2016 Q4 Form 10-Q Financial Statement
#000137367016000079 Filed on November 07, 2016
Income Statement
Concept | 2016 Q4 | 2016 Q3 | 2015 Q3 |
---|---|---|---|
Revenue | $119.8M | $91.67M | $75.20M |
YoY Change | 40.12% | 21.9% | 51.38% |
Cost Of Revenue | $90.60M | $71.00M | $59.40M |
YoY Change | 24.62% | 19.53% | 71.18% |
Gross Profit | $29.20M | $20.64M | $14.39M |
YoY Change | 72.75% | 43.49% | -3.53% |
Gross Profit Margin | 24.37% | 22.52% | 19.13% |
Selling, General & Admin | $10.50M | $4.130M | $3.385M |
YoY Change | 84.21% | 22.01% | -27.03% |
% of Gross Profit | 35.96% | 20.01% | 23.53% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $90.00K | $78.00K | $531.0K |
YoY Change | -126.47% | -85.31% | 216.07% |
% of Gross Profit | 0.31% | 0.38% | 3.69% |
Operating Expenses | $10.40M | $4.130M | $3.385M |
YoY Change | 131.11% | 22.01% | -27.03% |
Operating Profit | $18.80M | $11.26M | $7.271M |
YoY Change | 51.57% | 54.83% | 14.25% |
Interest Expense | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
% of Operating Profit | 0.0% | 0.0% | |
Other Income/Expense, Net | $400.0K | $564.0K | $402.0K |
YoY Change | -76.47% | 40.3% | |
Pretax Income | $19.10M | $11.82M | $7.142M |
YoY Change | 91.0% | 65.53% | 17.8% |
Income Tax | $6.000M | $3.657M | $1.856M |
% Of Pretax Income | 31.41% | 30.93% | 25.99% |
Net Earnings | $7.676M | $6.243M | $2.826M |
YoY Change | 63.56% | 120.91% | -23.5% |
Net Earnings / Revenue | 6.41% | 6.81% | 3.76% |
Basic Earnings Per Share | $0.16 | $0.13 | $0.06 |
Diluted Earnings Per Share | $0.16 | $0.13 | $0.06 |
COMMON SHARES | |||
Basic Shares Outstanding | 48.94M shares | 48.90M shares | 48.50M shares |
Diluted Shares Outstanding | 48.91M shares | 48.60M shares |
Balance Sheet
Concept | 2016 Q4 | 2016 Q3 | 2015 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $35.20M | $19.80M | $14.40M |
YoY Change | 76.88% | 37.5% | 102.82% |
Cash & Equivalents | $35.16M | $19.75M | $15.61M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | $410.3M | $415.2M | $318.0M |
Prepaid Expenses | |||
Receivables | $2.400M | $2.100M | $700.0K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $447.9M | $437.1M | $333.1M |
YoY Change | 21.94% | 31.22% | 3694.28% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $892.0K | $946.0K | $1.922M |
YoY Change | 11.22% | -50.78% | 3668.63% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $0.00 | $0.00 | |
YoY Change | |||
Other Assets | $72.00M | $97.00M | $85.70M |
YoY Change | -12.3% | 13.19% | |
Total Long-Term Assets | $93.08M | $117.0M | $107.0M |
YoY Change | -12.66% | 9.33% | 209762.75% |
TOTAL ASSETS | |||
Total Short-Term Assets | $447.9M | $437.1M | $333.1M |
Total Long-Term Assets | $93.08M | $117.0M | $107.0M |
Total Assets | $541.0M | $554.1M | $440.1M |
YoY Change | 14.16% | 25.9% | 4884.48% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $15.10M | $35.70M | $14.30M |
YoY Change | 11.85% | 149.65% | 54900.0% |
Accrued Expenses | $14.30M | $11.20M | $7.800M |
YoY Change | 150.88% | 43.59% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $43.50M | $62.20M | $30.50M |
YoY Change | 66.67% | 103.93% | 1369.17% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $85.90M | $91.20M | $25.40M |
YoY Change | 48.87% | 259.06% | |
Other Long-Term Liabilities | $10.10M | $12.00M | $20.20M |
YoY Change | -44.51% | -40.59% | 861.9% |
Total Long-Term Liabilities | $96.00M | $103.2M | $45.60M |
YoY Change | 26.48% | 126.32% | 2071.43% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $43.50M | $62.20M | $30.50M |
Total Long-Term Liabilities | $96.00M | $103.2M | $45.60M |
Total Liabilities | $139.5M | $165.4M | $76.09M |
YoY Change | 36.74% | 117.39% | -1458.75% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $110.9M | $103.3M | $80.55M |
YoY Change | 27.25% | 28.19% | |
Common Stock | $273.6M | $273.3M | $272.2M |
YoY Change | 0.47% | 0.4% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $384.6M | $376.6M | $352.8M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $541.0M | $554.1M | $440.1M |
YoY Change | 14.16% | 25.9% | 4901.48% |
Cashflow Statement
Concept | 2016 Q4 | 2016 Q3 | 2015 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $7.676M | $6.243M | $2.826M |
YoY Change | 63.56% | 120.91% | -23.5% |
Depreciation, Depletion And Amortization | $90.00K | $78.00K | $531.0K |
YoY Change | -126.47% | -85.31% | 216.07% |
Cash From Operating Activities | -$1.130M | $2.660M | -$9.820M |
YoY Change | -95.28% | -127.09% | 20.05% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$120.0K | -$180.0K | -$570.0K |
YoY Change | -117.39% | -68.42% | 67.65% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Cash From Investing Activities | -$120.0K | -$180.0K | -$570.0K |
YoY Change | -117.39% | -68.42% | -114.54% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -6.210M | 16.45M | 9.320M |
YoY Change | -120.1% | 76.5% | -272.27% |
NET CHANGE | |||
Cash From Operating Activities | -1.130M | 2.660M | -9.820M |
Cash From Investing Activities | -120.0K | -180.0K | -570.0K |
Cash From Financing Activities | -6.210M | 16.45M | 9.320M |
Net Change In Cash | -7.460M | 18.93M | -1.070M |
YoY Change | -197.26% | -1869.16% | -88.93% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.130M | $2.660M | -$9.820M |
Capital Expenditures | -$120.0K | -$180.0K | -$570.0K |
Free Cash Flow | -$1.010M | $2.840M | -$9.250M |
YoY Change | -95.9% | -130.7% | 17.98% |
Facts In Submission
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---|---|---|---|---|
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Current Fiscal Year End Date
