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Note 8 - Capitalization of Interest (Tables)
9 Months Ended
Sep. 30, 2014
Capitalization Disclosure [Abstract]  
Capitalization Of Interest [Table Text Block]
   

Three Months Ended

   

Nine Months Ended

 
   

September 30,

   

September 30,

 
   

2014

   

2013

   

2014

   

2013

 
   

(Dollars in thousands)

 

Homebuilding interest incurred

  $ 16,499     $ 15,852     $ 52,211     $ 45,536  

Less: Interest capitalized

    (16,499 )     (15,852 )     (51,526 )     (43,810 )

Homebuilding interest expensed

  $ -     $ -     $ 685     $ 1,726  
                                 

Interest capitalized, beginning of period

  $ 80,936     $ 74,547     $ 74,155     $ 69,143  

Plus: Interest capitalized during period

    16,499       15,852       51,526       43,810  

Less: Previously capitalized interest included in home cost of sales

    (14,966 )     (15,567 )     (43,212 )     (38,121 )

Interest capitalized, end of period

  $ 82,469     $ 74,832     $ 82,469     $ 74,832