WCI Communities 10-Q 12 Nov 13 2013 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2013	Nov. 12, 2013
Document and Entity Information	'	'
Entity Registrant Name	'WCI Communities, Inc.	'
Entity Central Index Key	'0001574532	'
Document Type	'10-Q	'
Document Period End Date	30-Sep-13	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Non-accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	25,869,148
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q3	'

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Assets	'	'
Cash and cash equivalents	$201,835	$81,094
Restricted cash	7,992	10,875
Notes and accounts receivable	2,381	5,672
Real estate inventories	277,019	183,168
Property and equipment, net	24,019	24,313
Other assets	16,023	17,789
Income tax receivable	81	16,831
Goodwill	7,520	7,520
Total assets	536,870	347,262
Liabilities and Equity	'	'
Accounts payable and other liabilities	39,872	40,007
Customer deposits	23,237	15,921
Senior secured term notes	'	122,729
Senior notes	200,000	'
Total liabilities	263,109	178,657
Commitments and contingencies (Note 14)	'	'
WCI Communities, Inc. shareholders' equity:	'	'
Common stock, $0.01 par value; 150,000,000 shares authorized, 25,795,085 shares issued and 25,768,048 shares outstanding at September 30, 2013; 18,072,169 shares issued and 18,045,132 shares outstanding at December 31, 2012	258	181
Additional paid-in capital	297,625	203,833
Accumulated deficit	-26,214	-37,664
Treasury stock, at cost, 27,037 shares at September 30, 2013 and December 31, 2012	-196	-196
Total WCI Communities, Inc. shareholders' equity	271,473	166,154
Noncontrolling interests in consolidated joint ventures	2,288	2,451
Total equity	273,761	168,605
Total liabilities and equity	536,870	347,262
Series A preferred stock	'	'
WCI Communities, Inc. shareholders' equity:	'	'
Preferred stock	'	'
Series B preferred stock	'	'
WCI Communities, Inc. shareholders' equity:	'	'
Preferred stock	'	'

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Preferred stock, par value (in dollars per share)	$0.01	$0.01
Preferred stock, shares authorized	15,000,000	20,000
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized	150,000,000	150,000,000
Common stock, shares issued	25,795,085	18,072,169
Common stock, shares outstanding	25,768,048	18,045,132
Treasury stock, shares	27,037	27,037
Series A preferred stock	'	'
Preferred stock, par value (in dollars per share)	$0.01	$0.01
Preferred stock, shares issued	0	10,000
Preferred stock, shares outstanding	0	10,000
Series B preferred stock	'	'
Preferred stock, par value (in dollars per share)	$0.01	$0.01
Preferred stock, shares issued	0	1
Preferred stock, shares outstanding	0	1

Consolidated_Statements_of_Ope

Consolidated Statements of Operations (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Revenues	'	'	'	'
Homebuilding	$60,802	$33,524	$145,054	$64,980
Real estate services	20,524	16,863	60,915	55,537
Amenities	4,192	3,778	16,620	15,241
Total revenues	85,518	54,165	222,589	135,758
Cost of Sales	'	'	'	'
Homebuilding	42,992	21,357	100,621	44,774
Real estate services	19,656	16,918	57,762	53,963
Amenities	5,713	5,095	18,343	17,134
Total cost of sales	68,361	43,370	176,726	115,871
Gross margin	17,157	10,795	45,863	19,887
Other income	-29	-826	-1,249	-1,994
Selling, general and administrative expenses	10,279	7,399	29,007	21,070
Interest expense	184	982	1,798	5,997
Expenses related to early repayment of debt	5,105	'	5,105	16,984
Total S, G & A and other income (expense)	15,539	7,555	34,661	42,057
Income (loss) from continuing operations before income taxes	1,618	3,240	11,202	-22,170
Income tax benefit from continuing operations	'	51,313	85	52,250
Income from continuing operations	1,618	54,553	11,287	30,080
Income from discontinued operations, net of tax	'	17	'	118
Gain on sale of discontinued operations, net of tax	'	1,192	'	2,588
Net income	1,618	55,762	11,287	32,786
Net loss from continuing operations attributable to noncontrolling interests	340	261	163	119
Net income attributable to WCI Communities, Inc.	1,958	56,023	11,450	32,905
Preferred stock dividends	-18,980	'	-19,680	'
Net income (loss) attributable to common shareholders of WCI Communities, Inc.	-17,022	56,023	-8,230	32,905
Basic	'	'	'	'
Continuing operations (in dollars per share)	($0.71)	$3.06	($0.41)	$2.28
Discontinued operations (in dollars per share)	'	$0.07	'	$0.20
Earnings (loss) per share (in dollars per share)	($0.71)	$3.13	($0.41)	$2.48
Diluted	'	'	'	'
Continuing operations (in dollars per share)	($0.71)	$3.05	($0.41)	$2.27
Discontinued operations (in dollars per share)	'	$0.07	'	$0.20
Earnings (loss) per share (in dollars per share)	($0.71)	$3.12	($0.41)	$2.47
Weighted average number of shares of common stock outstanding:	'	'	'	'
Basic (in shares)	24,138	17,888	20,099	13,273
Diluted (in shares)	24,138	17,944	20,099	13,307
Net income attributable to WCI Communities, Inc.:	'	'	'	'
Income from continuing operations	1,958	54,814	11,450	30,199
Income from discontinued operations	'	1,209	'	2,706
Net income attributable to WCI Communities, Inc.	$1,958	$56,023	$11,450	$32,905

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Operating activities	'	'
Net income	$11,287	$32,786
Adjustments to reconcile net income to net cash used in operating activities:	'	'
Amortization of debt issuance costs	462	332
Amortization of debt discounts	243	1,389
Expenses related to early repayment of debt	5,105	16,984
Non-cash addition to senior subordinated secured term loan for PIK interest	'	6,930
Non-cash change in unrecognized tax benefit	'	-50,498
Depreciation	1,513	1,540
Provision for bad debts	270	286
Gain on sale of discontinued operations	'	-4,265
(Gain) loss on sale of property and equipment	69	-87
Stock-based and other non-cash long-term incentive compensation expense	4,312	541
Changes in assets and liabilities:	'	'
Restricted cash	2,883	-2,847
Notes and accounts receivable	3,021	-1,622
Real estate inventories	-94,772	-34,797
Other assets	4,496	876
Income tax receivable	16,750	'
Accounts payable and other liabilities	1,362	276
Customer deposits	7,316	11,002
Net cash used in operating activities	-35,683	-21,174
Investing activities	'	'
Distribution of capital from unconsolidated joint venture	577	'
Additions to property and equipment	-1,525	-819
Proceeds from the sale of discontinued operations	'	10,069
Net cash (used in) provided by investing activities	-948	9,250
Financing activities	'	'
Proceeds from the issuance of common stock, net	90,257	48,260
Proceeds from the issuance of senior notes	200,000	'
Proceeds from the issuance of senior secured term notes, net	'	122,500
Repayment on senior secured term notes	-126,250	'
Repayment on senior subordinated secured term loan	'	-162,412
Payments of debt issuance costs	-5,597	-2,492
Payments on community development district obligations	-338	-569
Payment of preferred stock dividend	-700	'
Purchase of treasury stock	'	-41
Net cash provided by financing activities	157,372	5,246
Net increase (decrease) in cash and cash equivalents	120,741	-6,678
Cash and cash equivalents at the beginning of the period	81,094	43,350
Cash and cash equivalents at the end of the period	$201,835	$36,672

Organization_and_Description_o

Organization and Description of the Business	9 Months Ended
	Sep. 30, 2013
Organization and Description of the Business	'
Organization and Description of the Business	'
	1. Organization and Description of the Business
	WCI Communities, Inc. is a lifestyle community developer and luxury homebuilder in several of Florida’s coastal markets.  Unless the context otherwise requires, the terms “we,” “us,” “our,” “WCI” and the “Company” refer to WCI Communities, Inc. and its subsidiaries.  Our business is organized into three operating segments: homebuilding, real estate services, and amenities. Our homebuilding operations design, sell, and build single- and multi-family homes targeting move-up, second-home, and active adult buyers.  Our real estate services businesses include real estate brokerage and title services. Our amenities operations own and operate golf courses and country clubs, marinas and resort-style amenity facilities within many of our communities.
	On August 4, 2008, WCI’s predecessor company and certain subsidiaries (the “Debtors”) filed voluntary petitions for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware. The Debtors filed a joint plan of reorganization (the “Reorganization”), which was declared effective on September 3, 2009, and the Debtors emerged from bankruptcy on that date. In conjunction with the emergence from bankruptcy, the Company was formed as a holding company that owns 100% of the equity in WCI Communities, LLC and WCI Communities Management, LLC.
	On July 22, 2013, the Company filed with the Secretary of State of the state of Delaware an amendment to its then existing amended and restated certificate of incorporation to effectuate (i) a 10.3 for 1 stock split of its common stock and (ii) an increase of its authorized capital stock to 150,000,000 shares of common stock and 15,000,000 shares of preferred stock.  In addition, on July 24, 2013, the Company filed with the Secretary of State of the state of Delaware a new amended and restated certificate of incorporation, which, among other things, converted all of the Company’s Series A, B, C, D and E common stock into a single class of common stock.
	On July 30, 2013, the Company completed its initial public offering (the “IPO”), issuing 6,819,091 shares of its common stock, par value $0.01 per share, at a price to the public of $15.00 per share.  The shares are traded on the New York Stock Exchange under the ticker symbol “WCIC.” The net proceeds from the sale of common stock in the IPO were $90.3 million after deducting underwriting discounts and offering expenses payable by the Company. The Company intends to use the net proceeds from the offering for general corporate purposes, including the acquisition and development of land and home construction.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2013
Summary of Significant Accounting Policies	'
Summary of Significant Accounting Policies	'
	2. Summary of Significant Accounting Policies
	Basis of Presentation
	The accompanying unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”), as contained in the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) for interim financial information and the instructions to Form 10-Q and Article 10 of Regulation S-X, as promulgated by the Securities and Exchange Commission.  Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements.  In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included.  Operating results for the three and nine months ended September 30, 2013 are not necessarily indicative of the results that may be expected for the year ending December 31, 2013 due to, among other things, the seasonal nature of our business.
	The consolidated balance sheet at December 31, 2012 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by GAAP for complete financial statements. For further information, refer to the consolidated financial statements and footnotes thereto included in our Registration Statement filing on Form S-1 (File No. 333-188866), as amended, made effective on July 24, 2013.
	The consolidated financial statements include the accounts of the Company, its wholly owned subsidiaries and certain joint ventures, which are not variable interest entities (“VIEs”) as defined under ASC 810, Consolidation (“ASC 810”), but which the Company has the ability to exercise control. In accordance with ASC 323, Investments — Equity Method and Joint Ventures (“ASC 323”), the equity method of accounting is applied to those investments in joint ventures that are not VIEs and the Company has either less than a controlling interest, substantive participating rights, or is not the primary beneficiary, as defined in ASC 810. All material intercompany balances and transactions have been eliminated in consolidation.
	The operations of the Company involve real estate development and sales and it is not possible to precisely measure the duration of the operating cycle of the Company. The accompanying consolidated balance sheets of the Company have been prepared on an unclassified basis in accordance with real estate industry practice.
	All share and per-share amounts of the Company’s common stock have been retroactively adjusted in the accompanying unaudited consolidated financial statements to reflect the abovementioned stock split, the new authorized share amounts and the conversion of our Series A, B, C, D and E common stock into a single class of common stock (Note 1).
	Use of Estimates
	The preparation of the Company’s consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the amounts of assets and liabilities reported at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could significantly differ from these estimates.
	Recently Issued Accounting Pronouncements
	In July 2013, the FASB issued Accounting Standards Update No. 2013-11, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists (“ASU 2013-11”), which provides guidance on the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax carryforward exists. Under ASU 2013-11, an unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit, except as follows. To the extent a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position or the tax law of the applicable jurisdiction does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. ASU 2013-11 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. The adoption of this guidance, which is related to financial statement presentation only, is not expected to have a material effect on our consolidated financial position or results of operations.

