Note 7 - Inventories (Tables)

9 Months Ended

Sep. 30, 2018

Notes Tables

Schedule of Inventory [Table Text Block]

	September 30,		December 31,
	2018		2017
	(Dollars in thousands)
Housing completed or under construction:
West	$	572,820	$	489,136
Mountain		400,892		328,897
East		100,197		118,652
Subtotal		1,073,909		936,685
Land and land under development:
West		607,564		517,697
Mountain		358,567		309,072
East		67,894		66,282
Subtotal		1,034,025		893,051
Total inventories	$	2,107,934	$	1,829,736

Schedule of Inventory Impairments [Table Text Block]

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2018		2017		2018		2017
	(Dollars in thousands)
West	$	10,798	$	1,885	$	11,173	$	5,985
Mountain		-		370		175		370
East		300		2,285		500		3,035
Total inventory impairments	$	11,098	$	4,540	$	11,848	$	9,390

Quantitative Data for Fair Value of the Impaired Inventory [Table Text Block]

	Impairment Data						Quantitative Data
Three Months Ended	Total Subdivisions Tested	Inventory Impairments		Fair Value of Inventory After Impairments		Number of Subdivisions Impaired	Discount Rate
	(Dollars in thousands)
March 31, 2018	24	$	550	$	5,223	2		12%
June 30, 2018	17	$	200	$	767	1		12%
September 30, 2018	17	$	11,098	$	29,874	2		12%	-	18%
March 31, 2017	33	$	4,850	$	19,952	2		12%	-	18%
June 30, 2017	35	$	-	$	-	-		N/A
September 30, 2017	33	$	4,540	$	52,190	9		10%	-	15%