Note 9 - Investments in Unconsolidated Land Development and Homebuilding Joint Ventures (Tables)

3 Months Ended

Mar. 31, 2013

Combined Statements of Operations for Unconsolidated Land Development and Homebuilding Joint Ventures [Table Text Block]

	Three Months Ended March 31,
	2013			2012
	(Dollars in thousands)
Revenues	$	17,192		$	2,599
Cost of sales and expenses		(14,870	)		(2,699	)
Income (loss) of unconsolidated joint ventures	$	2,322		$	(100	)
Income (loss) from unconsolidated joint ventures reflected in the accompanying condensed consolidated statements of operations	$	1,134		$	(1,522	)

Combined Balance Sheets for Unconsolidated Land Development and Homebuilding Joint Ventures [Table Text Block]

	March 31, 2013		December 31, 2012
	(Dollars in thousands)
Assets:
Cash	$	12,107	$	15,627
Inventories		147,942		129,477
Other assets		10,673		10,783
Total assets	$	170,722	$	155,887
Liabilities and Equity:
Accounts payable and accrued liabilities	$	5,401	$	5,796
Non-recourse debt		16,410		―
Standard Pacific equity		50,183		51,173
Other members' equity		98,728		98,918
Total liabilities and equity	$	170,722	$	155,887
Investments in unconsolidated joint ventures reflected in the accompanying condensed consolidated balance sheets	$	53,024	$	52,443