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Q3 | ||
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Document Fiscal Year Focus
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2016 | ||
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Document Period End Date
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2016-09-30 | ||
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10-Q | ||
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us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
22214000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-22000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-1247000 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-3492000 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
5470000 | USD | |
us-gaap |
Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
|
-1358000 | USD | |
us-gaap |
Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
|
8380000 | USD | |
us-gaap |
Increase Decrease In Earnest Money Deposits Outstanding
IncreaseDecreaseInEarnestMoneyDepositsOutstanding
|
9965000 | USD | |
us-gaap |
Increase Decrease In Earnest Money Deposits Outstanding
IncreaseDecreaseInEarnestMoneyDepositsOutstanding
|
-3708000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
31470000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
77335000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
1143000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-866000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
764000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
24735000 | USD | |
CY2015Q3 | us-gaap |
Interest And Fee Income Loans Lease Financing
InterestAndFeeIncomeLoansLeaseFinancing
|
0 | USD |
us-gaap |
Interest And Fee Income Loans Lease Financing
InterestAndFeeIncomeLoansLeaseFinancing
|
13000 | USD | |
CY2016Q3 | us-gaap |
Interest And Fee Income Loans Lease Financing
InterestAndFeeIncomeLoansLeaseFinancing
|
0 | USD |
us-gaap |
Interest And Fee Income Loans Lease Financing
InterestAndFeeIncomeLoansLeaseFinancing
|
0 | USD | |
CY2015Q3 | us-gaap |
Interest Expense
InterestExpense
|
0 | USD |
us-gaap |
Interest Expense
InterestExpense
|
281000 | USD | |
CY2016Q3 | us-gaap |
Interest Expense
InterestExpense
|
0 | USD |
us-gaap |
Interest Paid Net
InterestPaidNet
|
2764000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | USD | |
CY2015Q4 | us-gaap |
Inventory Operative Builders
InventoryOperativeBuilders
|
344132000 | USD |
CY2016Q3 | us-gaap |
Inventory Operative Builders
InventoryOperativeBuilders
|
415242000 | USD |
CY2015Q4 | us-gaap |
Inventory Operative Builders Other
InventoryOperativeBuildersOther
|
6193000 | USD |
CY2016Q3 | us-gaap |
Inventory Operative Builders Other
InventoryOperativeBuildersOther
|
3481000 | USD |
CY2015Q3 | us-gaap |
Land Sales
LandSales
|
6033000 | USD |
us-gaap |
Land Sales
LandSales
|
26442000 | USD | |
CY2016Q3 | us-gaap |
Land Sales
LandSales
|
3843000 | USD |
us-gaap |
Land Sales
LandSales
|
12377000 | USD | |
CY2015Q4 | us-gaap |
Land Under Purchase Options Recorded
LandUnderPurchaseOptionsRecorded
|
16214000 | USD |
CY2016Q3 | us-gaap |
Land Under Purchase Options Recorded
LandUnderPurchaseOptionsRecorded
|
10712000 | USD |
CY2015Q4 | us-gaap |
Liabilities
Liabilities
|
102021000 | USD |
CY2016Q3 | us-gaap |
Liabilities
Liabilities
|
165415000 | USD |
CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
473876000 | USD |
CY2016Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
554114000 | USD |
CY2015 | us-gaap |
Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
|
0 | USD |
us-gaap |
Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
|
0 | USD | |
CY2015Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
47500000 | USD |
CY2016Q3 | us-gaap |
Line Of Credit
LineOfCredit
|
81500000 | USD |
CY2015Q4 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
47500000 | USD |
CY2016Q3 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
81500000 | USD |
CY2015Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
0 | USD |
CY2016Q3 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
0 | USD |
CY2015Q4 | us-gaap |
Minority Interest
MinorityInterest
|
12323000 | USD |
CY2016Q3 | us-gaap |
Minority Interest
MinorityInterest
|
12107000 | USD |
CY2016Q3 | us-gaap |
Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
|
0.50 | |
CY2016Q3 | us-gaap |
Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
|
0.50 | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
12854000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
27346000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
2106000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-343000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-21998000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-28456000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2826000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
10632000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
6243000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
16080000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
2460000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
7846000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1922000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
5993000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
2826000 | USD |
us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
10632000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
6243000 | USD |
us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
