Note 7 - Inventories (Tables)

6 Months Ended

Jun. 30, 2017

Notes Tables

Schedule of Inventory [Table Text Block]

	June 30,		December 31,
	2017		2016
	(Dollars in thousands)
Housing Completed or Under Construction:
West	$	464,759	$	470,503
Mountain		308,177		277,922
East		136,975		125,774
Subtotal		909,911		874,199
Land and Land Under Development:
West		475,237		499,186
Mountain		292,074		271,252
East		79,514		114,177
Subtotal		846,825		884,615
Total Inventories	$	1,756,736	$	1,758,814

Schedule of Inventory Impairments [Table Text Block]

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2017		2016		2017		2016
	(Dollars in thousands)
West	$	-	$	1,400	$	4,100	$	1,400
Mountain		-		-		-		-
East		-		200		750		200
Total Inventory Impairments	$	-	$	1,600	$	4,850	$	1,600

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, 2017		33	$	4,850	$	19,952		2		12%	to	18%
June 30, 2017		35	$	-	$	-		-			N/A
March 31, 2016		14	$	-	$	-		-			N/A
June 30, 2016		17	$	1,600	$	6,415		2		12%	to	15%