Century Communities (CCS) 10-Q14 Nov 142014 Q3 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
Document and Entity Information	Sep. 30, 2014	Nov. 10, 2014
Document And Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Sep-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'
Entity Registrant Name	'Century Communities, Inc.	'
Entity Central Index Key	'0001576940	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Non-accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	21,483,528

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEET (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Assets	'	'
Cash and cash equivalents	$101,704	$109,998
Accounts receivable	16,105	4,438
Inventories	461,566	184,072
Prepaid expenses and other assets	27,502	8,415
Deferred tax asset. net	719	'
Property and equipment, net	11,848	3,360
Amortizable intangible assets, net	5,900	1,877
Goodwill	13,249	479
Total Assets	638,593	312,639
Liabilities:	'	'
Accounts payable	10,102	8,313
Accrued expenses and other liabilities	50,674	30,358
Deferred tax liability, net	'	912
Notes payable and revolving loan agreement	210,048	1,500
Total liabilities	270,824	41,083
Stockholders' Equity:	'	'
Preferred Stock, $0.01 par value, 50,000,000 shares authorized, none outstanding	'	'
Common stock, $0.01 par value, 100,000,000 shares authorized, 21,485,257 and 17,257,774 shares issued and outstanding at September 30, 2014 and December 31, 2013, respectively	213	173
Additional paid in capital	346,321	262,982
Retained Earnings	21,235	8,401
Total stockholders' equity	367,769	271,556
Total liabilities and stockholders' equity	$638,593	$312,639

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEET (Parenthetical) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Condensed Consolidated Balance Sheet [Abstract]	'	'
Preferred stock, par value (in dollars per share)	$0.01	$0.01
Preferred stock shares authorized (in shares)	50,000,000	50,000,000
Preferred stock shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock shares authorized (in shares)	100,000,000	100,000,000
Common stock shares issued (in shares)	21,485,257	17,257,774
Common stock shares outstanding (in shares)	21,485,257	17,257,774

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Condensed Consolidated Statement of Operations [Abstract]	'	'	'	'
Home sales revenues	$90,735	$41,494	$217,734	$107,502
Cost of home sales revenues	70,896	31,948	166,367	81,084
Gross margin from home sales	19,839	9,546	51,367	26,418
Golf course and other revenue	1,226	'	3,750	'
Cost of golf course and other revenue	2,175	'	4,329	'
Gross margin from golf course and other	-949	'	-579	'
Selling, general, and administrative (including related-party management fees of $150 and $450 for the three and nine months ended September 30, 2013, respectively)	12,584	5,682	30,906	13,244
Operating income	6,306	3,864	19,882	13,174
Other income (expense):	'	'	'	'
Interest income	130	98	267	152
Interest expense	-2	'	-13	'
Acquisition expense	-119	-329	-923	-329
Other income	327	151	585	332
Gain/(Loss) on disposition of assets	55	'	145	9
Income before tax expense	6,697	3,784	19,943	13,338
Income tax expense	2,570	1,346	7,109	3,330
Deferred taxes on conversion to a corporation	'	'	'	627
Consolidated net income of Century Communities, Inc.	4,127	2,438	12,834	9,381
Net income attributable to the noncontrolling interests	'	'	'	52
Income attributable to common stockholders	4,127	2,438	12,834	9,329
Earnings per share:	'	'	'	'
Basic and Diluted	$0.19	$0.14	$0.68	$0.81
Weighted average common shares outstanding:	'	'	'	'
Basic and Diluted	21,113,708	17,075,000	18,635,986	11,457,692
Unaudited pro-forma net income, income attributable to common stockholders, and earnings per share (Note 16):	'	'	'	'
Pro-forma consolidated net income of Century Communities, Inc.	4,142	5,467	14,548	14,487
Pro-forma income attributable to common stockholders	$4,072	$5,424	$14,324	$14,329
Pro-forma basic and diluted earnings per share	$0.19	$0.32	$0.77	$1.25
Unaudited pro-forma weighted average common shares (Note 16):	'	'	'	'
Pro-forma basic and diluted	21,113,708	17,075,000	18,635,986	11,457,692

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (Parenthetical) (USD $)	3 Months Ended	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2013
Condensed Consolidated Statement of Operations [Abstract]	'	'
Related-party management fees	$0	$200

