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v2.4.0.8

Condensed Consolidated Statements of Operations (USD $) In Thousands, except Per Share data, unless otherwise specified | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2013 | Jun. 30, 2012 | Jun. 30, 2013 | Jun. 30, 2012
Statement of Operations [Abstract] |  |  |  |
Revenue | $ 234,553 | $ 170,994 | $ 425,280 | $ 302,119
Land and housing | 187,136 | 137,111 | 338,649 | 244,441
Impairment of inventory and investment in Unconsolidated LLCs | 1,201 | 472 | 2,101 | 567
General and administrative | 18,149 | 13,826 | 34,128 | 26,283
Selling | 16,275 | 12,825 | 29,384 | 23,836
Interest | 4,397 | 3,461 | 8,737 | 8,067
Total costs and expenses | 227,158 | 167,695 | 412,999 | 303,194
Income (loss) before income taxes | 7,395 | 3,299 | 12,281 | (1,075)
Provision (benefit) for income taxes | 131 | 95 | 430 | (1,093)
Net income (loss) | 7,264 | 3,204 | 11,851 | 18
Preferred Stock Dividends, Income Statement Impact | 1,219 | 0 | 1,219 | 0
Excess of fair value over book value of preferred shares redeemed | 0 | 0 | 2,190 | 0
Net income to common shareholders | $ 6,045 | $ 3,204 | $ 8,442 | $ 18
Earnings (loss) per common share: |  |  |  |
Basic | $ 0.25 | $ 0.17 | $ 0.36 | $ 0.00
Diluted | $ 0.25 | $ 0.17 | $ 0.36 | $ 0.00
Weighted Average Number of Shares Outstanding [Abstract] |  |  |  |
Basic | 24,271 | 18,833 | 23,278 | 18,803
Diluted | 24,646 | 19,031 | 23,671 | 18,998

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