Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Revenues
Real estate revenues	$ 28,526	$ 13,986	$ 73,765	$ 53,964
Interest income	32	95	95	395
Other	94	622	468	922
Total revenues	28,652	14,703	74,328	55,281
Expenses
Real estate expenses	29,700	19,152	79,055	60,772
Impairment charges	3,784	112,389	7,364	126,486
General and administrative expenses	3,633	5,093	10,296	12,865
Loss on extinguishment of debt	1,144	0	1,144	211
Change in fair value of contingent consideration	0	(3,366)	0	(4,388)
Interest expense	1,903	2,437	6,256	7,230
Total expenses	40,164	135,705	104,115	203,176
(Loss) from unconsolidated entities, net	(38)	(341)	(117)	(326)
Loss before income taxes	(11,550)	(121,343)	(29,904)	(148,221)
Income tax benefit	0	(350)	0	(350)
Net loss and comprehensive income (loss)	(11,550)	(121,693)	(29,904)	(148,571)
Net income (loss) and comprehensive income (loss) attributable to non-controlling interests in consolidated entities	33	(132)	1,475	(387)
Net loss and comprehensive income (loss) attributable to AV Homes	$ (11,583)	$ (121,561)	$ (31,379)	$ (148,184)
Basic and Diluted Loss Per Share (in dollars per share)	$ (0.92)	$ (9.76)	$ (2.50)	$ (11.91)