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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Sep. 30, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Statement of Operations [Abstract]                        
Revenue $ 250,911 $ 208,875 $ 170,994 $ 131,125 $ 176,786 $ 141,624 $ 137,444 $ 110,570 $ 566,424 $ 761,905   $ 616,377
Land and housing                 467,130 610,540   511,408
Impairment of inventory and investment in Unconsolidated LLCs                 21,993 3,502   12,538
General and administrative                 52,664 62,627   53,958
Selling                 43,534 56,406   48,084
Interest                 15,005 16,071 15,005 9,415
Other loss                   0 0 8,378
Total costs and expenses                 600,326 749,146   643,781
Income (loss) before income taxes                 (33,902) 12,759 (33,902) (27,404)
Benefit for income taxes                 (25) (588) (25) (1,135)
Net income (loss) $ 5,015 $ 8,314 $ 3,204 $ (3,186) $ (2,976) $ (4,718) $ (9,144) $ (17,039) $ (33,877) $ 13,347 $ (33,877) $ (26,269)
Earnings (loss) per common share:                        
Basic $ 0.23 $ 0.43 $ 0.17 $ (0.17) $ (0.16) $ (0.25) $ (0.49) $ (0.92) $ (1.81) $ 0.68 $ (1.81) $ (1.42)
Diluted $ 0.23 $ 0.42 $ 0.17 $ (0.17) $ (0.16) $ (0.25) $ (0.49) $ (0.92) $ (1.81) $ 0.67 $ (1.81) $ (1.42)
Weighted average shares outstanding:                        
Basic 21,545 19,434 18,833 18,772 18,736 18,728 18,711 18,615 18,698 19,651 18,698 18,523
Diluted 21,961 20,273 19,031 18,772 18,736 18,728 18,711 18,615 18,698 19,891 18,698 18,523