Valuation Adjustments and Write-offs Valuation Adjustments and Write-offs (Tables)

6 Months Ended

Jun. 30, 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 and six months ended June 30, 2013 and 2012 is as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands)	2013		2012		2013		2012
Impairment of operating communities:
Midwest	$	—	$	10	$	—	$	10
Southern	—		—		—		—
Mid-Atlantic	—		—		—		—
Total impairment of operating communities (a)	$	—	$	10	$	—	$	10
Impairment of future communities:
Midwest	$	558	$	462	$	810	$	462
Southern	—		—		—		—
Mid-Atlantic	—		—		—		—
Total impairment of future communities (a)	$	558	$	462	$	810	$	462
Impairment of land held for sale:
Midwest	$	643	$	—	$	1,291	$	95
Southern	—		—		—		—
Mid-Atlantic	—		—		—		—
Total impairment of land held for sale (a)	$	643	$	—	$	1,291	$	95
Option deposits and pre-acquisition costs write-offs:
Midwest	$	—	$	34	$	—	$	36
Southern	—		103		—		110
Mid-Atlantic	—		88		—		110
Total option deposits and pre-acquisition costs write-offs (b)	$	—	$	225	$	—	$	256
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	$	1,201	$	697	$	2,101	$	823

(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.