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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
ASSETS:    
Cash and Cash Equivalents $ 44,297 $ 59,793
Restricted cash 12,593 41,334
Mortgage loans held for sale 49,779 57,275
Inventory 521,956 466,772
Property and equipment - net 12,902 14,358
Investments in Unconsolidated LLCs 10,904 10,357
Other assets 18,329 14,596
TOTAL ASSETS 670,760 664,485
LIABILITIES:    
Accounts payable 51,307 41,256
Customer deposits 10,508 4,181
Other liabilities 37,854 39,348
Community development district (CDD) obligations 5,326 5,983
Obligation for consolidated inventory not owned 6,040 2,944
Note payable bank - financial services operations 46,343 52,606
Note payable - other 10,766 5,801
Senior notes 227,470 239,016
TOTAL LIABILITIES 395,614 391,135
Commitments and contingencies      
SHAREHOLDERS' EQUITY:    
Preferred shares - $.01 par value; authorized 2,000,000 shares; issued 4,000 shares 96,325 96,325
Common shares - $.01 par value; authorized 38,000,000 shares; issued 22,101,723 shares at both June 30, 2012 and December 31, 2011 221 221
Additional paid-in capital 139,271 139,943
Retained earnings 103,719 103,701
Treasury shares - at cost - 3,242,024 and 3,365,366 shares, respectively, at June 30, 2012 and December 31, 2011 (64,390) (66,840)
TOTAL SHAREHOLDERS' EQUITY 275,146 273,350
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 670,760 $ 664,485