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Variable Interest Entities and Consolidated Real Estate Not Owned (Tables) | 6 Months Ended
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Jun. 30, 2012
Variable Interest Entities and Consolidated Real Estate Not Owned [Abstract] |
Summary of lots under option or contract |
|  | Number of Lots |  |  | Purchase Price |  |  | Option/Earnest Money Deposits Cash |
Option and purchase contracts recorded on balance sheet as Real estate not owned |  |  | 5 |  |  | $ | 233 |  |  | $ | 17 |
Option and purchase contracts not recorded on balance sheet — non-refundable deposits, committed (1) |  |  | 2,406 |  |  |  | 132,773 |  |  |  | 13,701 |
Option and purchase contracts not recorded on balance sheet — refundable deposits, committed |  |  | 532 |  |  |  | 17,871 |  |  |  | 518 |
Total committed (on and off balance sheet) |  |  | 2,943 |  |  |  | 150,877 |  |  |  | 14,236 |
Total option and purchase contracts not recorded on balance sheet — refundable deposits, uncommitted (2) |  |  | 1,386 |  |  |  | 30,727 |  |  |  | 540 |
Total lots under option or contracts |  |  | 4,329 |  |  |  | 181,604 |  |  |  | 14,776 |
Total option contracts not recorded on balance sheet |  |  | 4,324 |  |  | $ | 181,371 |  |  | $ | 14,759 | (3)
(1) | Deposits are generally non-refundable except if certain contractual conditions fail or certain contractual obligations are not performed by the selling party.
(2) | Deposits are refundable at our sole discretion. We have not completed our acquisition evaluation process and we have not internally committed to purchase these lots.
(3) | Amount is reflected in our consolidated balance sheet in the line item “Deposits on real estate under option or contract” as of June 30, 2012.

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- Definition The tabular disclosure of the Company's real estate lots currently under option or contract with a third party including a detailed description of the number of lots, the purchase price and the amount of earnest money (if any)as of the balance sheet date. + References No definition available. + Details
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- Details
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