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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Cash and equivalents $ 483,675 $ 731,371
Inventories:    
Total Assets 2,158,646 2,133,123
LIABILITIES AND EQUITY    
Total Liabilities 1,551,377 1,511,261
Stockholders' Equity:    
Preferred stock, $0.01 par value; 10,000,000 shares authorized; 450,829 shares issued and outstanding at June 30, 2011 and December 31, 2010 5 5
Common stock, $0.01 par value; 600,000,000 shares authorized; 197,779,108 and 196,641,551 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively 1,978 1,966
Additional paid-in capital 1,234,828 1,227,292
Accumulated deficit (617,668) (592,352)
Accumulated other comprehensive loss, net of tax (11,874) (15,049)
Total Equity 607,269 621,862
Total Liabilities and Equity 2,158,646 2,133,123
Homebuilding [Member]
   
ASSETS    
Cash and equivalents 473,393 720,516
Restricted cash 33,814 28,238
Trade and other receivables 17,660 6,167
Inventories:    
Owned 1,382,744 1,181,697
Not owned 61,586 18,999
Investments in unconsolidated joint ventures 82,164 73,861
Deferred income taxes, net of valuation allowance of $523,288 and $516,366 at June 30, 2011 and December 31, 2010, respectively 7,314 9,269
Other assets 40,264 38,175
Total Assets 2,098,939 2,076,922
LIABILITIES AND EQUITY    
Accounts payable 16,578 16,716
Accrued liabilities 176,185 143,127
Secured project debt and other notes payable 4,215 4,738
Senior notes payable 1,274,001 1,272,977
Senior subordinated notes payable 44,348 42,539
Total Liabilities 1,515,327 1,480,097
Financial Services [Member]
   
ASSETS    
Cash and equivalents 10,282 10,855
Restricted cash 2,870 2,870
Mortgage loans held for sale, net 35,105 30,279
Mortgage loans held for investment, net 9,678 9,904
Inventories:    
Other assets 1,772 2,293
Total Assets 59,707 56,201
LIABILITIES AND EQUITY    
Total Liabilities 36,050 31,164
Accounts payable and other liabilities 1,177 820
Mortgage credit facilities $ 34,873 $ 30,344