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Operating activities:	'	'
Consolidated net income of Century Communities, Inc.	$12,834	$9,381
Adjustments to reconcile net income to net cash used in operating activities:	'	'
Depreciation and amortization	1,790	310
Stock compensation expense	1,453	437
Deferred income tax provision	-1,631	386
Deferred provision upon conversion	'	627
Excess tax benefit on stock-based compensation	-37	'
Gain on disposition of assets	145	9
Changes in assets and liabilities:	'	'
Cash held in trust	'	995
Accounts receivable	-11,094	-3,888
Inventories	-116,368	-63,902
Prepaid expenses and other assets	-10,894	-4,353
Accounts payable	-285	-2,708
Accrued expenses and other liabilities	14,816	10,232
Payable to affiliates	'	-95
Net cash used in operating activities	-109,271	-52,569
Investing activities:	'	'
Purchases of property and equipment	-393	-344
Business combinations	-178,235	-15,132
Net cash used in investing activities	-178,628	-15,476
Financing activities:	'	'
Borrowings under revolving credit facilities	99,000	26,671
Payments on revolving credit facilities	-99,000	-47,044
Proceeds from issuance of senior notes	198,478	'
Proceeds from Notes Payable	5,894	1,500
Principal payments	-1,562	-12,833
Debt issuance costs	-5,132	'
Net proceeds from issuances of common stock	81,890	223,729
Excess tax benefit on stock-based compensation	37	'
Contributions from members	'	1,500
Distributions to members	'	-3,830
Distributions to noncontrolling interest	'	-257
Net cash provided by financing activities	279,605	189,436
Net increase (decrease) in cash and cash equivalents	-8,294	121,391
Cash and cash equivalents, Beginning of period	109,998	4,981
Cash and cash equivalents, End of period	101,704	126,372
Non-cash investing and financing information	'	'
Seller financed acquisitions of land	4,329	'
Inventory contributed by members	'	3,708
Inventory distributed to noncontrolling interests	'	2,296
Conversion of subordinated debt obligation to equity	'	$11,244

Basis_of_Presentation

Basis of Presentation	9 Months Ended
Basis of Presentation	Sep. 30, 2014
Basis of Presentation [Abstract]	'
Basis of Presentation	'
	1. Basis of Presentation
	Century Communities, Inc. a Delaware corporation (“we” or the “Company”) is engaged in all aspects of homebuilding, including land acquisition and development, entitlements, and the acquisition, development, construction, marketing, and sale of various single-family detached and attached residential home projects primarily in major metropolitan markets in Colorado, Central Texas, Houston, and Nevada.
	The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial statements and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments consisting of normal recurring adjustments necessary for a fair presentation of its financial position and results of operations. Interim results of operations are not necessarily indicative of the results that may be achieved for the full year. The financial statements and related notes do not include all information and footnotes required by GAAP and should be read in conjunction with the consolidated financial statements for the year ended December 31, 2013, which are included in our prospectus dated June 17, 2014 that was filed with the SEC on June 18, 2014.
	Principles of Consolidation
	The consolidated financial statements include the accounts of the Company, as well as all subsidiaries in which we have a controlling interest. All intercompany accounts and transactions have been eliminated.
	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Accordingly, actual results could differ from those estimates.

	Recently Issued Accounting Standards

	In May 2014, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2014-09, “Revenue from Contracts with Customers.” The pronouncement was issued to clarify the principles for recognizing revenue and to develop a common revenue standard and disclosure requirements for GAAP. The pronouncement is effective for reporting periods beginning after December 15, 2016. We are currently evaluating the impact of adoption of ASU 2014-09 on the Company’s consolidated financial position and results of operations.

	In August 2014, the FASB issued ASU No. 2014-15, “Disclosure of Uncertainties About an Entity's Ability to Continue as a Going Concern”, (ASU 2014-15), which requires management to perform interim and annual assessments on whether there are conditions or events that raise substantial doubt about the entity's ability to continue as a going concern within one year of the date the financial statements are issued and to provide related disclosures, if required. The amendments in ASU 2014-15 are effective for the annual period ending after December 15, 2016, and for annual and interim periods thereafter. Early adoption is permitted. Our adoption of ASU 2014-15 is not expected to have a material effect on our consolidated financial statements and related disclosures.

Initial_Public_Offering_and_Is

Initial Public Offering and Issuance of Senior Unsecured Notes	9 Months Ended
	Sep. 30, 2014
Initial Public Offering and Issuance of Senior Unsecured Notes [Abstract]	'
Initial Public Offering and Issuance of Senior Unsecured Notes	'
	2. Initial Public Offering and Issuance of Senior Unsecured Notes
	In May 2014, we completed a private offering of $200.0 million in aggregate principal amount of senior unsecured notes due 2022 in reliance on Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), where we received net proceeds of approximately $193.3 million. The notes carry a coupon of 6.875% per annum and were issued at a price equal to 99.239% of their principal amount. Concurrent with the issuance of the senior unsecured notes, we repaid the then outstanding balance including accrued interest of $99.2 million on our revolving loan agreement.

	In June 2014, we completed our initial public offering of 4.0 million shares of common stock, $0.01 par value, at a per share price of $23.00, where we received net proceeds to the Company of approximately $81.9 million.

Reporting_Segments

Reporting Segments	9 Months Ended
Reporting Segments	Sep. 30, 2014
Reporting Segments [Abstract]	'
Reporting Segments	'
	3. Reporting Segments
	We have identified our Colorado, Central Texas, Houston, and Nevada divisions as reportable segments. Our Corporate operations are a nonoperating segment, as it serves to support our homebuilding operations through functions such as our executive, finance, treasury, human resources, and accounting departments.

