Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 23,096	$ 46,898
Restricted cash	1,092	26,948
Land and other inventories	636,284	582,531
Receivables	5,711	7,178
Property and equipment, net	33,835	34,973
Investments in unconsolidated entities	1,182	1,172
Prepaid expenses and other assets	14,255	17,144
Deferred tax assets, net	110,192	0
Goodwill	19,285	19,295
Total assets	844,932	736,139
Liabilities
Accounts payable	34,097	33,606
Accrued and other liabilities	32,870	38,826
Customer deposits	14,136	8,629
Estimated development liability	32,436	32,551
Senior notes, net	309,856	320,846
Total liabilities	423,395	434,458
Stockholders' equity
Common stock, par value $1 per share	22,782	22,444
Additional paid-in capital	401,085	399,719
Accumulated earnings (deficit)	689	(117,463)
Equity before treasury stock	424,556	304,700
Treasury stock	(3,019)	(3,019)
Total stockholders’ equity	421,537	301,681
Total liabilities and stockholders' equity	$ 844,932	$ 736,139