Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 15,574	$ 46,898
Restricted cash	1,283	26,948
Land and other inventories	629,780	582,531
Receivables	10,161	7,178
Property and equipment, net	34,496	34,973
Investments in unconsolidated entities	1,187	1,172
Prepaid expenses and other assets	11,241	17,144
Goodwill	19,295	19,295
Total assets	723,017	736,139
Liabilities
Accounts payable	34,768	33,606
Accrued and other liabilities	30,065	38,826
Customer deposits	12,922	8,629
Estimated development liability	32,512	32,551
Senior notes, net	309,454	320,846
Total liabilities	419,721	434,458
Stockholders' equity
Common stock, par value $1 per share	22,761	22,444
Additional paid-in capital	400,226	399,719
Accumulated deficit	(116,672)	(117,463)
Equity before treasury stock	306,315	304,700
Treasury stock	(3,019)	(3,019)
Total stockholders’ equity	303,296	301,681
Total liabilities and stockholders' equity	$ 723,017	$ 736,139