Real_Estate_Inventories_and_Ca

Real Estate Inventories and Capitalized Interest	9 Months Ended
	Sep. 30, 2013
Real Estate Inventories and Capitalized Interest	'
Real Estate Inventories and Capitalized Interest	'
	3. Real Estate Inventories and Capitalized Interest
	Real estate inventories consisted of the following:
		September 30,			December 31,
		2013			2012
		(in thousands)
	Land and land improvements held for development or sale	$	200,113		$	140,048
	Work in progress	43,122			18,943
	Completed inventories	24,542			15,005
	Investments in amenities	9,242			9,172
	Total real estate inventories	$	277,019		$	183,168
	Work in progress includes homes and related home site costs in various stages of construction. Completed inventories consist of model homes and related home site costs used to facilitate sales and homes with certificates of occupancy.  As of September 30, 2013 and December 31, 2012, the carrying value of land and land improvements held for sale was $1.8 million.
	As of September 30, 2013 and December 31, 2012, single- and multi-family inventories represented approximately 89% and 84%, respectively, of total real estate inventories. Additionally, as of September 30, 2013 and December 31, 2012, high-rise inventories, which consisted of land and land improvements only, represented approximately 8% and 11%, respectively, of total real estate inventories.
	Capitalized interest is summarized as follows:
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
		(in thousands)
	Capitalized interest, beginning of period	$	11,685		$	4,689		$	7,959		$	1,014
	Interest incurred	3,644			3,600			10,547			12,730
	Interest expensed	(184		)	(982		)	(1,798		)	(5,997		)
	Interest charged to cost of sales	(1,317		)	(556		)	(2,880		)	(996		)
	Capitalized interest, end of period	$	13,828		$	6,751		$	13,828		$	6,751

Property_and_Equipment_net

Property and Equipment, net	9 Months Ended
	Sep. 30, 2013
Property and Equipment, net	'
Property and Equipment, net	'
	4. Property and Equipment, net
	Property and equipment, net consisted of the following:
		Estimated
		Useful Life	September 30,			December 31,
		(In Years)	2013			2012
			(in thousands)
	Land and improvements	10 to 15	$	13,869		$	13,922
	Buildings and improvements	5 to 40	13,958			14,100
	Furniture, fixtures, and equipment	2 to 15	5,556			4,757
			33,383			32,779
	Accumulated depreciation		(9,364		)	(8,466		)
	Property and equipment, net		$	24,019		$	24,313
	Amenities assets, net of accumulated depreciation, included in property and equipment, net above were $21.8 million and $22.2 million as of September 30, 2013 and December 31, 2012, respectively.

Other_Assets

Other Assets	9 Months Ended
	Sep. 30, 2013
Other Assets	'
Other Assets	'
	5. Other Assets
	Other assets are summarized in the table below.
		September 30,		December 31,
		2013		2012
		(in thousands)
	Debt issuance costs	$	5,589	$	2,282
	Prepaid expenses	5,019		3,640
	Cash held by community development districts (Note 9)	2,635		3,518
	Cash deposits for letters of credit and surety bonds	814		3,857
	Investments in unconsolidated joint ventures (Note 6)	—		700
	Other	1,966		3,792
	Total other assets	$	16,023	$	17,789
	Cash paid for debt issuance costs aggregated $5.6 million and $2.5 million during the nine months ended September 30, 2013 and 2012, respectively.  During such periods, we wrote-off $1.8 million and $2.0 million, respectively, of net debt issuance costs, primarily as a result of our early repayment of debt.

Investments_in_Unconsolidated_

Investments in Unconsolidated Joint Ventures	9 Months Ended
	Sep. 30, 2013
Investments in Unconsolidated Joint Ventures	'
Investments in Unconsolidated Joint Ventures	'
	6. Investments in Unconsolidated Joint Ventures
	Investments in unconsolidated joint ventures represent our ownership interest in real estate development and mortgage lending services, which are not considered VIEs, and are accounted for under the equity method, in accordance with ASC 323, when we have less than a controlling interest and significant influence, or are not the primary beneficiary, as defined in ASC 810. While we have a 51% ownership in Pelican Landing Timeshare Ventures, the noncontrolling interest has substantive participating rights relating to operating decisions of the venture and, therefore, we account for our investment under the equity method.
	Our investments in unconsolidated joint ventures are summarized in the table below.
				Percentage of Ownership
				September 30,		December 31,
	Name of Joint Venture	Description		2013		2012
	Pelican Landing Timeshares Ventures (“Pelican Landing”)	Multi-family timeshare units - Bonita Springs, Florida		51	%	51	%
	Florida Home Finance Group LLC (“FHFG”)	Mortgage banking operations		—		49.9	%
	In conjunction with our Reorganization and in accordance with ASC 852, Reorganizations (“ASC 852”), we revalued our investments in unconsolidated joint ventures to fair value, which resulted in our carrying value in Pelican Landing being written down to zero and our carrying value in FHFG being increased by $2.0 million.  These fair values were determined primarily using a discounted cash flow model to value the underlying net assets of the respective joint ventures. The Company records its investments in unconsolidated joint ventures in other assets in the accompanying unaudited consolidated balance sheets (Note 5).
	The table below summarizes the Company’s equity in earnings from unconsolidated joint ventures, which is recorded in other income in the accompanying unaudited consolidated statements of operations.
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
		(in thousands)
	Equity in earnings (loss) from unconsolidated joint ventures	$	—		$	92		$	(41	)	$	219
	Our share of net earnings or losses is based upon our ownership interest. Pelican Landing incurred net losses for the years 2010 through 2012 and for the nine months ended September 30, 2013; therefore, in accordance with ASC 323, we have discontinued applying the equity method for our share of the net losses, as Pelican Landing’s return to profitability is not assured. We may be required to make additional cash contributions to the joint venture to avoid the loss of all or a portion of our interest in such venture. Although Pelican Landing does not have outstanding debt, the partners may agree to incur debt to fund partnership and joint operations in the future.
	The basis differences between the carrying values of our investments in each joint venture and the respective equity in the joint venture is primarily attributable to the discontinuation of the equity method for Pelican Landing and the fair value adjustments discussed above. At September 30, 2013 and December 31, 2012, our investment basis in the joint ventures is less than our ownership share of the capital on the partnerships’ books by $5.4 million and $6.1 million, respectively.
	During April 2013, FHFG was dissolved and liquidated and the Company received a cash payment of $0.6 million, representing the return of its investment in the joint venture.
	Condensed combined financial information of our unconsolidated joint ventures is summarized in the tables below.
		September 30,			December 31,
		2013			2012
		(in thousands)
	Assets
	Real estate investments	$	5,018		$	5,285
	Other assets	6,448			10,535
	Total assets	$	11,466		$	15,820
	Liabilities and partners’ capital
	Total liabilities	$	797		$	2,474
	Capital - other partners	5,228			6,553
	Capital - the Company	5,441			6,793
	Total liabilities and partners’ capital	$	11,466		$	15,820
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
		(in thousands)
	Combined results of operations
	Revenues	$	438		$	1,418		$	1,722		$	4,740
	Net loss	$	(477	)	$	(205	)	$	(1,356	)	$	(293	)

Discontinued_Operations

Discontinued Operations	9 Months Ended
	Sep. 30, 2013
Discontinued Operations	'
Discontinued Operations	'
	7. Discontinued Operations
	Under ASC 205-20, Discontinued Operations (“ASC 205-20”), our retained and operated amenities classified as assets held for sale qualified as discontinued operations and the respective results of operations are required to be reported separately from continuing operations in the accompanying unaudited consolidated statements of operations.  We had no amenities assets held for sale at either September 30, 2013 or December 31, 2012.
	During May 2012, we sold a sports amenity club for $5.5 million (excluding closing costs) and recorded a pretax profit of $2.3 million.  During August 2012, we sold a sports amenity club for $5.9 million and recorded a pretax profit of $2.0 million.
	The results from our discontinued operations are summarized in the table below.
		Three Months Ended					Nine Months Ended
		September 30,					September 30,
		2013		2012			2013		2012
		(in thousands)
	Revenues	$	—	$	290		$	—	$	2,177
	Income from discontinued operations before income taxes	$	—	$	31		$	—	$	195
	Income tax expense	—		(14		)	—		(77		)
	Income from discontinued operations, net of tax	$	—	$	17		$	—	$	118
	Gain on sale of discontinued operations before income taxes	$	—	$	1,993		$	—	$	4,265
	Income tax expense	—		(801		)	—		(1,677		)
	Gain on sale of discontinued operations, net of tax	$	—	$	1,192		$	—	$	2,588

Accounts_Payable_and_Other_Lia

Accounts Payable and Other Liabilities	9 Months Ended
	Sep. 30, 2013
Accounts Payable and Other Liabilities	'
Accounts Payable and Other Liabilities	'
	8. Accounts Payable and Other Liabilities
	Accounts payable and other liabilities are summarized in the table below.
		September 30,		December 31,
		2013		2012
		(in thousands)
	Accounts payable	$	14,135	$	14,630
	Community development district obligations (Note 9)	8,187		9,680
	Deferred income	4,928		7,114
	Warranty reserves (Note 10)	1,375		1,077
	Accrued interest	2,106		676
	Other	9,141		6,830
	Total accounts payable and other liabilities	$	39,872	$	40,007

Community_Development_District

Community Development District Obligations	9 Months Ended
	Sep. 30, 2013
Community Development District Obligations	'
Community Development District Obligations	'
	9. Community Development District Obligations
	A community development district or similar development authority (“CDD”) is a unit of local government created under various state and/or local statutes to encourage planned community development and to allow for the construction and maintenance of long-term infrastructure through alternative financing sources, including the tax-exempt markets. A CDD is generally created through the approval of the local city or county in which the CDD is located and is controlled by a Board of Supervisors representing the landowners within the CDD. In connection with the development of certain communities, CDDs may utilize bond financing to fund construction or acquisition of certain on-site or off-site infrastructure improvements near or within these communities. CDDs are also granted the power to levy assessments and user fees on the properties benefiting from the improvements financed by the bond offerings. We pay a portion of the assessments and user fees levied by the CDDs on the properties we own that are benefited by the improvements. We may also agree to repay a specified portion of the bonds at the time of each unit or parcel closing.
	The obligation to pay principal and interest on the bonds issued by the CDD is assigned to each parcel within the CDD and the CDD has a lien on each parcel at the time the CDD adopts its fees and assessments for the applicable fiscal year.  If the owner of the parcel does not pay this obligation, the CDD can foreclose on the lien. The bonds, including interest and redemption premiums, if any, and the associated lien on the property are typically payable, secured, and satisfied by revenues, fees, or assessments levied on the property benefited.
	In connection with the development of certain of our communities, CDDs have been established and bonds have been issued to finance a portion of the related infrastructure. There are two primary types of bonds issued by a CDD, type “A” or “B,” which are used to reimburse us for construction or acquisition of certain infrastructure improvements. The “A” bond is the portion of a bond offering that is ultimately intended to be assumed by the end-user (homeowner) and the “B” bond is our obligation.
	The total amount of CDD bond obligations issued and outstanding with respect to our communities was $33.3 million and $35.2 million as of September 30, 2013 and December 31, 2012, respectively, which represent outstanding amounts payable from all landowners within our communities. The CDD bond obligations outstanding as of September 30, 2013, mature from 2014 to 2034. As of September 30, 2013 and December 31, 2012, we have recorded CDD bond obligations of $8.2 million and $9.7 million, respectively, net of debt discounts of $1.7 million and $2.3 million, respectively, which represents the estimated amount of bond obligations that we may be required to pay based on our proportionate share of property owned within our communities.
	We record a liability related to the “A” bonds for the estimated developer obligations that are probable and estimable and user fees that are required to be paid or transferred at the time the parcel or unit is sold to an end user. We reduce this liability by the corresponding assessment assumed by property purchasers and the amounts paid by us at the time of closing and the transfer of the property. We record a liability related to the “B” bonds, net of cash held by the districts that may be used to reduce our district obligations, for the full amount of the developer obligations that are fixed and determinable and user fees that are required to be paid at the time the parcel or unit is sold to an end user. We reduce this liability by the corresponding assessments paid by us at the time of closing of the property.
	Our proportionate share of cash held by CDDs was $2.8 million and $3.7 million as of September 30, 2013 and December 31, 2012, respectively. Cash related to our share of the “A” bonds, which do not have a right of setoff on our CDD bond obligations, was $2.6 million and $3.5 million as of September 30, 2013 and December 31, 2012, respectively, and was included in other assets in the accompanying unaudited consolidated balance sheets (Note 5). As of September 30, 2013 and December 31, 2012, cash related to the “B” bonds, which has a right of setoff, was $0.2 million and is recorded as a reduction of our CDD bond obligations.
	In April 2013, we acquired property, which was secured by an existing CDD obligation, and the related $24.0 million of CDD bonds issued and outstanding.  Therefore, we are both an owner of property subject to a CDD obligation, as well as the holder of the related CDD bonds.  In accordance with ASC Subtopic 405-20, Extinguishments of Liabilities (“ASC 405-20”), we accounted for the existing CDD obligation as a debt extinguishment to the extent of our obligation to repay the related CDD bond obligations.  As a result, $23.6 million of the $24.0 million existing CDD obligation, which relates to the property owned by us, is not recorded as a CDD obligation on our unaudited consolidated balance sheet at September 30, 2013.  We intend to reissue and sell, all or a portion of, the $24.0 million of CDD bonds in the future and will record our proportionate share of the related CDD obligation at that time.

