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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net income (loss) $ (11,666) $ (39,526)
Adjustments to reconcile net income (loss) to net cash flows provided by (used in) operating activities:    
Write-down of land and deposits and pre-acquisition costs 5,896 726
Depreciation and amortization 7,393 8,970
Stock-based compensation expense 3,719 5,510
Equity in (earnings) loss of unconsolidated entities (1,996) (1,109)
Distributions of earnings from unconsolidated entities 3,518 411
Other, net 103 781
Increase (decrease) in cash due to:    
Restricted cash 53 864
Inventories 45,969 (10,315)
Residential mortgage loans available-for-sale 74,073 32,292
Other assets 10,257 79,383
Accounts payable, accrued and other liabilities (34,466) (122,825)
Income tax liabilities 11,837 (4,803)
Net cash provided by (used in) operating activities 114,690 (49,641)
Cash flows from investing activities:    
Distributions from unconsolidated entities 0 1,021
Investments in unconsolidated entities (49) (1,968)
Net change in loans held for investment 293 255
Change in restricted cash related to letters of credit 11,938 (109,667)
Proceeds from the sale of fixed assets 4,475 2,441
Capital expenditures (3,758) (6,128)
Net cash provided by (used in) investing activities 12,899 (114,046)
Cash flows from financing activities:    
Net borrowings (repayments) of other borrowings 1,920 (13,312)
Stock repurchases (845) (969)
Net cash provided by (used in) financing activities 1,075 (14,281)
Net increase (decrease) in cash and equivalents 128,664 (177,968)
Cash and equivalents at beginning of period 1,083,071 1,483,390
Cash and equivalents at end of period 1,211,735 1,305,422
Supplemental Cash Flow Information:    
Interest paid (capitalized), net (22,808) (23,833)
Income taxes paid (refunded), net $ (11,142) $ (2,922)