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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2013
Accounting Policies [Abstract]  
Schedule of Notes Receivable
The following represents our notes receivable and related allowance for credit losses ($000’s omitted): 
 
December 31, 2013
 
December 31, 2012
Notes receivable, gross
$
59,995

 
$
57,841

Allowance for credit losses
(27,051
)
 
(26,865
)
Notes receivable, net
$
32,944

 
$
30,976
Schedule of Other Expense (Income), Net
Other expense, net consists of the following ($000’s omitted): 
 
2013
 
2012
 
2011
Write-offs of deposits and pre-acquisition costs (Note 4)
$
3,122

 
$
2,278

 
$
10,002

Loss on debt retirements (Note 7)
26,930

 
32,071

 
5,638

Lease exit and related costs
2,778

 
7,306

 
9,900

Amortization of intangible assets (Note 1)
13,100

 
13,100

 
13,100

Goodwill impairments (Note 2)
—

 
—

 
240,541

Miscellaneous expense (income), net (a)
34,823

 
11,543

 
13,921

 
$
80,753

 
$
66,298

 
$
293,102



(a)
Includes charges of $41.2 million in 2013 resulting from a contractual dispute related to a previously completed luxury community (see Note 13) and $5.1 million in 2012 and $17.1 million in 2011 related to the write-down of notes receivable.
Schedule of Earnings Per Share of Common Stock
The following table presents the earnings per share of common stock ($000's omitted, except per share data):


 
December 31, 2013
 
December 31, 2012
 
December 31, 2011
Numerator:
 
 
 
 
 
Net income
$
2,620,116

 
$
206,145

 
$
(210,388
)
Less: earnings distributed to participating securities
(407
)
 
—

 
—

Less: undistributed earnings allocated to participating securities
(19,201
)
 
—

 
—

Numerator for basic earnings per share
$
2,600,508

 
$
206,145

 
$
(210,388
)
Add back: undistributed earnings allocated to participating securities
19,201

 
—

 
—

Less: undistributed earnings reallocated to participating securities
(18,845
)
 
—

 
—

Numerator for diluted earnings per share
$
2,600,864

 
$
206,145

 
$
(210,388
)
 
 
 
 
 
 
Denominator:
 
 
 
 
 
Basic shares outstanding
383,077

 
381,562

 
379,877

Effect of dilutive securities
3,789

 
3,002

 
—

Diluted shares outstanding
386,866

 
384,564

 
379,877

 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
Basic
$
6.79

 
$
0.54

 
$
(0.55
)
Diluted
$
6.72

 
$
0.54

 
$
(0.55
)
Schedule Of Company Interests In Land Option Agreements

The following provides a summary of our interests in land option agreements ($000’s omitted): 
 
December 31, 2013
 
December 31, 2012
 
Deposits and
Pre-acquisition
Costs
 
Remaining Purchase
Price
 
Land, Not
Owned,
Under
Option
Agreements
 
Deposits and
Pre-acquisition
Costs
 
Remaining Purchase
Price
 
Land, Not
Owned,
Under
Option
Agreements
Land options with VIEs
$
40,486

 
$
661,158

 
$
8,167

 
$
29,294

 
$
369,085

 
$
8,590

Other land options
50,548

 
729,128

 
15,857

 
40,822

 
554,307

 
22,476

 
$
91,034

 
$
1,390,286

 
$
24,024

 
$
70,116

 
$
923,392

 
$
31,066
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
 The fair values of derivative instruments and their location in the Consolidated Balance Sheets is summarized below ($000’s omitted):
 
 
December 31, 2013
 
December 31, 2012
 
Other Assets
 
Other Liabilities
 
Other Assets
 
Other Liabilities
Interest rate lock commitments
$
3,628

 
$
489

 
$
6,045

 
$
24

Forward contracts
4,374

 
34

 
245

 
891

Whole loan commitments
189

 
84

 
30

 
85

 
$
8,191

 
$
607

 
$
6,320

 
$
1,000