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Valuation Adjustments and Write-offs Valuation Adjustments and Write-offs (Tables)
3 Months Ended
Mar. 31, 2013
Valuation Adjustments and Write offs [Abstract]  
Valuation Adjustments and Write-Offs [Table Text Block]
A summary of the Company’s valuation adjustments and write-offs for the three months ended March 31, 2013 and 2012 is as follows:
 
Three Months Ended March 31,
(In thousands)
2013
 
2012
Impairment of operating communities:
 
 
 
 Midwest
$

 
$

 Southern

 

 Mid-Atlantic

 

Total impairment of operating communities (a)
$

 
$

Impairment of future communities:
 
 
 
 Midwest
$
252

 
$

 Southern

 

 Mid-Atlantic

 

Total impairment of future communities (a)
$
252

 
$

Impairment of land held for sale:
 
 
 
 Midwest
$
648

 
$
95

 Southern

 

 Mid-Atlantic

 

Total impairment of land held for sale (a)
$
648

 
$
95

Option deposits and pre-acquisition costs write-offs:
 
 
 
 Midwest
$

 
$
2

 Southern

 
7

 Mid-Atlantic

 
22

Total option deposits and pre-acquisition costs write-offs (b)
$

 
$
31

Impairment of investments in Unconsolidated LLCs:
 
 
 
 Midwest
$

 
$

 Southern

 

 Mid-Atlantic

 

Total impairment of investments in Unconsolidated LLCs (a)
$

 
$

Total impairments and write-offs of option deposits and pre-acquisition costs
$
900

 
$
126


(a)
Amounts are recorded within Impairment of inventory and investment in Unconsolidated LLCs in the Company's Unaudited Condensed Consolidated Statements of Operations.

(b)
Amounts are recorded within General and administrative expenses in the Company's Unaudited Condensed Consolidated Statements of Operations.