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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating Activities    
Net income (loss) $ 2,439 $ 791
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 1,626 1,566
Amortization of share-based compensation 626 848
Impairment charges 149 161
Deferred income taxes, net 1,665  
Payment of withholding taxes on share-based awards 363 115
Other adjustments, net 15 (5)
Changes in operating assets and liabilities:    
Restricted cash (315) 25,665
Receivables 4,590 (2,983)
Land and other inventories (14,910) (47,410)
Prepaid expenses and other assets 1,507 5,473
Accounts payable, estimated development liability, and accrued and other liabilities (8,888) (7,638)
Customer deposits 3,063 4,293
Net cash used in operating activities (8,070) (19,124)
Investing Activities    
Investment in property and equipment (736) (261)
Proceeds from sales of property and equipment   11
Investment in unconsolidated entities (17) (21)
Net cash used in investing activities (753) (271)
Financing Activities    
Gross proceeds from Senior Secured Credit Facility   35,000
Principal payments of senior debt   (46,793)
Payment of withholding taxes on share-based awards (363) (115)
Other financing activities, net (11) (21)
Net cash used in financing activities (374) (11,929)
Decrease in cash and cash equivalents (9,197) (31,324)
Cash and cash equivalents at beginning of year 67,792 46,898
Cash and cash equivalents at end of year 58,595 15,574
Supplemental cash flow information:    
Interest paid, net $ 5,532 7,180
Income taxes paid   $ 320