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Consolidated Statements of Operations and Comprehensive Income (Loss) (unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues        
Homebuilding and amenity $ 73,611 $ 34,167 $ 152,612 $ 79,420
Land sales 12,942 674 29,168 9,556
Other real estate 88 57 173 496
Total real estate revenues 86,641 34,898 181,953 89,472
Expenses        
Homebuilding and amenity 70,400 32,725 148,415 78,515
Land sales 8,672 95 20,910 5,352
Other real estate 114 1,255 868 2,654
Total real estate expenses 79,186 34,075 170,193 86,521
Impairment charges, net 0 (970) 0 (925)
General and administrative expenses 4,016 3,885 12,264 11,882
Interest income and other (85) (101) (258) (203)
Interest expense 2,841 (1,020) 2,952 2,515
Total expenses 85,958 35,869 185,151 99,790
Equity in earnings (loss) from unconsolidated entities (5) (7) (10) (84)
Income (loss) before income taxes 678 (978) (3,208) (10,402)
Income tax (expense) benefit 0 0 0 0
Net loss and comprehensive loss 678 (978) (3,208) (10,402)
Net income (loss) attributable to non-controlling interests in consolidated entities 0 899 329 899
Net income (loss) and comprehensive income (loss) attributable to AV Homes stockholders 678 (1,877) (3,537) (11,301)
Deemed dividend related to beneficial conversion feature of convertible preferred stock (Note 1) 0 (11,894) 0 (11,894)
Income (loss) attributable to AV Homes common stockholders $ 678 $ (13,771) $ (3,537) $ (23,195)
Basic and diluted loss per share attributable to AV Homes stockholders (in dollars per share) $ 0.03 $ (0.86) $ (0.16) $ (1.67)