	The following tables summarize home sales, golf and other revenues and income before tax expense by segment (in thousands):




		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2014		2013		2014		2013
	Home sales, golf and other revenues
	Colorado	$	40,291	$	37,963	$	124,490	$	103,971
	Central Texas		16,460		3,531		42,746		3,531
	Houston		7,365		—		7,365		—
	Nevada		27,845		—		46,883		—
	Total	$	91,961	$	41,494	$	221,484	$	107,502

	Income before tax expense
	Colorado	$	5,620	$	6,217	$	19,856	$	18,383
	Central Texas		2,172		232		4,287		232
	Houston		-87		—		-87		—
	Nevada		2,731		—		5,412		—
	Corporate		-3,739		-2,665		-9,525		-5,277
	Total	$	6,697	$	3,784	$	19,943	$	13,338
	The following table summarizes total assets by segment (in thousands):




		September 30,		December 31,
		2014		2013
	Colorado	$	251,733	$	167,948
	Central Texas		74,055		27,386
	Houston		25,540		—
	Nevada		176,982		—
	Corporate		110,283		117,305
	Total	$	638,593	$	312,639

	Corporate assets include certain cash and cash equivalents, prepaid insurance, deferred financing costs and certain property and equipment.

Inventories

Inventories	9 Months Ended
Inventories	Sep. 30, 2014
Inventories [Abstract]	'
Inventories	'
	4. Inventories
	A summary of our inventories is as follows (in thousands):




		September 30,		December 31,
		2014		2013
	Homes under construction	$	180,539	$	89,202
	Land and land development		272,038		92,050
	Capitalized interest		8,989		2,820
	Total	$	461,566	$	184,072

Prepaid_Expenses_and_Other_Ass

Prepaid Expenses and Other Assets	9 Months Ended
Prepaid Expenses and Other Assets	Sep. 30, 2014
Prepaid Expenses and Other Assets [Abstract]	'
Prepaid Expenses and Other Assets	'
	5. Prepaid Expenses and Other Assets
	Prepaid expenses and other assets included the following (in thousands):




		September 30,		December 31,
		2014		2013
	Prepaid insurance	$	8,605	$	1,260
	Lot option and escrow deposits		4,546		3,218
	Performance deposits		6,001		1,899
	Deferred financing costs, net		5,118		—
	Other		3,232		2,038
	Total	$	27,502	$	8,415

Accrued_Expenses_and_Other_Lia

Accrued Expenses and Other Liabilities	9 Months Ended
Accrued Expenses and Other Liabilities	Sep. 30, 2014
Accrued Expenses and Other Liabilities [Abstract]	'
Accrued Expenses and Other Liabilities	'
	6. Accrued Expenses and Other Liabilities
	Accrued expenses and other liabilities included the following (in thousands):




		September 30,		December 31,
		2014		2013
	Customer and escrow deposits	$	4,622	$	3,327
	Warranty reserve		2,114		1,150
	Accrued compensation costs		6,400		5,511
	Land development and home construction accruals		25,256		12,286
	Accrued interest		5,653		9
	Income tax payable		—		4,731
	Billings in excess of collections		85		1,199
	Earnout liability		2,768		—
	Other		3,776		2,145
	Total	$	50,674	$	30,358

Warranty_Reserve

Warranty Reserve	9 Months Ended
Warranty Reserve	Sep. 30, 2014
Warranty Reserve [Abstract]	'
Warranty Reserve	'
	7. Warranty Reserve
	Estimated future direct warranty costs are accrued and charged to cost of sales in the period when the related homebuilding revenues are recognized. Amounts accrued, which are included in accrued expenses and other liabilities on the consolidated balance sheet, are based upon historical experience rates. We subsequently assess the adequacy of our warranty accrual on a quarterly basis through an internal lag development model that incorporates historical payment trends and adjust the amounts recorded if necessary. Additional reserves may be established, and an expense recorded, for unusual warranty-related expenditures at the time the expenditure becomes probable and estimable. Changes in our warranty accrual for the three and nine months ended September 30, 2014 and 2013 are detailed in the table below (in thousands):




		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2014		2013		2014		2013
	Accrued warranty reserve, beginning of period	$	1,546	$	845	$	1,150	$	679
	Warranty reserves assumed in business combinations		200		—		341		—
	Warranty expense provisions		715		195		1,354		582
	Payments		-347		-204		-731		-425
	Accrued warranty reserve, end of period	$	2,114	$	836	$	2,114	$	836

Notes_Payable_and_Revolving_Lo

Notes Payable and Revolving Loan Agreement	9 Months Ended
Notes Payable and Revolving Loan Agreement	Sep. 30, 2014
Notes Payable and Revolving Loan Agreement [Abstract]	'
Notes Payable and Revolving Loan Agreement	'
	8. Notes Payable and Revolving Loan Agreement
	Notes payable and revolving loan agreement included the following as of September 30, 2014 and December 31, 2013 (in thousands):




			September 30,		December 31,
			2014		2013
	6.875% senior notes(A)		$	198,557	$	—
	Land development notes(B)			5,740		1,500
	Insurance premium notes (C)			5,682		—
	Capital lease obligations (D)			69		—
	Revolving loan agreement(E)			—		—
	Total		$	210,048	$	1,500

