Note 7 - Investments in Unconsolidated Land Development and Homebuilding Joint Ventures (Tables)

12 Months Ended

Dec. 31, 2016

Notes Tables

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

	Year December 31,
	2016			2015			2014
	(Dollars in thousands)
	(Unaudited)
Revenues	$	32,422		$	43,806		$	39,898
Cost of sales and expenses		(3,173	)		(33,587	)		(47,519	)
Income (loss) of unconsolidated joint ventures	$	29,249		$	10,219		$	(7,621	)
Income (loss) from unconsolidated joint ventures reflected in the accompanying consolidated statements of operations	$	4,057		$	1,966		$	(668	)

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

	December 31,
	2016		2015
	(Dollars in thousands)
	(Unaudited)
Assets:
Cash	$	23,785	$	34,893
Inventories		541,191		510,502
Other assets		26,292		14,540
Total assets	$	591,268	$	559,935
Liabilities and Equity:
Accounts payable and accrued liabilities	$	28,947	$	26,571
Bank debt		31,007		33,704
CalAtlantic equity		140,387		130,750
Other members' equity		390,927		368,910
Total liabilities and equity	$	591,268	$	559,935
Investments in unconsolidated joint ventures reflected in the accompanying consolidated balance sheets	$	127,127	$	132,763