Note 1 - Company Organization and Operations

12 Months Ended

Dec. 31, 2012

Nature of Operations [Text Block]

1. Company Organization and Operations

We are a geographically diversified builder of single-family attached and detached homes.  We construct homes within a wide range of price and size targeting a broad range of homebuyers, with an emphasis on move-up buyers.  We have operations in major metropolitan markets in California, Florida, the Carolinas, Texas, Arizona and Colorado.  We also provide mortgage financing services to our homebuyers through our mortgage financing subsidiary and title examination services to our Texas homebuyers through our title services subsidiary.  Unless the context otherwise requires, the terms “we,” “us,” “our” and “the Company” refer to Standard Pacific Corp. and its subsidiaries.

The percentages of our homes delivered by state for the years ended December 31, 2012, 2011 and 2010 were as follows:

	Year Ended December 31,
State	2012			2011			2010
California		40	%		38	%		42	%
Florida		18			18			17
Carolinas		17			16			15
Texas		14			16			14
Arizona		8			7			7
Colorado		3			4			4
Nevada		―			1			1
Total		100	%		100	%		100	%

We generate a significant amount of our revenues and profits in California.