Investment in Joint Venture Arrangements Investment in Joint Venture Arrangements (Tables)

12 Months Ended

Dec. 31, 2018

Investment in Joint Venture Arrangements [Abstract]

Balance Sheets of Joint Venture Arrangements [Table Text Block]

Summarized Condensed Combined Balance Sheets:

	December 31,
(In thousands)	2018		2017
Assets:
Single-family lots, land and land development costs (a) (b)	$	11,182	$	13,289
Other assets	938		5,143
Total assets	$	12,120	$	18,432
Liabilities and partners’ equity:
Liabilities:
Notes payable	$	2,318	$	261
Other liabilities	599		1,544
Total liabilities	2,917		1,805
Partners’ equity:
Company’s equity (a) (b)	$	2,525	$	8,328
Other equity	6,678		8,299
Total partners’ equity	$	9,203	$	16,627
Total liabilities and partners’ equity	$	12,120	$	18,432

(a) For the years ended December 31, 2018 and 2017, impairment expenses and other miscellaneous adjustments totaling less than ($0.1 million) and $1.7 million, respectively, were excluded from the table above.

(b) For the years ended December 31, 2018 and 2017, the table above excludes the Company’s investment in joint development arrangements for which a special purpose entity was not established, totaling $33.3 million and $13.9 million, respectively.

Statements of Operations of Joint Venture Arrangements [Table Text Block]

Summarized Condensed Combined Statements of Operations:

	Year Ended December 31,
(In thousands)	2018		2017		2016
Revenue	$	4,632	$	10,286	$	5,995
Costs and expenses	2,748		6,817		5,849
Income	$	1,884	$	3,469	$	146