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Fair Value Disclosures Fair Value Disclosures (Tables)
6 Months Ended
Jun. 30, 2017
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring and Nonrecurring Basis
Our assets and liabilities measured or disclosed at fair value are summarized below ($000’s omitted): 
Financial Instrument
 
Fair Value
Hierarchy
 
Fair Value
June 30,
2017
 
December 31,
2016
 
 
 
 
 
 
 
Measured at fair value on a recurring basis:
 
 
 
 
 
 
Residential mortgage loans available-for-sale
 
Level 2
 
$
364,939

 
$
539,496

Interest rate lock commitments
 
Level 2
 
9,507

 
8,693

Forward contracts
 
Level 2
 
1,340

 
7,081

Whole loan commitments
 
Level 2
 
(100
)
 
272

 
 
 
 
 
 
 
Measured at fair value on a non-recurring basis:
 
 
 
 
 
 
House and land inventory
 
Level 3
 
$
8,446

 
$
8,920

Investments in unconsolidated entities

 
Level 3
 
3,444

 

Land held for sale
 
Level 2
 
42,123

 
1,670

 
 
Level 3
 
27,066

 

 
 
 
 
 
 
 
Disclosed at fair value:
 
 
 
 
 
 
Cash and equivalents (including restricted cash)
 
Level 1
 
$
239,855

 
$
723,248

Financial Services debt
 
Level 2
 
153,703

 
331,621

Senior notes
 
Level 2
 
3,288,005

 
3,112,297