v3.8.0.1

Lease Commitments

12 Months Ended

Dec. 31, 2017

Lease Commitments

Lease Commitments

Note 7 - Lease Commitments

We lease the majority of our administration and sales offices under operating leases that expire at varying times through 2025. Rental expense was $1.1 million, $1.2 million and $0.9 million in 2017, 2016 and 2015, respectively. The following table reflects lease commitments as of December 31, 2017 (in thousands):

		Payments Due By Period
		2018			2019			2020			2021			2022			Thereafter			Total
Noncancelable operating leases		$	1,456		$	1,483		$	1,195		$	889		$	689		$	1,459		$	7,171
Capital lease obligations			151			44			—			—			—			—			195
Leased model homes			156			—			—			—			—			—			156
Total		$	1,763		$	1,527		$	1,195		$	889		$	689		$	1,459		$	7,522

X

- Definition

The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 440
-URI http://asc.fasb.org/topic&trid=2144648

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X

- References

No definition available.

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