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CONSOLIDATED STATEMENTS OF EARNINGS (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
REVENUES      
Homebuilding $ 1,270,847 $ 862,604 $ 969,818
Financial services 37,619 26,927 31,007
TOTAL REVENUES 1,308,466 889,531 1,000,825
EXPENSES      
Cost of sales 1,027,472 726,956 844,364
Selling, general and administrative 189,500 158,045 168,873
Financial services 24,477 21,188 30,162
Interest 16,118 18,348 24,389
TOTAL EXPENSES 1,257,567 924,537 1,067,788
OTHER (LOSS) INCOME      
Gain from marketable securities, net 2,214 3,882 5,774
Loss related to early retirement of debt, net (9,146) (1,608) (19,308)
TOTAL OTHER (LOSS) INCOME (6,932) 2,274 (13,534)
Income (loss) from continuing operations before taxes 43,967 (32,732) (80,497)
Tax expense (benefit) 1,585 (2,865) 195
NET INCOME (LOSS) FROM CONTINUING OPERATIONS 42,382 (29,867) (80,692)
Loss from discontinued operations, net of taxes (2,000) (20,883) (4,447)
NET INCOME (LOSS) $ 40,382 $ (50,750) $ (85,139)
Basic      
Continuing operations (in dollars per share) $ 0.93 $ (0.67) $ (1.83)
Discontinued operations (in dollars per share) $ (0.04) $ (0.47) $ (0.10)
Total (in dollars per share) $ 0.89 $ (1.14) $ (1.93)
Diluted      
Continuing operations (in dollars per share) $ 0.88 $ (0.67) $ (1.83)
Discontinued operations (in dollars per share) $ (0.04) $ (0.47) $ (0.10)
Total (in dollars per share) $ 0.84 $ (1.14) $ (1.93)
AVERAGE COMMON SHARES OUTSTANDING      
Basic (in shares) 44,761,178 44,357,470 44,050,013
Diluted (in shares) 49,655,321 44,357,470 44,050,013
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share) $ 0.12 $ 0.12 $ 0.12