Discontinued Operations (Tables)

3 Months Ended

Dec. 31, 2012

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Results of Discontinued Operations

The results of our discontinued operations in the unaudited condensed Consolidated Statements of Operations for the three months ended December 31, 2012 and 2011 were as follows:

	Three Months Ended
	December 31,
(In thousands)	2012			2011
Total revenue	$	96		$	3,196
Home construction and land sales expenses	94			2,788
Inventory impairments and lot option abandonments	17			32
Gross (loss) profit	(15		)	376
Commissions	—			158
General and administrative expenses (a)	1,525			517
Depreciation and amortization	—			21
Operating loss	(1,540		)	(320		)
Equity in loss of unconsolidated entities	—			(29		)
Other income (loss), net	69			(9		)
Loss from discontinued operations before income taxes	(1,471		)	(358		)
Benefit from income taxes	(22		)	(399		)
(Loss) income from discontinued operations, net of tax	$	(1,449	)	$	41

(a) The three months ended December 31, 2012, includes approximately $1.5 million of expense for legal fees and potential liability related to outstanding matters in Denver, Colorado.