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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Assets    
Cash and cash equivalents $ 212,709 $ 144,727
Restricted cash 11,348 3,956
Land and other inventories 338,014 240,078
Receivables, net 2,552 3,893
Property and equipment, net 37,070 37,844
Investments in unconsolidated entities 14,610 1,230
Prepaid expenses and other assets 21,420 11,138
Assets held for sale 12,243 23,862
Goodwill 5,976 0
Total Assets 655,942 466,728
Liabilities    
Accounts payable 17,495 9,757
Accrued and other liabilities 16,165 14,280
Customer deposits and deferred revenues 5,584 2,323
Estimated development liability for sold land 33,201 33,232
Notes payable 299,981 105,402
Total Liabilities 372,426 164,994
Equity    
Common Stock, par value $1 per share; Authorized: 50,000,000 shares; Issued: 22,182,101 shares at March 31, 2014 and 22,097,252 shares at December 31, 2013 22,191 22,097
Additional paid-in capital 395,698 394,504
Accumulated deficit (131,354) (127,481)
Equity before treasury stock 286,535 289,120
Treasury stock: at cost, 110,874 shares at June 30, 2014 and December 31, 2013 (3,019) (3,019)
Total AV Homes stockholders’ equity 283,516 286,101
Non-controlling interests 0 15,633
Total Equity 283,516 301,734
Total Liabilities and Equity $ 655,942 $ 466,728