XML 23 R33.htm IDEA: XBRL DOCUMENT v2.4.0.6
VARIABLE INTEREST ENTITIES (Tables)
12 Months Ended
Dec. 31, 2012
VARIABLE INTEREST ENTITIES [Abstract]  
Consolidated condensed balance sheets of unconsolidated entities
The consolidated condensed balance sheets of our unconsolidated entities are:
 
 
 
December 31,
2012
  
December 31,
2011
 
Assets :
 
 
  
 
 
Cash
 $53  $197 
Land and other inventory
  6,126   6,928 
Other assets
  6   11 
Total assets
 $6,185  $7,136 
 
Liabilities and Partners' Capital :
    
 
 
Accounts payable and accrued liabilities
 $83  $1,900 
Partners' Capital of:
        
AV Homes
  1,220   845 
Equity partner
  4,882   4,391 
Total liabilities and partners' capital
 $6,185  $7,136 

Consolidated condensed statement of operations of unconsolidated entities
The consolidated condensed statements of operations of our unconsolidated entities for the years ended December 31, are:
 
 
 
2012
 
 
2011
 
 
2010
 
Revenues
 
$
1,849
     
6,081
 
 
$
507
 
Costs and expenses
 
 
1,193
     
5,768
 
 
 
1,213
 
Net gain/(loss) from unconsolidated entities
 
$
656
     
313
 
 
$
(706
)
AV Homes' share of loss from unconsolidated entities
 
$
259
     
(398
)
 
$
(276
)