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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
ASSETS:    
Cash, cash equivalents and restricted cash $ 103,636 $ 34,441
Mortgage loans held for sale 91,987 154,020
Inventory 1,455,809 1,215,934
Property and equipment - net 25,320 22,299
Investment in joint venture arrangements 22,981 28,016
Deferred income taxes 29,569 30,875
Other assets 55,393 62,926
Total assets 1,784,695 1,548,511
LIABILITIES:    
Accounts payable 120,598 103,212
Customer deposits 30,583 22,156
Other liabilities 108,870 123,162
Preferred shares subject to redemption 50,420 0
Community development district obligations 5,298 476
Obligation for consolidated inventory not owned 22,203 7,528
Notes payable bank - homebuilding operations 0 40,300
Notes payable bank - financial service operations 91,275 152,895
Notes payable - other 4,057 6,415
Convertible senior subordinated notes due 2017 - net 0 57,093
Convertible senior subordinated notes due 2018 - net 85,955 85,423
Senior notes due 2021 - net 296,505 295,677
Senior notes due 2025 - net 245,958 0
TOTAL LIABILITIES 1,061,722 894,337
Commitments and contingencies (Note 6) 0 0
SHAREHOLDERS' EQUITY:    
Preferred shares - $.01 par value; authorized 2,000,000 shares; 2,000 shares issued at both September 30, 2017 and December 31, 2016; 2,000 shares outstanding as of December 31, 2016 (excluding the 2,000 shares subject to redemption at September 30, 2017) 0 48,163
Common shares - $.01 par value; authorized 58,000,000 shares at both September 30, 2017 and December 31, 2016; issued 29,508,626 and 27,092,723 shares at September 30, 2017 and December 31, 2016, respectively 295 271
Additional paid-in capital 304,715 246,549
Retained earnings 457,447 407,161
Treasury shares - at cost - 1,987,994 and 2,415,290 shares at September 30, 2017 and December 31, 2016, respectively (39,484) (47,970)
TOTAL SHAREHOLDERS' EQUITY 722,973 654,174
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,784,695 $ 1,548,511