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Business and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2012
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Property and equipment, net
At December 31, 2012 and 2011, property and equipment, net consisted of the following:
 
 
 
 
 
 
 
At December 31,
 
 
2012
 
2011
Computer and office equipment
 
$
21,948

 
$
28,044

Model home furnishings
 
22,317

 
19,260

Gross property and equipment
 
44,265

 
47,304

Accumulated depreciation
 
(28,547
)
 
(33,813
)
Total
 
$
15,718

 
$
13,491

Accrued liabilities
 
 
 
 
 
 
 
At December 31,
 
 
2012
 
2011
Accruals related to real estate development and construction activities
 
$
19,954

 
$
11,048

Payroll and other benefits
 
11,871

 
13,535

Accrued taxes
 
3,407

 
3,075

Warranty reserves
 
22,064

 
23,136

Legal reserves
 
16,067

 
10,157

Other accruals
 
23,014

 
18,513

Total
 
$
96,377

 
$
79,464

Letter of credit and surety bond obligations
 
 
 
 
 
 
 
 
 
 
 
December 31, 2012
 
December 31, 2011
 
 
Outstanding
 
Estimated work
remaining to
complete
 
Outstanding
 
Estimated work
remaining to
complete
Sureties:
 
 
 
 
 
 
 
 
Sureties related to joint ventures
 
$
87

 
$
87

 
$
1,594

 
$
32

Sureties related to owned projects and lots under contract
 
87,305

 
38,936

 
65,921

 
37,252

Total Sureties
 
$
87,392

 
$
39,023

 
$
67,515

 
$
37,284

Letters of Credit (“LOCs”):
 
 
 
 
 
 
 
 
LOCs for land development
 
$
32,475

 
N/A

 
$
6,451

 
N/A

LOCs for general corporate operations
 
4,991

 
N/A

 
4,960

 
N/A

Total LOCs
 
$
37,466

 
N/A

 
$
11,411

 
N/A

Warranty reserves
 
 
Year Ended December 31,
 
 
2012
 
2011
Balance, beginning of year
 
$
23,136

 
$
29,265

Additions to reserve from new home deliveries
 
8,047

 
6,692

Warranty claims
 
(9,119
)
 
(10,227
)
Adjustments to pre-existing reserves
 

 
(2,594
)
Balance, end of year
 
$
22,064

 
$
23,136