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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities:    
Net income $ 2,400,063 $ 147,403
Adjustments to reconcile net income to net cash flows provided by (used in) operating activities:    
Deferred income taxes (2,108,756) 0
Write-down of land inventory and deposits and pre-acquisition costs 6,371 12,623
Depreciation and amortization 23,134 22,278
Stock-based compensation expense 21,570 14,368
Equity in (earnings) loss of unconsolidated entities (282) (3,836)
Distributions of earnings from unconsolidated entities 1,693 7,223
Loss on debt retirements 26,930 0
Other non-cash, net 5,943 5,254
Increase (decrease) in cash due to:    
Restricted cash 1,654 (966)
Inventories 89,040 160,973
Residential mortgage loans available-for-sale 21,967 (5,275)
Other assets (29,989) (1,612)
Accounts payable, accrued and other liabilities 97,607 63,832
Income tax liabilities (1,995) (1,033)
Net cash provided by (used in) operating activities 554,950 421,232
Cash flows from investing activities:    
Distributions from unconsolidated entities 200 2,696
Investments in unconsolidated entities (1,057) (1,266)
Net change in loans held for investment 236 736
Change in restricted cash related to letters of credit 875 26,096
Proceeds from the sale of property and equipment 9 4,705
Capital expenditures (18,354) (10,597)
Net cash provided by (used in) investing activities (18,091) 22,370
Cash flows from financing activities:    
Financial Services borrowings (repayments) (23,697) 103,000
Other borrowings (repayments) (477,220) (92,493)
Stock option exercises 18,549 27,432
Stock repurchases (89,940) (961)
Dividends paid (19,317) 0
Net cash provided by (used in) financing activities (591,625) 36,978
Net increase (decrease) in cash and equivalents (54,766) 480,580
Cash and equivalents at beginning of period 1,404,760 1,083,071
Cash and equivalents at end of period 1,349,994 1,563,651
Supplemental Cash Flow Information:    
Interest paid (capitalized), net (18,304) (28,072)
Income taxes paid (refunded), net $ (792) $ (12,901)