Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2013

Segment Reporting [Abstract]

Reconciliation of Revenue from Segments to Consolidated

The following table summarizes home and land sale revenues for our homebuilding operations and revenues for our financial services operations.

	Three Months Ended June 30,				Six Months Ended June 30,
	2013		2012		2013		2012
	(Dollars in thousands)
Homebuilding
West	$	164,514	$	117,424	$	299,493	$	186,965
Mountain		133,768		79,699		267,145		140,290
East		103,852		61,224		167,244		117,360
Total home and land sale revenues	$	402,134	$	258,347	$	733,882	$	444,615
Financial Services
Mortgage operations	$	10,494	$	8,433	$	19,538	$	13,889
Other		3,390		2,154		6,852		4,417
Total financial services revenues	$	13,884	$	10,587	$	26,390	$	18,306

Reconciliation of Pretax Operating Income from Segments to Consolidated

The following table summarizes pretax income for our homebuilding and financial services operations.

	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
	(Dollars in thousands)
Homebuilding
West	$	16,779		$	2,678		$	27,390		$	2,844
Mountain		14,142			4,636			27,138			6,795
East		4,523			136			6,051			2,236
Corporate		(5,655	)		(4,473	)		(15,943	)		(11,635	)
Total homebuilding pretax income	$	29,789		$	2,977		$	44,636		$	240
Financial Services
Mortgage operations	$	6,855		$	5,749		$	12,854		$	9,088
Other		1,368			929			3,108			2,452
Total financial services pretax income	$	8,223		$	6,678		$	15,962		$	11,540
Total pretax income	$	38,012		$	9,655		$	60,598		$	11,780

Total Assets

The following table summarizes total assets for our homebuilding and financial services operations. The assets in our West, Mountain and East segments consist primarily of inventory while the assets in our Corporate segment primarily include cash and cash equivalents and marketable securities.

	June 30, 2013		December 31, 2012
	(Dollars in thousands)
Homebuilding assets
West	$	610,824	$	459,807
Mountain		359,538		332,939
East		307,005		274,199
Corporate		1,056,283		692,500
Total homebuilding assets	$	2,333,650	$	1,759,445
Financial services assets
Mortgage operations	$	98,589	$	122,941
Other		64,303		63,055
Total financial services assets	$	162,892	$	185,996
Total assets	$	2,496,542	$	1,945,441