Revenue (Tables)

6 Months Ended

Jun. 30, 2019

Disaggregated Revenue [Abstract]

Disaggregation of Revenue [Table Text Block]

The following table presents our revenues disaggregated by geography (as explained in further detail in Note 11, all prior year segment information has been recast to conform with the 2019 presentation):

	Three Months Ended June 30,				Six Months Ended June 30,
(Dollars in thousands)	2019		2018		2019		2018
Northern homebuilding	$	252,870	$	226,902	$	453,232	$	385,522
Southern homebuilding	356,513		319,320		625,477		583,531
Financial services (a)	14,303		11,876		26,086		26,902
Total revenue	$	623,686	$	558,098	$	1,104,795	$	995,955

(a) Revenues include hedging losses of $2.6 million and hedging gains of $0.2 million for the three months ended June 30, 2019 and 2018, respectively. Revenues include hedging losses of $6.0 million and hedging gains of $3.2 million for the six months ended June 30, 2019 and 2018, respectively. Hedging gains and losses do not represent revenues recognized from contracts with customers.

The following table presents our revenues disaggregated by revenue source:

	Three Months Ended June 30,				Six Months Ended June 30,
(Dollars in thousands)	2019		2018		2019		2018
Housing	$	597,870	$	545,034	$	1,064,178	$	963,458
Land sales	11,513		1,188		14,531		5,595
Financial services (a)	14,303		11,876		26,086		26,902
Total revenue	$	623,686	$	558,098	$	1,104,795	$	995,955

(a)

Revenues include hedging losses of $2.6 million and hedging gains of $0.2 million for the three months ended June 30, 2019 and 2018, respectively. Revenues include hedging losses of $6.0 million and hedging gains of $3.2 million for the six months ended June 30, 2019 and 2018, respectively. Hedging gains and losses do not represent revenues recognized from contracts with customers.