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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2015
Accounting Policies [Abstract]  
Schedule of Other Expense (Income), Net
Other expense, net consists of the following ($000’s omitted): 
 
2015
 
2014
 
2013
Write-offs of deposits and pre-acquisition costs (Note 3)
$
5,021

 
$
6,099

 
$
3,122

Loss on debt retirements (Note 6)
—

 
8,584

 
26,930

Lease exit and related costs
2,463

 
9,609

 
2,778

Amortization of intangible assets (Note 1)
12,900

 
13,033

 
13,100

Equity in (earnings) loss of unconsolidated entities (Note 5)
(7,355
)
 
(8,226
)
 
(993
)
Interest income
(3,107
)
 
(4,632
)
 
(4,395
)
Interest expense
788

 
849

 
712

Miscellaneous, net (a)
6,653

 
1,420

 
34,823

 
$
17,363

 
$
26,736

 
$
76,077


(a)
Miscellaneous, net includes a charge of $20.0 million in 2015 resulting from the Applecross matter (see Note 12) and charges totaling $41.2 million in 2013 resulting from a contractual dispute related to a previously completed luxury community (see Note 12).
Schedule of Earnings Per Share of Common Stock
The following table presents the earnings per common share (000's omitted, except per share data):

 
December 31, 2015
 
December 31, 2014
 
December 31, 2013
Numerator:
 
 
 
 
 
Net income
$
494,090

 
$
474,338

 
$
2,620,116

Less: earnings distributed to participating securities
(755
)
 
(583
)
 
(407
)
Less: undistributed earnings allocated to participating securities
(2,448
)
 
(2,668
)
 
(19,201
)
Numerator for basic earnings per share
$
490,887

 
$
471,087

 
$
2,600,508

Add back: undistributed earnings allocated to participating securities
2,448

 
2,668

 
19,201

Less: undistributed earnings reallocated to participating securities
(2,429
)
 
(2,643
)
 
(18,845
)
Numerator for diluted earnings per share
$
490,906

 
$
471,112

 
$
2,600,864

 
 
 
 
 
 
Denominator:
 
 
 
 
 
Basic shares outstanding
356,576

 
370,377

 
383,077

Effect of dilutive securities
3,217

 
3,725

 
3,789

Diluted shares outstanding
359,793

 
374,102

 
386,866

 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
Basic
$
1.38

 
$
1.27

 
$
6.79

Diluted
$
1.36

 
$
1.26

 
$
6.72
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, 2015
 
December 31, 2014
 
Deposits and
Pre-acquisition
Costs
 
Remaining Purchase
Price
 
Deposits and
Pre-acquisition
Costs
 
Remaining Purchase
Price
Land options with VIEs
$
77,641

 
$
1,064,506

 
$
56,039

 
$
891,506

Other land options
84,478

 
981,687

 
71,241

 
999,079

 
$
162,119

 
$
2,046,193

 
$
127,280

 
$
1,890,585
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 are summarized below ($000’s omitted):
 
 
December 31, 2015
 
December 31, 2014
 
Other Assets
 
Other Liabilities
 
Other Assets
 
Other Liabilities
Interest rate lock commitments
$
5,854

 
$
280

 
$
4,313

 
$
65

Forward contracts
1,178

 
840

 
79

 
3,653

Whole loan commitments
358

 
345

 
31

 
619

 
$
7,390

 
$
1,465

 
$
4,423

 
$
4,337