		(A)		In May 2014, we completed a private offering of $200.0 million in aggregate principal amount of senior unsecured notes due 2022 in reliance on Rule 144A and Regulation S under the Securities Act of 1933, as amended. We received net proceeds of approximately $193.3 million. The notes carry a coupon of 6.875% per annum and were issued at a price equal to 99.239% of their principal amount. The senior notes are unsecured senior obligations which are guaranteed on an unsecured senior basis by certain of our current and future subsidiaries. The senior notes contain certain restrictions on issuing future secured debt and other transactions but do not contain financial covenants. The principal balance is due in May 2022, with interest only payments due semi-annually in November and May.
		(B)		Four notes with maturity dates ranging from March 2015 to April 2016 with interest only payments ranging from 0.5% to 5.0%.
		(C)		Two notes due October 2015 and November 2015, respectively, and monthly interest and principal payments at 2.65% and 3.89%, respectively.
		(D)		Various equipment leases with maturities ranging from 2 to 4 years.
		(E)		On October 18, 2013 we entered into a three-year revolving loan agreement with a maximum borrowings of $100.0 million. Borrowings on the revolving loan agreement bear interest at a daily rate of LIBOR plus 2.50%. The revolving loan agreement was terminated on July 1, 2014, however letters of credit of $0.8 million issued prior to termination remain outstanding as of September 30, 2014.

Interest

Interest	9 Months Ended
Interest	Sep. 30, 2014
Interest [Abstract]	'
Interest	'
	9. Interest
	Interest is capitalized to inventories while the related communities are being actively developed and until homes are completed. The capitalized interest is subsequently included in cost of sales at the time the home is closed. As our qualifying assets exceeded our outstanding debt during the three and nine months ended September 30, 2014 and 2013, we capitalized all interest costs incurred during these periods, other than interest incurred on capital leases associated with golf course equipment.
	Our interest costs are as follows (in thousands):




		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2014		2013		2014		2013
	Interest capitalized beginning of period	$	5,850	$	3,312	$	2,820	$	3,243
	Interest capitalized during period		3,894		86		7,452		976
	Less: capitalized interest in cost of sales		-755		-530		-1,283		-1,351
	Interest capitalized end of period	$	8,989	$	2,868	$	8,989	$	2,868

Business_Combinations

Business Combinations	9 Months Ended
Business Combinations	Sep. 30, 2014
Business Combinations [Abstract]	'
Business Combinations	'
	10. Business Combinations

	Acquisition of Las Vegas Land Holdings, LLC
	On April 1, 2014, we purchased substantially all of the assets and operations of Las Vegas Land Holdings, LLC (“LVLH”), a homebuilder with operations in Las Vegas, Nevada, for a purchase price of approximately $165 million. The acquired assets consisted of 1,761 lots within five single-family communities in the greater Las Vegas, Nevada metropolitan area. The 1,761 lots included 57 homes in backlog, 17 model homes and three custom lots. In addition, we acquired two fully operational golf courses, three custom home lots, and two one-acre commercial plots. As the acquired assets and processes have the ability to create outputs in the form of revenue from the sale of single family residences, we concluded that the acquisition represents a business combination. We incurred $0.8 million in acquisition-related costs, which are included in other income (expense) on the consolidated statement of operations.
	The following table summarizes the preliminary amounts recognized as of the acquisition date:




	Assets acquired and liabilities assumed
	Accounts receivable	$	347
	Inventories		144,531
	Prepaid expenses and other assets		2,910
	Property and equipment		8,619
	Amortizable intangible assets		3,076
	Goodwill		11,282
	Total assets	$	170,765

	Accounts payable	$	2,074
	Accrued expenses and other liabilities		1,816
	Notes payable and capital lease obligations		1,497
	Total liabilities	$	5,387

	We determined the preliminary estimate of fair value for acquired inventories with the assistance of a third party appraiser primarily using a forecasted cash flow approach for the development, marketing, and sale of each community acquired. Significant assumptions included in our estimate include future per lot development costs, construction and overhead costs, mix of products sold in each community as well as average sales price, and absorption rates.
	We determined the preliminary estimate of fair value for amortizable intangible assets, which includes a non-solicitation agreement, cell phone tower leases, and home plans, with the assistance of a third party valuation firm based primarily on a replacement cost approach. Our preliminary estimates of the fair value of the non-solicitation agreement, cell phone tower leases, and homes plans was $1.4 million, $1.4 million and $0.3 million, respectively, which will be amortized over 2 years, 17 years, and 7 years, respectively. In total, amortizable intangible assets will be amortized over a weighted average life of 9.3 years.
	We determined that LVLH’s carrying costs approximated fair value for all other acquired assets and assumed liabilities.
	Goodwill includes the anticipated economic value of the acquired workforce. Approximately $10.0 million of goodwill is expected to be deductible for tax purposes.
	During the third quarter we recorded measurement period adjustments which decreased the estimated value of prepaid expenses and other assets and goodwill by $0.6 million and $2.2 million, respectively, and increased the estimated value of inventory by $2.8 million. The measurement period adjustments resulted in an increase to cost of sales for the three months ended September 30, 2014 of $0.5 million. As we have not completed our estimate of the fair value of the assets acquired and liabilities assumed, the final determinations of the values may result in adjustments to the amounts presented above and a corresponding adjustment to goodwill.

