Real Estate Entities and Investments in Affiliates (Tables)
| 9 Months Ended |
|---|
Sep. 30, 2011 |
|---|
| Real Estate Entities and Investments in Affiliates [Abstract] | |
| Schedule of Consolidated Real Estate Entities [Table Text Block] | Consolidated Real Estate Entities The carrying amounts and classification of assets and liabilities of real estate entities we are required to consolidate are included in our condensed consolidated balance sheets as follows: | | | | | | | | | | | | | | (in thousands) | | September 30,
2011 | | December 31,
2010 | | September 30,
2010 | Real estate held for development and sale | | $ | 79,173 |
| | $ | 75,716 |
| | $ | 151,638 |
| Other current assets | | 2,801 |
| | 2,453 |
| | 2,858 |
| Total current assets | | 81,974 |
| | 78,169 |
| | 154,496 |
| Property and equipment, net | | — |
| | 3,771 |
| | 8,156 |
| Other noncurrent assets | | — |
| | 1,095 |
| | 2,005 |
| Total assets | | $ | 81,974 |
| | $ | 83,035 |
| | $ | 164,657 |
| | | | | | | | Current maturities of non-recourse debt | | $ | 16,190 |
| | $ | 29,760 |
| | $ | 39,157 |
| Other current liabilities | | 1,901 |
| | 2,619 |
| | 3,083 |
| Total current liabilities | | 18,091 |
| | 32,379 |
| | 42,240 |
| Long-term non-recourse debt | | 27,755 |
| | 25,337 |
| | 16,420 |
| Other noncurrent liabilities | | 278 |
| | 404 |
| | 443 |
| Total liabilities | | $ | 46,124 |
| | $ | 58,120 |
| | $ | 59,103 |
|
|
| Schedule of Real Estate Inventory Held For Sale [Table Text Block] | The breakdown by type and location of our real estate held for development and sale is summarized below: | | | | | | | | | | | | | | | | | | | | | | | | | September 30, 2011 | | December 31, 2010 | | September 30, 2010 | (dollars in thousands) | | Amount | | Number of Projects | | Amount | | Number of Projects | | Amount | | Number of Projects | Residential | | $ | 55,672 |
| | 5 |
| | $ | 55,289 |
| | 5 |
| | $ | 129,618 |
| | 6 |
| Commercial1 | | 23,501 |
| | 7 |
| | 20,427 |
| | 5 |
| | 22,020 |
| | 5 |
| Total | | $ | 79,173 |
| | 12 |
| | $ | 75,716 |
| | 10 |
| | $ | 151,638 |
| | 11 |
| | | | | | | | | | | | | | Washington | | $ | 47,109 |
| | 2 |
| | $ | 44,598 |
| | 2 |
| | $ | 87,194 |
| | 2 |
| California1 | | 16,382 |
| | 8 |
| | 13,437 |
| | 6 |
| | 25,815 |
| | 7 |
| Texas | | 8,859 |
| | 1 |
| | 8,859 |
| | 1 |
| | 8,716 |
| | 1 |
| Oregon | | 6,823 |
| | 1 |
| | 8,822 |
| | 1 |
| | 29,913 |
| | 1 |
| Total | | $ | 79,173 |
| | 12 |
| | $ | 75,716 |
| | 10 |
| | $ | 151,638 |
| | 11 |
|
1The increase in the number of projects from December 31, 2010 to September 30, 2011 is due to the reclassification of two projects from property and equipment to real estate held for development and sale. The reclassifications were due to a change in business plans for the projects in connection with our Enterprise Improvement Plan.
|
| Schedule of Equity and Cost Method Investments [Table Text Block] | Our investments in affiliates balance consists of the following: | | | | | | | | | | | | | | (in thousands) | | September 30,
2011 | | December 31,
2010 | | September 30,
2010 | Equity method investments in real estate affiliates | | $ | 15,856 |
| | $ | 12,128 |
| | $ | 14,290 |
| Equity method investments in other affiliates | | 11,129 |
| | 12,882 |
| | 11,825 |
| Total equity method investments | | 26,985 |
| | 25,010 |
| | 26,115 |
| Cost method investments | | 6,450 |
| | 6,400 |
| | 6,400 |
| Total investments in affiliates | | $ | 33,435 |
| | $ | 31,410 |
| | $ | 32,515 |
|
|
| Breakdown of Equity Method in Real Estate Affiliates by Type and Location [Table Text Block] | The breakdown by type and location of our interests in real estate ventures is summarized below: | | | | | | | | | | | | | | | | | | | | | | | | | September 30, 2011 | | December 31, 2010 | | September 30, 2010 | (dollars in thousands) | | Amount | | Number of Projects | | Amount | | Number of Projects | | Amount | | Number of Projects | Residential | | $ | 11,511 |
| | 2 |
| | $ | 9,029 |
| | 2 |
| | $ | 8,893 |
| | 2 |
| Commercial | | 4,345 |
| | 3 |
| | 3,099 |
| | 3 |
| | 5,397 |
| | 3 |
| Total | | $ | 15,856 |
| | 5 |
| | $ | 12,128 |
| | 5 |
| | $ | 14,290 |
| | 5 |
| | | | | | | | | | | | | | Texas | | $ | 15,856 |
| | 5 |
| | $ | 12,128 |
| | 5 |
| | $ | 14,290 |
| | 5 |
| Total | | $ | 15,856 |
| | 5 |
| | $ | 12,128 |
| | 5 |
| | $ | 14,290 |
| | 5 |
|
|
| Equity Method Investment Summarized Balance Sheet Location [Table Text Block] | The following table provides summarized balance sheet information for our affiliates accounted for under the equity method on a 100% combined basis: | | | | | | | | | | | | | | (in thousands) | | September 30,
2011 | | December 31,
2010 | | September 30,
2010 | Total assets | | $ | 157,054 |
| | $ | 156,868 |
| | $ | 165,653 |
| Net assets | | 80,306 |
| | 84,368 |
| | 88,530 |
| Granite’s share of net assets | | 26,985 |
| | 25,010 |
| | 26,115 |
|
|