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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities:    
Net income (loss) $ 81,762 $ (11,666)
Adjustments to reconcile net income (loss) to net cash flows provided by (used in) operating activities:    
Write-down of land inventory and deposits and pre-acquisition costs 704 5,896
Depreciation and amortization 7,339 7,393
Stock-based compensation expense 7,141 3,719
Equity in (earnings) loss of unconsolidated entities 898 (1,996)
Distributions of earnings from unconsolidated entities 265 3,518
Other non-cash, net 2,331 421
Increase (decrease) in cash due to:    
Restricted cash 860 53
Inventories 99,760 45,969
Residential mortgage loans available-for-sale 80,727 74,073
Other assets (370) 9,939
Accounts payable, accrued and other liabilities (8,795) (34,466)
Income tax liabilities (2,002) 11,837
Net cash provided by (used in) operating activities 270,620 114,690
Cash flows from investing activities:    
Distributions from unconsolidated entities 200 0
Investments in unconsolidated entities (593) (49)
Net change in loans held for investment 10 293
Change in restricted cash related to letters of credit 4,513 11,938
Proceeds from the sale of property and equipment 59 4,475
Capital expenditures (5,378) (3,758)
Net cash provided by (used in) investing activities (1,189) 12,899
Cash flows from financing activities:    
Financial Services borrowings (repayments) (82,164) 0
Other borrowings (repayments) (213) 1,920
Stock option exercises 7,537 0
Stock repurchases (6,427) (845)
Net cash provided by (used in) financing activities (81,267) 1,075
Net increase (decrease) in cash and equivalents 188,164 128,664
Cash and equivalents at beginning of period 1,404,760 1,083,071
Cash and equivalents at end of period 1,592,924 1,211,735
Supplemental Cash Flow Information:    
Interest paid (capitalized), net (23,095) (22,808)
Income taxes paid (refunded), net $ (3,026) $ (11,142)