	Acquisition of Grand View Builders
	On August 12, 2014, we purchased substantially all of the assets and operations of Grand View Builders (“Grand View”) in Houston, Texas for a purchase price of approximately $13 million and annual earnout payments based on a percentage of adjusted pre-tax income over the next two years. As the acquired assets and processes have the ability to create outputs in the form of revenue from the sale of single family residences, we concluded that the acquisition represents a business combination. We incurred $0.1 million in acquisition-related costs, which are included in other income (expense) on the consolidated statement of operations.




	Assets acquired and liabilities assumed
	Accounts receivable	$	188
	Inventories		12,356
	Prepaid expenses and other assets		295
	Property and equipment		185
	Amortizable intangible assets		2,028
	Goodwill		1,489
	Total assets	$	16,541

	Accrued expenses and other liabilities (inclusive of earnout liability)	$	3,684
	Total liabilities	$	3,684

	We determined the preliminary estimate of fair value for acquired inventories on a lot by lot basis primarily using a forecasted cash flow approach for the development, marketing, and sale of each lot acquired. Significant assumptions included in our estimate include future construction and overhead costs, sales price, and absorption rates.
	We determined the preliminary estimate of fair value for amortizable intangible assets, which includes a non-compete agreement, trade names, home plans, and backlog associated with certain custom home contracts, with the assistance of a third party valuation firm. Our preliminary estimate of the fair value of the non-compete agreement, trade names, home plans and backlog were $0.3 million, $1.4 million, $0.1 million, and $0.2 million respectively, which will be amortized over 2 years, 2.3 years, 7 years, and 1.5 years, respectively. In total, amortizable intangible assets will be amortized over a weighted average life of 2.4 years.
	The fair value of the earnout on the acquisition date of $2.8 million was determined with the assistance of a third party valuation firm based on probability weighting scenarios and discounting the potential payments which range from $0 to a maximum of $5.3 million. The maximum earnout amount is subject to downward reductions of up to $1.5 million based on the number of future lots acquired over the next two years in our Houston division. The earnout liability is included in accrued expenses and other liabilities on the consolidated balance sheet.
	We determined that Grand View’s carrying costs approximated fair value for all other acquired assets and assumed liabilities.
	Goodwill includes the anticipated economic value of the acquired workforce. We have not finalized the amount of goodwill that will be deductible for tax purposes.
	As we have not completed our estimate of the fair value of the assets acquired and liabilities assumed, the final determinations of the values may result in adjustments to the amounts presented above and a corresponding adjustment to goodwill.

Income_Taxes

Income Taxes	9 Months Ended
Income Taxes	Sep. 30, 2014
Income Taxes [Abstract]	'
Income Taxes	'
	11. Income Taxes
	On April 30, 2013, the Company reorganized from a Colorado limited liability company into a Delaware corporation, and accordingly, we are subject to federal and state income taxes subsequent to April 30, 2013. On the date of conversion, we recorded a net deferred tax liability of $0.6 million on our consolidated balance sheet, the effect of which was recorded as a deferred tax on conversion to a corporation in our consolidated statement of operations.
	At the end of each interim period, we are required to estimate our annual effective tax rate for the fiscal year and use that rate to provide for income taxes for the current year-to-date reporting period. Accordingly, we recorded income tax expense of $2.6 million and $7.1 million for the three and nine months ended September 30, 2014. Our income tax expense for the three and nine months ended September 30, 2014 is based on our estimated annual effective tax rate of approximately 34% and certain discreet items recorded in the third quarter of 2014. The discreet items related to the filing of our prior year federal income tax returns, and impacted our effective tax rate by approximately 3.4% and 1.6% for the three and nine month periods ended September 30, 2014, respectively.

Fair_Value_Disclosures

Fair Value Disclosures	9 Months Ended
Fair Value Disclosures	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Disclosures	'
	12. Fair Value Disclosures
	ASC 820, Fair Value Measurement, defines fair value as the price that would be received for selling an asset or paid to transfer a liability in an orderly transaction between market participants at measurement date and requires assets and liabilities carried at fair value to be classified and disclosed in the following three categories:
	Level 1—Quoted prices for identical instruments in active markets.
	Level 2—Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are inactive; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets at measurement date.
	Level 3—Valuations derived from techniques where one or more significant inputs or significant value drivers are unobservable in active markets at measurement date.
	The following table presents carrying values and estimated fair values of financial instruments (in thousands):




					30-Sep-14				December 31, 2013
							Fair				Fair
			Hierarchy		Carrying		Value		Carrying		Value
	6.875% senior notes (1)		Level 2		$	198,557	$	203,571	$	—	$	—
	Land development notes (1)		Level 2		$	5,740	$	5,723	$	1,500	$	1,490
	Insurance premium notes (1)		Level 2		$	5,682	$	5,682	$	—	$	—
	Capital lease obligations (1)		Level 2		$	69	$	69	$	—	$	—
	Earnout liability(2)		Level 3		$	2,768	$	2,768	$	—	$	—

