XML 58 R35.htm IDEA: XBRL DOCUMENT v2.4.0.8
Business Segments (Tables)
 9 Months Ended
Sep. 30, 2013
Segment Reporting [Abstract]  
Reportable Segment Information
The following table summarizes AV Homes' information for reportable segments for the nine and three months ended September 30, 2013 and 2012:
 
Nine Months
 
Three Months
Revenues:
2013
 
2012
 
2013
 
2012
Segment revenues
 
 
 
 
 

 
 

Active adult communities
$
41,259

 
$
29,272

 
$
19,097

 
$
9,376

Primary residential
38,161

 
23,373

 
15,070

 
10,297

Commercial and industrial and other land sales
9,556

 
20,753

 
674

 
8,696

Other operations
496

 
367

 
57

 
157

 
89,472

 
73,765

 
34,898

 
28,526

Unallocated revenues
 
 
 

 
 
 
 

Interest income
130

 
95

 
96

 
32

Other
73

 
468

 
5

 
94

Total revenues
$
89,675

 
$
74,328

 
$
34,999

 
$
28,652

 
 
 
 
 
 
 
 
Operating income (loss):
 
 
 
 
 
 
 
Segment operating income (loss)
 
 
 
 
 
 
 
Active adult communities
$
(1,458
)
 
$
(11,060
)
 
$
975

 
$
(5,802
)
Primary residential
2,293

 
(917
)
 
442

 
292

Commercial and industrial and other land sales
4,204

 
5,161

 
579

 
448

Other operations
193

 
155

 
(61
)
 
87

 
5,232

 
(6,661
)
 
1,935

 
(4,975
)
Unallocated income (expenses)
 
 
 

 
 
 
 

Interest income
130

 
95

 
96

 
32

Loss on extinguishment of debt
—

 
(1,144
)
 
—

 
(1,144
)
Equity loss from unconsolidated entities
(84
)
 
(117
)
 
(7
)
 
(38
)
Net (gain)/loss attributable to non-controlling interests
(899
)
 
(1,475
)
 
(899
)
 
(33
)
General and administrative expenses
(11,882
)
 
(10,296
)
 
(3,885
)
 
(3,633
)
Interest expense
(2,515
)
 
(6,256
)
 
1,020

 
(1,903
)
Other real estate expenses
(2,241
)
 
(2,664
)
 
(1,095
)
 
125

(Impairment) reversal of impairment charge of land developed or held for future development
$
958

 
(2,861
)
 
$
958

 
(14
)
Loss attributable to AV Homes
$
(11,301
)
 
$
(31,379
)
 
$
(1,877
)
 
$
(11,583
)