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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Statement of Operations [Abstract]    
Revenue $ 234,841 $ 190,727
Costs and Expenses [Abstract]    
Land and housing 183,964 151,513
Impairment of inventory and investment in unconsolidated joint ventures 0 900
General and administrative 18,315 15,979
Selling 15,969 13,109
Interest 4,170 4,340
Equity in income of unconsolidated joint ventures (62) 0
Total costs and expenses 222,356 185,841
Income (loss) before income taxes 12,485 4,886
(Benefit) provision for income taxes (147) 299
Net income (loss) 12,632 4,587
Preferred Dividends 1,219 0
Excess of fair value over book value of preferred shares redeemed 0 2,190
Net income to common shareholders $ 11,413 $ 2,397
Earnings (loss) per common share:    
Basic $ 0.47 $ 0.11
Diluted $ 0.41 $ 0.11
Weighted Average Number of Shares Outstanding [Abstract]    
Basic 24,417 22,273
Diluted 29,870 22,688