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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
ASSETS    
Cash and cash equivalents $ 215,680 $ 160,095
Inventories:    
Deferred tax asset, net of valuation allowance of $238,795 and $248,306 at March 31, 2013 and December 31, 2012, respectively      
Total assets 2,142,334 1,945,441
LIABILITIES AND EQUITY    
Accounts payable and accrued liabilities 54,540 51,864
Accrued liabilities 115,139 118,456
Mortgage repurchase facility 41,500  
Senior notes, net 995,032 744,842
Total Liabilities 1,227,891 1,064,544
Stockholders' Equity    
Preferred stock, $0.01 par value; 25,000,000 shares authorized; none issued or outstanding      
Common stock, $0.01 par value; 250,000,000 shares authorized; 48,869,726 issued and outstanding at March 31, 2013 and 48,698,757 issued and outstanding, respectively, at December 31, 2012 489 487
Additional paid-in-capital 905,354 896,861
Retained earnings 1,227 (21,289)
Accumulated other comprehensive income (loss) 7,373 4,838
Total Stockholders' Equity 914,443 880,897
Total Liabilities and Stockholders' Equity 2,142,334 1,945,441
Homebuilding [Member]
   
ASSETS    
Cash and cash equivalents 183,236 129,535
Marketable securities 626,707 519,465
Restricted cash 2,526 1,859
Trade and other receivables 31,885 28,163
Inventories:    
Housing completed or under construction 521,661 512,949
Land and land under development 534,438 489,572
Total inventories 1,056,099 1,002,521
Property and equipment, net 33,056 33,125
Deferred tax asset, net of valuation allowance of $238,795 and $248,306 at March 31, 2013 and December 31, 2012, respectively      
Other assets 52,274 44,777
Total assets 1,985,783 1,759,445
LIABILITIES AND EQUITY    
Accounts payable 21,712 73,055
Accrued liabilities 115,139 118,456
Senior notes, net 995,032 744,842
Total Liabilities 1,131,883 936,353
Financial Services [Member]
   
ASSETS    
Cash and cash equivalents 32,444 30,560
Marketable securities 33,292 32,473
Mortgage loans held-for-sale, net 86,429 119,953
Inventories:    
Other assets 4,386 3,010
Total assets 156,551 185,996
LIABILITIES AND EQUITY    
Accounts payable and accrued liabilities 54,540 51,864
Mortgage repurchase facility 41,468 76,327
Total Liabilities $ 96,008 $ 128,191