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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2019
Segment Reporting [Abstract] |
Components of Reportable Segments | For reporting purposes, our Homebuilding operations are aggregated into six reportable segments:
Northeast: |  | Connecticut, Maryland, Massachusetts, New Jersey, Pennsylvania, Virginia
Southeast: |  | Georgia, North Carolina, South Carolina, Tennessee
Florida: |  | Florida
Midwest: |  | Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio
Texas: |  | Texas
West: |  | Arizona, California, Nevada, New Mexico, Washington
Operating Data By Reporting Segment |
| Operating Data by Segment ($000’s omitted)
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Revenues: |  |  |  |  |  |  |
Northeast | $ | 200,237 |  |  | $ | 200,626 |  |  | $ | 310,729 |  |  | $ | 333,062 |
Southeast | 409,121 |  |  | 445,506 |  |  | 784,538 |  |  | 820,129 |
Florida | 535,153 |  |  | 455,637 |  |  | 931,597 |  |  | 804,346 |
Midwest | 350,584 |  |  | 356,466 |  |  | 644,174 |  |  | 653,972 |
Texas | 342,886 |  |  | 330,692 |  |  | 611,889 |  |  | 577,331 |
West | 595,047 |  |  | 728,031 |  |  | 1,102,933 |  |  | 1,252,273 |
| 2,433,028 |  |  | 2,516,958 |  |  | 4,385,860 |  |  | 4,441,113 |
Financial Services | 55,957 |  |  | 52,764 |  |  | 99,819 |  |  | 98,702 |
Consolidated revenues | $ | 2,488,985 |  |  | $ | 2,569,722 |  |  | $ | 4,485,679 |  |  | $ | 4,539,815 |
Income (loss) before income taxes: |  |  |  |  |  |  |
Northeast | $ | 26,212 |  |  | $ | 25,158 |  |  | $ | 34,140 |  |  | $ | 34,470 |
Southeast | 42,499 |  |  | 54,357 |  |  | 80,355 |  |  | 94,814 |
Florida | 80,066 |  |  | 67,491 |  |  | 129,662 |  |  | 112,436 |
Midwest | 42,962 |  |  | 43,050 |  |  | 69,120 |  |  | 71,451 |
Texas | 49,144 |  |  | 50,859 |  |  | 80,115 |  |  | 81,395 |
West (a) | 94,443 |  |  | 154,414 |  |  | 184,625 |  |  | 243,619 |
Other homebuilding (b) | (39,628 | ) |  | (6,876 | ) |  | (78,024 | ) |  | (39,374 | )
| 295,698 |  |  | 388,453 |  |  | 499,993 |  |  | 598,811 |
Financial Services | 25,078 |  |  | 20,717 |  |  | 37,486 |  |  | 34,551 |
Consolidated income before income taxes | $ | 320,776 |  |  | $ | 409,170 |  |  | $ | 537,479 |  |  | $ | 633,362 |
(a) | West includes gains of $26.4 million related to two land sale transactions in California that closed in the three months ended June 30, 2018.
(b) | Other homebuilding includes the amortization of intangible assets and capitalized interest and other items not allocated to the operating segments. Other homebuilding also includes insurance reserve reversals of $12.8 million and $16.6 million for the three and six months ended June 30, 2019, respectively, and $37.5 million and $35.1 million for the three and six months ended June 30, 2018, respectively, and write-offs of insurance receivables of $12.6 million and $24.2 million for the three and six months ended June 30, 2019 (see Note 8).
