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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Assets    
Cash and cash equivalents $ 196,399 $ 79,815
Restricted cash 4,725 4,682
Land and other inventories 188,086 171,044
Receivables, net 6,813 6,730
Income tax receivable 1,293 1,293
Property and equipment, net 36,059 36,661
Investments in and notes receivable from unconsolidated entities 1,237 1,220
Prepaid expenses and other assets 10,405 10,777
Assets held for sale 16,483 25,649
Total Assets 461,500 337,871
Liabilities    
Accounts payable 4,908 4,656
Accrued and other liabilities 14,150 12,978
Customer deposits and deferred revenues 3,653 1,985
Estimated development liability for sold land 32,945 32,974
Notes payable 105,402 105,402
Total Liabilities 161,058 157,995
Contingent convertible cumulative redeemable preferred stock 93,206 0
Equity    
Common Stock, par value $1 per share; Authorized: 50,000,000 shares; Issued: 15,454,140 shares at June 30, 2013 and 12,938,157 shares at December 31, 2012 15,454 12,938
Additional paid-in capital, Common 296,233 262,363
Retained (deficit) earnings (115,537) (106,110)
Equity before treasury stock 196,150 169,191
Treasury stock: at cost, 110,874 shares at June 30, 2013 and December 31, 2012 (3,019) (3,019)
Total AV Homes stockholders’ equity 193,131 166,172
Non-controlling interests 14,105 13,704
Total Equity 207,236 179,876
Total Liabilities and Equity $ 461,500 $ 337,871