Warranty_Reserves

Warranty Reserves	9 Months Ended
	Sep. 30, 2013
Warranty Reserves	'
Warranty Reserves	'
	10. Warranty Reserves
	The table below presents the activity related to our warranty reserves, which are included in accounts payable and other liabilities in the accompanying unaudited consolidated balance sheets.
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
		(in thousands)
	Warranty reserves, beginning of the period	$	1,202		$	775		$	1,077		$	840
	Additions to reserves for new home deliveries(1)	308			171			744			308
	Warranty costs paid	(162		)	(106		)	(394		)	(304		)
	Adjustments related to pre-existing reserves(1)(2)	27			5			(52		)	1
	Warranty reserves, end of the period	$	1,375		$	845		$	1,375		$	845
	(1)         The net effect of $0.3 million and $0.2 million for the three months ended September 30, 2013 and 2012, respectively, are included in homebuilding cost of sales in the accompanying unaudited consolidated statements of operations. The corresponding amounts for the nine months ended September 30, 2013 and 2012 were $0.7 million and $0.3 million, respectively.
	(2)         Adjustments related to pre-existing reserves relate to changes in our anticipated warranty payments on previously delivered homes.

Debt_Obligations

Debt Obligations	9 Months Ended
	Sep. 30, 2013
Debt Obligations	'
Debt Obligations	'
	11. Debt Obligations
	Our debt obligations consist of the following:
		September 30,		December 31,
		2013		2012
		(in thousands)
	Senior notes due 2021	$	200,000	$	—
	Senior secured term notes due 2017, net	—		122,729
	$75.0 million unsecured revolving credit facility	—		—
	$10.0 million secured revolving credit facility	—		—
	Total debt obligations	$	200,000	$	122,729
	During August 2013, the Company completed the issuance of $200.0 million in aggregate principal amount of 6.875% Senior Notes due 2021 (the “2021 Notes”).  The 2021 Notes were offered and sold in a private transaction either to “qualified institutional buyers” pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), or to persons outside the United States under Regulation S of the Securities Act.  The net proceeds from the offering of the 2021 Notes (the “Notes Offering”) were $195.5 million after deducting fees and expenses.  The Company used $127.0 million of the net proceeds from the Notes Offering to voluntarily prepay the entire outstanding principal amount of its Senior Secured Term Notes due 2017 (the “2017 Notes”), of which $125.0 million in aggregate principal amount was issued and outstanding, at a price equal to 101% of the principal amount, plus accrued and unpaid interest.  We intend to use the remainder of the net proceeds from the Notes Offering for general corporate purposes, including the acquisition and development of land and home construction.  In connection with the voluntary prepayment of the 2017 Notes, $3.9 million of unamortized debt issuance costs and debt discount was written-off during the three and nine months ended September 30, 2013.
	The 2021 Notes are senior unsecured obligations of the Company that are fully and unconditionally guaranteed on a senior unsecured basis by certain of the Company’s existing and future Restricted Subsidiaries (as defined in the Indenture), excluding the Company’s immaterial subsidiaries and mortgage subsidiaries (the “Guarantors”).  The 2021 Notes were issued pursuant to an indenture (the “Indenture”), dated as of August 7, 2013, by and among the Company, the Guarantors named therein and Wilmington Trust, National Association, as trustee.  The Indenture contains covenants, that limit, among other things, the Company’s ability and the ability of its Restricted Subsidiaries to: (i) incur additional indebtedness; (ii) declare or pay dividends, redeem stock or make other distributions to holders of capital stock; (iii) make investments; (iv) create liens; (v) pay dividends or make other payments to the Company; (vi) merge or consolidate, or sell, transfer, lease or dispose of substantially all of its assets; and (vii) enter into transactions with affiliates.  These covenants are subject to a number of important qualifications described in the Indenture.
	The 2021 Notes bear interest at the rate of 6.875% per annum, payable semi-annually in arrears on February 15 and August 15 of each year.  The 2021 Notes mature on August 15, 2021 at which time the entire $200.0 million of principal is due and payable.  At any time on or after August 15, 2016, the 2021 Notes are redeemable at the Company’s option, in whole or in part, at the redemption prices set forth in the Indenture, plus accrued and unpaid interest.  Prior to August 15, 2016, the Company may redeem the 2021 Notes, in whole or in part, at a redemption price equal to 100% of the principal amount of the notes being redeemed, plus the Applicable Premium (as defined in the Indenture) and accrued and unpaid interest.  Moreover, prior to August 15, 2016, the Company may also redeem up to 35% of the aggregate principal amount of the 2021 Notes with the proceeds from certain equity offerings at a redemption price of 106.875% of the principal amount of the notes being redeemed, plus accrued and unpaid interest.
	Upon the occurrence of any Change of Control (as defined in the Indenture), each holder of the 2021 Notes will have the right to require that the Company repurchase such holder’s notes at a purchase price equal to 101% of the principal amount thereof on the date of purchase, plus accrued and unpaid interest.  Additionally, if the Company or one of its Restricted Subsidiaries sells certain assets, the Company generally must either: (i) invest any excess net cash proceeds from such sales in its business within a certain period of time; (ii) prepay senior secured debt or certain other debt; or (iii) prepay other senior debt and offer to purchase the 2021 Notes on a pro rata basis. The purchase price of the 2021 Notes in any such offer will be 100% of their principal amount, plus accrued and unpaid interest.
	In connection with the issuance of the 2021 Notes, the Company, the Guarantors and the initial purchasers of the 2021 Notes entered into an Exchange and Registration Rights Agreement (the “Registration Rights Agreement”), dated August 7, 2013. The Registration Rights Agreement requires the Company to: (a) file an exchange offer registration statement within 270 days after the closing of the Notes Offering with respect to an offer to exchange the unregistered 2021 Notes for new notes of the Company registered under the Securities Act having terms substantially identical in all material respects to those of the 2021 Notes (except for provisions relating to transfer restrictions and payments of additional interest); (b) use its commercially reasonable efforts to cause the registration statement to become effective within 330 days after the closing of the Notes Offering; (c) as soon as reasonably practicable after the effectiveness of the exchange offer registration statement, offer the exchange notes for surrender of the 2021 Notes; and (d) keep the registered exchange offer open for not less than 30 days (or longer if required by applicable law) after the date notice of the registered exchange offer is sent to holders of the 2021 Notes.  In addition, the Registration Rights Agreement provides that, in the event that the Company cannot effect the exchange offer within the time periods described above and in certain other circumstances as described in the Registration Rights Agreement, the Company will file a “shelf registration statement” that would allow some or all of the 2021 Notes to be offered to the public in the United States.  If the Company does not comply with the foregoing obligations under the Registration Rights Agreement, the Company will be required to pay special interest to the holders of the 2021 Notes.
	During June 2012, the Company issued $125.0 million in principal amount of its 2017 Notes.  As noted above, the 2017 Notes were prepaid by the Company in their entirety during August 2013.  The interest rate on the 2017 Notes was LIBOR plus 8.0%, subject to a 2.0% LIBOR floor, and was payable monthly.  The 2017 Notes were issued at 98.0% of their stated face amount.  The net proceeds from the issuance of such notes were primarily used to repay certain of the Company’s then-outstanding secured indebtedness.  As of December 31, 2012, the 2017 Notes were recorded net of an unamortized debt discount of $2.3 million.
	During August 2013, the Company also entered into a four-year Senior Unsecured Revolving Line of Credit Loan Agreement (the “Credit Agreement”), providing for a revolving line of credit of $75.0 million (the “Revolver”).  Amounts outstanding under the Revolver will accrue interest, payable quarterly, at the Company’s option, at a rate equal to (i) the Base Rate plus 1.75% or (ii) the Eurodollar rate plus 2.75%.  The Base Rate is equal to the highest of (a) the Federal Funds Rate plus 1/2 of 1%, (b) the one month Eurodollar Rate plus 1.00%, and (c) the rate of interest in effect for such day as publicly announced from time to time by Citibank, N.A. as its “prime rate.”  Under the Credit Agreement, we must pay, among other things, (i) a commitment fee calculated at a per annum rate equal to 0.50% of the average daily unused portion of the commitment under the Revolver and (ii) a letter of credit usage fee.
	The $75.0 million commitment under the Revolver is limited by a borrowing base calculation based upon certain asset values as set forth in the Credit Agreement. In addition, a portion of the Revolver (not to exceed $50.0 million) is available for the issuance of letters of credit. The Revolver matures on August 27, 2017 and can be extended based on certain conditions.  As of November 12, 2013, there were no amounts drawn on the Revolver or any limitations on our borrowing capacity, leaving the full amount of the credit facility available to us on such date.
	The Revolver contains a requirement to maintain compliance with certain financial covenants, including: (i) a minimum consolidated interest coverage ratio or minimum liquidity; (ii) a maximum consolidated leverage ratio; and (iii) a minimum consolidated tangible net worth. As of September 30, 2013, the Company was in compliance with all of these covenants.
	During February 2013, WCI Communities, Inc. and WCI Communities, LLC (collectively, the “WCI Parties”) entered into a $10.0 million loan with a bank secured by a first mortgage on a parcel of land and related amenity facilities comprising the Pelican Preserve Town Center (“Town Center”) in Fort Myers, Florida.  The loan is also secured by the rights to certain fees and charges that the WCI Parties are to receive as owner of the Town Center. The loan matures in February 2018.  During the initial 36 months, the loan is structured as a revolving credit facility (the “Revolver Phase”), convertible to a term loan for the remaining 24 months (the “Term Phase”).  Under the Revolver Phase, the WCI Parties may borrow and repay advances up to $10.0 million and have the right to issue letters of credit up to an aggregate amount of $5.0 million at any time.  The interest rate during the Revolver Phase is a variable rate per annum equal to the bank’s prime rate plus 100 basis points, subject to a floor of 4.0%.  The interest rate during the Term Phase will be a fixed rate equal to the ask yield of the corresponding U.S. Treasury Bond for a term of five years plus 300 basis points, subject to a minimum rate of 5.0%.  During the Revolver Phase, the WCI Parties are required to pay an annual renewal fee and a non-use fee equal to 25 basis points based on the average unfunded portion of the loan.  There were no amounts drawn on the secured revolving credit facility as of November 12, 2013; however, $2.0 million of outstanding letters of credit on such date limited the borrowing capacity under the credit facility to $8.0 million.

Fair_Value_Disclosures

Fair Value Disclosures	9 Months Ended
	Sep. 30, 2013
Fair Value Disclosures	'
Fair Value Disclosures	'
	12. Fair Value Disclosures
	ASC 820, Fair Value Measurements (“ASC 820”), as updated and amended by Accounting Standards Update No. 2011-04, Fair Value Measurement (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs, provides a framework for measuring the fair value of assets and liabilities under GAAP and establishes a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The fair value hierarchy can be summarized as follows:
	Level 1 — Fair value determined based on quoted prices in active markets for identical assets or liabilities.
	Level 2 — Fair value determined based on using significant observable inputs, such as quoted prices for similar assets or liabilities or quoted prices for identical assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability, or inputs that are derived principally from or corroborated by observable market data, by correlation or other means.
	Level 3— Fair value determined using significant unobservable inputs, such as pricing models, discounted cash flows, or similar techniques.
	The carrying values and estimated fair values of our financial liabilities are summarized in the table below, except for those liabilities for which the carrying values approximate their fair values.
		September 30, 2013				December 31, 2012
		Carrying		Estimated		Carrying		Estimated
		Value		Fair Value		Value		Fair Value
		(in thousands)
	Senior notes	$	200,000	$	192,000	$	—	$	—
	Senior secured term notes	—		—		122,729		125,000
	Community development district obligations	8,187		9,648		9,680		12,937
	The estimated fair values of our debt and community development district obligations were derived from quoted market prices by independent dealers (Level 2).
	There were no financial instruments—assets or liabilities—measured at fair value on a recurring or nonrecurring basis in the accompanying unaudited consolidated balance sheets.
	The majority of our nonfinancial assets, which include real estate inventories, property and equipment, and goodwill, are not required to be measured at fair value on a recurring basis. However, if certain events occur, such that a nonfinancial asset is required to be evaluated for impairment, the resulting asset impairment would require that the nonfinancial instrument be recorded at the lower of cost or fair value.
	The Company did not have any nonfinancial assets that were written down to fair value as the result of an impairment charge during the nine months ended September 30, 2013 and 2012.
	The carrying amounts reported for cash and cash equivalents, restricted cash, notes and accounts receivable, other assets, income taxes receivable, accounts payable and other liabilities, and customer deposits approximate their fair values.

