XML 57 R32.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Inventory And Land Held For Sale (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2011
Inventory Disclosure [Abstract] |
Components of Inventory | Major components of inventory at December 31, 2011 and 2010 were ($000’s omitted):
| 2011 |  | 2010
Homes under construction | $ | 1,210,717 |  |  | $ | 1,331,618 |
Land under development | 2,610,501 |  |  | 2,541,829 |
Land held for future development | 815,250 |  |  | 908,366 |
| $ | 4,636,468 |  |  | $ | 4,781,813 |
Capitalized interest rollforward | Information related to interest capitalized into inventory is as follows ($000’s omitted):
| Years Ended December 31,
| 2011 |  | 2010 |  | 2009
Interest in inventory, beginning of period | $ | 323,379 |  |  | $ | 239,365 |  |  | $ | 170,020 |
Interest capitalized | 221,071 |  |  | 264,932 |  |  | 234,700 |
Interest expensed | (189,382 | ) |  | (180,918 | ) |  | (165,355 | )
Interest in inventory, end of period | $ | 355,068 |  |  | $ | 323,379 |  |  | $ | 239,365 |
Interest incurred* | $ | 221,071 |  |  | $ | 266,474 |  |  | $ | 234,700 |
* | Homebuilding interest incurred includes interest on senior debt and other financing arrangements and excludes interest incurred by the Financial Services segment and certain other interest costs.
Summary of Land Impairments | The table below provides, as of the date indicated, the number of communities for which we recognized impairment charges, the fair value of those communities at such date (net of impairment charges), and the amount of impairment charges recognized ($000’s omitted):
| 2011 |  | 2010
Quarter Ended | Number of Communities Impaired |  | Fair Value of Communities Impaired, Net of Impairment Charges |  | Impairment Charges |  | Number of Communities Impaired |  | Fair Value of Communities Impaired, Net of Impairment Charges |  | Impairment Charges
March 31 | 1 |  |  | $ | 483 |  |  | $ | 103 |  |  | 10 |  |  | $ | 7,233 |  |  | $ | 4,537 |
June 30 | 6 |  |  | 6,665 |  |  | 3,300 |  |  | 16 |  |  | 35,122 |  |  | 25,546 |
September 30 | 3 |  |  | 6,416 |  |  | 1,494 |  |  | 28 |  |  | 33,407 |  |  | 57,453 |
December 31 | 25 |  |  | 23,766 |  |  | 11,043 |  |  | 73 |  |  | 70,862 |  |  | 82,186 |
|  |  |  |  | $ | 15,940 |  |  |  |  |  |  | $ | 169,722 |
Land Held for Sale | Land held for sale at December 31, 2011 and 2010 was as follows ($000’s omitted):
| 2011 |  | 2010
Land held for sale, gross | $ | 190,099 |  |  | $ | 124,919 |
Net realizable value reserves | (54,792 | ) |  | (53,864 | )
Land held for sale, net | $ | 135,307 |  |  | $ | 71,055 |

X
- Definition Components of homebuilder inventory + References No definition available. + Details
Name: | phm_ComponentsOfInventoryTableTextBlock
Namespace Prefix: | phm_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Homebuilder capitalized interest rollforward [Table Text Block] + References No definition available. + Details
Name: | phm_HomebuilderCapitalizedInterestRollforwardTableTextBlock
Namespace Prefix: | phm_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Summary of Land Impairments [Table Text Block] + References No definition available. + Details
Name: | phm_SummaryOfLandImpairmentsTableTextBlock
Namespace Prefix: | phm_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of long lived assets held for sale. Disclosure may include the description of the facts and circumstances leading to the expected disposal, manner and timing of disposal, the carrying value of the assets held for sale, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 144 -Paragraph 33, 47 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2941-110230 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760 + Details
Name: | us-gaap_DisclosureOfLongLivedAssetsHeldForSaleTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_InventoryDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration