Note 5 - Accumulated Other Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2016

Notes Tables

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2016			2015			2016		2015
	(Dollars in thousands)
Unrealized gains (losses) on available-for-sale marketable securities 1 :
Beginning balance	$	5,016		$	3,142		$	3,657	$	2,775
Other comprehensive income (loss) before reclassifications		880			(1,260	)		1,404		(900	)
Amounts reclassified from AOCI 2		(552	)		(293	)		283		(286	)
Ending balance	$	5,344		$	1,589		$	5,344	$	1,589
Unrealized gains on available-for-sale metropolitan district bond securities 1 :
Beginning balance	$	12,647		$	8,621		$	12,058	$	7,680
Other comprehensive income before reclassifications		567			1,193			1,156		2,134
Amounts reclassified from AOCI		-			-			-		-
Ending balance	$	13,214		$	9,814		$	13,214	$	9,814
Total ending AOCI	$	18,558		$	11,403		$	18,558	$	11,403

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

	Three Months Ended						Six Months Ended
	June 30,						June 30,
Affected Line Item in the Statements of Operations	2016			2015			2016			2015
	(Dollars in thousands)
Homebuilding interest and other income	$	1,177		$	137		$	262		$	125
Other-than-temporary impairment of marketable securities		(288	)		-			(719	)		-
Financial services interest and other income		-			336			-			337
Income before income taxes		889			473			(457	)		462
Provision for income taxes		(337	)		(180	)		174			(176	)
Net income	$	552		$	293		$	(283	)	$	286