Note 7 - Inventories (Tables)

6 Months Ended

Jun. 30, 2016

Notes Tables

Schedule of Inventory [Table Text Block]

	June 30,		December 31,
	2016		2015
	(Dollars in thousands)
Housing Completed or Under Construction:
West	$	498,341	$	365,867
Mountain		295,775		253,578
East		139,806		127,591
Subtotal		933,922		747,036
Land and Land Under Development:
West		511,643		580,682
Mountain		232,414		259,484
East		149,039		176,760
Subtotal		893,096		1,016,926
Total Inventories	$	1,827,018	$	1,763,962

Schedule of Inventory Impairments [Table Text Block]

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2016		2015		2016		2015
	(Dollars in thousands)
West	$	1,400	$	-	$	1,400	$	-
Mountain		-		-		-		-
East		200		-		200		350
Total Inventory Impairments	$	1,600	$	-	$	1,600	$	350

Quantitative Data for Fair Value of the Impaired Inventory [Table Text Block]

	Impairment Data								Quantitative Data
Three Months Ended	Total Subdivisions Tested		Inventory Impairments		Fair Value of Inventory After Impairments		Number of Subdivisions Impaired		Discount Rate
	(Dollars in thousands)
March 31, 2016		14	$	-	$	-		-		N/A
June 30, 2016		17	$	1,600	$	6,415		2	12%	to	15%
March 31, 2015		22	$	350	$	3,701		1		8.7%
June 30, 2015		22	$	-	$	-		-		N/A