Discontinued Operations (Tables)

3 Months Ended

Dec. 31, 2014

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, 2014 and 2013 were as follows:



	Three Months Ended
	December 31,
(In thousands)	2014			2013
Total revenue	$	—		$	464
Home construction and land sales expenses (a)	3,951			1,455
Gross loss	(3,951		)	(991		)
General and administrative expenses	304			189
Operating loss	(4,255		)	(1,180		)
Other (expense) income, net	—			—
Loss from discontinued operations before income taxes	(4,255		)	(1,180		)
(Benefit from) provision for income taxes	(1		)	10
Loss from discontinued operations, net of tax	$	(4,254	)	$	(1,190	)

(a) The three months ended December 31, 2014 includes a $4.0 million accrual related to the probable liability of a case regarding alleged past construction defects in our discontinued operation in Denver, Colorado.

- 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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