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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Cash and equivalents $ 346,555 $ 410,522
Restricted cash 29,300  
Inventories - Owned 1,971,418 1,477,239
Inventories - Not owned 71,295 59,840
Investments in unconsolidated joint ventures 52,443 81,807
Deferred income taxes, net of valuation allowance of $22,696 and $510,621 at December 31, 2012 and 2011, respectively 455,372 5,326
Total Assets 3,113,074 2,200,383
Total Liabilities 1,857,258 1,576,629
Preferred stock, $0.01 par value; 10,000,000 shares authorized; 450,829 shares issued and outstanding at December 31, 2012 and 2011 5 5
Common stock, $0.01 par value; 600,000,000 shares authorized; 213,245,488 and 198,563,273 shares issued and outstanding at December 31, 2012 and 2011, respectively 2,132 1,985
Additional paid-in capital 1,333,255 1,239,180
Accumulated deficit (77,348) (608,769)
Accumulated other comprehensive loss, net of tax (2,228) (8,647)
Total Equity 1,255,816 623,754
Total Liabilities and Equity 3,113,074 2,200,383
Homebuilding [Member]
   
Cash and equivalents 339,908 406,785
Restricted cash 26,900 31,372
Trade and other receivables 10,724 11,525
Inventories - Owned 1,971,418 1,477,239
Inventories - Not owned 71,295 59,840
Investments in unconsolidated joint ventures 52,443 81,807
Deferred income taxes, net of valuation allowance of $22,696 and $510,621 at December 31, 2012 and 2011, respectively 455,372 5,326
Other assets 41,918 35,693
Total Assets 2,969,978 2,109,587
Accounts payable 22,446 17,829
Accrued liabilities 198,144 185,890
Secured project debt and other notes payable 11,516 3,531
Senior notes payable 1,530,502 1,275,093
Senior subordinated notes payable   46,324
Total Liabilities 1,762,608 1,528,667
Financial Services [Member]
   
Cash and equivalents 6,647 3,737
Restricted cash 2,420 1,295
Mortgage loans held for sale, net 119,549 74,195
Mortgage loans held for investment, net 9,923 10,115
Other assets 4,557 1,454
Total Assets 143,096 90,796
Total Liabilities 94,650 47,962
Accounts payable and other liabilities 2,491 1,154
Mortgage credit facilities $ 92,159 $ 46,808