Variable Interest Entities (Tables)

9 Months Ended

Sep. 30, 2012

Variable Interest Entities [Abstract]

Consolidated Condensed Balance Sheets of Unconsolidated Entities

The following are the consolidated condensed balance sheets of our unconsolidated entities as of September 30, 2012 and December 31, 2011:

	September 30,		December 31,
	2012		2011
Assets:
Cash	$	76	$	197
Land and other inventory		6,928		6,928
Other assets		3		11
Total assets	$	7,007	$	7,136
Liabilities and Partners' Capital:
Accounts payable and accrued liabilities	$	1,892	$	1,900
Partners' Capital of:
AV Homes		813		845
Equity partners		4,302		4,391
Total liabilities and partners' capital	$	7,007	$	7,136

Consolidated Condensed Statement of Operations of Unconsolidated Entities

The following are the consolidated condensed statements of operations of our unconsolidated entities for the nine and three months ended September 30, 2012 and 2011:

	Nine Months					Three Months
	2012			2011		2012			2011
Revenues	$	-		$	6,081	$	-		$	2,205
Costs and expenses		287			5,620		93			1,953
Net loss from unconsolidated entities		(287	)		461		(93	)		252
AV Homes' share of loss from unconsolidated entities	$	(117	)	$	326	$	(38	)	$	341