Note 2 - Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Product Warranty Liability [Table Text Block]

	Year Ended December 31,
	2012			2011			2010
	(Dollars in thousands)
Warranty accrual, beginning of the year	$	17,572		$	20,866		$	22,606
Warranty costs accrued during the year		1,497			2,794			4,183
Warranty costs paid during the year		(3,555	)		(3,188	)		(3,896	)
Adjustments to warranty accrual during the year		―			(2,900	)		(2,027	)
Warranty accrual, end of the year	$	15,514		$	17,572		$	20,866

Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block]

	Year Ended December 31,
	2012			2011			2010
	(Dollars in thousands, except per share amounts)
Numerator:
Net income (loss)	$	531,421		$	(16,417	)	$	(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 for basic earnings (loss) per common share		306,603			(9,316	)		(4,875	)
Effect of dilutive securities:
Net income allocated to preferred shareholder		224,408			―			―
Interest on 1.25% convertible senior notes due 2032		268			―			―
Net income (loss) available to common and preferred stock for diluted earnings (loss) per share	$	531,279		$	(9,316	)	$	(4,875	)
Denominator:
Weighted average basic common shares outstanding		201,953,799			193,909,714			105,202,857
Weighted average additional common shares outstanding if preferred shares converted to common shares (if dilutive)		147,812,786			―			―
Total weighted average common shares outstanding if preferred shares converted to common shares		349,766,585			193,909,714			105,202,857
Effect of dilutive securities:
Stock options		5,988,625			―			―
1.25% convertible senior notes due 2032		12,576,473			―			―
Weighted average diluted shares outstanding		368,331,683			193,909,714			105,202,857
Income (loss) per share:
Basic	$	1.52		$	(0.05	)	$	(0.05	)
Diluted	$	1.44		$	(0.05	)	$	(0.05	)

Schedule of Homebuilding Interest Capitalized [Table Text Block]

	Year Ended December 31,
	2012			2011			2010
	(Dollars in thousands)
Total interest incurred (1)	$	141,827		$	140,905		$	110,358
Less: Interest capitalized to inventories owned		(129,136	)		(109,002	)		(66,665	)
Less: Interest capitalized to investments in unconsolidated joint ventures		(6,295	)		(6,735	)		(3,519	)
Interest expense	$	6,396		$	25,168		$	40,174
Interest previously capitalized to inventories owned, included in home cost of home sales	$	100,683		$	69,421		$	59,750
Interest previously capitalized to inventories owned, included in land cost of land sales	$	3,219		$	215		$	815
Interest previously capitalized to investments in unconsolidated joint ventures, included in income (loss) from unconsolidated joint ventures	$	843		$	876		$	609
Interest capitalized in ending inventories owned (2)	$	221,402		$	188,526		$	147,935
Interest capitalized as a percentage of inventories owned		11.2	%		12.8	%		12.5	%
Interest capitalized in ending investments in unconsolidated joint ventures (2)	$	6,921		$	9,111		$	4,477
Interest capitalized as a percentage of investments in unconsolidated joint ventures		13.2	%		11.1	%		6.1	%