Note 5 - Accumulated Other Comprehensive Income (Tables)

9 Months Ended

Sep. 30, 2017

Notes Tables

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

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2017			2016			2017			2016
	(Dollars in thousands)
Unrealized gains on available-for-sale marketable securities 1 :
Beginning balance	$	11,176		$	5,344		$	7,730		$	3,657
Other comprehensive income before reclassifications		1,778			1,156			6,201			2,559
Amounts reclassified from AOCI 2		(10,128	)		(201	)		(11,105	)		83
Ending balance	$	2,826		$	6,299		$	2,826		$	6,299
Unrealized gains on available-for-sale metropolitan district bond securities 1 :
Beginning balance	$	14,825		$	13,214		$	14,341		$	12,058
Other comprehensive income before reclassifications		7,400			73			7,884			1,229
Amounts reclassified from AOCI		(22,225	)		-			(22,225	)		-
Ending balance	$	-		$	13,287		$	-		$	13,287
Total ending AOCI	$	2,826		$	19,586		$	2,826		$	19,586

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

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
Affected Line Item in the Statements of Operations	2017			2016			2017			2016
	(Dollars in thousands)
Homebuilding: Interest and other income	$	52,211		$	555		$	53,622		$	817
Homebuilding: Other-than-temporary impairment of marketable securities		-			(215	)		(51	)		(934	)
Financial services: Interest and other income		-			94			347			94
Financial services: Other-than-temporary impairment of marketable securities		(29	)		(111	)		(160	)		(111	)
Income before income taxes		52,182			323			53,758			(134	)
Provision for income taxes		(19,829	)		(122	)		(20,428	)		51
Net income	$	32,353		$	201		$	33,330		$	(83	)