		-1		Estimated fair values as of September 30, 2014 and December 31, 2013 were based on cash flow models discounted at market interest rates that considered underlying risks of the debt.
		-2		Recognized in connection with the acquisition of Grand View on August 12, 2014. A Monte Carlo model was used to value the earnout by simulating earnings, applying the terms of the earnout in each simulated path, determining the average payment in each year across all the trials of the simulation, and calculating the sum of the present values of the payments in each year. The primary inputs and key assumptions of this Monte Carlo model included a range of forecasted revenue and gross margin scenarios which increased and decreased by 10.1% from our base case and discount rates ranging from 5.1% to 6.3%.
	The carrying amount of cash and cash equivalents approximates fair value. Nonfinancial assets and liabilities include items such as inventory and long-lived assets that are measured at fair value when acquired and resulting from impairment, if deemed necessary.

Stock_Based_Compensation

Stock Based Compensation	9 Months Ended
Stock Based Compensation	Sep. 30, 2014
Stock Based Compensation [Abstract]	'
Stock Based Compensation	'
	13. Stock Based Compensation
	The Company’s authorized capital stock consists of 100.0 million shares of common stock, $0.01 par value per share and 50.0 million shares of preferred stock, $0.01 par value. As of September 30, 2014 and December 31, 2013, there were 21.1 million and 17.1 million shares of common stock issued and outstanding, exclusive of the restricted common stock issued, respectively. The Company also has reserved a total of 1.8 million shares of common stock for issuance under our First Amended & Restated 2013 Long-Term Incentive Plan, including outstanding awards. During the three months ended September 30, 2014, the Company issued 53 thousand shares of restricted common stock awards with a grant date fair value of $21.13 per share.
	As of September 30, 2014, 0.4 million shares of restricted common stock were unvested, and $6.7 million of unrecognized compensation costs is expected to be recognized over a weighted average period of 2.4 years.
	During the three and nine months ended September 30, 2014 and 2013, the Company recognized stock-based compensation expense of $0.7 million, $1.5 million, $0.3 million and $0.4 million, respectively, which is included in selling, general, and administrative on the consolidated statement of operations.

Earnings_Per_Share

Earnings Per Share	9 Months Ended
Earnings Per Share	Sep. 30, 2014
Earnings Per Share [Abstract]	'
Earnings Per Share	'
	14. Earnings Per Share
	We use the two-class method of calculating earnings per share (“EPS”) as our non-vested restricted stock awards have non-forfeitable rights to dividends, and accordingly represent a participating security. The two-class method is an earnings allocation method under which EPS is calculated for each class of common stock and participating security considering both dividends declared (or accumulated) and participation rights in undistributed earnings as if all such earnings had been distributed during the period.
	For purposes of determining weighted average shares outstanding for the three and nine months ended September 30, 2013, the 5.0 million shares that were issued to our outstanding membership interests upon conversion of the Company from a Colorado limited liability company to a Delaware corporation, are reflected as outstanding at the beginning of the period presented.
	The following table sets forth the computation of basic and diluted earnings per share for the three and nine months ended September 30, 2014 and 2013 (in thousands, except share and per share information):




		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2014		2013		2014		2013
	Numerator
	Net income	$	4,127	$	2,438	$	12,834	$	9,381
	Less: Net income attributable to the noncontrolling interests		—		—		—		-52
	Less: Undistributed earnings allocated to participating securities		-70		-23		-179		-69
	Numerator for basic and diluted EPS	$	4,057	$	2,415	$	12,655	$	9,260
	Denominator
	Basic and diluted earnings per share—weighted average shares		21,113,708		17,075,000		18,635,986		11,457,692
	Basic and diluted EPS	$	0.19	$	0.14	$	0.68	$	0.81

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
Commitments and Contingencies	Sep. 30, 2014
Commitments and Contingencies [Abstract]	'
Commitments and Contingencies	'

	15. Commitments and Contingencies
	Letters of Credit and Performance Bonds
	In the normal course of business, the Company posts letters of credit and performance bonds related to our land development performance obligations with local municipalities. As of September 30, 2014 and December 31, 2013, we had $31.0 million and $3.0 million, respectively, in letters of credit and performance bonds issued and outstanding.
	Litigation
	The Company is subject to claims and lawsuits that arise primarily in the ordinary course of business, which consist primarily of construction defect claims. It is the opinion of management that if the claims have merit, parties other than the Company would be, at least in part, liable for the claims, and eventual outcome of these claims will not have a material adverse effect upon our consolidated financial condition, results of operations, or cash flows. When we believe that a loss is probable and estimable, we record a charge to selling, general, and administrative on our consolidated statement of operations for our estimated loss.

