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v3.5.0.2

Condensed Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2016 | Jun. 30, 2015 | Jun. 30, 2016 | Jun. 30, 2015
Revenue | $ 401,247 | $ 322,856 | $ 725,617 | $ 586,015
Costs and Expenses [Abstract] |  |  |  |
Land and housing | 319,708 | 252,595 | 579,880 | 458,778
General and administrative | 26,830 | 21,705 | 49,089 | 41,039
Selling | 25,533 | 22,935 | 47,799 | 40,621
Equity in income of unconsolidated joint ventures | (82) | (14) | (389) | (212)
Interest | 4,308 | 3,750 | 9,573 | 8,212
Total costs and expenses | 376,297 | 300,971 | 685,952 | 548,438
Income before income taxes | 24,950 | 21,885 | 39,665 | 37,577
Provision for income taxes | 9,034 | 8,535 | 14,560 | 14,659
Net income | 15,916 | 13,350 | 25,105 | 22,918
Preferred Dividends | 1,219 | 1,219 | 2,438 | 2,438
Net income to common shareholders | $ 14,697 | $ 12,131 | $ 22,667 | $ 20,480
Earnings per common share: |  |  |  |
Basic | $ 0.60 | $ 0.49 | $ 0.92 | $ 0.84
Diluted | $ 0.52 | $ 0.43 | $ 0.81 | $ 0.74
Weighted Average Number of Shares Outstanding [Abstract] |  |  |  |
Basic | 24,669 | 24,531 | 24,663 | 24,523
Diluted | 30,077 | 30,023 | 30,055 | 30,002

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