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Note 6 - Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2014
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring Basis [Table Text Block]
       

Fair Value

 

Financial Instrument

 

Hierarchy

 

December 31, 2014

   

December 31, 2013

 
       

(Dollars in thousands)

 

Marketable securities (available-for-sale)

                   

Equity securities

 

Level 1

  $ 129,560     $ 389,323  

Debt securities - maturity less than 1 year

 

Level 2

    1,511       72,577  

Debt securities - maturity 1 to 5 years

 

Level 2

    7,643       106,566  

Debt securities - maturity greater than 5 years

 

Level 2

    17,426       19,601  

Total available-for-sale securities

  $ 156,140     $ 588,067  
                     

Mortgage loans held-for-sale, net

 

Level 2

  $ 88,392     $ 92,578  
                     

Metropolitan district bond securities (related party) (available-for-sale)

 

Level 3

  $ 18,203     $ 12,729  
Available-for-sale Securities [Table Text Block]
   

December 31, 2014

   

December 31, 2013

 
   

Amortized
Cost

   

Fair Value

   

Amortized
Cost

   

Fair Value

 
   

(Dollars in thousands)

 
Homebuilding:      

Equity securities

  $ 116,009     $ 120,274     $ 375,142     $ 385,303  

Debt securities

    20,660       20,604       181,635       183,718  

Total homebuilding available-for-sale marketable securities

  $ 136,669     $ 140,878     $ 556,777     $ 569,021  
                                 

Financial Services:

                               

Equity securities

  $ 9,028     $ 9,286     $ 4,000     $ 4,020  

Debt securities

    5,930       5,976       14,721       15,026  

Total financial services available-for-sale marketable securities

  $ 14,958     $ 15,262     $ 18,721     $ 19,046  
                                 

Total available-for-sale marketable securities

  $ 151,627     $ 156,140     $ 575,498     $ 588,067  
Schedule of Unrealized Loss on Investments [Table Text Block]
   

December 31, 2014

   

December 31, 2013

 
   

Number of Securities in Loss Position

   

Aggregate Loss Position

   

Aggregate Fair Value of Securities in a Loss Position

   

Number of Securities in Loss Position

   

Aggregate Loss Position

   

Aggregate Fair Value of Securities in a Loss Position

 
   

(Dollars in thousands)

 
Type of Investment      

Debt

    52     $ (359 )   $ 14,536       72     $ (430 )   $ 46,440  

Equity

    6       (2,738 )     74,999       7       (713 )     14,174  

Total

    58     $ (3,097 )   $ 89,535       79     $ (1,143 )   $ 60,614  
Realized Gain (Loss) on Investments [Table Text Block]
   

Year Ended December 31,

 
   

2014

   

2013

   

2012

 
   

(Dollars in thousands)

 

Gross realized gains on sales of available-for-sale securities

                       

Equity securities

  $ 7,719     $ 1,251     $ -  

Debt securities

    2,432       83       608  

Total

  $ 10,151     $ 1,334     $ 608  
                         

Gross realized losses on sales of available-for-sale securities

                       

Equity securities

  $ (6,183 )   $ -     $ -  

Debt securities

    (952 )     (3,794 )     (1,287 )

Total

  $ (7,135 )   $ (3,794 )   $ (1,287 )
                         

Net realized gain (loss) on sales of available-for-sale securities

  $ 3,016     $ (2,460 )   $ (679 )
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]
   

Quantitative Data

 

Sensitivity Analysis

Unobservable Input

 

Range

   

Weighted Average

 

Movement in
Fair Value from
Increase in Input

  Movement in
Fair Value from
Decrease in Input

Number of homes closed per year

    0 to 123       93  

Increase

  Decrease

Discount rate

    5.2% to 14%     10.2%

Decrease

  Increase
Schedule Of Principal Amounts And Fair Values Of Debt Instruments [Table Text Block]
   

Year Ended December 31,

 
   

2014

   

2013

 
   

(Dollars in thousands)

 

Balance at beginning of period

  $ 12,729     $ 5,818  

Increase in fair value (recorded in other comprehensive income)

    6,114       6,373  

Change due to accretion of principal

    1,405       1,192  

Cash receipts

    (2,045 )     (654 )

Balance at end of period

  $ 18,203     $ 12,729  
Fair Value of Senior Notes [Table Text Block]
   

December 31, 2014

   

December 31, 2013

 
   

Carrying
Amount

   

Fair Value

   

Carrying
Amount

   

Fair Value

 
   

(Dollars in thousands)

 

5⅜% Senior Notes due December 2014, net

  $ -     $ -     $ 249,814     $ 258,750  

5⅜% Senior Notes due July 2015, net

    -       -       249,935       262,562  

5⅝% Senior Notes due February 2020, net

    246,450       257,950       245,871       259,688  

5½% Senior Notes due January 2024

    250,000       242,608       -       -  

6% Senior Notes due January 2043

    350,000       296,555       350,000       305,083  

Total

  $ 846,450     $ 797,113     $ 1,095,620     $ 1,086,083  
Schedule Of Carrying Value Impaired Of Inventory [Table Text Block]
   

Carrying Value of

 
   

Impaired Inventory at

 
   

December 31, 2014

   

December 31, 2013

 
   

(Dollars in thousands)

 

West

  $ -     $ -  

Mountain

    4,378       -  

East

    2,331       4,187  

Total

  $ 6,709     $ 4,187