Balance Sheets of Unconsolidated Joint Ventures [Table Text Block] |
Summarized Condensed Combined Balance Sheets: | | | | | | | | | December 31, | (In thousands) | 2013 | 2012 | Assets: | | | Single-family lots, land and land development costs (a) (b) | $ | 73,069 |
| $ | 60,086 |
| Other assets | 2,972 |
| (232 | ) | Total assets | $ | 76,041 |
| $ | 59,853 |
| Liabilities and partners’ equity: | | | Liabilities: | | | Notes payable | $ | 8,022 |
| $ | 10,436 |
| Other liabilities | 4,041 |
| 324 |
| Total liabilities | 12,063 |
| 10,760 |
| Partners’ equity: | | | Company’s equity (a) (b) | 32,103 |
| 24,265 |
| Other equity | 31,875 |
| 24,829 |
| Total partners’ equity | 63,978 |
| 49,093 |
| Total liabilities and partners’ equity | $ | 76,041 |
| $ | 59,853 |
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| | (a) | For the years ended December 31, 2013 and 2012, impairment expenses and other miscellaneous adjustments totaling $10.4 million and $12.5 million, respectively, were excluded from the table above. |
| | (b) | For the year ended December 31, 2013, the table above excludes the Company's investment in joint development arrangements for which a special purpose entity was not established, totaling $13.5 million. |
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