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Accrued Expenses and Other Liabilities (Tables)
3 Months Ended
Mar. 31, 2016
Payables and Accruals [Abstract]  
Summary of Accrued Expenses and Other Liabilities
Accrued expenses and other liabilities consist of the following (in thousands):

 
 
As of
March 31, 2016
 
As of
December 31, 2015
Real estate development costs to complete
 
$
16,296

 
$
21,325

Compensation and employee benefits
 
32,524

 
47,674

Self-insurance and warranty reserves
 
43,195

 
43,098

Interest payable
 
25,428

 
18,621

Property and sales taxes payable
 
8,857

 
15,233

Other accruals
 
52,298

 
45,501

Total accrued expenses and other liabilities
 
$
178,598

 
$
191,452

Summary of Changes in Reserves
Self-Insurance and Warranty Reserves – We accrue for the expected costs associated with the limited one year warranty, deductibles and self-insured amounts under our various insurance policies within Beneva Indemity Company ("Beneva") a wholly owned subsidiary. A summary of the changes in our reserves are as follows (in thousands):
 
 
Three Months Ended
March 31,
 
 
2016
 
2015
Reserve - beginning of period
 
$
43,098

 
$
44,595

Additions to reserves
 
5,768

 
2,700

Costs and claims incurred
 
(6,585
)
 
(5,934
)
Change in estimates to pre-existing reserves
 
914

 
1,595

Reserve - end of period
 
$
43,195

 
$
42,956