Note 11 - Revolving Credit Facility and Letter of Credit Facilities	9 Months Ended
Sep. 30, 2013
Line Of Credit Facility [Abstract]
Line Of Credit Facility [Text Block]	11. Revolving Credit Facility and Letter of Credit Facilities As of September 30, 2013, we were party to a $350 million unsecured revolving credit facility (the “Revolving Facility”), of which $320 million matures in October 2015 and $30 million matures in February 2014. During the 2013 third quarter, we amended the Revolving Facility to, among other things, eliminate the borrowing base and modify the mandatory repayment requirement. The Revolving Facility has an accordion feature under which the aggregate commitment may be increased up to $550 million (subject to the availability of additional bank commitments and certain other conditions). On October 24, 2013, we exercised the accordion feature and increased the aggregate commitment to $470 million). As of September 30, 2013, the Revolving Facility contained financial covenants, including, but not limited to, (i) a minimum consolidated tangible net worth covenant; (ii) a covenant to maintain either (a) a minimum liquidity level or (b) a minimum interest coverage ratio; (iii) a maximum net homebuilding leverage ratio and (iv) a maximum land not under development to tangible net worth ratio. This facility also contains a limitation on our investments in joint ventures. Interest rates charged under the Revolving Facility include LIBOR and prime rate pricing options. As of September 30, 2013 we satisfied the conditions that would allow us to borrow up to $350 million under the facility and had no amounts outstanding. As of September 30, 2013, we were party to two committed letter of credit facilities totaling $11 million, of which $7.2 million was outstanding. These facilities require cash collateralization and have maturity dates ranging from October 2013 to November 2013. In addition, as of such date, we also had $19.7 million outstanding under an uncommitted letter of credit facility. As of September 30, 2013 these facilities were secured by cash collateral deposits of $27.2 million. Upon maturity, we may renew or enter into new letter of credit facilities with the same or other financial institutions. In October 2013, we entered into a new $15 million committed letter of credit facility, which requires cash collateralization and matures in October 2016.

Note 11 - Revolving Credit Facility and Letter of Credit Facilities

9 Months Ended

Sep. 30, 2013

11. Revolving Credit Facility and Letter of Credit Facilities

As of September 30, 2013, we were party to a $350 million unsecured revolving credit facility (the “Revolving Facility”), of which $320 million matures in October 2015 and $30 million matures in February 2014. During the 2013 third quarter, we amended the Revolving Facility to, among other things, eliminate the borrowing base and modify the mandatory repayment requirement. The Revolving Facility has an accordion feature under which the aggregate commitment may be increased up to $550 million (subject to the availability of additional bank commitments and certain other conditions). On October 24, 2013, we exercised the accordion feature and increased the aggregate commitment to $470 million). As of September 30, 2013, the Revolving Facility contained financial covenants, including, but not limited to, (i) a minimum consolidated tangible net worth covenant; (ii) a covenant to maintain either (a) a minimum liquidity level or (b) a minimum interest coverage ratio; (iii) a maximum net homebuilding leverage ratio and (iv) a maximum land not under development to tangible net worth ratio. This facility also contains a limitation on our investments in joint ventures. Interest rates charged under the Revolving Facility include LIBOR and prime rate pricing options. As of September 30, 2013 we satisfied the conditions that would allow us to borrow up to $350 million under the facility and had no amounts outstanding.

As of September 30, 2013, we were party to two committed letter of credit facilities totaling $11 million, of which $7.2 million was outstanding. These facilities require cash collateralization and have maturity dates ranging from October 2013 to November 2013. In addition, as of such date, we also had $19.7 million outstanding under an uncommitted letter of credit facility. As of September 30, 2013 these facilities were secured by cash collateral deposits of $27.2 million. Upon maturity, we may renew or enter into new letter of credit facilities with the same or other financial institutions.

In October 2013, we entered into a new $15 million committed letter of credit facility, which requires cash collateralization and matures in October 2016.