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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities:    
Net income $ 118,179 $ 30,770
Adjustments to reconcile net income to net cash flows provided by (used in) operating activities:    
Write-down of land inventory and deposits and pre-acquisition costs 4,709 9,218
Depreciation and amortization 15,084 14,828
Stock-based compensation expense 15,765 8,886
Equity in (earnings) loss of unconsolidated entities 503 (3,552)
Distributions of earnings from unconsolidated entities 1,298 5,782
Loss on debt retirements 23,072 0
Other non-cash, net 4,277 850
Increase (decrease) in cash due to:    
Restricted cash 1,285 (1,215)
Inventories 32,920 72,222
Residential mortgage loans available-for-sale 81,336 23,768
Other assets (32,607) 12,020
Accounts payable, accrued and other liabilities 67,463 28,799
Income tax liabilities 1,781 9,164
Net cash provided by (used in) operating activities 335,065 211,540
Cash flows from investing activities:    
Distributions from unconsolidated entities 200 2,696
Investments in unconsolidated entities (807) (858)
Net change in loans held for investment 18 627
Change in restricted cash related to letters of credit 4,222 16,280
Proceeds from the sale of property and equipment 9 4,627
Capital expenditures (11,017) (6,997)
Net cash provided by (used in) investing activities (7,375) 16,375
Cash flows from financing activities:    
Financial Services borrowings (repayments) (78,929) 0
Other borrowings (repayments) (452,950) 400
Stock option exercises 18,544 0
Stock repurchases (6,447) (908)
Net cash provided by (used in) financing activities (519,782) (508)
Net increase (decrease) in cash and equivalents (192,092) 227,407
Cash and equivalents at beginning of period 1,404,760 1,083,071
Cash and equivalents at end of period 1,212,668 1,310,478
Supplemental Cash Flow Information:    
Interest paid (capitalized), net 2,309 (5,840)
Income taxes paid (refunded), net $ (2,471) $ (11,756)