Discontinued Operations (Tables)

3 Months Ended

Dec. 31, 2013

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Results of Discontinued Operations

The results of our discontinued operations in the unaudited condensed consolidated statements of operations for the three months ended December 31, 2013 and 2012 were as follows:



	Three Months Ended
	December 31,
(In thousands)	2013			2012
Total revenue	$	464		$	96
Home construction and land sales expenses	1,455			94
Inventory impairments and lot option abandonments	—			17
Gross loss	(991		)	(15		)
General and administrative expenses	189			1,525
Operating loss	(1,180		)	(1,540		)
Other income, net	—			69
Loss from discontinued operations before income taxes	(1,180		)	(1,471		)
Provision for (benefit from) income taxes	10			(22		)
Loss from discontinued operations, net of tax	$	(1,190	)	$	(1,449	)

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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