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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended 9 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Condensed Consolidated Statements of Operations [Abstract]        
Total revenue $ 172,829 $ 321,848 $ 407,497 $ 722,407
Home construction and land sales expenses 152,124 280,058 358,413 619,521
Inventory impairments and option contract abandonments 6,870 4,973 25,331 23,303
Gross profit 13,835 36,817 23,753 79,583
Selling, general and administrative expenses 46,414 52,850 125,208 140,874
Depreciation and amortization 2,660 3,353 6,627 9,258
Operating loss (35,239) (19,386) (108,082) (70,549)
Equity in income (loss) of unconsolidated joint ventures 63 (10) 372 (8,819)
Gain (loss) on extinguishment of debt 95 (9,045) (2,909) 43,901
Other expense, net (17,085) (16,373) (46,616) (53,939)
Loss from continuing operations before income taxes (52,166) (44,814) (157,235) (89,406)
Provision (benefit) from income taxes 3,589 (21,430) 570 (116,955)
(Loss) income from continuing operations (55,755) (23,384) (157,805) 27,549
Loss from discontinued operations, net of tax (3,365) (4,432) (3,878) (2,068)
Net (loss) income $ (59,120) $ (27,816) $ (161,683) $ 25,481
Weighted average number of shares:        
Basic 73,982 68,310 73,930 55,079
Diluted 73,982 68,310 73,930 65,276
(Loss) earnings per share:        
Basic (loss) earnings per share from continuing operations $ (0.75) $ (0.34) $ (2.14) $ 0.50
Basic loss per share from discontinued operations $ (0.05) $ (0.07) $ (0.05) $ (0.04)
Basic (loss) earnings per share $ (0.80) $ (0.41) $ (2.19) $ 0.46
Diluted (loss) earnings per share from continuing operations $ (0.75) $ (0.34) $ (2.14) $ 0.44
Diluted loss per share from discontinued operations $ (0.05) $ (0.07) $ (0.05) $ (0.03)
Diluted (loss) earnings per share $ (0.80) $ (0.41) $ (2.19) $ 0.41