Condensed Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Cash flows from operating activities:
Net income	$ 23,849	$ 35,041
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	3,710	2,772
Excess income tax benefit from equity-based compensation	(5,696)	(23,099)
Equity-based compensation expense	10,703	8,063
Contract land deposit recoveries, net	(1,983)	(1,012)
Gain on sale of loans	(7,995)	(15,573)
Mortgage loans closed	(416,801)	(434,748)
Mortgage loans sold and principal payments on mortgage loans held for sale	514,158	509,916
Distribution of earnings from unconsolidated joint ventures	3,704
Net change in assets and liabilities:
Increase in inventory	(102,729)	(159,852)
Increase in contract land deposits	(7,336)	(666)
Increase in receivables	(281)	(5,215)
(Decrease) increase in accounts payable, accrued expenses and customer deposits	(19,146)	13,161
Other, net	(9,943)	(6,881)
Net cash used in operating activities	(15,786)	(78,093)
Cash flows from investing activities:
Investments in and advances to unconsolidated joint ventures		(11,000)
Distribution of capital from unconsolidated joint ventures	5,296	333
Purchase of property, plant and equipment	(5,433)	(3,455)
Proceeds from sale of property, plant and equipment	142	116
Net cash provided by (used in) investing activities	5	(14,006)
Cash flows from financing activities:
Purchases of treasury stock	(32,578)
Repayments under non-recourse debt related to consolidated variable interest entity and note payable	(1,327)	(2,188)
Excess income tax benefit from equity-based compensation	5,696	23,099
Proceeds from the exercise of stock options	57,060	5,412
Net cash provided by financing activities	28,851	26,323
Net increase (decrease) in cash and cash equivalents	13,070	(65,776)
Cash and cash equivalents, beginning of the period	866,253	1,153,507
Cash and cash equivalents, end of the period	879,323	1,087,731
Supplemental disclosures of cash flow information:
Interest paid during the period, net of interest capitalized	12,027	12,392
Income taxes paid during the period, net of refunds	$ 28,661	$ 3,242