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Operating and Reporting Segments (Tables) | 6 Months Ended
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Jun. 30, 2013
Segment Reporting [Abstract] |
Segment information on operating results |
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2013 |  | 2012 |  | 2013 |  | 2012
Homebuilding revenue (1): |  |  |  |  |  |  |
West | $ | 246,741 |  |  | $ | 134,263 |  |  | $ | 435,946 |  |  | $ | 228,964 |
Central | 127,310 |  |  | 102,499 |  |  | 218,099 |  |  | 174,478 |
East | 75,899 |  |  | 45,333 |  |  | 132,340 |  |  | 83,003 |
Consolidated total | $ | 449,950 |  |  | $ | 282,095 |  |  | $ | 786,385 |  |  | $ | 486,445 |
Homebuilding segment operating income: |  |  |  |  |  |  |
West | $ | 34,895 |  |  | $ | 8,410 |  |  | $ | 54,058 |  |  | $ | 11,651 |
Central | 7,263 |  |  | 5,336 |  |  | 9,643 |  |  | 5,652 |
East | 6,765 |  |  | 3,271 |  |  | 10,001 |  |  | 6,077 |
Total homebuilding segment operating income | 48,923 |  |  | 17,017 |  |  | 73,702 |  |  | 23,380 |
Financial services profit | 4,165 |  |  | 2,177 |  |  | 7,221 |  |  | 3,758 |
Corporate and unallocated (2) | (7,502 | ) |  | (5,085 | ) |  | (13,349 | ) |  | (9,910 | )
Loss from other unconsolidated entities, net | (120 | ) |  | (91 | ) |  | (275 | ) |  | (274 | )
Interest expense | (4,523 | ) |  | (6,338 | ) |  | (9,651 | ) |  | (13,709 | )
Other income, net | 685 |  |  | 934 |  |  | 1,155 |  |  | 795 |
Loss on early extinguishment of debt | (3,096 | ) |  | (5,772 | ) |  | (3,796 | ) |  | (5,772 | )
Earnings/(loss) before income taxes | $ | 38,532 |  |  | $ | 2,842 |  |  | $ | 55,007 |  |  | $ | (1,732 | )
(1) | Homebuilding revenue includes the following land closing revenue, by segment:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2013 |  | 2012 |  | 2013 |  | 2012
Land closing revenue: |  |  |  |  |  |  |
West | 100 |  |  | $ | — |  |  | $ | 5,741 |  |  | $ | — |
Central | 10,340 |  |  | 755 |  |  | 10,424 |  |  | 1,083 |
East | 3,470 |  |  | — |  |  | 3,470 |  |  | — |
Consolidated total | $ | 13,910 |  |  | $ | 755 |  |  | $ | 19,635 |  |  | $ | 1,083 |
(2) | Balance consists primarily of corporate costs and numerous shared service functions such as finance and treasury that are not allocated to the homebuilding or financial services reporting segments.
Total assets from segment |
| At June 30, 2013
| West |  | Central |  | East |  | Financial Services |  | Corporate and Unallocated (1) |  | Total
Deposits on real estate under option or contract | $ | 5,601 |  |  | $ | 7,570 |  |  | $ | 8,541 |  |  | $ | — |  |  | $ | — |  |  | $ | 21,712 |
Real estate | 691,423 |  |  | 328,895 |  |  | 206,911 |  |  | — |  |  | — |  |  | 1,227,229 |
Investments in unconsolidated entities | 206 |  |  | 9,427 |  |  | 40 |  |  | — |  |  | 1,025 |  |  | 10,698 |
Other assets (2) | 44,661 |  |  | 161,252 |  |  | 26,230 |  |  | 506 |  |  | 275,189 |  |  | 507,838 |
Total assets | $ | 741,891 |  |  | $ | 507,144 |  |  | $ | 241,722 |  |  | $ | 506 |  |  | $ | 276,214 |  |  | $ | 1,767,477 |
| At December 31, 2012
| West |  | Central |  | East |  | Financial Services |  | Corporate and Unallocated (3) |  | Total
Deposits on real estate under option or contract | $ | 4,419 |  |  | $ | 7,168 |  |  | $ | 2,764 |  |  | $ | — |  |  | $ | — |  |  | $ | 14,351 |
Real estate | 647,316 |  |  | 305,100 |  |  | 160,771 |  |  | — |  |  | — |  |  | 1,113,187 |
Investments in unconsolidated entities | 365 |  |  | 10,645 |  |  | 16 |  |  | — |  |  | 1,059 |  |  | 12,085 |
Other assets (4) | 24,935 |  |  | 132,546 |  |  | 25,914 |  |  | 297 |  |  | 252,247 |  |  | 435,939 |
Total assets | $ | 677,035 |  |  | $ | 455,459 |  |  | $ | 189,465 |  |  | $ | 297 |  |  | $ | 253,306 |  |  | $ | 1,575,562 |
(1)(3) Balance consists primarily of corporate assets not allocated to the reporting segments. (2)(4) Balance consists primarily of cash and securities.

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