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Common Stock
 12 Months Ended
Dec. 31, 2013
Equity [Abstract]  
Common Stock
10. Common Stock

There were 4,433,725 and 4,914,130 common shares outstanding at December 31, 2013 and 2012, respectively. As of December 31, 2013, NVR had reacquired a total of approximately 23,300,000 shares of NVR common stock at an aggregate cost of approximately $5,308,000 since December 31, 1993. The Company made the following share repurchases during the years indicated:

 

     Number of Shares      Aggregate
Purchase Price		  

2013

      581,387       $ 554,491   

2012

      285,495       $ 227,281   

2011

      1,017,588       $ 689,302   

Since 1999, the Company has issued shares from the treasury for all stock option exercises. There have been approximately 7,164,000 common shares reissued from the treasury in satisfaction of stock option exercises and other employee benefit obligations. The Company issued 101,850; 221,992 and 333,380 such shares during 2013, 2012 and 2011, respectively.