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Variable Interest Entities and Consolidated Real Estate Not Owned (Tables) | 12 Months Ended
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Dec. 31, 2013
Variable Interest Entities and Consolidated Real Estate Not Owned [Abstract] |
Summary of lots under option or contract |
|  | Projected Number of Lots |  | Purchase Price |  | Option/ Earnest Money Deposits–Cash |  |
Purchase and option contracts recorded on balance sheet as Real estate not owned |  | 12 |  |  | $ | 289 |  |  | $ | — |  |  |
Option contracts not recorded on balance sheet — non-refundable deposits, committed (1) |  | 3,673 |  |  | 309,028 |  |  | 31,369 |  |  |
Purchase contracts not recorded on balance sheet — non-refundable deposits, committed (1) |  | 2,335 |  |  | 119,495 |  |  | 17,435 |  |  |
Purchase contracts not recorded on balance sheet —refundable deposits, committed |  | 766 |  |  | 21,001 |  |  | 625 |  |  |
Total committed (on and off balance sheet) |  | 6,786 |  |  | 449,813 |  |  | 49,429 |  |  |
Total purchase and option contracts not recorded on balance sheet — refundable deposits, uncommitted (2) |  | 3,821 |  |  | 105,407 |  |  | 2,166 |  |  |
Total lots under contract or option |  | 10,607 |  |  | $ | 555,220 |  |  | $ | 51,595 |  |  |
Total option contracts not recorded on balance sheet (3) |  | 10,595 |  | $ | 554,931 |  |  | $ | 51,595 |  |  | (4)
(1) | Deposits are non-refundable except if certain contractual conditions 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 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 December 31, 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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