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Consolidated Statements of Operations and Comprehensive Income (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Interest expense $ (808) $ (20,842) $ (38,157)
Income (loss) before income taxes 61,115 (107,472) (70,601)
Benefit from income taxes 1,584 9,082 5,831
Net income (loss) 62,699 (98,390) (64,770)
Other comprehensive income (loss):      
Unrealized gain (loss) related to available-for-sale securities 12,078 (12,124) 4,884
Comprehensive income (loss) 74,777 (110,514) (59,886)
Earnings (loss) per share:      
Basic $ 1.29 $ (2.12) $ (1.40)
Diluted $ 1.28 $ (2.12) $ (1.40)
Weighted Average Common Shares Outstanding:      
Basic 47,660,629 46,796,334 46,627,815
Diluted 48,064,839 46,796,334 46,627,815
Dividends declared per share $ 2.00 $ 1.00 $ 1.00
Homebuilding [Member]
     
Home sale revenues 1,150,998 805,164 921,022
Land sale revenues 5,144 11,859 5,883
Revenues 1,156,142 817,023 926,905
Home cost of sales (973,120) (686,661) (745,085)
Land cost of sales (4,823) (10,796) (5,366)
Inventory impairments (1,105) (12,965) (21,195)
Total cost of sales (979,048) (710,422) (771,646)
Gross margin 177,094 106,601 155,259
Selling, general and administrative expenses (167,295) (179,105) (219,685)
Interest income 23,398 26,068 23,960
Interest expense (808) (20,842) (38,157)
Other income (expense) 228 (43,350) (2,273)
Income (loss) before income taxes 32,617 (110,628) (80,896)
Financial Services [Member]
     
Revenues 46,881 26,086 30,473
Expenses (21,645) (26,306) (23,351)
Interest and other income 3,262 3,376 3,173
Income (loss) before income taxes $ 28,498 $ 3,156 $ 10,295