Note 7 - Inventories (Tables)

6 Months Ended

Jun. 30, 2018

Notes Tables

Schedule of Inventory [Table Text Block]

	June 30,		December 31,
	2018		2017
	(Dollars in thousands)
Housing completed or under construction:
West	$	571,762	$	489,136
Mountain		396,272		328,897
East		109,372		118,652
Subtotal		1,077,406		936,685
Land and land under development:
West		613,931		517,697
Mountain		308,304		309,072
East		55,459		66,282
Subtotal		977,694		893,051
Total inventories	$	2,055,100	$	1,829,736

Schedule of Inventory Impairments [Table Text Block]

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2018		2017		2018		2017
	(Dollars in thousands)
West	$	-	$	-	$	375	$	4,100
Mountain		-		-		175		-
East		200		-		200		750
Total inventory impairments	$	200	$	-	$	750	$	4,850

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, 2018		24	$	550	$	5,223		2		12%
June 30, 2018		17	$	200	$	767		1		12%
March 31, 2017		33	$	4,850	$	19,952		2	12%	to	18%
June 30, 2017		35	$	-	$	-		-		N/A