Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
ASSETS:
Cash, cash equivalents and restricted cash	$ 29,940	$ 34,441
Mortgage loans held for sale	91,986	154,020
Inventory	1,379,544	1,215,934
Property and equipment - net	22,255	22,299
Investment in joint venture arrangements	22,877	28,016
Deferred income taxes	30,078	30,875
Other assets	54,706	62,926
Total assets	1,631,386	1,548,511
LIABILITIES:
Accounts payable	113,072	103,212
Customer deposits	29,655	22,156
Other liabilities	106,637	123,162
Community development district obligations	5,875	476
Obligation for consolidated inventory not owned	12,263	7,528
Notes payable bank - homebuilding operations	138,000	40,300
Notes payable bank - financial service operations	89,518	152,895
Notes payable - other	3,663	6,415
Convertible senior subordinated notes due 2017 - net	57,380	57,093
Convertible senior subordinated notes due 2018 - net	85,777	85,423
Senior notes due 2021 - net	296,229	295,677
TOTAL LIABILITIES	938,069	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 June 30, 2017 and December 31, 2016	48,163	48,163
Common shares - $.01 par value; authorized 58,000,000 shares at both June 30, 2017 and December 31, 2016; issued 27,092,723 shares at both June 30, 2017 and December 31, 2016	271	271
Additional paid-in capital	245,775	246,549
Retained earnings	438,595	407,161
Treasury shares - at cost - 1,988,171 and 2,415,290 shares at June 30, 2017 and December 31, 2016, respectively	(39,487)	(47,970)
TOTAL SHAREHOLDERS' EQUITY	693,317	654,174
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 1,631,386	$ 1,548,511