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Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Homebuilding:      
Home sale revenues $ 1,190,252 $ 882,094 $ 908,562
Land sale revenues 46,706 899 3,856
Total revenues 1,236,958 882,993 912,418
Cost of home sales (946,630) (719,893) (707,006)
Cost of land sales (46,654) (903) (3,568)
Total cost of sales (993,284) (720,796) (710,574)
Gross margin 243,674 [1] 162,197 [1] 201,844
Selling, general and administrative expenses (172,207) (154,375) (150,542)
Income (loss) from unconsolidated joint ventures (2,090) 207 1,166
Interest expense (6,396) (25,168) (40,174)
Loss on early extinguishment of debt     (30,028)
Other income (expense) 4,664 (1,017) 3,733
Homebuilding pretax income (loss) 67,645 (18,156) (14,001)
Financial Services:      
Revenues 21,300 10,907 12,456
Expenses (11,062) (9,401) (10,878)
Other income 304 177 142
Financial services pretax income 10,542 1,683 1,720
Income (loss) before income taxes 78,187 (16,473) (12,281)
Benefit for income taxes 453,234 56 557
Net income (loss) 531,421 [1] (16,417) [1] (11,724)
Less: Net (income) loss allocated to preferred shareholder (224,408) 7,101 6,849
Less: Net (income) loss allocated to unvested restricted stock (410)    
Net income (loss) available to common stockholders $ 306,603 $ (9,316) $ (4,875)
Income (Loss) per common share:      
Basic (in Dollars per share) $ 1.52 [1] $ (0.05) [1] $ (0.05)
Diluted (in Dollars per share) $ 1.44 [1] $ (0.05) [1] $ (0.05)
Weighted average common shares outstanding:      
Basic (in Shares) 201,953,799 193,909,714 105,202,857
Diluted (in Shares) 220,518,897 193,909,714 105,202,857
Weighted average additional common shares outstanding if preferred shares converted to common shares (in Shares) 147,812,786 147,812,786 147,812,786
Total weighted average diluted common shares outstanding if preferred shares converted to common shares (in Shares) 368,331,683 341,722,500 253,015,643
[1] Some amounts do not add across due to rounding differences in quarterly amounts and due to the impact of differences between the quarterly and annual weighted average share calculations.