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Business Segments Business Segments (Tables) | 9 Months Ended
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Sep. 30, 2012
Business Segments [Abstract] |
Schedule of Segment Reporting Information, by Segment [Table Text Block] | The following table shows, by segment, revenue, operating income (loss) and interest expense for the three and nine months ended September 30, 2012 and 2011, as well as the Company’s loss before income taxes for such periods:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands) | 2012 |  | 2011 |  | 2012 |  | 2011
Revenue: |  |  |  |  |  |  |
Midwest homebuilding | $ | 79,015 |  |  | $ | 58,941 |  |  | $ | 198,994 |  |  | $ | 168,291 |
Southern homebuilding | 50,828 |  |  | 35,281 |  |  | 123,400 |  |  | 84,117 |
Mid-Atlantic homebuilding | 72,649 |  |  | 44,530 |  |  | 172,977 |  |  | 127,863 |
Financial services | 6,383 |  |  | 2,872 |  |  | 15,623 |  |  | 9,367 |
Total revenue | $ | 208,875 |  |  | $ | 141,624 |  |  | $ | 510,994 |  |  | $ | 389,638 |
Operating income (loss): |  |  |  |  |  |  |
Midwest homebuilding (a) | $ | 3,940 |  |  | $ | 1,364 |  |  | $ | 9,012 |  |  | $ | (6,925 | )
Southern homebuilding (a) | 6,144 |  |  | (203 | ) |  | 9,837 |  |  | (6,895 | )
Mid-Atlantic homebuilding (a) | 5,787 |  |  | 1,909 |  |  | 9,496 |  |  | 4,959 |
Financial services | 3,960 |  |  | 969 |  |  | 8,606 |  |  | 4,203 |
Less: Corporate selling, general and administrative expenses | (7,380 | ) |  | (5,490 | ) |  | (17,508 | ) |  | (15,288 | )
Total operating income (loss) | $ | 12,451 |  |  | $ | (1,451 | ) |  | $ | 19,443 |  |  | $ | (19,946 | )
Interest expense: |  |  |  |  |  |  |
Midwest homebuilding | $ | 1,243 |  |  | $ | 1,291 |  |  | $ | 4,181 |  |  | $ | 4,612 |
Southern homebuilding | 999 |  |  | 768 |  |  | 2,543 |  |  | 1,965 |
Mid-Atlantic homebuilding | 1,342 |  |  | 1,122 |  |  | 4,248 |  |  | 3,663 |
Financial services | 415 |  |  | 203 |  |  | 1,094 |  |  | 644 |
Total interest expense | $ | 3,999 |  |  | $ | 3,384 |  |  | $ | 12,066 |  |  | $ | 10,884 |
Income (loss) before income taxes | $ | 8,452 |  |  | $ | (4,835 | ) |  | $ | 7,377 |  |  | $ | (30,830 | )
(a) | For the three months ended September 30, 2012 and 2011, the impact of charges relating to the impairment of inventory and investment in Unconsolidated LLCs and the write-off of abandoned land transaction costs was $1.3 million and $1.8 million, respectively. These charges reduced operating income by $1.3 million and $1.2 million in the Midwest region for the three months ended September 30, 2012 and 2011, respectively, and $0.6 million in the Southern region for the three months ended September 30, 2011. There were no charges in the Mid-Atlantic or Southern regions for the three months ended September 30, 2012 or any charges in the Mid-Atlantic region for the three months ended September 30, 2011.
For the nine months ended September 30, 2012 and 2011, the impact of charges relating to the impairment of inventory and investment in Unconsolidated LLCs and the write-off of abandoned land transaction costs was $2.1 million and $18.5 million, respectively. These charges reduced operating income by $1.9 million and $11.6 million in the Midwest region, $0.1 million and $6.6 million in the Southern region and $0.1 million and $0.3 million in the Mid-Atlantic region for the nine months ended September 30, 2012 and 2011, respectively. The following tables show total assets by segment:
| September 30, 2012
(In thousands) | Midwest |  | Southern |  | Mid-Atlantic |  | Corporate, Financial Services and Unallocated |  | Total
Deposits on real estate under option or contract | $ | 1,274 |  |  | $ | 2,675 |  |  | $ | 2,255 |  |  | $ | — |  |  | $ | 6,204 |
Inventory (a) | 203,947 |  |  | 126,524 |  |  | 207,196 |  |  | — |  |  | 537,667 |
Investments in Unconsolidated LLCs | 5,255 |  |  | 6,001 |  |  | — |  |  | — |  |  | 11,256 |
Other assets | 5,710 |  |  | 4,434 |  |  | 11,044 |  |  | 240,977 |  |  | 262,165 |
Total assets | $ | 216,186 |  |  | $ | 139,634 |  |  | $ | 220,495 |  |  | $ | 240,977 |  |  | $ | 817,292 |
| December 31, 2011
(In thousands) | Midwest |  | Southern |  | Mid-Atlantic |  | Corporate, Financial Services and Unallocated |  | Total
Deposits on real estate under option or contract | $ | 252 |  |  | $ | 1,516 |  |  | $ | 907 |  |  | $ | — |  |  | $ | 2,675 |
Inventory (a) | 200,760 |  |  | 89,586 |  |  | 173,751 |  |  | — |  |  | 464,097 |
Investments in Unconsolidated LLCs | 5,157 |  |  | 5,200 |  |  | — |  |  | — |  |  | 10,357 |
Other assets | 3,865 |  |  | 2,858 |  |  | 9,861 |  |  | 170,772 |  |  | 187,356 |
Total assets | $ | 210,034 |  |  | $ | 99,160 |  |  | $ | 184,519 |  |  | $ | 170,772 |  |  | $ | 664,485 |
(a) | Inventory includes single-family lots, land and land development costs; land held for sale; homes under construction; model homes and furnishings; community development district infrastructure; and consolidated inventory not owned.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8721-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8736-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -Paragraph 27, 28 -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 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6905597&loc=d3e13816-109267 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8813-108599 + Details
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