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Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Assets    
Cash and cash equivalents $ 26,120 $ 35,261
Real estate inventories 542,037 455,642
Contracts and accounts receivable 3,965 1,697
Deferred tax assets 4,611 4,611
Other assets 24,454 8,824
Total Assets 601,187 506,035
Liabilities and Stockholders' Equity    
Accounts payable 20,640 23,397
Accrued liabilities 19,466 22,220
Notes payable 227,128 138,112
Total Liabilities 267,234 183,729
Stockholders' Equity:    
Preferred stock, $0.01 par value, 50,000,000 shares authorized; no shares outstanding as of June 30, 2014 and December 31, 2013, respectively 0 0
Common stock, $0.01 par value, 500,000,000 shares authorized; 31,632,533 and 31,597,907 shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively 316 316
Additional paid-in capital 312,103 310,878
Retained earnings 21,534 11,112
Total Stockholders' Equity 333,953 322,306
Total Liabilities and Stockholders' Equity $ 601,187 $ 506,035