Note 1 - Company Organization and Operations

12 Months Ended

Dec. 31, 2011

Nature of Operations [Text Block]

1. Company Organization and Operations

We are a geographically diversified builder of single-family attached and detached homes .  We construct homes within a wide range of price and size targeting a broad range of homebuyers, with an emphasis on move-up buyers.  We have operations in major metropolitan markets in California, Florida, the Carolinas, Texas, Arizona, Colorado and Nevada.  We also provide mortgage financing services to our homebuyers through our mortgage financing subsidiary and title examination services to our Texas homebuyers through our title services subsidiary.  Unless the context otherwise requires, the terms “we,” “us,” “our” and “the Company” refer to Standard Pacific Corp. and its subsidiaries.

The percentages of our homes delivered by state (excluding deliveries by unconsolidated joint ventures) for the years ended December 31, 2011, 2010 and 2009 were as follows:

	Year Ended December 31,
State		2011			2010			2009
California			38	%		42	%		39	%
Florida			18			17			23
Carolinas			16			15			12
Texas			16			14			12
Arizona			7			7			9
Colorado			4			4			4
Nevada			1			1			1
Total			100	%		100	%		100	%

We generate a significant amount of our revenues and profits (losses) in California.