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Statement of Operations Statement (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenue $ 137,444 $ 196,404 $ 248,014 $ 315,793
Costs and expenses:        
Land and housing 114,043 165,063 206,617 264,371
Impairment of inventory and investment in Unconsolidated LLCs 5,445 6,294 16,316 9,410
General and administrative 12,766 13,561 24,168 26,453
Selling 10,754 14,153 19,408 24,747
Interest 3,465 2,079 7,500 4,220
Total costs and expenses 146,473 201,150 274,009 329,201
Loss before income taxes (9,029) (4,746) (25,995) (13,408)
Provision (benefit) for income taxes 115 61 188 (266)
Net Loss $ (9,144) $ (4,807) $ (26,183) $ (13,142)
Loss per common share:        
Basic $ (0.49) $ (0.26) $ (1.4) $ (0.71)
Diluted $ (0.49) $ (0.26) $ (1.4) $ (0.71)
Weighted average shares outstanding:        
Basic 18,711 18,523 18,663 18,522
Diluted 18,711 18,523 18,663 18,522