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Segment Information | 3 Months Ended
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Mar. 31, 2016
Segment Reporting [Abstract] |
Segment Information | Segment information Our Homebuilding operations are engaged in the acquisition and development of land primarily for residential purposes within the U.S. and the construction of housing on such land. For reporting purposes, our Homebuilding operations are aggregated into six reportable segments:
Northeast: |  | Connecticut, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Virginia
Southeast: |  | Georgia, North Carolina, South Carolina, Tennessee
Florida: |  | Florida
Midwest: |  | Illinois, Indiana, Kentucky, Michigan, Minnesota, Missouri, Ohio
Texas: |  | Texas
West: |  | Arizona, California, Nevada, New Mexico, Washington
We also have a reportable segment for our Financial Services operations, which consist principally of mortgage banking and title operations and operate generally in the same markets as the Homebuilding segments.
| Operating Data by Segment ($000’s omitted)
| Three Months Ended
| March 31,
| 2016 |  | 2015
Revenues: |  |  |
Northeast | $ | 118,654 |  |  | $ | 111,153 |
Southeast (a) | 294,426 |  |  | 185,788 |
Florida | 269,841 |  |  | 203,062 |
Midwest | 189,892 |  |  | 178,652 |
Texas | 213,292 |  |  | 177,499 |
West | 310,625 |  |  | 249,546 |
| 1,396,730 |  |  | 1,105,700 |
Financial Services | 35,848 |  |  | 27,598 |
Consolidated revenues | $ | 1,432,578 |  |  | $ | 1,133,298 |
Income before income taxes: |  |  |
Northeast | $ | 9,590 |  |  | $ | 9,527 |
Southeast (a) | 19,770 |  |  | 24,624 |
Florida | 40,302 |  |  | 33,224 |
Midwest | 5,620 |  |  | 1,180 |
Texas | 28,517 |  |  | 22,791 |
West | 33,507 |  |  | 31,079 |
Other homebuilding (b) | (28,873 | ) |  | (31,677 | )
| 108,433 |  |  | 90,748 |
Financial Services | 9,780 |  |  | 5,057 |
Consolidated income before income taxes | $ | 118,213 |  |  | $ | 95,805 |
(a) | Southeast includes the acquisition in January 2016 of substantially all of the assets of Wieland (see Note 1).
(b) | Other homebuilding includes the amortization of intangible assets, amortization of capitalized interest, and other items not allocated to the operating segments.
| Operating Data by Segment
| ($000's omitted)
| March 31, 2016
| Homes Under Construction |  | Land Under Development |  | Raw Land |  | Total Inventory |  | Total Assets
Northeast | $ | 178,697 |  |  | $ | 293,122 |  |  | $ | 122,359 |  |  | $ | 594,178 |  |  | $ | 724,862 |
Southeast (a) | 374,347 |  |  | 544,577 |  |  | 203,394 |  |  | 1,122,318 |  |  | 1,274,358 |
Florida | 253,262 |  |  | 630,859 |  |  | 80,526 |  |  | 964,647 |  |  | 1,079,826 |
Midwest | 257,042 |  |  | 413,194 |  |  | 68,931 |  |  | 739,167 |  |  | 801,961 |
Texas | 217,893 |  |  | 353,206 |  |  | 97,754 |  |  | 668,853 |  |  | 757,559 |
West | 517,537 |  |  | 1,139,387 |  |  | 215,118 |  |  | 1,872,042 |  |  | 2,074,250 |
Other homebuilding (b) | 22,544 |  |  | 193,856 |  |  | 24,874 |  |  | 241,274 |  |  | 2,773,441 |
| 1,821,322 |  |  | 3,568,201 |  |  | 812,956 |  |  | 6,202,479 |  |  | 9,486,257 |
Financial Services | — |  |  | — |  |  | — |  |  | — |  |  | 357,223 |
| $ | 1,821,322 |  |  | $ | 3,568,201 |  |  | $ | 812,956 |  |  | $ | 6,202,479 |  |  | $ | 9,843,480 |
| December 31, 2015
| Homes Under Construction |  | Land Under Development |  | Raw Land |  | Total Inventory |  | Total Assets
Northeast | $ | 163,173 |  |  | $ | 292,631 |  |  | $ | 121,522 |  |  | $ | 577,326 |  |  | $ | 688,610 |
Southeast (a) | 196,456 |  |  | 367,577 |  |  | 139,246 |  |  | 703,279 |  |  | 765,933 |
Florida | 227,910 |  |  | 574,092 |  |  | 97,185 |  |  | 899,187 |  |  | 1,013,543 |
Midwest | 197,738 |  |  | 414,386 |  |  | 68,918 |  |  | 681,042 |  |  | 734,834 |
Texas | 191,424 |  |  | 317,702 |  |  | 107,737 |  |  | 616,863 |  |  | 691,342 |
West | 413,208 |  |  | 1,094,112 |  |  | 222,920 |  |  | 1,730,240 |  |  | 1,924,958 |
Other homebuilding (b) | 18,351 |  |  | 198,566 |  |  | 25,204 |  |  | 242,121 |  |  | 2,628,687 |
| 1,408,260 |  |  | 3,259,066 |  |  | 782,732 |  |  | 5,450,058 |  |  | 8,447,907 |
Financial Services | — |  |  | — |  |  | — |  |  | — |  |  | 508,989 |
| $ | 1,408,260 |  |  | $ | 3,259,066 |  |  | $ | 782,732 |  |  | $ | 5,450,058 |  |  | $ | 8,956,896 |
(a) | Southeast includes the acquisition in January 2016 of substantially all of the assets of Wieland (see Note 1).
(b) | Other homebuilding primarily includes cash and equivalents, capitalized interest, intangibles, deferred tax assets, and other corporate items that are not allocated to the operating segments.
3. Segment information Our Homebuilding operations are engaged in the acquisition and development of land primarily for residential purposes within the U.S. and the construction of housing on such land. For reporting purposes, our Homebuilding operations are aggregated into six reportable segments:
Northeast: |  | Connecticut, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Virginia
Southeast: |  | Georgia, North Carolina, South Carolina, Tennessee
Florida: |  | Florida
Midwest: |  | Illinois, Indiana, Kentucky, Michigan, Minnesota, Missouri, Ohio
Texas: |  | Texas
West: |  | Arizona, California, Nevada, New Mexico, Washington
We also have a reportable segment for our Financial Services operations, which consist principally of mortgage banking and title operations and operate generally in the same markets as the Homebuilding segments.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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