Note 9 - Investments in Unconsolidated Land Development and Homebuilding Joint Ventures (Tables)

6 Months Ended

Jun. 30, 2013

Equity Method Investments and Joint Ventures Disclosure [Text Block]

Combined Statements of Operations for Unconsolidated Land Development and Homebuilding Joint Ventures [Table Text Block]

	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
	(Dollars in thousands)
Revenues	$	3,315		$	4,705		$	20,507		$	7,304
Cost of sales and expenses		(3,348	)		(4,882	)		(18,217	)		(7,581	)
Income (loss) of unconsolidated joint ventures	$	(33	)	$	(177	)	$	2,290		$	(277	)
Income (loss) from unconsolidated joint ventures reflected in the accompanying condensed consolidated statements of operations	$	147		$	(1,146	)	$	1,281		$	(2,668	)

Combined Balance Sheets for Unconsolidated Land Development and Homebuilding Joint Ventures [Table Text Block]

	June 30, 2013		December 31, 2012
	(Dollars in thousands)
Assets:
Cash	$	15,187	$	15,627
Inventories		211,382		129,477
Other assets		14,265		10,783
Total assets	$	240,834	$	155,887
Liabilities and Equity:
Accounts payable and accrued liabilities	$	5,623	$	5,796
Debt		46,411	―
Standard Pacific equity		56,247		51,173
Other members' equity		132,553		98,918
Total liabilities and equity	$	240,834	$	155,887
Investments in unconsolidated joint ventures reflected in the accompanying condensed consolidated balance sheets	$	57,486	$	52,443