Note 11 - Investments in Unconsolidated Land Development and Homebuilding Joint Ventures (Tables)

6 Months Ended

Jun. 30, 2016

Notes Tables

Combined Statements of Operations for Unconsolidated Land Development and Homebuilding Joint Ventures [Table Text Block]

	Six Months Ended June 30,
	2016			2015
	(Dollars in thousands)
	(Unaudited)
Revenues	$	20,204		$	18,350
Cost of sales and expenses		(12,825	)		(21,556	)
Income (loss) of unconsolidated joint ventures	$	7,379		$	(3,206	)
Income (loss) from unconsolidated joint ventures reflected in the accompanying condensed consolidated statements of operations	$	1,412		$	(502	)

Combined Balance Sheets for Unconsolidated Land Development and Homebuilding Joint Ventures [Table Text Block]

	June 30, 2016		December 31, 2015
	(Dollars in thousands)
	(Unaudited)
Assets:
Cash	$	23,221	$	34,893
Inventories		584,892		510,502
Other assets		14,272		14,540
Total assets	$	622,385	$	559,935
Liabilities and Equity:
Accounts payable and accrued liabilities	$	26,590	$	26,571
Non-recourse debt		30,223		33,704
CalAtlantic equity		156,277		130,750
Other members' equity		409,295		368,910
Total liabilities and equity	$	622,385	$	559,935
Investments in unconsolidated joint ventures reflected in the accompanying condensed consolidated balance sheets	$	147,631	$	132,763