Condensed Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013
Cash flows from operating activities:
Net income	$ 92,027	$ 85,731
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	7,926	5,848
Excess income tax benefit from equity-based compensation	(6,050)	(23,727)
Equity-based compensation expense	26,641	18,652
Contract land deposit recoveries, net	(3,655)	(3,987)
Gain on sale of loans	(20,505)	(28,159)
Mortgage loans closed	(1,010,249)	(1,032,029)
Mortgage loans sold and principal payments on mortgage loans held for sale	1,072,897	1,063,018
Distribution of earnings from unconsolidated joint ventures	4,718	1,334
Net change in assets and liabilities:
Increase in inventory	(212,502)	(256,541)
Increase in contract land deposits	(13,268)	(12,204)
Increase in receivables	(5,549)	(5,595)
Increase in accounts payable, accrued expenses and customer deposits	61,270	106,719
Other, net	(10,781)	(9,574)
Net cash used in operating activities	(17,080)	(90,514)
Cash flows from investing activities:
Investments in and advances to unconsolidated joint ventures		(11,000)
Distribution of capital from unconsolidated joint ventures	8,282	2,124
Additions to property, plant and equipment	(20,805)	(8,088)
Proceeds from sale of property, plant and equipment	363	257
Net cash used in investing activities	(12,160)	(16,707)
Cash flows from financing activities:
Purchases of treasury stock	(347,448)	(294,979)
Repayments under non-recourse debt related to consolidated variable interest entity and note payable	(2,222)	(3,281)
Distributions to partner in consolidated variable interest entity	(281)
Excess income tax benefit from equity-based compensation	6,050	23,727
Proceeds from the exercise of stock options	60,593	6,671
Net cash used in financing activities	(283,308)	(267,862)
Net decrease in cash and cash equivalents	(312,548)	(375,083)
Cash and cash equivalents, beginning of the period	866,253	1,153,507
Cash and cash equivalents, end of the period	553,705	778,424
Supplemental disclosures of cash flow information:
Interest paid during the period, net of interest capitalized	12,166	12,607
Income taxes paid during the period, net of refunds	$ 63,128	$ 15,041