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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Assets    
Cash and cash equivalents $ 181,845 $ 144,727
Restricted cash 12,774 3,956
Land and other inventories 382,839 240,078
Receivables, net 4,093 3,893
Property and equipment, net 36,443 37,844
Investments in unconsolidated entities 16,308 1,230
Prepaid expenses and other assets 20,964 11,138
Assets held for sale 4,325 23,862
Goodwill 5,975 0
Total Assets 665,566 466,728
Liabilities    
Accounts payable 21,759 9,757
Accrued and other liabilities 20,940 14,280
Customer deposits and deferred revenues 5,282 2,323
Estimated development liability for sold land 33,050 33,232
Notes payable 299,981 105,402
Total Liabilities 381,012 164,994
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 22,199 22,097
Additional paid-in capital 396,392 394,504
Accumulated deficit (131,018) (127,481)
Equity before treasury stock 287,573 289,120
Treasury stock: at cost, 110,874 shares at September 30, 2014 and December 31, 2013 (3,019) (3,019)
Total AV Homes stockholders’ equity 284,554 286,101
Non-controlling interests 0 15,633
Total Equity 284,554 301,734
Total Liabilities and Equity $ 665,566 $ 466,728