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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
ASSETS:    
Cash and Cash Equivalents $ 159,765 $ 59,793
Restricted cash 8,980 41,334
Mortgage loans held for sale 58,338 57,275
Inventory 543,871 466,772
Property and equipment - net 11,956 14,358
Investments in Unconsolidated LLCs 11,256 10,357
Other assets 23,126 14,596
TOTAL ASSETS 817,292 664,485
LIABILITIES:    
Accounts payable 65,348 41,256
Customer deposits 10,976 4,181
Other liabilities 52,257 39,348
Community development district (CDD) obligations 4,988 5,983
Obligation for consolidated inventory not owned 6,552 2,944
Notes Payable - Financial Services 54,840 52,606
Note payable - other 10,769 5,801
Convertible Subordinated Debt 57,500 0
Senior notes 227,570 239,016
TOTAL LIABILITIES 490,800 391,135
Commitments and contingencies 0 0
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 246 221
Additional paid-in capital 181,324 139,943
Retained earnings 112,033 103,701
Treasury shares - at cost - 3,242,024 and 3,365,366 shares, respectively, at June 30, 2012 and December 31, 2011 (63,436) (66,840)
TOTAL SHAREHOLDERS' EQUITY 326,492 273,350
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 817,292 $ 664,485