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Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Consolidated Statements of Operations [Abstract]    
Home closing revenue$ 217,534$ 233,803$ 615,154$ 725,790
Land closing revenue001001,222
Total closing revenue217,534233,803615,254727,012
Cost of home closings(178,544)(190,562)(504,943)(590,809)
Cost of land closings00(91)(964)
Real estate impairments(920)(680)(2,174)(1,526)
Land impairment(127)0(127)0
Total cost of closings and impairments(179,591)(191,242)(507,335)(593,299)
Home closing gross profit38,07042,561108,037133,455
Land closing gross (loss)/profit(127)0(118)258
Total closing gross profit37,94342,561107,919133,713
Commissions and other sales costs(19,708)(19,624)(53,876)(58,452)
General and administrative expenses(16,466)(15,678)(46,582)(47,100)
Earnings from unconsolidated entities, net1,7971,2433,9313,832
Interest expense(7,517)(8,425)(23,036)(25,273)
Other income, net8766542,8724,637
Loss on extinguishment of debt000(3,454)
(Loss)/income before income taxes(3,075)731(8,772)7,903
(Provision for)/benefit from income taxes(160)488(560)142
Net (loss)/income$ (3,235)$ 1,219$ (9,332)$ 8,045
(Loss)/income per common share:    
Basic$ (0.10)$ 0.04$ (0.29)$ 0.25
Diluted$ (0.10)$ 0.04$ (0.29)$ 0.25
Weighted average number of shares:    
Basic32,41732,09532,35832,038
Diluted32,41732,29732,35832,277