16080000 | USD | |
CY2015Q4 | us-gaap |
Notes Payable
NotesPayable
|
10158000 | USD |
CY2016Q3 | us-gaap |
Notes Payable
NotesPayable
|
9713000 | USD |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | segment | |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | segment | |
CY2015Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
7271000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
24840000 | USD | |
CY2016Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
11336000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
29212000 | USD | |
CY2015Q4 | us-gaap |
Other Assets
OtherAssets
|
5819000 | USD |
CY2016Q3 | us-gaap |
Other Assets
OtherAssets
|
4953000 | USD |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
343000 | USD | |
us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
6423000 | USD | |
us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
9130000 | USD | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
42460000 | USD | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
63000000 | USD | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
87000 | USD | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
2921000 | USD | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
3206000 | USD | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
1425000 | USD | |
us-gaap |
Proceeds From Sale Of Lease Receivables
ProceedsFromSaleOfLeaseReceivables
|
2768000 | USD | |
us-gaap |
Proceeds From Sale Of Lease Receivables
ProceedsFromSaleOfLeaseReceivables
|
0 | USD | |
CY2015Q3 | us-gaap |
Profit Loss
ProfitLoss
|
5286000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
18478000 | USD | |
CY2016Q3 | us-gaap |
Profit Loss
ProfitLoss
|
8165000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
22073000 | USD | |
CY2015Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
802000 | USD |
CY2016Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
946000 | USD |
CY2015Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
402000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
1008000 | USD | |
CY2016Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
564000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2400000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
662000 | USD | |
CY2014Q4 | us-gaap |
Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
|
3713000 | USD |
CY2015Q2 | us-gaap |
Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
|
9854000 | USD |
CY2015Q3 | us-gaap |
Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
|
10355000 | USD |
CY2015Q4 | us-gaap |
Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
|
9085000 | USD |
CY2016Q2 | us-gaap |
Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
|
8909000 | USD |
CY2016Q3 | us-gaap |
Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
|
9105000 | USD |
CY2015Q3 | us-gaap |
Real Estate Inventory Capitalized Interest Costs Cost Of Sales
RealEstateInventoryCapitalizedInterestCostsCostOfSales
|
1389000 | USD |
us-gaap |
Real Estate Inventory Capitalized Interest Costs Cost Of Sales
RealEstateInventoryCapitalizedInterestCostsCostOfSales
|
2315000 | USD | |
CY2016Q3 | us-gaap |
Real Estate Inventory Capitalized Interest Costs Cost Of Sales
RealEstateInventoryCapitalizedInterestCostsCostOfSales
|
546000 | USD |
us-gaap |
Real Estate Inventory Capitalized Interest Costs Cost Of Sales
RealEstateInventoryCapitalizedInterestCostsCostOfSales
|
2247000 | USD | |
CY2015Q3 | us-gaap |
Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
|
1890000 | USD |
us-gaap |
Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
|
9238000 | USD | |
CY2016Q3 | us-gaap |
Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
|
742000 | USD |
us-gaap |
Real Estate Inventory Capitalized Interest Costs Incurred
RealEstateInventoryCapitalizedInterestCostsIncurred
|
2267000 | USD | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
42561000 | USD | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
29000000 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
3898000 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
1870000 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
150000000 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
0 | USD | |
CY2015Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
94000 | USD |
CY2016Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
24829000 | USD |
CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
87177000 | USD |
CY2016Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
103257000 | USD |
CY2015Q3 | us-gaap |
Revenues
Revenues
|
75198000 | USD |
CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
100000 | shares |
CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
7.49 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
0 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
0 | shares | |
us-gaap |
Revenues
Revenues
|
205637000 | USD | |
CY2016Q3 | us-gaap |
Revenues
Revenues
|
91670000 | USD |
CY2015Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
8.73 | |
CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
7.51 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
89000 | shares | |
us-gaap |
Revenues
Revenues
|
260564000 | USD | |
CY2015Q3 | us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
5062000 | USD |
us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
14571000 | USD | |
CY2016Q3 | us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
6587000 | USD |
us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
19506000 | USD | |
CY2015Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
