| Reportable Segment Information |
The following table summarizes our information for reportable segments for the three months ended March 31, 2018 and 2017 (in thousands):
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Three Months Ended
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March 31,
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2018
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2017
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Operating income:
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Florida
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Revenues:
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Homebuilding
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$
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58,103
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$
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70,487
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Amenity and other
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4,818
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4,637
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Land sales
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2,045
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1,469
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Total revenues
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64,966
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76,593
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Expenses:
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Homebuilding cost of revenue
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45,077
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55,994
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Homebuilding selling, general and administrative
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9,102
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9,298
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Amenity and other
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5,222
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4,307
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Land sales
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231
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196
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Segment operating income
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$
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5,334
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$
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6,798
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Carolinas
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Revenues:
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Homebuilding
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$
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53,904
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$
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46,845
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Land sales
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—
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782
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Total revenues
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53,904
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47,627
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Expenses:
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Homebuilding cost of revenue
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48,163
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40,133
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Homebuilding selling, general and administrative
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6,957
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5,023
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Land sales
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—
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786
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Segment operating income (loss)
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$
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(1,216)
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$
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1,685
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Arizona
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Revenues:
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Homebuilding
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$
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25,246
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$
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31,328
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Total revenue
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25,246
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31,328
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Expenses:
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Homebuilding cost of revenue
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21,134
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26,738
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Homebuilding selling, general and administrative
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3,125
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3,371
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Amenity and other
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22
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23
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Segment operating income
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$
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965
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$
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1,196
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Texas
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Revenues:
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Homebuilding
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$
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7,892
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$
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—
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Total revenue
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7,892
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—
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Expenses:
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Homebuilding cost of revenue
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6,603
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—
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Homebuilding selling, general and administrative
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1,587
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—
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Segment operating loss
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$
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(298)
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$
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—
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Operating income
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$
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4,785
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$
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9,679
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Unallocated income (expenses):
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Interest income and other
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269
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5
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Corporate general and administrative expenses
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(4,744)
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(4,679)
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Interest expense
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(3,391)
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(837)
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Income (loss) before income taxes
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(3,081)
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4,168
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Income tax expense (benefit)
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(738)
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1,729
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Net income (loss)
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$
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(2,343)
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$
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2,439
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