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2013
Income Taxes	'
Income Taxes	'
	13. Income Taxes
	We account for income taxes under ASC Topic 740, Income Taxes (“ASC 740”), which requires an asset and liability approach for measuring deferred taxes based on temporary differences between the financial statement and tax bases of assets and liabilities existing at each balance sheet date using enacted tax rates for years in which taxes are expected to be paid or recovered.
	In accordance with ASC 740, we evaluate our net deferred tax assets, including the benefit from net operating losses and certain tax credit carryforwards, to determine if a valuation allowance is required.  We are required to establish a valuation allowance for any portion of the deferred tax asset we conclude is “more likely than not” to be unrealizable.  Our assessment considers, among other things the nature, frequency and severity of our cumulative losses, forecasts of our future taxable income, the duration of statutory carryforward periods, our utilization experience with operating loss and tax credit carryforwards and tax planning alternatives.
	During the three and nine months ended September 30, 2013 and 2012, we utilized net operating loss carryforwards to offset our current period income tax expense from continuing operations.  Accordingly, our income tax provisions for the three and nine months ended September 30, 2013 were nominal.  The income tax benefit for the nine months ended September 30, 2013 was primarily due to a state income tax refund from a prior year.
	During 2008 and 2009, we recorded reserves related to unrecognized income tax benefits and a related income tax receivable for positions taken on the Company’s federal income tax returns.  We had substantial authority for the tax positions claimed on the tax returns and the related net operating loss carrybacks but we did not believe that those positions rose to the “more likely than not” threshold for financial statement recognition.  During 2012, we successfully completed an audit by the Internal Revenue Service pertaining to the 2003 to 2008 tax years and, as a result thereof, we recognized a related tax benefit of $50.5 million associated with the underlying tax positions during the three and nine months ended September 30, 2012.  Additionally, the income tax benefit from continuing operations during the three and nine months ended September 30, 2012 was offset by income tax expense of $0.8 million and $1.8 million, respectively, related to our discontinued operations.
	In conjunction with our Reorganization, we underwent an ownership change as of December 31, 2008 and again upon emergence from bankruptcy on September 3, 2009.   Internal Revenue Code Section 382 (“Section 382”) imposes an annual limitation on our use of net operating losses and certain tax credit carryforwards existing at the effective date of the Reorganization.  Section 382 also limits the recognition of built-in losses in existence as of the date of an ownership change to the extent that a company is in an overall net unrealized built-in-loss position as of that date.  Under Section 382, we were subject to an annual limitation of approximately $85,000 as of December 31, 2008 and a $10.5 million annual limitation as of September 3, 2009, and we are also in a net unrealized built-in loss position as of both of those ownership change dates.   As such, any built-in losses recognized in the five-year period following those ownership change dates are significantly limited.

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2013
Commitments and Contingencies	'
Commitments and Contingencies	'
	14. Commitments and Contingencies
	Standby letters of credit and performance bonds, issued by third-party entities, are used to guarantee our performance under various contracts, principally in connection with the development of our projects and land purchase obligations. As of September 30, 2013 and December 31, 2012, we had $3.8 million and $4.5 million, respectively, of outstanding letters of credit.  Performance bonds do not have stated expiration dates; rather, we are released from the bonds as the contractual performance is completed. These performance bonds, which totaled $11.3 million and $8.4 million as of September 30, 2013 and December 31, 2012, respectively, are typically outstanding over a period of approximately one to five years or longer, depending on the pace of development.  Our estimated exposure on the outstanding performance bonds as of September 30, 2013 was $4.6 million based on development remaining to be completed.
	In accordance with various amenity and equity club documents, we operate the facilities until control of the amenities is transferred to the membership.  Additionally, we are required to fund (i) the cost of constructing club facilities and acquiring related equipment and (ii) operating deficits prior to turnover.  We do not currently believe that these obligations will have a material adverse effect on our financial condition, results of operations or cash flows.
	We may be responsible for funding certain condominium and homeowner association deficits in the ordinary course of business.
	Legal Proceedings
	The Company and certain of its subsidiaries have been named as defendants in various claims, complaints, and other legal actions arising in the normal course of business.  In the opinion of management, the outcome of these matters will not have a material adverse effect on the Company’s financial condition, results of operations or cash flows.  However, it is possible that future results of operations for any particular quarterly or annual period could be materially affected by changes in our estimates and assumptions related to these proceedings, or the ultimate resolution of the litigation.
	One pending proceeding was brought by a condominium association alleging construction defects and other matters. This pending proceeding was filed as a proof of claim in our bankruptcy proceedings during February 2009 in an unliquidated amount. The Company asserted that all prepetition claims for construction defects were barred by the plan of reorganization and bankruptcy discharge and, therefore, we believe that any potential losses will not be material to our financial condition, results of operations and cash flows.  During May 2013, the condominium association received permission to file a state court action without violating the plan of reorganization and bankruptcy discharge. The Company has appealed and is vigorously defending this action. As a result of being in the early stages of litigation, we are unable to estimate the amount of any potential loss.

Shareholders_Equity

Shareholders' Equity	9 Months Ended
	Sep. 30, 2013
Shareholders' Equity	'
Shareholders' Equity	'
	15. Shareholders’ Equity
	A summary of changes in shareholders’ equity is presented below.
	Nine Months Ended September 30, 2013
	(in thousands)
		Series A				Series B						Additional									Non-
		Preferred Stock				Preferred Stock			Common Stock			Paid-in			Accumulated			Treasury			controlling
		Shares		Amount		Shares	Amount		Shares	Amount		Capital			Deficit			Stock			Interests			Total
	Balance at December 31, 2012	10		$	—	—	$	—	18,072	$	181	$	203,833		$	(37,664	)	$	(196	)	$	2,451		$	168,605
	Net income (loss)	—		—		—	—		—	—		—			11,450			—			(163		)	11,287
	Stock dividend paid to Series A preferred shareholders	—		—		—	—		904	9		(9		)	—			—			—			—
	Series A preferred shares retired	(10	)	—		—	—		—	—		—			—			—			—			—
	Cash dividend paid to Series B preferred shareholder	—		—		—	—		—	—		(700		)	—			—			—			(700		)
	Issuance of common stock	—		—		—	—		6,819	68		90,189			—			—			—			90,257
	Stock-based and other non-cash long-term incentive compensation expense (Note 16)	—		—		—	—		—	—		4,312			—			—			—			4,312
	Balance at September 30, 2013	—		$	—	—	$	—	25,795	$	258	$	297,625		$	(26,214	)	$	(196	)	$	2,288		$	273,761
	Nine Months Ended September 30, 2012
	(in thousands)
		Series A				Series B						Additional									Non-
		Preferred Stock				Preferred Stock			Common Stock			Paid-in			Accumulated			Treasury			controlling
		Shares		Amount		Shares	Amount		Shares	Amount		Capital			Deficit			Stock			Interests			Total
	Balance at December 31, 2011	10		$	—	—	$	—	9,958	$	100	$	154,462		$	(88,487	)	$	(155	)	$	2,640		$	68,560
	Net income (loss)	—		—		—	—		—	—					32,905			—			(119		)	32,786
	Purchase of treasury stock	—		—		—	—		—	—		—			—			(41		)	—			(41		)
	Issuance of common stock	—		—		—	—		7,923	79		48,181			—			—			—			48,260
	Stock-based and other non-cash long-term incentive compensation expense (Note 16)	—		—		—	—		88	1		540			—			—			—			541
	Balance at September 30, 2012	10		$	—	—	$	—	17,969	$	180	$	203,183		$	(55,582	)	$	(196	)	$	2,521		$	150,106
	During July 2013, the Company completed its IPO and issued 6,819,091 shares of its common stock (Note 1).  During June 2012, the Company completed an equity rights offering and issued 7,923,069 shares of its common stock to certain of its existing shareholders.
	As it pertains to our preferred stock, we (i) exchanged 903,825 shares of our common stock (valued at $19.0 million) for 10,000 outstanding shares of our Series A preferred stock during July 2013 and (ii) paid $0.7 million in cash to purchase the one outstanding share of our Series B preferred stock during April 2013.  All such shares of preferred stock, which were carried at a nominal value in the accompanying unaudited consolidated balance sheets, have been cancelled and retired.  In accordance with ASC 260, Earnings Per Share, paragraph 10-S99-2 (“ASC 260”), any difference between the consideration transferred to our preferred stock shareholders and the corresponding book value has been characterized as a preferred stock dividend in the accompanying unaudited consolidated statements of operations and deducted from net income to arrive at net income (loss) attributable to common shareholders of WCI Communities, Inc. for purposes of calculating earnings (loss) per share.  The preferred stock dividend related to the retirement of our Series A preferred stock did not have an impact on total equity as the liquidating dividend reduced additional paid-in capital by the same amount as the common stock issued in exchange for the Series A preferred stock.

StockBased_Compensation_and_Ot

Stock-Based Compensation and Other Non-Cash Long-Term Incentive Compensation	9 Months Ended
	Sep. 30, 2013
Stock-Based Compensation and Other Non-Cash Long-Term Incentive Compensation	'
Stock-Based Compensation and Other Non-Cash Long-Term Incentive Compensation	'
	16. Stock-Based and Other Non-Cash Long-Term Incentive Compensation
	During January 2013, the Company adopted the 2013 Long-Term Incentive Plan (“LTIP”) for key management personnel and the 2013 Director Long-Term Incentive Plan for non-employee directors of the Company’s Board of Directors (collectively, the “Original Plans”) and granted 770 and 80 awards, respectively, under these plans to eligible participants.  A total of 1,000 LTIP awards were available to be issued to key management personnel and 80 LTIP awards to non-employee directors. The purpose of the Original Plans was to attract and retain key management personnel and non-employee directors and provide such persons with increased interest in the Company’s success through the granting of LTIP awards.  LTIP awards vest over a five-year period ending December 31, 2017 and each vested LTIP award entitled the holder to receive a cash payment based on the future appreciation of the Company’s common stock, contingent upon the earlier occurrence of either of the following events (the “Payment Event”): (i) a change in control, as defined in the Original Plans, or (ii) the five-year anniversary of the Original Plans. The Original Plans terminate immediately following the Payment Event, unless terminated earlier.
	In accordance with the definition of fair value under ASC 718, Compensation—Stock Compensation (“ASC 718”), the aggregate grant date fair value of the LTIP awards was estimated using a Monte Carlo simulations-based option price model with the following inputs: expected volatility, risk-free interest rate, expected life, dividend yield, and the weighted average per share price of the Company’s common stock.  The fair value of the LTIP awards was classified as a liability under ASC 718 due to its cash-settlement feature. The Company was required to remeasure the LTIP liability at each reporting date and to recognize compensation expense for the period such that the total inception-to-date compensation expense recognized equaled the equivalent portion of the LTIP liability, based on the requisite service period rendered as of the reporting date.
	During June 2013, the Company amended the Original Plans (collectively, the “Amended Plans”), effective immediately following the IPO (Note 1).  Under the terms of the Amended Plans, in lieu of a cash payment based on the future appreciation of the Company’s common stock, as provided under the Original Plans, eligible participants and non-employee directors received restricted stock equity awards that equated to approximately 1,090.6 shares of our common stock for each LTIP award granted under the Original Plans.
	The table below presents the vesting schedule of the LTIP restricted stock awards, subject to certain accelerated vesting conditions, under the Amended Plans.
	Vesting Date	Key Management		Non-Employee
		Personnel		Directors
	Day following the IPO	25	%	25	%
	December 31, 2013(1)	15	%	—
	December 31, 2014	15	%	18.75	%
	December 31, 2015	15	%	18.75	%
	December 31, 2016	15	%	18.75	%
	December 31, 2017	15	%	18.75	%
	(1)  Subject to the terms and conditions of the Amended Plans, awards scheduled to vest on December 31, 2013 are forfeited by the participant upon their termination without good reason.  As a result, we have assumed their vesting date as December 31, 2017 in our accounting for the related stock-based compensation expense.  No other scheduled vesting dates have this limitation and are therefore considered earned on such dates.
	In accordance with ASC 718, the LTIP award modification has been accounted for as the grant of an equity award in settlement of a liability.  The LTIP liability was reclassified to additional paid-in capital at the modification date and the modified awards are now being accounted for as equity awards.  Under ASC 718, the nonvested shares are valued at the fair value of the shares on the modification date if vesting is based on a service or performance condition.  Accordingly, the fair value of the 927,000 nonvested restricted shares under the Amended Plans was the market price of such shares on the modification date, which aggregated $14.5 million.
	During July 2013, we granted restricted stock awards for 49,600 shares of our common stock to certain key employees.  Assuming continuous employment with us, those awards will vest on either the six month or two year anniversary of the grant award.
	During the three and nine months ended September 30, 2013, we recorded $2.3 million and $4.3 million, respectively, of expense for all of the Company’s stock-based and other non-cash long-term incentive compensation programs in selling, general and administrative expenses in the accompanying unaudited consolidated statements of operations.  The corresponding amounts for the three and nine months ended September 30, 2012 were $0.1 million and $0.5 million, respectively.

