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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
ASSETS:    
Cash and cash equivalents $ 142,475 $ 145,498
Restricted cash 15,806 8,680
Mortgage loans held for sale 60,388 71,121
Inventory 676,336 556,817
Property and equipment - net 10,346 10,439
Investments in unconsolidated joint ventures 34,088 11,732
Deferred income taxes, net of valuation allowance of $14.9 million and $135.7 million at September 30, 2013 and December 31, 2012, respectively 112,682 0
Other assets 30,946 27,013
Total assets 1,083,067 831,300
LIABILITIES:    
Accounts payable 85,804 47,690
Customer deposits 14,918 10,239
Other liabilities 62,310 49,972
Community development district (“CDD”) obligations 3,419 4,634
Obligation for consolidated inventory not owned 1,576 19,105
Notes payable bank - financial services operations 55,614 67,957
Notes payable - other 8,126 11,105
TOTAL LIABILITIES 603,487 495,872
Commitments and contingencies 0 0
SHAREHOLDERS' EQUITY:    
Preferred shares - $.01 par value; authorized 2,000,000 shares; 2,000 and 4,000 shares issued at September 30, 2013 and December 31, 2012, respectively; 2,000 and 4,000 shares outstanding as of September 30, 2013 and December 31, 2012, respectively 48,163 96,325
Common shares - $.01 par value; authorized 38,000,000 shares; issued 27,092,723 and 24,631,723 shares at September 30, 2013 and December 31, 2012, respectively 271 246
Additional paid-in capital 235,880 180,289
Retained earnings 249,582 117,048
Treasury shares - at cost - 2,734,780 and 2,944,470 shares at September 30, 2013 and December 31, 2012, respectively (54,316) (58,480)
TOTAL SHAREHOLDERS' EQUITY 479,580 335,428
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 1,083,067 831,300
2017 Convertible Senior Notes [Member]
   
LIABILITIES:    
Convertible subordinated debt 57,500 57,500
2018 Convertible Senior Notes [Member]
   
LIABILITIES:    
Convertible subordinated debt 86,250 0
2018 Senior Notes [Member]
   
LIABILITIES:    
Senior notes $ 227,970 $ 227,670