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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash Flows From Operating Activities:      
Net income (loss) $ 188,715 [1] $ 531,421 [1] $ (16,417)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
(Income) loss from unconsolidated joint ventures (949) 2,090 (207)
Cash distributions of income from unconsolidated joint ventures 3,375 3,910 20
Depreciation and amortization 3,576 2,480 3,255
Loss on disposal of property and equipment 17 37 179
Amortization of stock-based compensation 9,015 7,151 11,239
Deferred income tax provision (benefit) 84,214 (454,000)  
Inventory impairment charges and deposit write-offs   133 15,334
Changes in cash and equivalents due to:      
Trade and other receivables (3,244) 801 (5,358)
Mortgage loans held for sale (2,543) (46,339) (43,661)
Inventories - owned (415,312) (315,639) (282,447)
Inventories - not owned (43,319) (31,551) (19,727)
Other assets 965 2,618 6,212
Accounts payable 13,325 4,617 1,113
Accrued liabilities 7,949 9,155 7,852
Net cash provided by (used in) operating activities (154,216) (283,116) (322,613)
Cash Flows From Investing Activities:      
Investments in unconsolidated homebuilding joint ventures (24,328) (57,458) (14,689)
Distributions of capital from unconsolidated homebuilding joint ventures 4,763 14,530 8,593
Net cash paid for acquisitions (116,262) (60,752)  
Other investing activities (8,030) (1,525) (2,217)
Net cash provided by (used in) investing activities (143,857) (105,205) (8,313)
Cash Flows From Financing Activities:      
Change in restricted cash 6,565 3,347 (1,559)
Principal payments on secured project debt and other notes payable (8,334) (866) (1,207)
Principal payments on senior subordinated notes payable   (49,603)  
Proceeds from the issuance of senior notes payable 300,000 253,000  
Payment of debt issuance costs (5,316) (11,761) (4,575)
Net proceeds from (payments on) mortgage credit facilities 8,708 45,351 16,464
Proceeds from the issuance of common stock   75,849  
Proceeds from the exercise of stock options 13,536 13,039 1,278
Net cash provided by (used in) by financing activities 314,809 324,354 10,077
Net increase (decrease) in cash and equivalents 16,736 (63,967) (320,849)
Cash and equivalents at beginning of year 346,555 410,522 731,371
Cash and equivalents at end of year 363,291 346,555 410,522
Homebuilding restricted cash at end of year 21,460 26,900 31,372
Financial services restricted cash at end of year 1,295 2,420 1,295
Cash and equivalents and restricted cash at end of year 386,046 375,875 443,189
Common Stock [Member]
     
Cash Flows From Financing Activities:      
Issuance costs   (4,002)  
Preferred Stock [Member]
     
Cash Flows From Financing Activities:      
Issuance costs (350)    
Warrant [Member]
     
Cash Flows From Financing Activities:      
Issuance costs     $ (324)
[1] Per share 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.