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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Homebuilding:        
Home sale revenues $ 603,788 $ 511,059 $ 1,642,412 $ 1,300,493
Land sale revenues 1,061 697 15,122 7,665
Total revenues 604,849 511,756 1,657,534 1,308,158
Cost of home sales (444,898) (381,694) (1,207,339) (993,809)
Cost of land sales (891) (672) (14,245) (7,671)
Total cost of sales (445,789) (382,366) (1,221,584) (1,001,480)
Gross margin 159,060 129,390 435,950 306,678
Selling, general and administrative expenses (70,164) (61,939) (196,589) (162,831)
Income (loss) from unconsolidated joint ventures 557 (32) (342) 1,249
Other income (expense) (69) 301 (445) 2,624
Homebuilding pretax income 89,384 67,720 238,574 147,720
Financial Services:        
Revenues 6,179 5,839 17,275 18,927
Expenses (3,673) (3,590) (10,873) (10,394)
Other income 231 167 606 420
Financial services pretax income 2,737 2,416 7,008 8,953
Income before taxes 92,121 70,136 245,582 156,673
Provision for income taxes (35,522) (11,201) (94,361) (32,778)
Net income 56,599 58,935 151,221 123,895
Less: Net income allocated to preferred shareholder (13,511) (14,166) (36,165) (40,353)
Less: Net income allocated to unvested restricted stock (77) (90) (211) (169)
Net income available to common stockholders $ 43,011 $ 44,679 $ 114,845 $ 83,373
Income Per Common Share:        
Basic (in Dollars per share) $ 0.15 $ 0.16 $ 0.41 $ 0.34
Diluted (in Dollars per share) $ 0.14 $ 0.15 $ 0.37 $ 0.31
Weighted Average Common Shares Outstanding:        
Basic (in Shares) 279,547,711 276,966,995 278,863,014 244,998,581
Diluted (in Shares) 317,116,924 314,897,098 316,691,803 283,189,878
Weighted average additional common shares outstanding if preferred shares converted to common shares (in Shares) 87,812,786 87,812,786 87,812,786 118,582,017
Total weighted average diluted common shares outstanding if preferred shares converted to common shares (in Shares) 404,929,710 402,709,884 404,504,589 401,771,895