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Consolidated Statements of Operations and Comprehensive income (loss) (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues        
Real estate revenues $ 18,920 $ 28,201 $ 45,239 $ 39,978
Interest income 32 132 63 300
Other 14 33 374 300
Total revenues 18,966 28,366 45,676 40,578
Expenses        
Real estate expenses 21,453 25,652 49,355 41,620
Impairment charges 3,428 13,800 3,580 14,097
General and administrative expenses 3,357 3,349 6,663 6,750
Loss on extinguishment of debt 0 0 0 211
Interest expense 2,116 2,362 4,353 4,793
Total expenses 30,354 45,163 63,951 67,471
(Loss) earnings from unconsolidated entities, net (43) 143 (79) 15
Loss before income taxes (11,431) (16,654) (18,354) (26,878)
Income tax benefit 0 0 0 0
Net loss and comprehensive income (loss) (11,431) (16,654) (18,354) (26,878)
Net income (loss) and comprehensive income (loss) attributable to non-controlling interests in consolidated entities (86) (128) 1,442 (255)
Net loss and comprehensive income (loss) attributable to AV Homes $ (11,345) $ (16,526) $ (19,796) $ (26,623)
Basic and Diluted Loss Per Share (in dollars per share) $ (0.91) $ (1.33) $ (1.58) $ (2.14)