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Variable Interest Entities and Consolidated Real Estate Not Owned (Tables) | 9 Months Ended
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Sep. 30, 2013
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 |
Purchase and option contracts recorded on balance sheet as Real estate not owned | 20 |  |  | $ | 481 |  |  | $ | 135 |  |
Option contracts not recorded on balance sheet - non-refundable deposits, committed (1) | 3,075 |  |  | 231,338 |  |  | 22,771 |  |
Purchase contracts not recorded on balance sheet — non-refundable deposits, committed (1) | 3,048 |  |  | 153,414 |  |  | 9,759 |  |
Purchase contracts not recorded on balance sheet — refundable deposits, committed | 327 |  |  | 15,432 |  |  | 216 |  |
Total committed (on and off balance sheet) | 6,470 |  |  | 400,665 |  |  | 32,881 |  |
Total purchase and option contracts not recorded on balance sheet — refundable deposits, uncommitted (2) | 4,140 |  |  | 111,108 |  |  | 2,165 |  |
Total lots under contract or option | 10,610 |  |  | $ | 511,773 |  |  | $ | 35,046 |  |
Total option contracts not recorded on balance sheet (3) | 10,590 |  |  | $ | 511,292 |  |  | $ | 34,911 |  | (4 | )
(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) | Except for our specific performance option contracts recorded on our balance sheet as Real estate not owned, none of our option agreements require us to purchase lots.
(4) | Amount is reflected in our consolidated balance sheet in the line item “Deposits on real estate under option or contract” as of September 30, 2013.

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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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