Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
OPERATING ACTIVITIES
Net income (loss)	$ 130,049	$ (3,954)
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Depreciation and amortization	4,729	2,786
Amortization of share-based compensation	1,911	2,320
Change in fair value of contingent consideration	(422)	(298)
Impairment charges	335	0
Equity in loss (income) from unconsolidated entities	15	(160)
Gain from disposal of assets	1	31
Deferred income taxes, net	(110,501)
Changes in operating assets and liabilities:
Restricted cash	25,809	(9,826)
Land and other inventories	(48,713)	(121,154)
Receivables	(1,070)	(4,182)
Prepaid expenses and other assets	2,704	2,391
Accounts payable, estimated development liability, and accrued and other liabilities	(1,595)	16,822
Customer deposits	3,594	2,863
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	6,844	(112,423)
INVESTING ACTIVITIES
Investment in property and equipment	(1,389)	(1,075)
Proceeds from sales of property and equipment	11	31
Business acquisitions	10	(95,182)
Investment in unconsolidated entities	(20)	(2,882)
NET CASH USED IN INVESTING ACTIVITIES	(1,388)	(99,108)
FINANCING ACTIVITIES
Proceeds from issuance of debt		79,926
Gross proceeds from Senior Secured Credit Facility	35,000	40,000
Payments of Senior Secured Credit Facility	(20,000)	(10,000)
Debt issuance costs		(2,068)
Principal payments of notes	(46,793)	(53,163)
Contingent consideration and other financing activities	(4,272)	(1,246)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	(36,065)	53,449
DECREASE IN CASH AND CASH EQUIVALENTS	(30,609)	(158,082)
Cash and cash equivalents at beginning of year	46,898	180,334
CASH AND CASH EQUIVALENTS AT END OF YEAR	$ 16,289	22,252
Noncash transactions:
Transfer from assets held for sale to land and other inventories and property and equipment		4,051
Distribution of land from unconsolidated joint venture		$ 19,860