Earnings_Loss_Per_Share

Earnings (Loss) Per Share	9 Months Ended
	Sep. 30, 2013
Earnings (Loss) Per Share	'
Earnings (Loss) Per Share	'
	17. Earnings (Loss) Per Share
	Basic earnings (loss) per share is computed based on the weighted average number of outstanding common shares.  Diluted earnings (loss) per share is computed based on the weighted average number of outstanding common shares plus the dilutive effect of common stock equivalents, computed using the treasury stock method.  The table on the following page sets forth the computations of basic and diluted earnings (loss) per share attributable to the common shareholders of WCI Communities, Inc.
		Three Months Ended					Nine Months Ended
		September 30,					September 30,
		2013			2012		2013			2012
		(in thousands, except per share amounts)
	Income from continuing operations	$	1,618		$	54,553	$	11,287		$	30,080
	Net loss from continuing operations attributable to noncontrolling interests	340			261		163			119
	Preferred stock dividends	(18,980		)	—		(19,680		)	—
	Income (loss) attributable to common shareholders of WCI Communities, Inc. before discontinued operations	(17,022		)	54,814		(8,230		)	30,199
	Discontinued operations	—			1,209		—			2,706
	Net income (loss) attributable to common shareholders of WCI Communities, Inc.	$	(17,022	)	$	56,023	$	(8,230	)	$	32,905
	Basic weighted average shares outstanding	24,138			17,888		20,099			13,273
	Effect of dilutive securities:
	Stock-based compensation arrangements(1)	—			56		—			34
	Diluted weighted average shares outstanding	24,138			17,944		20,099			13,307
	Earnings (loss) per share of WCI Communities, Inc.:
	Basic
	Continuing operations	$	(0.71	)	$	3.06	$	(0.41	)	$	2.28
	Discontinued operations	—			0.07		—			0.2
	Earnings (loss) per share	$	(0.71	)	$	3.13	$	(0.41	)	$	2.48
	Diluted
	Continuing operations	$	(0.71	)	$	3.05	$	(0.41	)	$	2.27
	Discontinued operations	—			0.07		—			0.2
	Earnings (loss) per share	$	(0.71	)	$	3.12	$	(0.41	)	$	2.47
	Antidilutive securities not included in the calculation of of diluted earnings (loss) per common share(1)(2)	796			—		796			—
	(1)   For periods with a net loss attributable to common shareholders of WCI Communities, Inc., all common stock equivalents were excluded from the computations of diluted loss per common share because the effect of their inclusion would be antidilutive, thereby reducing the reported loss per share.
	(2)   Shares of common stock underlying our stock-based compensation arrangements.

Segment_Reporting

Segment Reporting	9 Months Ended
	Sep. 30, 2013
Segment Reporting	'
Segment Reporting	'
	18. Segment Reporting
	As defined in ASC 280, Segment Reporting (“ASC 280”), our reportable segments are based on operating segments with similar economic characteristics and lines of business. Our reportable segments consist of: (i) Homebuilding; (ii) Real Estate Services; and (iii) Amenities.
	For the three and nine months ended September 30, 2013 and 2012, substantially all of the revenues of our reportable segments were generated by our Florida operations.  Evaluation of segment performance is based primarily on operating earnings.
	Operations of our Homebuilding segment primarily include the construction and sale of single- and multi-family homes.  The results of operations for the Homebuilding segment consist of revenues generated from the delivery of homes and land and homesite sales, less the cost of home construction, land and land development costs, and selling, general and administrative expenses incurred by the segment.
	Operations of our Real Estate Services segment include providing residential real estate brokerage and title services.  The results of operations for the Real Estate Services segment consist of revenues generated primarily from those activities, less the cost of such services, including royalties associated with a franchise agreement we have with a third-party, and selling, general and administrative expenses incurred by the segment.
	Operations of our Amenities segment primarily include the construction, ownership, and management of recreational amenities in residential communities we develop in several Florida markets. Amenities consist of golf courses and country clubs, marinas, and resort-style facilities.  The results of operations for the Amenities segment consist of revenues from the sale of equity and nonequity memberships, the sale and lease of marina slips, billed membership dues, and golf and restaurant operations, less the cost of such services, and selling, general and administrative expenses incurred by the segment. The Amenities segment also includes discontinued operations associated with the sale of our retained and operated amenities classified as assets held for sale. In accordance with ASC 280, the segment information below does not include the results from our discontinued operations (Note 7).
	The financial position and operating results of our segments, which are included in the tables below, are not necessarily indicative of the results and financial position that would have occurred had the segments been independent, stand-alone entities during the periods presented.
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
		(in thousands)
	Revenues
	Homebuilding	$	60,802		$	33,524		$	145,054		$	64,980
	Real estate services	20,524			16,863			60,915			55,537
	Amenities	4,192			3,778			16,620			15,241
	Total revenues	$	85,518		$	54,165		$	222,589		$	135,758
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
		(in thousands)
	Operating earnings (loss)
	Homebuilding	$	7,531		$	4,768		$	15,426		$	(864	)
	Real estate services	868			(55		)	3,153			1,574
	Amenities	(1,521		)	(1,317		)	(1,723		)	(1,893		)
	Other income	29			826			1,249			1,994
	Interest expense	(184		)	(982		)	(1,798		)	(5,997		)
	Expenses related to early repayment of debt	(5,105		)	—			(5,105		)	(16,984		)
	Income (loss) from continuing operations before income taxes	$	1,618		$	3,240		$	11,202		$	(22,170	)
		September 30, 2013			December 31, 2012
		(in thousands)
	Assets
	Homebuilding	$	277,975		$	186,786
	Real estate services	17,758			15,056
	Amenities	35,813			38,366
	Corporate and unallocated	205,324			107,054
	Total assets	$	536,870		$	347,262

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2013
Summary of Significant Accounting Policies	'
Basis of Presentation	'
	Basis of Presentation
	The accompanying unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”), as contained in the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) for interim financial information and the instructions to Form 10-Q and Article 10 of Regulation S-X, as promulgated by the Securities and Exchange Commission.  Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements.  In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included.  Operating results for the three and nine months ended September 30, 2013 are not necessarily indicative of the results that may be expected for the year ending December 31, 2013 due to, among other things, the seasonal nature of our business.
	The consolidated balance sheet at December 31, 2012 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by GAAP for complete financial statements. For further information, refer to the consolidated financial statements and footnotes thereto included in our Registration Statement filing on Form S-1 (File No. 333-188866), as amended, made effective on July 24, 2013.
	The consolidated financial statements include the accounts of the Company, its wholly owned subsidiaries and certain joint ventures, which are not variable interest entities (“VIEs”) as defined under ASC 810, Consolidation (“ASC 810”), but which the Company has the ability to exercise control. In accordance with ASC 323, Investments — Equity Method and Joint Ventures (“ASC 323”), the equity method of accounting is applied to those investments in joint ventures that are not VIEs and the Company has either less than a controlling interest, substantive participating rights, or is not the primary beneficiary, as defined in ASC 810. All material intercompany balances and transactions have been eliminated in consolidation.
	The operations of the Company involve real estate development and sales and it is not possible to precisely measure the duration of the operating cycle of the Company. The accompanying consolidated balance sheets of the Company have been prepared on an unclassified basis in accordance with real estate industry practice.
	All share and per-share amounts of the Company’s common stock have been retroactively adjusted in the accompanying unaudited consolidated financial statements to reflect the abovementioned stock split, the new authorized share amounts and the conversion of our Series A, B, C, D and E common stock into a single class of common stock (Note 1).
Use of Estimates	'
	Use of Estimates
	The preparation of the Company’s consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the amounts of assets and liabilities reported at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could significantly differ from these estimates.
Recently Issued Accounting Pronouncements	'
	Recently Issued Accounting Pronouncements
	In July 2013, the FASB issued Accounting Standards Update No. 2013-11, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists (“ASU 2013-11”), which provides guidance on the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax carryforward exists. Under ASU 2013-11, an unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit, except as follows. To the extent a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position or the tax law of the applicable jurisdiction does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. ASU 2013-11 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. The adoption of this guidance, which is related to financial statement presentation only, is not expected to have a material effect on our consolidated financial position or results of operations.

Real_Estate_Inventories_and_Ca1

Real Estate Inventories and Capitalized Interest (Tables)	9 Months Ended
	Sep. 30, 2013
Real Estate Inventories and Capitalized Interest	'
Schedule of real estate inventories	'
		September 30,			December 31,
		2013			2012
		(in thousands)
	Land and land improvements held for development or sale	$	200,113		$	140,048
	Work in progress	43,122			18,943
	Completed inventories	24,542			15,005
	Investments in amenities	9,242			9,172
	Total real estate inventories	$	277,019		$	183,168
Summary of capitalized interest	'
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
		(in thousands)
	Capitalized interest, beginning of period	$	11,685		$	4,689		$	7,959		$	1,014
	Interest incurred	3,644			3,600			10,547			12,730
	Interest expensed	(184		)	(982		)	(1,798		)	(5,997		)
	Interest charged to cost of sales	(1,317		)	(556		)	(2,880		)	(996		)
	Capitalized interest, end of period	$	13,828		$	6,751		$	13,828		$	6,751

Property_and_Equipment_net_Tab

Property and Equipment, net (Tables)	9 Months Ended
	Sep. 30, 2013
Property and Equipment, net	'
Schedule of property and equipment, net	'
		Estimated
		Useful Life	September 30,			December 31,
		(In Years)	2013			2012
			(in thousands)
	Land and improvements	10 to 15	$	13,869		$	13,922
	Buildings and improvements	5 to 40	13,958			14,100
	Furniture, fixtures, and equipment	2 to 15	5,556			4,757
			33,383			32,779
	Accumulated depreciation		(9,364		)	(8,466		)
	Property and equipment, net		$	24,019		$	24,313

Other_Assets_Tables

Other Assets (Tables)	9 Months Ended
	Sep. 30, 2013
Other Assets	'
Schedule of other assets	'
		September 30,		December 31,
		2013		2012
		(in thousands)
	Debt issuance costs	$	5,589	$	2,282
	Prepaid expenses	5,019		3,640
	Cash held by community development districts (Note 9)	2,635		3,518
	Cash deposits for letters of credit and surety bonds	814		3,857
	Investments in unconsolidated joint ventures (Note 6)	—		700
	Other	1,966		3,792
	Total other assets	$	16,023	$	17,789

Investments_in_Unconsolidated_1

Investments in Unconsolidated Joint Ventures (Tables)	9 Months Ended
	Sep. 30, 2013
Investments in Unconsolidated Joint Ventures	'
Schedule of the entity's investments in unconsolidated joint ventures	'
				Percentage of Ownership
				September 30,		December 31,
	Name of Joint Venture	Description		2013		2012
	Pelican Landing Timeshares Ventures (“Pelican Landing”)	Multi-family timeshare units - Bonita Springs, Florida		51	%	51	%
	Florida Home Finance Group LLC (“FHFG”)	Mortgage banking operations		—		49.9	%
Schedule of equity in earnings from unconsolidated joint ventures	'
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
		(in thousands)
	Equity in earnings (loss) from unconsolidated joint ventures	$	—		$	92		$	(41	)	$	219
Summary of condensed combined financial information of the entity's unconsolidated joint ventures	'
		September 30,			December 31,
		2013			2012
		(in thousands)
	Assets
	Real estate investments	$	5,018		$	5,285
	Other assets	6,448			10,535
	Total assets	$	11,466		$	15,820
	Liabilities and partners’ capital
	Total liabilities	$	797		$	2,474
	Capital - other partners	5,228			6,553
	Capital - the Company	5,441			6,793
	Total liabilities and partners’ capital	$	11,466		$	15,820
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
		(in thousands)
	Combined results of operations
	Revenues	$	438		$	1,418		$	1,722		$	4,740
	Net loss	$	(477	)	$	(205	)	$	(1,356	)	$	(293	)

