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Other Comprehensive Income (Tables)
3 Months Ended
Mar. 31, 2013
Text Block [Abstract]  
Changes in Accumulated Other Comprehensive Income

The following table sets forth our changes in accumulated other comprehensive income:

 

    Three Months Ended
March 31,
 
    2013     2012  
    (Dollars in thousands)  

Unrealized gains (losses) on available-for-sale securities:

   

Beginning balance

  $ 4,838      $ (7,240

Other comprehensive income before reclassifications

    2,221        6,419   

Amounts reclassified from accumulated other comprehensive income (see table below)

    314        129   
 

 

 

   

 

 

 

Ending balance

  $ 7,373      $ (692
 

 

 

   

 

 

 
Activity Related to Reclassifications Out of Other Comprehensive Income

The following table sets forth the activity related to reclassifications out of other comprehensive income:

 

Gains (losses) on available for sale securities reclassified out of other comprehensive income  

Affected Line Item in the Statements of Operations

   Three Months Ended
March 31,
 
   2013     2012  
     (Dollars in thousands)  

Homebuilding interest income

   $ (295   $ (216

Financial services interest and other income

     (19     87   
  

 

 

   

 

 

 

Income (loss) before income taxes

   $ (314   $ (129