Note 5 - Accumulated Other Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2018

Notes Tables

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

	Three Months Ended					Six Months Ended
	June 30,					June 30,
	2018		2017			2018			2017
	(Dollars in thousands)
Beginning balance 1	$	-	$	9,479		$	3,992		$	7,730
Adoption of accounting standards (Note 2)		-		-			(3,992	)		-
Other comprehensive income before reclassifications		-		2,389			-			4,423
Amounts reclassified from AOCI 2		-		(692	)		-			(977	)
Ending balance	$	-	$	11,176		$	-		$	11,176
Unrealized gains on available-for-sale metropolitan district bond securities 1 :
Beginning balance	$	-	$	14,578		$	-		$	14,341
Other comprehensive income (loss) before reclassifications		-		247			-			484
Amounts reclassified from AOCI		-		-			-			-
Ending balance	$	-	$	14,825		$	-		$	14,825
Total ending AOCI	$	-	$	26,001		$	-		$	26,001

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	2018		2017			2018		2017
	(Dollars in thousands)
Homebuilding: Interest and other income	$	-	$	889		$	-	$	1,411
Homebuilding: Other-than-temporary impairment of marketable securities		-		(1	)		-		(51	)
Financial services: Interest and other income		-		308			-		347
Financial services: Other-than-temporary impairment of marketable securities		-		(80	)		-		(131	)
Income before income taxes		-		1,116			-		1,576
Provision for income taxes		-		(424	)		-		(599	)
Net income	$	-	$	692		$	-	$	977