Quarterly Results (unaudited) (Tables)

12 Months Ended

Dec. 31, 2013

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data and Operating Information

The following table sets forth unaudited selected financial data and operating information on a quarterly basis for the years ended December 31, 2013 and 2012.

	Year Ended December 31, 2013
	4th		3rd		2nd		1st
	Quarter		Quarter		Quarter		Quarter
Revenues-homebuilding operations	$	1,223,808	$	1,167,595	$	992,210	$	750,868
Gross profit – homebuilding operations	$	222,393	$	203,179	$	157,922	$	126,783
Mortgage banking fees	$	18,344	$	21,372	$	17,682	$	19,388
Net income	$	97,811	$	82,935	$	50,690	$	35,041
Diluted earnings per share	$	21.15	$	17.67	$	10.11	$	6.84
Contracts for sale, net of cancellations (units)		2,631		2,381		3,278		3,510
Settlements (units)		3,342		3,342		2,878		2,272
Backlog, end of period (units)		4,945		5,656		6,617		6,217
Loans closed	$	721,926	$	695,930	$	646,450	$	473,766

	Year Ended December 31, 2012
	4th		3rd		2nd		1st
	Quarter		Quarter		Quarter		Quarter
Revenues-homebuilding operations	$	925,363	$	854,396	$	755,290	$	586,195
Gross profit – homebuilding operations	$	168,967	$	151,960	$	130,312	$	94,366
Mortgage banking fees	$	18,375	$	16,241	$	14,493	$	14,297
Net income	$	60,627	$	53,000	$	46,838	$	20,123
Diluted earnings per share	$	11.98	$	10.33	$	8.97	$	3.90
Contracts for sale, net of cancellations (units)		2,625		2,558		2,614		3,157
Settlements (units)		2,788		2,656		2,475		1,924
Backlog, end of period (units)		4,979		4,950		5,048		4,909
Loans closed	$	642,171	$	594,867	$	548,871	$	420,184