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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Assets    
Cash and cash equivalents $ 176,167 $ 79,815
Restricted cash 4,348 4,682
Land and other inventories 204,040 171,044
Receivables, net 6,324 6,730
Income tax receivable 0 1,293
Property and equipment, net 38,431 36,661
Investments in and notes receivable from unconsolidated entities 1,235 1,220
Prepaid expenses and other assets 10,033 10,777
Assets held for sale 23,877 25,649
Total Assets 464,455 337,871
Liabilities    
Accounts payable 8,927 4,656
Accrued and other liabilities 13,738 12,978
Customer deposits and deferred revenues 4,295 1,985
Estimated development liability for sold land 33,241 32,974
Notes payable 105,402 105,402
Total Liabilities 165,603 157,995
Contingent convertible cumulative redeemable preferred stock 0 0
Equity    
Common Stock, par value $1 per share; Authorized: 50,000,000 shares; Issued: 22,112,813 shares at September 30, 2013 and 12,938,157 shares at December 31, 2012 22,113 12,938
Additional paid-in capital 393,871 262,363
Retained (deficit) earnings (129,305) (106,110)
Equity before treasury stock 286,679 169,191
Treasury stock: at cost, 110,874 shares at September 30, 2013 and December 31, 2012 (3,019) (3,019)
Total AV Homes stockholders’ equity 283,660 166,172
Non-controlling interests 15,192 13,704
Total Equity 298,852 179,876
Total Liabilities and Equity $ 464,455 $ 337,871