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Accrued Expenses and Other Liabilities (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2014
Dec. 31, 2013
Accrued Expenses and Other Liabilities [Abstract]    
Schedule of Accrued Expenses and Other Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30,

 

December 31,

 

 

2014

 

2013

Customer and escrow deposits

 

$

4,622 

 

$

3,327 

Warranty reserve

 

 

2,114 

 

 

1,150 

Accrued compensation costs

 

 

6,400 

 

 

5,511 

Land development and home construction accruals

 

 

25,256 

 

 

12,286 

Accrued interest

 

 

5,653 

 

 

Income tax payable

 

 

 —

 

 

4,731 

Billings in excess of collections

 

 

85 

 

 

1,199 

Earnout liability

 

 

2,768 

 

 

 —

Other

 

 

3,776 

 

 

2,145 

Total 

 

$

50,674 

 

$

30,358 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31,

 

 

2013

 

2012

Customer and escrow deposits

 

$

2,857 

 

$

1,302 

Warranty reserve

 

 

1,150 

 

 

679 

Accrued compensation costs

 

 

5,511 

 

 

1,437 

Land development and home construction accruals

 

 

21,142 

 

 

10,954 

Construction defect reserves

 

 

 —

 

 

3,590 

Income tax payable

 

 

4,730 

 

 

 —

Billings in excess of collections

 

 

1,199 

 

 

 —

Other

 

 

1,494 

 

 

1,146 

Total accrued expenses and other liabilities

 

$

38,083 

 

$

19,108