Pro_Forma_Financial_Informatio

Pro Forma Financial Information	9 Months Ended
Pro Forma Financial Information	Sep. 30, 2014
Pro Forma Financial Information [Abstract]	'
Pro Forma Financial Information	'
	16. Pro forma Financial Information
	Unaudited pro forma income before tax expense for the three and nine months ended September 30, 2014 and 2013, gives effect to including the results of acquisitions of Jimmy Jacobs, L.P. (“Jimmy Jacobs”), LVLH and Grand View as of January 1, 2014 and 2013 respectively. Unaudited pro forma income before tax expense adjusts the operating results of Jimmy Jacobs, LVLH, and Grand View to reflect the additional costs that would have been recorded assuming the fair value adjustments had been applied as of the beginning of the period presented.
	Pro forma basic and diluted net income per share for the three and nine months ended September 30, 2013 gives effect to the conversion of the Company’s members’ equity into common stock as though the conversion had occurred as of the beginning of 2013. In addition, the pro forma amounts give effect to reflect income tax adjustments as if the Company were a taxable entity as of the beginning of 2013. The pro forma income tax adjustment reflects that the Company would have filed a consolidated tax return as a corporation reflecting a consolidated net income for the periods presented (in thousands, except share and per share information):













			Three Months Ended			Nine Months Ended
			September 30,			September 30,
			2014	2013		2014		2013
	Revenues	$	97,440	$	94,200	$	266,092	$	238,646
	Income before tax expense		6,722		8,411		22,607		22,288
	Tax expense		2,580		2,944		8,059		7,801
	Consolidated net income of Century Communities, Inc.		4,142		5,467		14,548		14,487
	Less: Net income attributable to the noncontrolling interest		—		—		—		-52
	Less: Undistributed earnings allocated to participating securities		-70		-43		-224		-106
	Numerator for basic and diluted pro forma EPS	$	4,072	$	5,424	$	14,324	$	14,329
	Pro forma weighted average shares		21,113,708		17,075,000		18,635,986		11,457,692
	Pro forma basic and diluted EPS	$	0.19	$	0.32	$	0.77	$	1.25

Subsequent_Events

Subsequent Events	9 Months Ended
	Sep. 30, 2014
Subsequent Events [Abstract]	'
Subsequent Events	'
	17. Subsequent Events

	Revolving Credit Agreement
	On October 21, 2014, we entered into a credit agreement with Texas Capital Bank, National Association, as Administrative Agent and L/C Issuer, and the lenders from time to time party thereto (the “Credit Agreement”). The Credit Agreement provides the Company with a revolving line of credit (the “Credit Facility”) of up to $120 million.
	Unless terminated earlier, the Credit Facility will mature on October 21, 2017, and the principal amount thereunder, together with all accrued unpaid interest and other amounts owing thereunder, if any, will be payable in full on such date. The Company may request a twelve-month extension of the maturity date subject to the approval of the lenders and the Administrative Agent.
	Under the terms of the Credit Agreement, the Company is entitled to request an increase in the size of the Credit Facility by an amount not exceeding $80 million. If the existing lenders elect not to provide the full amount of a requested increase, the Company may invite one or more other lender(s) to become a party to the Credit Agreement, subject to the approval of the Administrative Agent and L/C Issuer. The Credit Agreement includes a letter of credit sublimit of $20 million. The obligations under the Credit Agreement are guaranteed by certain of the Company’s subsidiaries.
	Borrowings under the Credit Agreement bear interest at a floating rate equal to the London Interbank Offered Rate plus an applicable margin between 2.75% and 3.25% per annum, or, in the Administrative Agent’s discretion, a base rate plus an applicable margin between 1.75% and 2.25% per annum. The “applicable margins” described above are determined by a schedule based on the leverage ratio of the Company, as defined in the Credit Agreement. The Credit Agreement also provides for fronting fees and letter of credit fees payable to the L/C Issuer and commitment fees payable to the Administrative Agent equal to 0.20% of the unused portion of the Credit Facility.
	The Credit Agreement contains customary affirmative and negative covenants (including limitations on the Company’s ability to grant liens, incur additional debt, pay dividends, redeem its common stock, make certain investments and engage in certain merger, consolidation or asset sale transactions), as well as customary events of default. The Credit Agreement also requires the Company to maintain (i) a leverage ratio of not more than 1.50 to 1.0 as of the last day of any fiscal quarter, based upon the ratio of debt to tangible net worth of the Company and its subsidiaries on a consolidated basis, (ii) an interest coverage ratio of not less than 1.50 to 1.0 for any four fiscal quarter period, based upon the ratio of EBITDA to cash interest expense of the Company and its subsidiaries on a consolidated basis, (iii) a consolidated tangible net worth of not less than the sum of $250 million, plus 50% of the net proceeds of any issuances of equity interests of the Company and the guarantors of the Credit Facility, plus 50% of the amount of consolidated net income of the Company and its subsidiaries, (iv) liquidity of not less than $25 million, and (v) a risk asset ratio of not more than 1.25 to 1.0, based upon the ratio of the book value of all risk assets owned by the Company and its subsidiaries to the Company’s tangible net worth.

