Note 8 - Capitalization of Interest (Tables)

6 Months Ended

Jun. 30, 2014

Home Building Interest [Abstract]

Schedule Of Capitalized Interest [Table Text Block]

	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
	(Dollars in thousands)
Total interest incurred (1)	$	37,641		$	33,526		$	76,427		$	68,553
Less: Interest capitalized to inventories owned		(37,228	)		(32,782	)		(75,441	)		(66,983	)
Less: Interest capitalized to investments in unconsolidated joint ventures		(413	)		(744	)		(986	)		(1,570	)
Interest expense	―			―			―			―
Interest previously capitalized to inventories owned, included in cost of home sales	$	29,812		$	30,337		$	54,180		$	58,033
Interest previously capitalized to inventories owned, included in cost of land sales	$	4		$	325		$	619		$	514
Interest previously capitalized to investments in unconsolidated joint ventures, included in income (loss) from unconsolidated joint ventures	―			$	123		$	30		$	292
Interest capitalized in ending inventories owned (2)	$	265,393		$	231,974		$	265,393		$	231,974
Interest capitalized as a percentage of inventories owned		9.1	%		10.0	%		9.1	%		10.0	%
Interest capitalized in ending investments in unconsolidated joint ventures (2)	$	1,924		$	6,063		$	1,924		$	6,063
Interest capitalized as a percentage of investments in unconsolidated joint ventures		3.8	%		10.5	%		3.8	%		10.5	%