consolidated entities	1,528	(127)
Net loss attributable to AV Homes	$ (8,451)	$ (10,097)
Basic and Diluted Loss Per Share (in dollars per share)	$ (0.68)	$ (0.81)