3385000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
9700000 | USD | |
CY2016Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
4334000 | USD |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
12792000 | USD | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
|
0 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
|
0.00 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
103761 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
7.47 | ||
CY2015Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
23000 | shares |
CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
38000 | shares |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
|
7.78 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
0 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0.00 | ||
CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
385000 | USD |
CY2015Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
500000 | shares |
CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
500000 | shares |
CY2015Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
7.49 | |
CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
7.49 | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.00 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
0.00 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.00 | ||
CY2015Q3 | us-gaap |
Share Price
SharePrice
|
10.00 | |
CY2016Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
77000 | USD |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P8Y0M26D | ||
CY2015Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
400000 | shares |
CY2016Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
400000 | shares |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
|
0 | shares | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
|
0.00 | ||
CY2015Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
2.88 | |
CY2016Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
2.88 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P8Y0M26D | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
0 | shares | |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
0 | shares | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
0 | USD | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
37125000 | shares | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
|
0.00 | ||
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
491000 | USD | |
CY2016Q1 | us-gaap |
Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
|
1000000 | shares |
us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
0 | shares | |
CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
359532000 | USD |
CY2016Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
376592000 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
181597000 | USD |
CY2015Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
365973000 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
371855000 | USD |
CY2016Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
388699000 | USD |
CY2015Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
100000 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
36000 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
8000 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
3000 | shares | |
CY2015Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
48595000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
37161000 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
48907000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
48871000 | shares | |
CY2015Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
48495000 | shares |
CY2016Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
48899000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
48868000 | shares | |
us-gaap |
Reclassifications
Reclassifications
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Reclassifications</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Beginning in the third quarter of 2015, model home furnishings were reclassified from property and equipment, net in the condensed consolidated balance sheet to inventory. Depreciation of model home furnishings for the three and </font><font style="font-family:inherit;font-size:10pt;">nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September 30, 2015</font><font style="font-family:inherit;font-size:10pt;"> has been reclassified from depreciation and amortization expense in the accompanying condensed consolidated statements of income to cost of residential units to conform to the current period presentation.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash related to refundable customer deposits, which are not held in escrow, has been reclassified from restricted cash in the accompanying condensed consolidated balance sheets as of December 31, 2015 and the accompanying condensed consolidated statements of cash flows for the </font><font style="font-family:inherit;font-size:10pt;">nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September 30, 2015</font><font style="font-family:inherit;font-size:10pt;"> to cash and cash equivalents to conform to the current period presentation.</font></div></div> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Use of Estimates</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the condensed consolidated financial statements in conformity with GAAP requires the Company to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes, including the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from those estimates.</font></div></div> |