Discontinued_Operations_Tables

Discontinued Operations (Tables)	9 Months Ended
	Sep. 30, 2013
Discontinued Operations	'
Schedule of results from discontinued operations	'
		Three Months Ended					Nine Months Ended
		September 30,					September 30,
		2013		2012			2013		2012
		(in thousands)
	Revenues	$	—	$	290		$	—	$	2,177
	Income from discontinued operations before income taxes	$	—	$	31		$	—	$	195
	Income tax expense	—		(14		)	—		(77		)
	Income from discontinued operations, net of tax	$	—	$	17		$	—	$	118
	Gain on sale of discontinued operations before income taxes	$	—	$	1,993		$	—	$	4,265
	Income tax expense	—		(801		)	—		(1,677		)
	Gain on sale of discontinued operations, net of tax	$	—	$	1,192		$	—	$	2,588

Accounts_Payable_and_Other_Lia1

Accounts Payable and Other Liabilities (Tables)	9 Months Ended
	Sep. 30, 2013
Accounts Payable and Other Liabilities	'
Schedule of accounts payable and other liabilities	'
		September 30,		December 31,
		2013		2012
		(in thousands)
	Accounts payable	$	14,135	$	14,630
	Community development district obligations (Note 9)	8,187		9,680
	Deferred income	4,928		7,114
	Warranty reserves (Note 10)	1,375		1,077
	Accrued interest	2,106		676
	Other	9,141		6,830
	Total accounts payable and other liabilities	$	39,872	$	40,007

Warranty_Reserves_Tables

Warranty Reserves (Tables)	9 Months Ended
	Sep. 30, 2013
Warranty Reserves	'
Schedule of activity related to the entity's warranty reserves, which are included in accounts payable and other liabilities	'
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
		(in thousands)
	Warranty reserves, beginning of the period	$	1,202		$	775		$	1,077		$	840
	Additions to reserves for new home deliveries(1)	308			171			744			308
	Warranty costs paid	(162		)	(106		)	(394		)	(304		)
	Adjustments related to pre-existing reserves(1)(2)	27			5			(52		)	1
	Warranty reserves, end of the period	$	1,375		$	845		$	1,375		$	845
	(1)         The net effect of $0.3 million and $0.2 million for the three months ended September 30, 2013 and 2012, respectively, are included in homebuilding cost of sales in the accompanying unaudited consolidated statements of operations. The corresponding amounts for the nine months ended September 30, 2013 and 2012 were $0.7 million and $0.3 million, respectively.
	(2)         Adjustments related to pre-existing reserves relate to changes in our anticipated warranty payments on previously delivered homes.

Debt_Obligations_Tables

Debt Obligations (Tables)	9 Months Ended
	Sep. 30, 2013
Debt Obligations	'
Schedule of debt obligations	'
		September 30,		December 31,
		2013		2012
		(in thousands)
	Senior notes due 2021	$	200,000	$	—
	Senior secured term notes due 2017, net	—		122,729
	$75.0 million unsecured revolving credit facility	—		—
	$10.0 million secured revolving credit facility	—		—
	Total debt obligations	$	200,000	$	122,729

Fair_Value_Disclosures_Tables

Fair Value Disclosures (Tables)	9 Months Ended
	Sep. 30, 2013
Fair Value Disclosures	'
Schedule of carrying values and estimated fair values of financial liabilities	'
		September 30, 2013				December 31, 2012
		Carrying		Estimated		Carrying		Estimated
		Value		Fair Value		Value		Fair Value
		(in thousands)
	Senior notes	$	200,000	$	192,000	$	—	$	—
	Senior secured term notes	—		—		122,729		125,000
	Community development district obligations	8,187		9,648		9,680		12,937

Shareholders_Equity_Tables

Shareholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2013
Shareholders' Equity	'
Summary of changes in shareholders' equity	'
	Nine Months Ended September 30, 2013
	(in thousands)
		Series A				Series B						Additional									Non-
		Preferred Stock				Preferred Stock			Common Stock			Paid-in			Accumulated			Treasury			controlling
		Shares		Amount		Shares	Amount		Shares	Amount		Capital			Deficit			Stock			Interests			Total
	Balance at December 31, 2012	10		$	—	—	$	—	18,072	$	181	$	203,833		$	(37,664	)	$	(196	)	$	2,451		$	168,605
	Net income (loss)	—		—		—	—		—	—		—			11,450			—			(163		)	11,287
	Stock dividend paid to Series A preferred shareholders	—		—		—	—		904	9		(9		)	—			—			—			—
	Series A preferred shares retired	(10	)	—		—	—		—	—		—			—			—			—			—
	Cash dividend paid to Series B preferred shareholder	—		—		—	—		—	—		(700		)	—			—			—			(700		)
	Issuance of common stock	—		—		—	—		6,819	68		90,189			—			—			—			90,257
	Stock-based and other non-cash long-term incentive compensation expense (Note 16)	—		—		—	—		—	—		4,312			—			—			—			4,312
	Balance at September 30, 2013	—		$	—	—	$	—	25,795	$	258	$	297,625		$	(26,214	)	$	(196	)	$	2,288		$	273,761
	Nine Months Ended September 30, 2012
	(in thousands)
		Series A				Series B						Additional									Non-
		Preferred Stock				Preferred Stock			Common Stock			Paid-in			Accumulated			Treasury			controlling
		Shares		Amount		Shares	Amount		Shares	Amount		Capital			Deficit			Stock			Interests			Total
	Balance at December 31, 2011	10		$	—	—	$	—	9,958	$	100	$	154,462		$	(88,487	)	$	(155	)	$	2,640		$	68,560
	Net income (loss)	—		—		—	—		—	—					32,905			—			(119		)	32,786
	Purchase of treasury stock	—		—		—	—		—	—		—			—			(41		)	—			(41		)
	Issuance of common stock	—		—		—	—		7,923	79		48,181			—			—			—			48,260
	Stock-based and other non-cash long-term incentive compensation expense (Note 16)	—		—		—	—		88	1		540			—			—			—			541
	Balance at September 30, 2012	10		$	—	—	$	—	17,969	$	180	$	203,183		$	(55,582	)	$	(196	)	$	2,521		$	150,106

StockBased_Compensation_and_Ot1

Stock-Based Compensation and Other Non-Cash Long-Term Incentive Compensation (Tables)	9 Months Ended
	Sep. 30, 2013
Stock-Based Compensation and Other Non-Cash Long-Term Incentive Compensation	'
Schedule of vesting of the LTIP restricted stock awards, subject to certain accelerated vesting conditions, under the Amended Plans	'
	Vesting Date	Key Management		Non-Employee
		Personnel		Directors
	Day following the IPO	25	%	25	%
	December 31, 2013(1)	15	%	—
	December 31, 2014	15	%	18.75	%
	December 31, 2015	15	%	18.75	%
	December 31, 2016	15	%	18.75	%
	December 31, 2017	15	%	18.75	%
	(1)  Subject to the terms and conditions of the Amended Plans, awards scheduled to vest on December 31, 2013 are forfeited by the participant upon their termination without good reason.  As a result, we have assumed their vesting date as December 31, 2017 in our accounting for the related stock-based compensation expense.  No other scheduled vesting dates have this limitation and are therefore considered earned on such dates.

Earnings_Loss_Per_Share_Tables

Earnings (Loss) Per Share (Tables)	9 Months Ended
	Sep. 30, 2013
Earnings (Loss) Per Share	'
Schedule of computations of basic and diluted earnings (loss) per share	'
		Three Months Ended					Nine Months Ended
		September 30,					September 30,
		2013			2012		2013			2012
		(in thousands, except per share amounts)
	Income from continuing operations	$	1,618		$	54,553	$	11,287		$	30,080
	Net loss from continuing operations attributable to noncontrolling interests	340			261		163			119
	Preferred stock dividends	(18,980		)	—		(19,680		)	—
	Income (loss) attributable to common shareholders of WCI Communities, Inc. before discontinued operations	(17,022		)	54,814		(8,230		)	30,199
	Discontinued operations	—			1,209		—			2,706
	Net income (loss) attributable to common shareholders of WCI Communities, Inc.	$	(17,022	)	$	56,023	$	(8,230	)	$	32,905
	Basic weighted average shares outstanding	24,138			17,888		20,099			13,273
	Effect of dilutive securities:
	Stock-based compensation arrangements(1)	—			56		—			34
	Diluted weighted average shares outstanding	24,138			17,944		20,099			13,307
	Earnings (loss) per share of WCI Communities, Inc.:
	Basic
	Continuing operations	$	(0.71	)	$	3.06	$	(0.41	)	$	2.28
	Discontinued operations	—			0.07		—			0.2
	Earnings (loss) per share	$	(0.71	)	$	3.13	$	(0.41	)	$	2.48
	Diluted
	Continuing operations	$	(0.71	)	$	3.05	$	(0.41	)	$	2.27
	Discontinued operations	—			0.07		—			0.2
	Earnings (loss) per share	$	(0.71	)	$	3.12	$	(0.41	)	$	2.47
	Antidilutive securities not included in the calculation of of diluted earnings (loss) per common share(1)(2)	796			—		796			—
	(1)   For periods with a net loss attributable to common shareholders of WCI Communities, Inc., all common stock equivalents were excluded from the computations of diluted loss per common share because the effect of their inclusion would be antidilutive, thereby reducing the reported loss per share.
	(2)   Shares of common stock underlying our stock-based compensation arrangements.

Segment_Reporting_Tables

Segment Reporting (Tables)	9 Months Ended
	Sep. 30, 2013
Segment Reporting	'
Schedule of financial position and operating results of segments	'
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
		(in thousands)
	Revenues
	Homebuilding	$	60,802		$	33,524		$	145,054		$	64,980
	Real estate services	20,524			16,863			60,915			55,537
	Amenities	4,192			3,778			16,620			15,241
	Total revenues	$	85,518		$	54,165		$	222,589		$	135,758
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
		(in thousands)
	Operating earnings (loss)
	Homebuilding	$	7,531		$	4,768		$	15,426		$	(864	)
	Real estate services	868			(55		)	3,153			1,574
	Amenities	(1,521		)	(1,317		)	(1,723		)	(1,893		)
	Other income	29			826			1,249			1,994
	Interest expense	(184		)	(982		)	(1,798		)	(5,997		)
	Expenses related to early repayment of debt	(5,105		)	—			(5,105		)	(16,984		)
	Income (loss) from continuing operations before income taxes	$	1,618		$	3,240		$	11,202		$	(22,170	)
		September 30, 2013			December 31, 2012
		(in thousands)
	Assets
	Homebuilding	$	277,975		$	186,786
	Real estate services	17,758			15,056
	Amenities	35,813			38,366
	Corporate and unallocated	205,324			107,054
	Total assets	$	536,870		$	347,262

Organization_and_Description_o1

Organization and Description of the Business (Details) (USD $)	0 Months Ended	1 Months Ended	9 Months Ended		0 Months Ended
In Millions, except Share data, unless otherwise specified	Jul. 22, 2013	Jun. 30, 2012	Sep. 30, 2013	Dec. 31, 2012	Jul. 30, 2013
			item		IPO
Organization and Description of the Business	'	'	'	'	'
Number of operating segments	'	'	3	'	'
Ownership percentage in WCI Communities, LLC and WCI Communities Management, LLC	'	'	100.00%	'	'
Stock split ratio	10.3	'	'	'	'
Common stock, shares authorized	150,000,000	'	150,000,000	150,000,000	'
Preferred stock, shares authorized	15,000,000	'	15,000,000	20,000	'
Organization and Description of the Business	'	'	'	'	'
Issuance of common stock (in shares)	'	7,923,069	'	'	6,819,091
Common stock, par value (in dollars per share)	'	'	$0.01	$0.01	$0.01
Share price (in dollars per share)	'	'	'	'	$15
Net proceeds from the sale of common stock in IPO	'	'	'	'	$90.30

