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Pre-owned Homes Business
3 Months Ended
Dec. 31, 2011
Pre-owned Homes Business [Abstract]  
Pre-owned Homes Business

(13) Pre-owned Homes Business

Beazer began its pre-owned homes business for the purpose of acquiring, improving, renting and ultimately reselling, previously owned homes within select communities in markets in which we operate. We purchased our first home in March 2011. As of December 31, 2011, we owned 178 homes in Arizona and Nevada, of which 123 were leased. The cost, net of accumulated depreciation, of the previously owned homes acquired by our pre-owned homes business was $17.6 million and is reported separately and excluded from inventory. These assets are depreciated over the asset’s estimated remaining useful life. For the quarter ended December 31, 2011, our pre-owned homes business generated $385,000 of revenue and had an operating loss of $138,000.