Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
ASSETS:
Cash, cash equivalents and restricted cash	$ 38,898	$ 34,441
Mortgage loans held for sale	113,596	154,020
Inventory	1,286,618	1,215,934
Property and equipment - net	22,338	22,299
Investment in joint venture arrangements	24,218	28,016
Deferred income taxes	30,449	30,875
Other assets	56,148	62,926
Total assets	1,572,265	1,548,511
LIABILITIES:
Accounts payable	94,403	103,212
Customer deposits	26,680	22,156
Other liabilities	97,576	123,162
Community development district obligations	6,277	476
Obligation for consolidated inventory not owned	11,968	7,528
Notes payable bank - homebuilding operations	110,900	40,300
Notes payable bank - financial service operations	106,937	152,895
Notes payable - other	7,022	6,415
Convertible senior subordinated notes due 2017 - net	57,237	57,093
Convertible senior subordinated notes due 2018 - net	85,600	85,423
Senior notes due 2021 - net	295,953	295,677
TOTAL LIABILITIES	900,553	894,337
Commitments and contingencies (Note 6)	0	0
SHAREHOLDERS' EQUITY:
Preferred shares - $.01 par value; authorized 2,000,000 shares; 2,000 shares issued and outstanding at both March 31, 2017 and December 31, 2016	48,163	48,163
Common shares - $.01 par value; authorized 58,000,000 shares at both March 31, 2017 and December 31, 2016; issued 27,092,723 shares at both March 31, 2017 and December 31, 2016	271	271
Additional paid-in capital	246,092	246,549
Retained earnings	422,825	407,161
Treasury shares - at cost - 2,297,931 and 2,415,290 shares at March 31, 2017 and December 31, 2016, respectively	(45,639)	(47,970)
TOTAL SHAREHOLDERS' EQUITY	671,712	654,174
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 1,572,265	$ 1,548,511