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Note 7 - Cash and Equivalents and Restricted Cash
9 Months Ended
Sep. 30, 2015
Restricted Cash And Cash Equivalents [Abstract]  
Restricted Cash And Cash Equivalents [Text Block]

7.      Cash and Equivalents and Restricted Cash


Cash and equivalents include cash on hand, demand deposits and all highly liquid short-term investments, including interest-bearing securities purchased with a maturity of three months or less from the date of purchase. At September 30, 2015, cash and equivalents included $31.6 million of cash from home closings held in escrow for our benefit, typically for less than five days, which are considered deposits in-transit.


At September 30, 2015, restricted cash consisted of $38.5 million of cash held in cash collateral accounts primarily related to certain letters of credit that have been issued and a portion related to our financial services subsidiary mortgage credit facilities ($37.4 million of homebuilding restricted cash and $1.1 million of financial services restricted cash).