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Fair Value Measurements Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2013
Fair Value Measurements [Abstract]  
Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]
The table below shows the notional amounts of our financial instruments at December 31, 2013 and 2012:
 
December 31,
Description of financial instrument (in thousands)
2013
 
2012
Best efforts contracts and related committed IRLCs
$
2,494

 
$
1,184

Uncommitted IRLCs
49,710

 
25,854

FMBSs related to uncommitted IRLCs
48,000

 
26,000

Best efforts contracts and related mortgage loans held for sale
63,386

 
25,441

FMBSs related to mortgage loans held for sale
20,000

 
44,000

Mortgage loans held for sale covered by FMBSs
19,884

 
44,524
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Fair Value, Assets Measured on Recurring Basis [Table Text Block]
The table below shows the level and measurement of assets and liabilities measured on a recurring basis at December 31, 2013 and 2012:
Description of Financial Instrument (in thousands)
Fair Value Measurements
December 31, 2013
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
Mortgage loans held for sale
$
81,810

 
$
—

 
$
81,810

 
$
—

Forward sales of mortgage-backed securities
745

 
—

 
745

 
—

Interest rate lock commitments
(319
)
 
—

 
(319
)
 
—

Best-efforts contracts
479

 
—

 
479

 
—

Total
$
82,715

 
$
—

 
$
82,715

 
$
—

Description of Financial Instrument (in thousands)
Fair Value Measurements
December 31, 2012
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
Mortgage loans held for sale
$
71,121

 
$
—

 
$
71,121

 
$
—

Forward sales of mortgage-backed securities
253

 
—

 
253

 
—

Interest rate lock commitments
1

 
—

 
1

 
—

Best-efforts contracts
(3
)
 
—

 
(3
)
 
—

Total
$
71,372

 
$
—

 
$
71,372

 
$
—
Schedule of Derivative Instruments, (Loss) Gain in Statement of Financial Performance [Table Text Block]
The following table sets forth the amount of (loss) gain recognized, within our revenue in the Condensed Consolidated Statements of Operations, on assets and liabilities measured on a recurring basis for the years ended December 31, 2013, 2012 and 2011:
 
Year Ended December 31,
Description (in thousands)
2013
 
2012
 
2011
Mortgage loans held for sale
$
(2,094
)
 
$
(1,494
)
 
$
3,065

Forward sales of mortgage-backed securities
492

 
723

 
(591
)
Interest rate lock commitments
(320
)
 
(357
)
 
366

Best-efforts contracts
482

 
128

 
(436
)
Total (loss) gain recognized
$
(1,440
)
 
$
(1,000
)
 
$
2,404
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
The following tables set forth the fair value of the Company's derivative instruments and their location within the Condensed Consolidated Balance Sheets for the periods indicated (except for mortgage loans held for sale which is disclosed as a separate line item):
 
 
Asset Derivatives
 
Liability Derivatives
 
 
December 31, 2013
 
December 31, 2013
Description of Derivatives
 
Balance Sheet
Location
 
Fair Value
(in thousands)
 
Balance Sheet Location
 
Fair Value
(in thousands)
Forward sales of mortgage-backed securities
 
Other assets
 
$
745

 
Other liabilities
 
$
—

Interest rate lock commitments
 
Other assets
 
—

 
Other liabilities
 
319

Best-efforts contracts
 
Other assets
 
479

 
Other liabilities
 
—

Total fair value measurements
 
 
 
$
1,224

 
 
 
$
319

 
 
Asset Derivatives
 
Liability Derivatives
 
 
December 31, 2012
 
December 31, 2012
Description of Derivatives
 
Balance Sheet
Location
 
Fair Value
(in thousands)
 
Balance Sheet Location
 
Fair Value
(in thousands)
Forward sales of mortgage-backed securities
 
Other assets
 
$
253

 
Other liabilities
 
$
—

Interest rate lock commitments
 
Other assets
 
1

 
Other liabilities
 
—

Best-efforts contracts
 
Other assets
 
—

 
Other liabilities
 
3

Total fair value measurements
 
 
 
$
254

 
 
 
$
3
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Table Text Block]
The tables below show the level and measurement of assets measured on a non-recurring basis for the years ended December 31, 2013 and 2012:
 
 
 
Year Ended December 31,
Description (in thousands)
 
Hierarchy
2013
 
2012 (2)
 
2011 (2)
 
 
 
 
 
 
 
 
Adjusted basis of inventory (1)
 
Level 3
$
5,494

 
$
6,658

 
$
44,629

Total losses
 
 
5,805

 
3,502

 
21,993

 
 
 
 
 
 
 
 
Initial basis of inventory (3)
 
 
$
11,299

 
$
10,160

 
$
66,622

(1)
The fair values in the table above represent only assets whose carrying values were adjusted in the respective period.
(2)
The carrying values for these assets may have subsequently increased or decreased from the fair value reported due to activities that have occurred since the measurement date.
(3)
This amount is inclusive of our investments in unconsolidated joint ventures. There were no losses on our investments in unconsolidated joint ventures in 2013. The fair value of these investments in unconsolidated joint ventures was $1.1 million and $1.0 million for 2012 and 2011, respectively. The total loss for these unconsolidated joint ventures was $0.4 million and $1.0 million for 2012 and 2011, respectively.
Fair Value, by Balance Sheet Grouping [Table Text Block]
The following table presents the carrying amounts and fair values of the Company's financial instruments at December 31, 2013 and 2012. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (an exit price).
 
 
December 31, 2013
 
December 31, 2012
(In thousands)
 
Carrying Amount
 
Fair Value
 
Carrying Amount
 
Fair Value
Assets:
 
 
 
 
 
 
 
 
Cash, cash equivalents and restricted cash
 
$
142,627

 
$
142,627

 
$
154,178

 
$
154,178

Mortgage loans held for sale
 
81,810

 
81,810

 
71,121

 
71,121

Split dollar life insurance policies
 
171

 
171

 
710

 
678

Notes receivable
 
3,151

 
2,784

 
8,787

 
7,460

Commitments to extend real estate loans
 
—

 
—

 
1

 
1

Best-efforts contracts for committed IRLCs and mortgage loans held for sale
 
479

 
479

 
—

 
—

Forward sales of mortgage-backed securities
 
745

 
745

 
253

 
253

Liabilities:
 
 
 
 
 
 
 
 
Notes payable - banks
 
80,029

 
80,029

 
67,957

 
67,957

Notes payable - other
 
7,790

 
7,452

 
11,105

 
11,148

Convertible senior subordinated notes due 2017
 
57,500

 
74,391

 
57,500

 
74,175

Convertible senior subordinated notes due 2018
 
86,250

 
95,845

 
—

 
—

Senior notes due 2018
 
228,070

 
248,975

 
227,670

 
250,700

Commitments to extend real estate loans
 
319

 
319

 
—

 
—

Best-efforts contracts for committed IRLCs and mortgage loans held for sale
 
—

 
—

 
3

 
3

Off-Balance Sheet Financial Instruments:
 
 
 
 
 
 
 
 
Letters of credit
 
—

 
413

 
—

 
493