Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
ASSETS:
Cash and cash equivalents	$ 10,205	$ 15,535
Restricted cash	2,896	6,951
Mortgage loans held for sale	127,001	92,794
Inventory	1,112,042	918,589
Property and equipment - net	12,897	11,490
Investment in unconsolidated joint ventures	36,967	27,769
Deferred income taxes	67,404	94,412
Other assets	46,142	37,699
TOTAL ASSETS	1,415,554	1,205,239
LIABILITIES:
Accounts payable	86,878	75,338
Customer deposits	19,567	11,759
Other liabilities	93,670	79,723
Community development district (CDD) obligations	1,018	2,571
Obligation for consolidated inventory not owned	6,007	608
Notes payable bank - homebuilding operations	43,800	30,000
Notes payable bank - financial services operations	123,648	85,379
Notes payable - other	8,441	9,518
Convertible senior subordinated notes due 2017 - net	56,518	55,943
Convertible senior subordinated notes due 2018 - net	84,714	84,006
Senior notes - net	294,727	226,099
TOTAL LIABILITIES	818,988	660,944
Commitments and contingencies	0	0
SHAREHOLDERS' EQUITY:
Preferred shares - $.01 par value; authorized 2,000,000 shares; 2,000 shares issued and outstanding at both December 31, 2015 and 2014	48,163	48,163
Common shares - $.01 par value; authorized 58,000,000 shares at both December 31, 2015 and 2014; issued 27,092,723 shares at both December 31, 2015 and 2014	271	271
Additional paid-in capital	241,239	238,560
Retained earnings	355,427	308,539
Treasury shares - at cost - 2,443,679 and 2,579,813 shares at December 31, 2015 and 2014, respectively	(48,534)	(51,238)
TOTAL SHAREHOLDERS' EQUITY	596,566	544,295
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 1,415,554	$ 1,205,239