XML 94 R27.htm IDEA: XBRL DOCUMENT v2.4.0.6
Investments in Unconsolidated Entities (Tables)
12 Months Ended
Sep. 30, 2012
Equity Method Investments and Joint Ventures [Abstract]  
Investments in unconsolidated joint ventures, total equity and outstanding borrowings
The following table presents our investment in our unconsolidated entities, the total equity and outstanding borrowings of these unconsolidated entities, and our guarantees of these borrowings, as of September 30, 2012 and September 30, 2011:
(In thousands)
September 30, 2012
 
September 30, 2011
Beazer’s investment in unconsolidated entities
$
42,078

 
$
9,467

Total equity of unconsolidated entity
383,482

 
96,966

Total outstanding borrowings of unconsolidated entities
64,912

 
394,414

Beazer’s estimate of its maximum exposure to our repayment guarantees
696

 
17,916

For the fiscal years ended September 30, 2012, 2011, and 2010, our income (loss) from unconsolidated entity activities, the impairments of our investments in certain of our unconsolidated entities, and the overall equity in income (loss) of unconsolidated entities is as follows:
 
Fiscal Year Ended September 30,
(In thousands)
2012
 
2011
 
2010
Continuing operations:
 
 
 
 
 
Income from unconsolidated entity activity
$
304

 
$
652

 
$
10

Impairment of unconsolidated entity investment

 
(92
)
 
(8,817
)
Equity in income (loss) of unconsolidated entities - continuing operations
$
304

 
$
560

 
$
(8,807
)
Reported in loss from discontinued operations, net of tax:
 
 
 
 
 
Loss from unconsolidated entity activity
$
(1
)
 
$
(16
)
 
$
(32
)
Impairment of unconsolidated entity investment
(36
)
 
(502
)
 
(15,511
)
Equity in loss of unconsolidated entities - discontinued operations
$
(37
)
 
$
(518
)
 
$
(15,543
)