Real Estate Entities and Investments in Affiliates (Tables)

9 Months Ended

Sep. 30, 2012

Real Estate Entities and Investments in Affiliates [Abstract]

Schedule of Consolidated Real Estate Entities [Table Text Block]

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, 2012		December 31, 2011		September 30, 2011
Real estate held for development and sale	$	57,964	$	67,037	$	79,173
Other current assets	1,946		4,715		2,801
Total assets	$	59,910	$	71,752	$	81,974
Current maturities of non-recourse debt	$	16,712	$	22,571	$	16,190
Other current liabilities	404		1,794		1,901
Total current liabilities	17,116		24,365		18,091
Long-term non-recourse debt	4,375		9,912		27,755
Other noncurrent liabilities	—		74		278
Total liabilities	$	21,491	$	34,351	$	46,124

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, 2012			December 31, 2011			September 30, 2011
(dollars in thousands)	Amount		Number of Projects	Amount		Number of Projects	Amount		Number of Projects
Residential	$	48,527	3	$	54,610	4	$	55,672	5
Commercial	9,437		4	12,427		5	23,501		7
Total	$	57,964	7	$	67,037	9	$	79,173	12
Washington	$	48,122	2	$	47,600	2	$	47,109	2
California	2,609		4	4,006		5	16,382		8
Texas	7,233		1	8,859		1	8,859		1
Oregon	—		—	6,572		1	6,823		1
Total	$	57,964	7	$	67,037	9	$	79,173	12

Schedule of Equity and Cost Method Investments [Table Text Block]

Our investments in affiliates balance consists of the following:

(in thousands)	September 30, 2012		December 31, 2011		September 30, 2011
Equity method investments in real estate affiliates	$	18,873	$	16,478	$	15,856
Equity method investments in other affiliates	11,384		11,841		11,129
Total equity method investments	30,257		28,319		26,985
Cost method investments	—		2,752		6,450
Total investments in affiliates	$	30,257	$	31,071	$	33,435

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 affiliates accounted for under the equity method is summarized below:

	September 30, 2012			December 31, 2011			September 30, 2011
(dollars in thousands)	Amount		Number of Projects	Amount		Number of Projects	Amount		Number of Projects
Residential	$	12,805	2	$	11,903	2	$	11,511	2
Commercial	6,068		3	4,575		3	4,345		3
Total	$	18,873	5	$	16,478	5	$	15,856	5
Texas	$	18,873	5	$	16,478	5	$	15,856	5
Total	$	18,873	5	$	16,478	5	$	15,856	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, 2012		December 31, 2011		September 30, 2011
Total assets	$	156,992	$	157,771	$	157,054
Net assets	85,162		82,511		80,306
Granite’s share of net assets	30,257		28,319		26,985