Business Segments

3 Months Ended

Mar. 31, 2013

Business Segments [Abstract]

Business Segments

Note U - Business Segments

The following table summarizes AV Homes' information for reportable segments for the three months ended March 31, 2013 and 2012:

	Three Months
Revenues:	2013			2012
Segment revenues
Active adult communities	$	12,006			9,805
Primary residential		10,542			7,633
Commercial and industrial and other land sales		2,305			9,058
Other operations		257			144
		25,110			26,640
Unallocated revenues
Interest income		9			31
Other		-			39
Total revenues	$	25,119			26,710
Operating income (loss):
Segment operating income (loss)
Active adult communities	$	(879	)		(2,647	)
Primary residential		662			204
Commercial and industrial and other land sales		1,440			3,091
Other operations		189			50
		1,412			698
Unallocated income (expenses)
Interest income		9			31
Equity loss from unconsolidated entities		(63	)		(36	)
Net (gain)/loss attributable to non-controlling interests		-			(1,528	)
General and administrative expenses		(3,705	)		(3,306	)
Interest expense		(1,773	)		(2,237	)
Other real estate expenses		(639	)		(2,073	)
Loss attributable to AV Homes	$	(4,759	)	$	(8,451	)