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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Assets    
Cash and cash equivalents $ 37,537 $ 19,824
Marketable securities 39,837  
Real estate inventories 301,831 194,083
Contracts and accounts receivable 1,448 548
Other assets 2,306 3,061
Total Assets 382,959 217,516
Liabilities and Equity    
Accounts payable and accrued liabilities 12,834 10,995
Notes payable 62,557 57,368
Total Liabilities 75,391 68,363
Commitments and contingencies (Note 7)      
Equity:    
Members equity    149,153
Stockholders' equity:    
Preferred stock, $0.01 par value, 50,000,000 shares authorized, no shares outstanding as of June 30, 2013      
Common stock, $0.01 par value, 500,000,000 shares authorized, 31,597,907 shares issued and outstanding as of June 30, 2013 316   
Additional paid-in capital 309,351  
Accumulated deficit (1,917)  
Accumulated other comprehensive loss (182)  
Total Stockholders' equity 307,568  
Total Equity 307,568 149,153
Total Liabilities and Equity $ 382,959 $ 217,516