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Investment in Unconsolidated LLCs | 12 Months Ended
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Dec. 31, 2011
Investment in Unconsolidated LLCs [Abstract] |
Equity Method Investments Disclosure [Text Block] | Investment in Unconsolidated Limited Liability Companies At December 31, 2011, the Company had interests ranging from 33% to 50% in Unconsolidated LLCs that do not meet the criteria of variable interest entities because each of the entities, among other factors, had sufficient equity at risk to permit the entity to finance its activities without additional subordinated support from the equity investors, and one of these Unconsolidated LLCs has outside financing that is not guaranteed by the Company. These Unconsolidated LLCs engage in land acquisition and development activities for the purpose of selling or distributing (in the form of a capital distribution) developed lots to the Company and its partners in the entity. The Company’s maximum exposure related to its investment in these entities as of December 31, 2011 is the amount invested of $10.4 million. Included in the Company’s investment in Unconsolidated LLCs at both December 31, 2011 and 2010 are $0.8 million, of capitalized interest and other costs. The Company does not have a controlling interest in these Unconsolidated LLCs; therefore, they are recorded using the equity method of accounting. The Company received distributions totaling less than $0.1 million and $1.2 million in developed lots at cost in 2011 and 2010, respectively. The Company did not receive any distributions of developed lots in 2009. The Company evaluates its investment in Unconsolidated LLCs for potential impairment on a quarterly basis. If the fair value of the investment (see Note 4) is less than the investment's carrying value, and the Company determines the decline in value was other than temporary, the Company would write down the investment to fair value. Summarized condensed combined financial information for the Unconsolidated LLCs that are included in the homebuilding segments as of December 31, 2011 and 2010 and for the years ended December 31, 2011, 2010 and 2009 is as follows: Summarized Condensed Combined Balance Sheets:
| December 31,
(In thousands) | 2011 | 2010
Assets: |  |
Single-family lots, land and land development costs | $ | 36,631 |  | $ | 36,317 |
Other assets | 199 |  | 2 |
Total assets | $ | 36,830 |  | $ | 36,319 |
Liabilities and partners’ equity: |  |
Liabilities: |  |
Notes payable | $ | 3,250 |  | $ | 3,250 |
Other liabilities | 159 |  | 193 |
Total liabilities | 3,409 |  | 3,443 |
Partners’ equity: |  |
Company’s equity | 10,357 |  | 10,589 |
Other equity | 23,064 |  | 22,287 |
Total partners’ equity | 33,421 |  | 32,876 |
Total liabilities and partners’ equity | $ | 36,830 |  | $ | 36,319 |
Summarized Condensed Combined Statements of Operations:
| Years Ended December 31,
(In thousands) | 2011 | 2010 | 2009
Revenue | $ | — |  | $ | 634 |  | $ | 77 |
Costs and expenses | 18 |  | 13 |  | 97 |
(Loss) income | $ | (18 | ) | $ | 621 |  | $ | (20 | )
The Company’s total equity in the income (loss) relating to the above homebuilding Unconsolidated LLCs was approximately less than $0.1 million, $0.3 million and less than $0.1 million for the years ended December 31, 2011, 2010 and 2009, respectively.

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- Definition The entire disclosure for equity investment, or group of investments, for which combined disclosure is appropriate, including: (a) the name of each investee and percentage of ownership of common stock, (b) accounting policies for investments in common stock, (c) difference between the amount at which the investment is carried and the amount of underlying equity in net assets and the accounting treatment of the difference, (d) the total fair value of each identified investment for which a market value is available, (e) summarized information as to assets, liabilities, and results of operations of the investees (for investments in unconsolidated subsidiaries, common stock of joint ventures, or other investments using the equity method), and (f) material effects of possible conversions, exercises, or contingent issuances of the investee. Other disclosures include (a) the names of any investee in which the investor owns 20 percent or more of the voting stock and investment is not accounted for using the equity method, and the reasons why not, and (b) the names of any investee in which the investor owns less than 20 percent of the voting stock and the investment is accounted for using the equity method, and the reasons why it is. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6903645&loc=d3e32787-111569 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 18 -Paragraph 20 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.12) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6903645&loc=d3e32847-111569 + Details
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