Note 9 - Capitalization of Interest (Tables)

9 Months Ended

Sep. 30, 2015

Home Building Interest [Abstract]

Schedule of Capitalized Interest [Table Text Block]

	Three Months Ended September 30,						Nine Months Ended September 30,
	2015			2014			2015			2014
	(Dollars in thousands)
Total interest incurred	$	42,304		$	37,308		$	125,964		$	113,735
Less: Interest capitalized to inventories owned		(41,611	)		(36,927	)		(124,520	)		(112,368	)
Less: Interest capitalized to investments in unconsolidated joint ventures		(693	)		(381	)		(1,444	)		(1,367	)
Interest expense		―			―			―			―
Interest previously capitalized to inventories owned, included in cost of home sales	$	30,275		$	28,872		$	87,721		$	83,052
Interest previously capitalized to inventories owned, included in cost of land sales	$	3,048		$	87		$	4,803		$	706
Interest previously capitalized to investments in unconsolidated joint ventures, included in income (loss) from unconsolidated joint ventures		―			―			―		$	30
Interest capitalized in ending inventories owned (1	$	307,603		$	275,367		$	307,603		$	275,367
Interest capitalized as a percentage of inventories owned		8.1	%		8.8	%		8.1	%		8.8	%
Interest capitalized in ending investments in unconsolidated joint ventures (1)	$	2,109		$	299		$	2,109		$	299
Interest capitalized as a percentage of investments in unconsolidated joint ventures		1.7	%		0.6	%		1.7	%		0.6	%