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QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)
12 Months Ended
Dec. 31, 2012
QUARTERLY FINANCIAL DATA (UNAUDITED) [Abstract]  
Summarized quarterly financial data
Summarized quarterly financial data for 2012 and 2011 is as follows:
 
 
 
2012 Quarter
 
 
 
First
 
 
Second
 
 
Third
 
 
Fourth
 
Net revenues
 
$
26,710
   
$
18,966
   
$
28,652
   
$
33,159
 
Expenses
 
 
33,597
     
30,354
     
40,164
     
91,314
 
Equity earnings (losses) from unconsolidated entities
 
 
(36)
     
(43)
     
(38)
     
376
 
 
 
 
                           
Loss before income taxes
 
 
(6,923)
     
(11,431)
     
(11,550)
     
(57,779)
 
Less: Net loss attributable to non-controlling interests
 
 
1,528
     
(86)
     
33
     
1,077
 
 
 
 
                           
Net loss attributable to AV Homes
 
$
(8,451)
   
$
(11,345)
   
$
(11,583)
   
$
(58,856)
 
Loss per share:
 
 
                           
Basic and Diluted
 
$
(0.68)
   
$
(0.91)
   
$
(0.92)
   
$
(4.67)
 

 
 
2011 Quarter
 
 
 
First
 
 
Second
 
 
Third
 
 
Fourth
 
Net revenues
 
$
12,212
 
 
$
28,366
 
 
$
14,703
 
 
$
33,701
 
Expenses
 
 
22,308
 
 
 
45,163
 
 
 
135,705
 
 
 
51,112
 
Equity earnings (losses) from unconsolidated entities
 
 
(128
)
 
 
143
 
 
 
(341
)
 
 
(72
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loss before income taxes
 
 
(10,224
)
 
 
(16,654
)
 
 
(121,343
)
 
 
(17,483
)
Less: Net loss attributable to non-controlling interests
 
 
127
 
 
 
128
 
 
 
132
 
 
 
(91
)
Income tax expense
 
 
-
 
 
 
-
 
 
 
(350
)
 
 
(123
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net loss attributable to AV Homes
 
$
(10,097
)
 
$
(16,526
)
 
$
(121,561
)
 
$
(17,697
)
Loss per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic and Diluted
 
$
(0.81
)
 
$
(1.33
)
 
$
(9.76
)
 
$
(1.42
)