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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities:    
Net income (loss) $ 147,403 $ (224,209)
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 12,623 11,419
Goodwill impairments 0 240,541
Depreciation and amortization 22,278 24,629
Stock-based compensation expense 14,368 14,444
Equity in (earnings) loss of unconsolidated entities (3,836) (1,999)
Distributions of earnings from unconsolidated entities 7,223 5,042
Loss on debt repurchases 0 3,537
Other, net 5,254 2,741
Increase (decrease) in cash due to:    
Restricted cash (966) 690
Inventories 160,973 (174,231)
Residential mortgage loans available-for-sale (5,275) 2,182
Other assets (1,612) 108,202
Accounts payable, accrued and other liabilities 63,832 (99,674)
Income tax liabilities (1,033) (73,280)
Net cash provided by (used in) operating activities 421,232 (159,966)
Cash flows from investing activities:    
Distributions from unconsolidated entities 2,696 4,388
Investments in unconsolidated entities (1,266) (3,749)
Net change in loans held for investment 736 449
Change in restricted cash related to letters of credit 26,096 (89,385)
Proceeds from the sale of fixed assets 4,705 9,449
Capital expenditures (10,597) (15,162)
Net cash provided by (used in) investing activities 22,370 (94,010)
Cash flows from financing activities:    
Financial Services borrowings (repayments) 103,000 0
Other borrowings (repayments) (92,493) (68,351)
Issuance of common stock 27,432 0
Stock repurchases (961) (2,021)
Net cash provided by (used in) financing activities 36,978 (70,372)
Net increase (decrease) in cash and equivalents 480,580 (324,348)
Cash and equivalents at beginning of period 1,083,071 1,483,390
Cash and equivalents at end of period 1,563,651 1,159,042
Supplemental Cash Flow Information:    
Interest paid (capitalized), net (28,072) (29,457)
Income taxes paid (refunded), net $ (12,901) $ (5,665)