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Segment Information | 6 Months Ended
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Mar. 31, 2012
Segment Reporting [Abstract] |
Segment Information | Segment Information We have three homebuilding segments operating in 16 states and beginning in the second quarter of fiscal 2011, we introduced our Pre-Owned Homes division which operates in Arizona and Nevada. Revenues in our homebuilding segments are derived from the sale of homes which we construct and from land and lot sales. Revenues from our Pre-Owned segment are derived from the rental and ultimate sale of previously owned homes purchased and improved by the Company. Our reportable segments have been determined on a basis that is used internally by management for evaluating segment performance and resource allocations. During the third quarter of fiscal 2011, in order to further optimize capital and resource allocations and based on our evaluation of both external market factors and our position in each market, we decided to discontinue our homebuilding operations in Northwest Florida. As a result, the information below for continuing operations and the Southeast segment, excludes results from our Northwest Florida market. The reportable homebuilding segments and all other homebuilding operations, not required to be reported separately, include operations conducting business in the following states: West: Arizona, California, Nevada and Texas East: Delaware, Indiana, Maryland, New Jersey, New York, Pennsylvania, Tennessee (Nashville) and Virginia Southeast: Florida, Georgia, North Carolina (Raleigh) and South Carolina Management’s evaluation of segment performance is based on segment operating income. Operating income for our homebuilding segments is defined as homebuilding, land sale and other revenues less home construction, land development and land sales expense, commission expense, depreciation and amortization and certain general and administrative expenses which are incurred by or allocated to our homebuilding segments. Operating income for our Pre-Owned segment is defined as rental and home sale revenues less home repairs and operating expenses, home sales expense, depreciation and amortization and certain general and administrative expenses which are incurred by or allocated to the segment. The accounting policies of our segments are those described in Note 1 above and Note 1 to our consolidated financial statements in our 2011 Annual Report. The following information is in thousands:
| Three Months Ended |  | Six Months Ended
| March 31, |  | March 31,
| 2012 |  | 2011 |  | 2012 |  | 2011
Revenue |  |  |  |  |  |  |
West | $ | 77,857 |  |  | $ | 36,791 |  |  | $ | 148,634 |  |  | $ | 76,339 |
East | 75,192 |  |  | 58,418 |  |  | 157,010 |  |  | 108,632 |
Southeast | 38,070 |  |  | 30,507 |  |  | 73,638 |  |  | 49,697 |
Pre-Owned | 524 |  |  | — |  |  | 909 |  |  | — |
Continuing Operations | $ | 191,643 |  |  | $ | 125,716 |  |  | $ | 380,191 |  |  | $ | 234,668 |
| Three Months Ended |  | Six Months Ended
| March 31, |  | March 31,
| 2012 |  | 2011 |  | 2012 |  | 2011
Operating income/(loss) |  |  |  |  |  |  |
West | $ | 3,377 |  |  | $ | (22,853 | ) |  | $ | 2,786 |  |  | $ | (26,025 | )
East | (659 | ) |  | (503 | ) |  | 147 |  |  | (443 | )
Southeast | 1,180 |  |  | 294 |  |  | 1,965 |  |  | (813 | )
Pre-Owned | (62 | ) |  | (243 | ) |  | (200 | ) |  | (243 | )
Segment total | 3,836 |  |  | (23,305 | ) |  | 4,698 |  |  | (27,524 | )
Corporate and unallocated (a) | (21,530 | ) |  | (21,402 | ) |  | (39,091 | ) |  | (45,319 | )
Total operating loss | (17,694 | ) |  | (44,707 | ) |  | (34,393 | ) |  | (72,843 | )
Equity in income (loss) of unconsolidated joint ventures | 4 |  |  | 71 |  |  | (73 | ) |  | 309 |
Loss on extinguishment of debt | (2,747 | ) |  | (102 | ) |  | (2,747 | ) |  | (3,004 | )
Other expense, net (d) | (18,265 | ) |  | (11,466 | ) |  | (36,538 | ) |  | (29,531 | )
Loss from continuing operations before income taxes | $ | (38,702 | ) |  | $ | (56,204 | ) |  | $ | (73,751 | ) |  | $ | (105,069 | )
| Three Months Ended |  | Six Months Ended
| March 31, |  | March 31,
| 2012 |  | 2011 |  | 2012 |  | 2011
Depreciation and amortization |  |  |  |  |  |  |
West | $ | 1,090 |  |  | $ | 570 |  |  | $ | 1,870 |  |  | $ | 1,122 |
East | 805 |  |  | 470 |  |  | 1,310 |  |  | 973 |
Southeast | 374 |  |  | 132 |  |  | 713 |  |  | 251 |
Pre-Owned | 154 |  |  | 1 |  |  | 273 |  |  | 1 |
Segment total | 2,423 |  |  | 1,173 |  |  | 4,166 |  |  | 2,347 |
Corporate and unallocated (a) | 767 |  |  | 889 |  |  | 1,427 |  |  | 1,620 |
Continuing Operations | $ | 3,190 |  |  | $ | 2,062 |  |  | $ | 5,593 |  |  | $ | 3,967 |
| Six Months Ended
| March 31,
| 2012 |  | 2011
Capital Expenditures |  |  |
West | $ | 1,415 |  |  | $ | 1,830 |
East | 1,883 |  |  | 1,242 |
Southeast | 1,078 |  |  | 825 |
Pre-Owned (b) | 7,906 |  |  | — |
Corporate and unallocated | 206 |  |  | 1,104 |
Consolidated total | $ | 12,488 |  |  | $ | 5,001 |
| March 31, 2012 |  | September 30, 2011
Assets |  |  |
West | $ | 640,769 |  |  | $ | 649,057 |
East | 361,404 |  |  | 372,984 |
Southeast | 176,373 |  |  | 162,135 |
Pre-Owned (b) | 20,451 |  |  | 12,315 |
Corporate and unallocated (c) | 658,947 |  |  | 780,986 |
Consolidated total | $ | 1,857,944 |  |  | $ | 1,977,477 |
(a) | Corporate and unallocated includes amortization of capitalized interest and numerous shared services functions that benefit all segments, the costs of which are not allocated to the operating segments reported above including information technology, national sourcing and purchasing, treasury, corporate finance, legal, branding and other national marketing costs. For the six months ended March 31, 2012, corporate and unallocated also includes an $11 million recovery related to old water intrusion warranty and related legal expenditures.
(b) | Pre-owned assets include the cost of previously owned homes, net of accumulated depreciation, totaling $19.0 million (190 homes) and $11.3 million (120 homes) as of March 31, 2012 and September 30, 2011, respectively. Capital expenditures represent the purchase of previously owned homes during the quarter.
(c) | Primarily consists of cash and cash equivalents, consolidated inventory not owned, deferred taxes, capitalized interest and other corporate items that are not allocated to the segments.
(d) | The three and six months ended March 31, 2011, includes a $6.8 million benefit related to the cash reimbursement from our former CEO in connection with his consent agreement with the Securities and Exchange Commission.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -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 11: 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 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 + Details
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