| Operating Data by Segment ($000’s omitted) |  |  |  |
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Land-related charges*: |  |  |  |  |  |  |
Northeast | $ | 130 |  |  | $ | 498 |  |  | $ | 454 |  |  | $ | 1,683 |
Southeast | 2,015 |  |  | 689 |  |  | 2,587 |  |  | 1,731 |
Florida | 765 |  |  | 226 |  |  | 1,246 |  |  | 409 |
Midwest | 203 |  |  | 372 |  |  | 1,306 |  |  | 1,118 |
Texas | 414 |  |  | 220 |  |  | 482 |  |  | 270 |
West | 216 |  |  | 148 |  |  | 647 |  |  | 361 |
Other homebuilding | 88 |  |  | 269 |  |  | 88 |  |  | 269 |
| $ | 3,831 |  |  | $ | 2,422 |  |  | $ | 6,810 |  |  | $ | 5,841 |
* Land-related charges include land impairments, net realizable value adjustments on land held for sale and write-offs of deposits and pre-acquisition costs for land option contracts we elected not to pursue.
Total Assets And Inventory By Reporting Segment |
| Operating Data by Segment
| ($000's omitted)
| June 30, 2019
| Homes Under Construction |  | Land Under Development |  | Raw Land |  | Total Inventory |  | Total Assets
Northeast | $ | 366,441 |  |  | $ | 259,727 |  |  | $ | 25,929 |  |  | $ | 652,097 |  |  | $ | 745,833 |
Southeast | 493,516 |  |  | 671,369 |  |  | 82,093 |  |  | 1,246,978 |  |  | 1,391,938 |
Florida | 537,240 |  |  | 886,951 |  |  | 73,684 |  |  | 1,497,875 |  |  | 1,649,747 |
Midwest | 349,951 |  |  | 428,841 |  |  | 33,779 |  |  | 812,571 |  |  | 890,008 |
Texas | 353,512 |  |  | 447,071 |  |  | 98,613 |  |  | 899,196 |  |  | 966,504 |
West | 966,605 |  |  | 1,255,278 |  |  | 120,991 |  |  | 2,342,874 |  |  | 2,590,663 |
Other homebuilding (a) | 53,320 |  |  | 280,396 |  |  | 17,185 |  |  | 350,901 |  |  | 1,394,068 |
| 3,120,585 |  |  | 4,229,633 |  |  | 452,274 |  |  | 7,802,492 |  |  | 9,628,761 |
Financial Services | — |  |  | — |  |  | — |  |  | — |  |  | 466,776 |
| $ | 3,120,585 |  |  | $ | 4,229,633 |  |  | $ | 452,274 |  |  | $ | 7,802,492 |  |  | $ | 10,095,537 |
| Operating Data by Segment
| ($000's omitted)
| December 31, 2018
| Homes Under Construction |  | Land Under Development |  | Raw Land |  | Total Inventory |  | Total Assets
Northeast | $ | 268,900 |  |  | $ | 291,467 |  |  | $ | 52,245 |  |  | $ | 612,612 |  |  | $ | 704,515 |
Southeast | 443,140 |  |  | 676,087 |  |  | 90,332 |  |  | 1,209,559 |  |  | 1,347,427 |
Florida | 467,625 |  |  | 892,669 |  |  | 85,321 |  |  | 1,445,615 |  |  | 1,601,906 |
Midwest | 314,442 |  |  | 433,056 |  |  | 29,908 |  |  | 777,406 |  |  | 849,596 |
Texas | 284,405 |  |  | 427,124 |  |  | 98,415 |  |  | 809,944 |  |  | 881,629 |
West | 805,709 |  |  | 1,131,841 |  |  | 118,579 |  |  | 2,056,129 |  |  | 2,208,092 |
Other homebuilding (a) | 45,937 |  |  | 276,981 |  |  | 19,170 |  |  | 342,088 |  |  | 2,006,825 |
| 2,630,158 |  |  | 4,129,225 |  |  | 493,970 |  |  | 7,253,353 |  |  | 9,599,990 |
Financial Services | — |  |  | — |  |  | — |  |  | — |  |  | 572,986 |
| $ | 2,630,158 |  |  | $ | 4,129,225 |  |  | $ | 493,970 |  |  | $ | 7,253,353 |  |  | $ | 10,172,976 |
(a) 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.

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