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Fair Value Disclosures (Tables)
3 Months Ended
Mar. 31, 2012
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring and Nonrecurring Basis [Table Text Block]
Our assets and liabilities measured or disclosed at fair value are summarized below ($000’s omitted): 
Financial Instrument
 
Fair Value
Hierarchy
 
Fair Value
March 31, 2012
 
December 31, 2011
 
 
 
 
 
 
 
Measured at fair value on a recurring basis:
 
 
 
 
 
 
Residential mortgage loans available-for-sale
 
Level 2
 
$
184,164

 
$
258,075

Interest rate lock commitments
 
Level 2
 
4,704

 
3,551

Forward contracts
 
Level 2
 
481

 
(3,470
)
Whole loan commitments
 
Level 2
 
(46
)
 
11

 
 
 
 
 
 
 
Measured at fair value on a non-recurring basis:
 
 
 
 
 
 
Loans held for investment
 
Level 2
 
$
1,896

 
$
2,324

House and land inventory
 
Level 3
 
7,468

 
23,766

 
 
 
 
 
 
 
Disclosed at fair value:
 
 
 
 
 
 
Cash and equivalents (including restricted cash)
 
Level 1
 
$
1,301,604

 
$
1,184,931

Senior notes
 
Level 2
 
3,030,286

 
2,765,151