Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2011

Schedule of assets and liabilities related to discontinued operations


	DECEMBER 31,
(in thousands)		2011		2010

Assets
Cash	$	56	$	39
Housing inventories		30,670		47,187
Other assets		4,598		3,438

Total assets of discontinued operations		35,324		50,664
Liabilities
Accounts payable, accrued liabilities and secured notes payable		6,217		4,351

Total liabilities of discontinued operations	$	6,217	$	4,351

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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