XML 16 R24.htm IDEA: XBRL DOCUMENT v2.4.1.9
Fair Value Disclosures Fair Value Disclosures (Tables)
3 Months Ended
Mar. 31, 2015
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring and Nonrecurring Basis
Our assets and liabilities measured or disclosed at fair value are summarized below ($000’s omitted): 

Financial Instrument
 
Fair Value
Hierarchy
 
Fair Value
March 31,
2015
 
December 31,
2014
 
 
 
 
 
 
 
Measured at fair value on a recurring basis:
 
 
 
 
 
 
Residential mortgage loans available-for-sale
 
Level 2
 
$
226,292

 
$
339,531

Interest rate lock commitments
 
Level 2
 
6,532

 
4,248

Forward contracts
 
Level 2
 
(2,149
)
 
(3,574
)
Whole loan commitments
 
Level 2
 
(122
)
 
(588
)
 
 
 
 
 
 
 
Measured at fair value on a non-recurring basis:
 
 
 
 
 
 
House and land inventory
 
Level 3
 
$

 
$
13,925

 
 
 
 
 
 
 
Disclosed at fair value:
 
 
 
 
 
 
Cash and equivalents (including restricted cash)
 
Level 1
 
$
1,068,261

 
$
1,309,220

Financial Services debt
 
Level 2
 
67,563

 
140,241

Senior notes
 
Level 2
 
1,925,487

 
1,952,774