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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 | 9 Months Ended
--- | --- | ---
Sep. 30, 2014 | Sep. 30, 2013 | Sep. 30, 2014 | Sep. 30, 2013
Statement of Operations [Abstract] |  |  |  |
Revenue | $ 330,767 | $ 275,195 | $ 847,216 | $ 700,475
Costs and Expenses [Abstract] |  |  |  |
Land and housing | 261,636 | 218,150 | 666,817 | 556,799
Impairment of inventory and investment in unconsolidated joint ventures | 622 | 2,136 | 1,426 | 4,237
General and administrative | 21,724 | 18,261 | 61,320 | 52,389
Selling | 21,955 | 17,999 | 58,175 | 47,383
Interest | 2,649 | 3,449 | 9,549 | 12,186
Equity in loss (income) of unconsolidated joint ventures | (22) | (278) | (62) | (278)
Loss on early extinguishment of debt | 0 | 1,726 | 0 | 1,726
Total costs and expenses | 308,564 | 261,443 | 797,225 | 674,442
Income (loss) before income taxes | 22,203 | 13,752 | 49,991 | 26,033
(Benefit) provision for income taxes | 8,586 | (111,559) | 10,188 | (111,129)
Net income (loss) | 13,617 | 125,311 | 39,803 | 137,162
Preferred Dividends | 1,218 | 1,219 | 3,656 | 2,438
Excess of fair value over book value of preferred shares redeemed | 0 | 0 | 0 | 2,190
Net income to common shareholders | $ 12,399 | $ 124,092 | $ 36,147 | $ 132,534
Earnings (loss) per common share: |  |  |  |
Basic | $ 0.51 | $ 5.09 | $ 1.48 | $ 5.61
Diluted | $ 0.44 | $ 4.22 | $ 1.30 | $ 4.79
Weighted Average Number of Shares Outstanding [Abstract] |  |  |  |
Basic | 24,474 | 24,358 | 24,454 | 23,642
Diluted | 29,921 | 29,745 | 29,900 | 28,410

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