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Fair Value Measurements Fair Value Measurements (Tables)
 3 Months Ended
Mar. 31, 2016
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 March 31, 2016 and December 31, 2015:
Description of Financial Instrument (in thousands)
March 31, 2016
 
December 31, 2015
Best efforts contracts and related committed IRLCs
$
5,472

 
$
2,625

Uncommitted IRLCs
73,029

 
46,339

FMBSs related to uncommitted IRLCs
72,000

 
46,000

Best efforts contracts and related mortgage loans held for sale
6,928

 
100,152

FMBSs related to mortgage loans held for sale
83,000

 
27,000

Mortgage loans held for sale covered by FMBSs
83,692

 
26,690
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 March 31, 2016 and December 31, 2015:
Description of Financial Instrument (in thousands)
Fair Value Measurements March 31, 2016
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
$
94,438

 
$
—

 
$
94,438

 
$
—

 
Forward sales of mortgage-backed securities
(859
)
 
—

 
(859
)
 
—

 
Interest rate lock commitments
890

 
—

 
890

 
—

 
Best-efforts contracts
(137
)
 
—

 
(137
)
 
—

 
Total
$
94,332

 
$
—

 
$
94,332

 
$
—

 
Description of Financial Instrument (in thousands)
Fair Value Measurements
December 31, 2015
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
$
127,001

 
$
—

 
$
127,001

 
$
—

 
Forward sales of mortgage-backed securities
(93
)
 
—

 
(93
)
 
—

 
Interest rate lock commitments
321

 
—

 
321

 
—

 
Best-efforts contracts
(206
)
 
—

 
(206
)
 
—

 
Total
$
127,023

 
$
—

 
$
127,023

 
$
—

 
Schedule of Derivative Instruments, (Loss) Gain in Statement of Financial Performance [Table Text Block]
The following table sets forth the amount of gain (loss) recognized, within our revenue in the Unaudited Condensed Consolidated Statements of Income, on assets and liabilities measured on a recurring basis for the three months ended March 31, 2016 and 2015:
 
Three Months Ended March 31,
Description (in thousands)
2016
 
2015
Mortgage loans held for sale
$
1,360

 
$
358

Forward sales of mortgage-backed securities
(766
)
 
(380
)
Interest rate lock commitments
569

 
345

Best-efforts contracts
69

 
(159
)
Total gain recognized
$
1,232

 
$
164
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 Unaudited 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
 
 
March 31, 2016
 
March 31, 2016
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
 
$
—

 
Other liabilities
 
$
859

Interest rate lock commitments
 
Other assets
 
890

 
Other liabilities
 
—

Best-efforts contracts
 
Other assets
 
—

 
Other liabilities
 
137

Total fair value measurements
 
 
 
$
890

 
 
 
$
996

 
 
Asset Derivatives
 
Liability Derivatives
 
 
December 31, 2015
 
December 31, 2015
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
 
$
—

 
Other liabilities
 
$
93

Interest rate lock commitments
 
Other assets
 
321

 
Other liabilities
 
—

Best-efforts contracts
 
Other assets
 
—

 
Other liabilities
 
206

Total fair value measurements
 
 
 
$
321

 
 
 
$
299
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 March 31, 2016 and December 31, 2015. 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).
 
 
March 31, 2016
 
December 31, 2015
(In thousands)
 
Carrying Amount
 
Fair Value
 
Carrying Amount
 
Fair Value
Assets:
 
 
 
 
 
 
 
 
Cash, cash equivalents and restricted cash
 
$
34,321

 
$
34,321

 
$
13,101

 
$
13,101

Mortgage loans held for sale
 
94,438

 
94,438

 
127,001

 
127,001

Split dollar life insurance policies
 
214

 
214

 
199

 
199

Notes receivable
 
1,515

 
1,381

 
3,153

 
3,076

Commitments to extend real estate loans
 
890

 
890

 
321

 
321

Liabilities:
 
 
 
 
 
 
 
 
Notes payable - homebuilding operations
 
114,500

 
114,500

 
43,800

 
43,800

Notes payable - financial services operations
 
87,186

 
87,186

 
123,648

 
123,648

Notes payable - other
 
8,805

 
8,210

 
8,441

 
8,039

Convertible senior subordinated notes due 2017
 
57,500

 
57,788

 
57,500

 
61,884

Convertible senior subordinated notes due 2018
 
86,250

 
83,123

 
86,250

 
84,741

Senior notes due 2021
 
300,000

 
296,250

 
300,000

 
295,500

Best-efforts contracts for committed IRLCs and mortgage loans held for sale
 
137

 
137

 
206

 
206

Forward sales of mortgage-backed securities
 
859

 
859

 
93

 
93

Off-Balance Sheet Financial Instruments:
 
 
 
 
 
 
 
 
Letters of credit
 
—

 
878

 
—

 
735