Real_Estate_Inventories_and_Ca2

Real Estate Inventories and Capitalized Interest (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Real estate inventory	'	'	'	'	'
Land and land improvements held for development or sale	$200,113,000	'	$200,113,000	'	$140,048,000
Work in progress	43,122,000	'	43,122,000	'	18,943,000
Completed inventories	24,542,000	'	24,542,000	'	15,005,000
Investments in amenities	9,242,000	'	9,242,000	'	9,172,000
Total real estate inventories	277,019,000	'	277,019,000	'	183,168,000
Carrying value of land and land improvements held for sale	1,800,000	'	1,800,000	'	1,800,000
Single and multi-family inventories represented as a percentage of total real estate inventories	89.00%	'	89.00%	'	84.00%
High-rise inventories represented as a percentage of total real estate inventories	8.00%	'	8.00%	'	11.00%
Capitalized interest	'	'	'	'	'
Capitalized interest, beginning of period	11,685,000	4,689,000	7,959,000	1,014,000	'
Interest incurred	3,644,000	3,600,000	10,547,000	12,730,000	'
Interest expensed	-184,000	-982,000	-1,798,000	-5,997,000	'
Interest charged to cost of sales	-1,317,000	-556,000	-2,880,000	-996,000	'
Capitalized interest, end of period	$13,828,000	$6,751,000	$13,828,000	$6,751,000	'

Property_and_Equipment_net_Det

Property and Equipment, net (Details) (USD $)

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Dec. 31, 2012

In Thousands, unless otherwise specified

Land and improvements

Land and improvements

Land and improvements

Land and improvements

Buildings and improvements

Buildings and improvements

Buildings and improvements

Buildings and improvements

Furniture, fixtures, and equipment

Furniture, fixtures, and equipment

Furniture, fixtures, and equipment

Furniture, fixtures, and equipment

Amenities assets

Amenities assets

Minimum

Maximum

Minimum

Maximum

Minimum

Maximum

Property and Equipment, net

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Useful Life

'

'

'

'

'10 years

'15 years

'

'

'5 years

'40 years

'

'

'2 years

'15 years

'

'

Gross

$33,383

$32,779

$13,869

$13,922

'

'

$13,958

$14,100

'

'

$5,556

$4,757

'

'

'

'

Accumulated depreciation

-9,364

-8,466

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Property and equipment, net

$24,019

$24,313

'

'

'

'

'

'

'

'

'

'

'

'

$21,800

$22,200

Other_Assets_Details

Other Assets (Details) (USD $)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Other Assets	'	'	'
Debt issuance costs	$5,589,000	'	$2,282,000
Prepaid expenses	5,019,000	'	3,640,000
Cash held by community development districts	2,635,000	'	3,518,000
Cash deposits for letters of credit and surety bonds	814,000	'	3,857,000
Investments in unconsolidated joint ventures	'	'	700,000
Other	1,966,000	'	3,792,000
Total other assets	16,023,000	'	17,789,000
Cash paid for debt issuance costs	5,597,000	2,492,000	'
Write-off of net debt issuance costs	$1,800,000	$2,000,000	'

Investments_in_Unconsolidated_2

Investments in Unconsolidated Joint Ventures (Details) (USD $)	3 Months Ended		9 Months Ended					0 Months Ended	1 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Sep. 30, 2013	Dec. 31, 2012	Sep. 03, 2009	Apr. 30, 2013	Dec. 31, 2012
						Pelican Landing	Pelican Landing	FHFG	FHFG	FHFG
Investments in unconsolidated joint ventures	'	'	'	'	'	'	'	'	'	'
Percentage of Ownership	'	'	'	'	'	51.00%	51.00%	'	'	49.90%
Carrying value	'	'	'	'	$700,000	$0	'	'	'	'
Increase in carrying value due to reorganization	'	'	'	'	'	'	'	2,000,000	'	'
Equity in earnings (loss) from unconsolidated joint ventures	'	92,000	-41,000	219,000	'	'	'	'	'	'
Excess of ownership share of capital over investment basis	5,400,000	'	5,400,000	'	6,100,000	'	'	'	'	'
Cash payment received	'	'	577,000	'	'	'	'	'	600,000	'
Assets	'	'	'	'	'	'	'	'	'	'
Real estate investments	5,018,000	'	5,018,000	'	5,285,000	'	'	'	'	'
Other assets	6,448,000	'	6,448,000	'	10,535,000	'	'	'	'	'
Total assets	11,466,000	'	11,466,000	'	15,820,000	'	'	'	'	'
Liabilities and partners' capital	'	'	'	'	'	'	'	'	'	'
Total liabilities	797,000	'	797,000	'	2,474,000	'	'	'	'	'
Capital - other partners	5,228,000	'	5,228,000	'	6,553,000	'	'	'	'	'
Capital - the Company	5,441,000	'	5,441,000	'	6,793,000	'	'	'	'	'
Total liabilities and partners' capital	11,466,000	'	11,466,000	'	15,820,000	'	'	'	'	'
Combined results of operations	'	'	'	'	'	'	'	'	'	'
Revenues	438,000	1,418,000	1,722,000	4,740,000	'	'	'	'	'	'
Net loss	($477,000)	($205,000)	($1,356,000)	($293,000)	'	'	'	'	'	'

Discontinued_Operations_Detail

Discontinued Operations (Details) (USD $)	1 Months Ended		3 Months Ended	9 Months Ended
	Aug. 31, 2012	31-May-12	Sep. 30, 2012	Sep. 30, 2012	Sep. 30, 2013	Dec. 31, 2012
Discontinued operations	'	'	'	'	'	'
Amenities assets held for sale	'	'	'	'	$0	$0
Sale consideration	5,900,000	5,500,000	'	'	'	'
Results from discontinued operations	'	'	'	'	'	'
Income from discontinued operations, net of tax	'	'	17,000	118,000	'	'
Gain on sale of discontinued operations before income taxes	2,000,000	2,300,000	'	4,265,000	'	'
Gain on sale of discontinued operations, net of tax	'	'	1,192,000	2,588,000	'	'
Retained and operated amenities	'	'	'	'	'	'
Results from discontinued operations	'	'	'	'	'	'
Revenues	'	'	290,000	2,177,000	'	'
Income from discontinued operations before income taxes	'	'	31,000	195,000	'	'
Income tax expense	'	'	-14,000	-77,000	'	'
Income from discontinued operations, net of tax	'	'	17,000	118,000	'	'
Gain on sale of discontinued operations before income taxes	'	'	1,993,000	4,265,000	'	'
Income tax expense	'	'	-801,000	-1,677,000	'	'
Gain on sale of discontinued operations, net of tax	'	'	$1,192,000	$2,588,000	'	'

Accounts_Payable_and_Other_Lia2

Accounts Payable and Other Liabilities (Details) (USD $)	Sep. 30, 2013	Jun. 30, 2013	Dec. 31, 2012	Sep. 30, 2012	Jun. 30, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
Accounts Payable and Other Liabilities	'	'	'	'	'	'
Accounts payable	$14,135	'	$14,630	'	'	'
Community development district obligations	8,187	'	9,680	'	'	'
Deferred income	4,928	'	7,114	'	'	'
Warranty reserves	1,375	1,202	1,077	845	775	840
Accrued interest	2,106	'	676	'	'	'
Other	9,141	'	6,830	'	'	'
Total accounts payable and other liabilities	$39,872	'	$40,007	'	'	'

Community_Development_District1

Community Development District Obligations (Details) (USD $)	9 Months Ended
	Sep. 30, 2013	Apr. 30, 2013	Dec. 31, 2012
	item
Community Development District Obligations	'	'	'
Number of primary types of bonds issued by the CDD	2	'	'
CDD amounts payable from all landowners within our communities	$33,300,000	'	$35,200,000
CDD bond obligations currently outstanding, net of debt discounts	8,187,000	'	9,680,000
Debt discount on CDD bond obligations outstanding	1,700,000	'	2,300,000
Proportionate share of cash held by CDDs	2,800,000	'	3,700,000
Cash related to share of the "A" bonds with no offset	2,635,000	'	3,518,000
Cash related to share of the "B" bonds with offset	200,000	'	200,000
Existing CDD obligations securing acquired property	24,000,000	24,000,000	'
CDD obligation related to owned property which is not recorded as a CDD obligation	23,600,000	23,600,000	'
Maximum amount of CDD bonds related to acquired property intended to be reissued and sold	$24,000,000	$24,000,000	'

Warranty_Reserves_Details

Warranty Reserves (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Warranty reserves	'	'	'	'
Balance at the beginning of the period	$1,202,000	$775,000	$1,077,000	$840,000
Additions to reserves for new home deliveries	308,000	171,000	744,000	308,000
Warranty costs paid	-162,000	-106,000	-394,000	-304,000
Adjustments related to pre-existing reserves	27,000	5,000	-52,000	1,000
Balance at the end of the period	1,375,000	845,000	1,375,000	845,000
Cost of sales | Homebuilding	'	'	'	'
Warranty disclosure	'	'	'	'
Warranty expense	$300,000	$200,000	$700,000	$300,000

Debt_Obligations_Details

Debt Obligations (Details) (USD $)

9 Months Ended

1 Months Ended

3 Months Ended

9 Months Ended

9 Months Ended

0 Months Ended

9 Months Ended

9 Months Ended

0 Months Ended

9 Months Ended

1 Months Ended

1 Months Ended

0 Months Ended

1 Months Ended

9 Months Ended

Sep. 30, 2013

Dec. 31, 2012

Aug. 31, 2013

Jun. 30, 2012

Sep. 30, 2013

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Nov. 12, 2013

Sep. 30, 2013

Feb. 28, 2013

Nov. 12, 2013

Feb. 28, 2013

Sep. 30, 2013

Nov. 12, 2013

Sep. 30, 2013

Feb. 28, 2013

Feb. 28, 2013

Sep. 30, 2013

Aug. 31, 2013

Nov. 12, 2013

Sep. 30, 2013

Aug. 31, 2013

Aug. 31, 2013

Aug. 31, 2013

Aug. 31, 2013

Sep. 30, 2013

Aug. 31, 2013

Aug. 07, 2013

Aug. 31, 2013

Sep. 30, 2013

Senior secured term notes due 2017, net

Senior secured term notes due 2017, net

Senior secured term notes due 2017, net

Senior secured term notes due 2017, net

Senior secured term notes due 2017, net

Senior secured term notes due 2017, net

$10.0 million secured revolving credit facility due 2018

$10.0 million secured revolving credit facility due 2018

$10.0 million secured revolving credit facility due 2018

$10.0 million secured revolving credit facility due 2018

Revolver Phase

Revolver Phase

Revolver Phase

Revolver Phase

Revolver Phase

Term Phase

Term Phase

$75.0 million unsecured revolving credit facility

$75.0 million unsecured revolving credit facility

$75.0 million unsecured revolving credit facility

$75.0 million unsecured revolving credit facility

$75.0 million unsecured revolving credit facility

$75.0 million unsecured revolving credit facility

$75.0 million unsecured revolving credit facility

$75.0 million unsecured revolving credit facility

$75.0 million unsecured revolving credit facility

Senior notes due 2021

Senior notes due 2021

Senior notes due 2021

LIBOR

Letters of credit

Prime rate

Letters of credit

U.S. Treasury Bond for a term of five years

Base Rate

Eurodollar Rate

One month Eurodollar Rate

Federal Funds Rate

Letters of credit

Letters of credit

Debt obligations

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total debt obligations

$200,000,000

$122,729,000

'

'

'

'

$122,729,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$200,000,000

Maximum borrowings capacity

'

'

'

'

'

'

'

'

'

10,000,000

10,000,000

'

'

'

'

'

5,000,000

'

'

75,000,000

75,000,000

75,000,000

'

'

'

'

50,000,000

50,000,000

'

'

'

Borrowing capacity

'

'

'

'

'

'

'

'

8,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Variable rate basis

'

'

'

'

'

'

'

'LIBOR

'

'

'

'

'

'

'

'Prime Rate

'

'

'U.S. Treasury Bond for a term of five years

'

'

'

'Base Rate

'Eurodollar rate

'one month Eurodollar Rate

'Federal Funds Rate

'

'

'

'

'

Base rate margin (as a percent)

'

'

'

'

'

'

'

8.00%

'

'

'

'

'

'

'

1.00%

'

'

3.00%

'

'

'

1.75%

2.75%

1.00%

0.50%

'

'

'

'

'

Amount drawn

'

'

'

'

'

'

'

'

'

'

'

2,000,000

'

'

0

'

'

'

'

'

0

'

'

'

'

'

'

'

'

'

'

Notes issued

'

'

125,000,000

125,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

200,000,000

'

Interest rate (as a percent)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

6.88%

'

Net proceeds from debt after deducting fees and expenses

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

195,500,000

'

Net proceeds from offering used to prepay the entire outstanding principal amount of debt

126,250,000

'

126,250,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Redemption price (as a percent)

'

'

101.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Redemption price after August 15, 2016 (as a percent)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

100.00%

Percentage of aggregate principal amount that may be redeemed prior to August 15, 2016

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

35.00%

Redemption price prior to August 15, 2016 (as a percent)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

106.88%

Repurchase price upon change in control, including principal amount of debt instrument and accrued and unpaid interest (as a percent)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

