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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
ASSETS:    
Cash and cash equivalents $ 128,725 $ 145,498
Restricted cash 13,902 8,680
Mortgage loans held for sale 81,810 71,121
Inventory 690,934 556,817
Property and equipment - net 10,536 10,439
Investment in unconsolidated joint ventures 35,266 11,732
Deferred income taxes, net of valuation allowance of $9.3 million and $135.7 million at December 31, 2013 and 2012, respectively 110,911 0
Other assets 38,092 27,013
TOTAL ASSETS 1,110,176 831,300
LIABILITIES:    
Accounts payable 70,226 47,690
Customer deposits 11,262 10,239
Other liabilities 71,341 49,972
Community development district (CDD) obligations 3,130 4,634
Obligation for consolidated inventory not owned 1,775 19,105
Notes payable bank - financial services operations 80,029 67,957
Notes payable - other 7,790 11,105
Senior notes 228,070 227,670
TOTAL LIABILITIES 617,373 495,872
Commitments and contingencies 0 0
SHAREHOLDERS' EQUITY:    
Preferred shares - $.01 par value; authorized 2,000,000 shares; 2,000 and 4,000 shares issued at December 31, 2013 and 2012, respectively; 2,000 and 4,000 shares outstanding as of December 31, 2013 and 2012, respectively 48,163 96,325
Common shares - $.01 par value; authorized 38,000,000 shares; issued 27,092,723 and 24,631,723 shares at December 31, 2013 and 2012, respectively 271 246
Additional paid-in capital 236,060 180,289
Retained earnings 262,625 117,048
Treasury shares - at cost - 2,734,780 and 2,944,470 shares at December 31, 2013 and 2012, respectively (54,316) (58,480)
TOTAL SHAREHOLDERS' EQUITY 492,803 335,428
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 1,110,176 831,300
2017 Convertible Senior Notes [Member]
   
LIABILITIES:    
Convertible senior subordinated notes 57,500 57,500
2018 Convertible Senior Notes [Member]
   
LIABILITIES:    
Convertible senior subordinated notes $ 86,250 $ 0