Consolidated Statements Of Cash Flows (USD $) In Thousands	9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
Operating Activities
Net loss	$ (79,569)	$ (34,796)
Adjustments to reconcile net loss to net cash used in operating activities
Loss on extinguishment of senior notes	18,559
Asset impairments	14,090	3,718
Stock-based compensation expense	12,092	12,421
Amortization of deferred marketing costs	7,385	7,922
Write-offs of land option deposits and pre-acquisition costs	5,201	1,794
Depreciation and amortization of long-lived assets	4,713	3,884
Other non-cash expenses	619	1,680
Net changes in assets and liabilities:
Restricted cash	(262)	(28)
Home sales and other receivables	(1,452)	(9,356)
Income taxes receivable	17,566	144,502
Mortgage loans held-for-sale	22,813	14,154
Housing completed or under construction	53,737	(158,304)
Land and land under development	(104,201)	(103,029)
Prepaid expenses and other assets	(11,419)	(21,850)
Accounts payable	(7,723)	14,683
Accrued liabilities and related party liabilities	(32,892)	(14,986)
Net cash used in operating activities	(80,743)	(137,591)
Investing Activities
Purchase of marketable securities	(431,011)	(796,334)
Maturity of marketable securities	553,071	129,519
Sales of marketable securities	290,819	77,340
Purchase of property and equipment and other	(31,717)	(7,651)
Net cash provided by (used in) investing activities	381,162	(597,126)
Financing Activities
Extinguishment of senior notes	(254,903)
Payments on mortgage repurchase facility	(56,454)	(131,142)
Advances on mortgage repurchase facility	41,728	113,182
Dividend payments	(35,560)	(35,355)
Proceeds from issuance of senior notes		242,288
Proceeds from exercise of stock options	46	53
Net cash (used in) provided by financing activities	(305,143)	189,026
Net decrease in cash and cash equivalents	(4,724)	(545,691)
Cash and cash equivalents
Beginning of period	572,225	1,234,252
End of period	$ 567,501	$ 688,561