101.00%

Write-off of net debt issuance costs

'

'

'

'

3,900,000

3,900,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Maximum number of days after the closing of debt offering for filing an exchange offer registration statement

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'270 days

'

'

Maximum number of days after the closing of debt offering for registration statement to become effective

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'330 days

'

'

Maximum number of days after the date of notice of the registered exchange offer sent to holders of debt instrument for registered exchange offer to remain open

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'30 days

'

'

Term Of loan

'

'

'

'

'

'

'

'

'

'

'

'

'36 months

'

'

'

'

'24 months

'

'4 years

'

'

'

'

'

'

'

'

'

'

'

Interest rate floor (as a percent)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

4.00%

'

'

5.00%

'

'

'

'

'

'

'

'

'

'

'

'

Non-use fee based on average unfunded portion of loan (as a percent)

'

'

'

'

'

'

'

'

'

'

'

'

'

0.25%

'

'

'

'

'

0.50%

'

'

'

'

'

'

'

'

'

'

'

Variable rate basis floor (as a percent)

'

'

'

'

'

'

'

2.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Issue price as percentage of par value

'

'

'

98.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Unamortized discount

'

'

'

'

'

'

$2,300,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Fair_Value_Disclosures_Details

Fair Value Disclosures (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Carrying values and estimated fair values of financial instruments	'	'
Senior notes	$200,000	'
Senior secured term notes	'	122,729
Community development district obligations	8,187	9,680
Financial instruments	'	'
Financial instruments assets and liabilities measured at fair value (recurring and nonrecurring)	0	'
Carrying Value	'	'
Carrying values and estimated fair values of financial instruments	'	'
Senior notes	200,000	'
Senior secured term notes	'	122,729
Community development district obligations	8,187	9,680
Estimated Fair Value	'	'
Carrying values and estimated fair values of financial instruments	'	'
Senior notes	192,000	'
Senior secured term notes	'	125,000
Community development district obligations	$9,648	$12,937

Income_Taxes_Details

Income Taxes (Details) (USD $)	3 Months Ended	9 Months Ended
	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 03, 2009	Dec. 31, 2008
Income Taxes	'	'	'	'	'
Tax benefit associated with completion of audit by the Internal Revenue Service pertaining to the 2003 to 2008 tax years tax positions	$50,500,000	'	$50,500,000	'	'
Income tax expense related to discontinued operations	800,000	'	1,800,000	'	'
Annual limitations on use of operating loss and tax credit carryforwards	'	'	'	$10,500,000	$85,000
Limitation period of recognition of built-in losses	'	'5 years	'	'	'

Commitments_and_Contingencies_

Commitments and Contingencies (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013
			Pending proceedings	Performance bonds	Performance bonds
			item	Minimum	Maximum
Commitments and contingencies	'	'	'	'	'
Period over which performance bonds are outstanding	'	'	'	'1 year	'5 years
Number of pending proceedings brought by condominium associations alleging construction defects and other matters	'	'	1	'	'
Letters of credit outstanding	$3,800,000	$4,500,000	'	'	'
Performance bonds outstanding	11,300,000	8,400,000	'	'	'
Performance bonds, estimated exposure	$4,600,000	'	'	'	'

Shareholders_Equity_Details

Shareholders' Equity (Details) (USD $)

1 Months Ended

3 Months Ended

9 Months Ended

0 Months Ended

9 Months Ended

9 Months Ended

1 Months Ended

0 Months Ended

Jul. 31, 2013

Jun. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Jul. 30, 2013

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Sep. 30, 2012

Jul. 31, 2013

Dec. 31, 2012

Sep. 30, 2012

Dec. 31, 2011

Apr. 30, 2013

IPO

Common Stock

Common Stock

Additional Paid-in Capital

Additional Paid-in Capital

Accumulated Deficit

Accumulated Deficit

Treasury Stock

Treasury Stock

Treasury Stock

Non-controlling Interests

Non-controlling Interests

Series A preferred stock

Series A preferred stock

Series A preferred stock

Series A preferred stock

Series B preferred stock

Changes in shareholders' equity

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Balance at the beginning of the period

'

'

'

'

$168,605,000

$68,560,000

'

$181,000

$100,000

$203,833,000

$154,462,000

($37,664,000)

($88,487,000)

($155,000)

($196,000)

($196,000)

$2,451,000

$2,640,000

'

'

'

'

'

Balance at the beginning of the period (in shares)

'

'

'

'

'

'

'

18,072,000

9,958,000

'

'

'

'

'

'

'

'

'

'

10,000

10,000

10,000

'

Net income (loss)

'

'

1,618,000

55,762,000

11,287,000

32,786,000

'

'

'

'

'

11,450,000

32,905,000

'

'

'

-163,000

-119,000

'

'

'

'

'

Stock dividend paid to Series A preferred shareholders

'

'

'

'

'

'

'

9,000

'

-9,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Stock dividend paid to Series A preferred shareholders (in shares)

903,825

'

'

'

'

'

'

903,825

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Cash dividend paid to Series B preferred shareholder

'

'

'

'

-700,000

'

'

'

'

-700,000

'

'

'

'

'

'

'

'

'

'

'

'

-700,000

Purchase of treasury stock

'

'

'

'

'

-41,000

'

'

'

'

'

'

'

-41,000

'

'

'

'

'

'

'

'

'

Issuance of common stock

'

'

'

'

90,257,000

48,260,000

'

68,000

79,000

90,189,000

48,181,000

'

'

'

'

'

'

'

'

'

'

'

'

Issuance of common stock (in shares)

'

7,923,069

'

'

'

'

6,819,091

6,819,000

7,923,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Stock-based and other non-cash long-term incentive compensation expense (Note 16)

'

'

'

'

4,312,000

541,000

'

'

1,000

4,312,000

540,000

'

'

'

'

'

'

'

'

'

'

'

'

Stock-based and other non-cash long-term incentive compensation expense (Note 16) (in shares)

'

'

'

'

'

'

'

'

88,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Balance at the end of the period

'

'

273,761,000

150,106,000

273,761,000

150,106,000

'

258,000

180,000

297,625,000

203,183,000

-26,214,000

-55,582,000

-196,000

-196,000

-196,000

2,288,000

2,521,000

'

'

'

'

'

Balance at the end of the period (in shares)

'

'

'

'

'

'

'

25,795,000

17,969,000

'

'

'

'

'

'

'

'

'

'

10,000

10,000

10,000

'

Estimated value for which common stock agreed to be exchanged for preferred stock

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$19,000,000

'

'

'

'

Preferred stock converted into common stock (in shares)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

10,000

'

'

'

'

Preferred stock, shares repurchased

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1

StockBased_Compensation_and_Ot2

Stock-Based Compensation and Other Non-Cash Long-Term Incentive Compensation (Details) (USD $)

9 Months Ended

1 Months Ended

3 Months Ended

9 Months Ended

1 Months Ended

Sep. 30, 2013

Sep. 30, 2012

Jul. 31, 2013

Jul. 31, 2013

Jul. 31, 2013

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Jan. 31, 2013

Jan. 31, 2013

Jul. 31, 2013

Jul. 31, 2013

Jul. 31, 2013

Jul. 31, 2013

Jul. 31, 2013

Jul. 31, 2013

Jul. 31, 2013

Jul. 31, 2013

Jul. 31, 2013

Jul. 31, 2013

Jul. 31, 2013

Jul. 31, 2013

Restricted stock awards

Restricted stock awards

Restricted stock awards

2013 Long-Term Incentive Plan

2013 Long-Term Incentive Plan

2013 Long-Term Incentive Plan

2013 Long-Term Incentive Plan

LTIP

2013 Director Long-Term Incentive Plan for non-employee members

Amended Plans

Amended Plans

Amended Plans

Amended Plans

Amended Plans

Amended Plans

Amended Plans

Amended Plans

Amended Plans

Amended Plans

Amended Plans

Amended Plans

Minimum

Maximum

Day following IPO

Day following IPO

31-Dec-13

31-Dec-14

31-Dec-14

31-Dec-15

31-Dec-15

31-Dec-16

31-Dec-16

31-Dec-17

31-Dec-17

Key Management Personnel

Board of Director

Key Management Personnel

Key Management Personnel

Board of Director

Key Management Personnel

Board of Director

Key Management Personnel

Board of Director

Key Management Personnel

Board of Director

Stock-based compensation

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of awards granted (in shares)

'

'

'

'

'

'

'

'

'

770

80

'

'

'

'

'

'

'

'

'

'

'

'

Number of awards available under the plan (in shares)

'

'

'

'

'

'

'

'

'

1,000

80

'

'

'

'

'

'

'

'

'

'

'

'

Conversion factor (in shares)

'

'

'

'

'

'

'

'

'

'

'

1,090.60

'

'

'

'

'

'

'

'

'

'

'

Vesting period

'

'

'

'6 months

'2 years

'

'

'5 years

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Aggregate fair value

'

'

'

'

'

'

'

'

'

'

'

$14,500,000

'

'

'

'

'

'

'

'

'

'

'

Percentage of awards vested

'

'

'

'

'

'

'

'

'

'

'

'

25.00%

25.00%

15.00%

15.00%

18.75%

15.00%

18.75%

15.00%

18.75%

15.00%

18.75%

Number of awards (in shares)

'

'

'

'

'

'

'

'

'

'

'

927,000

'

'

'

'

'

'

'

'

'

'

'

Number of awards granted (in shares)

'

'

49,600

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Stock-based and other long-term incentive compensation expense

$4,312,000

$541,000

'

'

'

$2,300,000

$100,000

$4,312,000

$541,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Earnings_Loss_Per_Share_Detail

Earnings (Loss) Per Share (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Earnings (Loss) Per Share	'	'	'	'
Income from continuing operations	$1,618	$54,553	$11,287	$30,080
Net loss from continuing operations attributable to noncontrolling interests	340	261	163	119
Preferred stock dividends	-18,980	'	-19,680	'
Income (loss) attributable to common shareholders of WCI Communities, Inc. before discontinued operations	-17,022	54,814	-8,230	30,199
Discontinued operations	'	1,209	'	2,706
Net income (loss) attributable to common shareholders of WCI Communities, Inc.	($17,022)	$56,023	($8,230)	$32,905
Basic weighted average shares outstanding	24,138	17,888	20,099	13,273
Effect of dilutive securities:	'	'	'	'
Stock-based compensation arrangements	'	56	'	34
Diluted weighted average shares outstanding	24,138	17,944	20,099	13,307
Basic	'	'	'	'
Continuing operations (in dollars per share)	($0.71)	$3.06	($0.41)	$2.28
Discontinued operations (in dollars per share)	'	$0.07	'	$0.20
Earnings (loss) per share (in dollars per share)	($0.71)	$3.13	($0.41)	$2.48
Diluted	'	'	'	'
Continuing operations (in dollars per share)	($0.71)	$3.05	($0.41)	$2.27
Discontinued operations (in dollars per share)	'	$0.07	'	$0.20
Earnings (loss) per share (in dollars per share)	($0.71)	$3.12	($0.41)	$2.47
Antidilutive securities not included in the calculation of diluted earnings (loss) per common share (in shares)	796	'	796	'

Segment_Reporting_Details

Segment Reporting (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Segment reporting	'	'	'	'	'
Total revenues	$85,518	$54,165	$222,589	$135,758	'
Other income	29	826	1,249	1,994	'
Interest expense	-184	-982	-1,798	-5,997	'
Expenses related to early repayment of debt	-5,105	'	-5,105	-16,984	'
Income (loss) from continuing operations before income taxes	1,618	3,240	11,202	-22,170	'
Total assets	536,870	'	536,870	'	347,262
Homebuilding	'	'	'	'	'
Segment reporting	'	'	'	'	'
Total revenues	60,802	33,524	145,054	64,980	'
Operating earnings (loss)	7,531	4,768	15,426	-864	'
Total assets	277,975	'	277,975	'	186,786
Real Estate Services	'	'	'	'	'
Segment reporting	'	'	'	'	'
Total revenues	20,524	16,863	60,915	55,537	'
Operating earnings (loss)	868	-55	3,153	1,574	'
Total assets	17,758	'	17,758	'	15,056
Amenities	'	'	'	'	'
Segment reporting	'	'	'	'	'
Total revenues	4,192	3,778	16,620	15,241	'
Operating earnings (loss)	-1,521	-1,317	-1,723	-1,893	'
Total assets	35,813	'	35,813	'	38,366
Corporate and unallocated	'	'	'	'	'
Segment reporting	'	'	'	'	'
Total assets	$205,324	'	$205,324	'	$107,054