Note 8 - Capitalization of Interest (Tables)

9 Months Ended

Sep. 30, 2014

Home Building Interest [Abstract]

Schedule Of Capitalized Interest [Table Text Block]

	Three Months Ended September 30,						Nine Months Ended September 30,
	2014			2013			2014			2013
	(Dollars in thousands)
Total interest incurred (1)	$	37,308		$	34,766		$	113,735		$	103,319
Less: Interest capitalized to inventories owned		(36,927	)		(34,118	)		(112,368	)		(101,101	)
Less: Interest capitalized to investments in unconsolidated joint ventures		(381	)		(648	)		(1,367	)		(2,218	)
Interest expense	―			―			―			―
Interest previously capitalized to inventories owned, included in cost of home sales	$	28,872		$	30,303		$	83,052		$	88,336
Interest previously capitalized to inventories owned, included in cost of land sales	$	87		$	19		$	706		$	533
Interest previously capitalized to investments in unconsolidated joint ventures, included in income (loss) from unconsolidated joint ventures	―			$	117		$	30		$	409
Interest capitalized in ending inventories owned (2)	$	275,367		$	236,334		$	275,367		$	236,334
Interest capitalized as a percentage of inventories owned		8.8	%		9.8	%		8.8	%		9.8	%
Interest capitalized in ending investments in unconsolidated joint ventures (2)	$	299		$	6,030		$	299		$	6,030
Interest capitalized as a percentage of investments in unconsolidated joint ventures		0.6	%		10.3	%		0.6	%		10.3	%