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Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues        
Homebuilding $ 184,605 $ 75,902 $ 305,838 $ 129,251
Amenity and other 2,737 2,727 5,519 5,504
Land sales 754 760 829 3,464
Total revenues 188,096 79,389 312,186 138,219
Expenses        
Homebuilding cost of revenues 151,382 63,232 250,379 107,822
Amenity and other 2,370 2,430 4,956 4,813
Land sales 374 98 390 383
Total real estate expenses 154,126 65,760 255,725 113,018
Selling, general and administrative expenses 25,771 15,922 46,155 29,301
Interest and other expense (income) 23 (233) (1) (289)
Interest expense 880 2,406 2,152 5,663
Income (loss) before income taxes 7,296 (4,466) 8,155 (9,474)
Income tax benefit (110,065) 0 (109,997) 0
Net income (loss) 117,361 (4,466) 118,152 (9,474)
Comprehensive income (loss) $ 117,361 $ (4,466) $ 118,152 $ (9,474)
Basic income (loss) per share $ 5.24 $ (0.20) $ 5.28 $ (0.43)
Diluted income (loss) per share $ 4.45 $ (0.20) $ 4.53 $ (0.43)