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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating Activities      
Net income (loss) $ 147,107 $ 11,950 $ (1,932)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 6,368 3,693 3,267
Amortization of share-based compensation 2,207 3,113 2,770
Change in fair value of contingent consideration (422) (116)  
Impairment charges 769 0 0
Equity in loss (income) from unconsolidated entities 21 (154) 16
Gain from disposal of assets 1 31  
Deferred income taxes, net (110,257)    
Changes in operating assets and liabilities:      
Restricted cash 25,717 (10,501) (12,491)
Land and other inventories (2,646) (83,804) (111,667)
Receivables (3,649) (3,698) 987
Assets held for sale     19,811
Prepaid expenses and other assets 3,646 1,510 398
Accounts payable, estimated development liability, and accrued and other liabilities 3,487 17,248 15,643
Customer deposits 1,350 1,813 1,789
Net cash provided by (used in) operating activities 73,697 (58,977) (81,409)
Investing Activities      
Investment in property and equipment (1,578) (1,209) (1,815)
Proceeds from sales of property and equipment 11 31 12
Business acquisitions 10 (93,760) (62,684)
Investment in unconsolidated entities (20) (2,887) (3,644)
Return of capital from unconsolidated entities     33
Net cash uesd in investing activities (1,577) (97,825) (68,098)
Financing Activities      
Proceeds from issuance of debt   79,930 200,000
Gross proceeds from Senior Secured Credit Facility 35,000 40,000  
Payments of Senior Secured Credit Facility (35,000) (40,000)  
Debt issuance costs   (2,072) (9,220)
Principal payments of senior debt (46,793) (53,163) (5,446)
Contingent consideration and other financing activities (4,433) (1,329) (220)
Net cash provided by (used in) financing activities (51,226) 23,366 185,114
Increase (decrease) in cash and cash equivalents 20,894 (133,436) 35,607
Cash and cash equivalents at beginning of year 46,898 180,334 144,727
Cash and cash equivalents at end of year 67,792 46,898 180,334
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 13,418
Supplemental cash flow information:      
Interst paid (captialized), net 2,098 $ 4,846 $ (4,683)
Income taxes paid $ 1,240