	Acquisition of Peachtree Communities, LLC

	On November 13, 2014, we acquired substantially all the assets and operations of Peachtree Communities a leading homebuilder in Atlanta, Georgia for approximately $55 million in cash. The acquired assets include land, homes under construction and model homes in 36 communities in the greater Atlanta area. As a result of this transaction, we now own or control 2,120 lots in the greater Atlanta market.

	As the acquired assets and processes have the ability to create outputs in the form of revenue from the sale of single family residences, we concluded that the acquisition represents a business combination.
	The following table summarizes our preliminary estimates of the fair value of the assets acquired and liabilities assumed as of the acquisition date:



	Assets acquired and liabilities assumed
	Inventories	$	56,059
	Prepaid expenses and other assets		689
	Amortizable intangible assets		2,500
	Goodwill		7,919
	Total assets	$	67,167

	Accounts payable	$	14,811
	Total liabilities	$	14,811


	Stock Repurchase Program

	On November 5, 2014, our Board of Directors authorized a stock repurchase program under which the Company may repurchase up to 2,000,000 shares of its outstanding common stock, $0.01 par value per share. The shares may be repurchased from time to time in open market transactions at prevailing market prices, or by other means in accordance with federal securities laws. The actual manner, timing, amount and value of share repurchases under the stock repurchase program will be determined by management at its discretion and will depend on a number of factors, including the market price of the Company’s common stock and general market and economic conditions.

Basis_of_Presentation_Policy

Basis of Presentation (Policy)	9 Months Ended
Basis of Presentation (Policy)	Sep. 30, 2014
Basis of Presentation [Abstract]	'
Basis of Presentation	'
	Basis of Presentation
	Century Communities, Inc. a Delaware corporation (“we” or the “Company”) is engaged in all aspects of homebuilding, including land acquisition and development, entitlements, and the acquisition, development, construction, marketing, and sale of various single-family detached and attached residential home projects primarily in major metropolitan markets in Colorado, Central Texas, Houston, and Nevada.
	The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial statements and pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments consisting of normal recurring adjustments necessary for a fair presentation of its financial position and results of operations. Interim results of operations are not necessarily indicative of the results that may be achieved for the full year. The financial statements and related notes do not include all information and footnotes required by GAAP and should be read in conjunction with the consolidated financial statements for the year ended December 31, 2013, which are included in our prospectus dated June 17, 2014 that was filed with the SEC on June 18, 2014.

Principles of Consolidation	'
	Principles of Consolidation
	The consolidated financial statements include the accounts of the Company, as well as all subsidiaries in which we have a controlling interest. All intercompany accounts and transactions have been eliminated.

Use of Estimates	'
	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Accordingly, actual results could differ from those estimates.


Recently Issued Accounting Standards	'
	Recently Issued Accounting Standards

	In May 2014, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2014-09, “Revenue from Contracts with Customers.” The pronouncement was issued to clarify the principles for recognizing revenue and to develop a common revenue standard and disclosure requirements for GAAP. The pronouncement is effective for reporting periods beginning after December 15, 2016. We are currently evaluating the impact of adoption of ASU 2014-09 on the Company’s consolidated financial position and results of operations.

	In August 2014, the FASB issued ASU No. 2014-15, “Disclosure of Uncertainties About an Entity's Ability to Continue as a Going Concern”, (ASU 2014-15), which requires management to perform interim and annual assessments on whether there are conditions or events that raise substantial doubt about the entity's ability to continue as a going concern within one year of the date the financial statements are issued and to provide related disclosures, if required. The amendments in ASU 2014-15 are effective for the annual period ending after December 15, 2016, and for annual and interim periods thereafter. Early adoption is permitted. Our adoption of ASU 2014-15 is not expected to have a material effect on our consolidated financial statements and related disclosures.

Reporting_Segments_Tables

Reporting Segments (Tables)	9 Months Ended
Reporting Segments (Tables)	Sep. 30, 2014
Reporting Segments [Abstract]	'
Schedule of Home Sale Revenues and Pretax Income by Segment	'


		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2014		2013		2014		2013
	Home sales, golf and other revenues
	Colorado	$	40,291	$	37,963	$	124,490	$	103,971
	Central Texas		16,460		3,531		42,746		3,531
	Houston		7,365		—		7,365		—
	Nevada		27,845		—		46,883		—
	Total	$	91,961	$	41,494	$	221,484	$	107,502

	Income before tax expense
	Colorado	$	5,620	$	6,217	$	19,856	$	18,383
	Central Texas		2,172		232		4,287		232
	Houston		-87		—		-87		—
	Nevada		2,731		—		5,412		—
	Corporate		-3,739		-2,665		-9,525		-5,277
	Total	$	6,697	$	3,784	$	19,943	$	13,338


Schedule of Total Assets by Segment	'


		September 30,		December 31,
		2014		2013
	Colorado	$	251,733	$	167,948
	Central Texas		74,055		27,386
	Houston		25,540		—
	Nevada		176,982		—
	Corporate		110,283		117,305
	Total	$	638,593	$	312,639

Inventories_Tables

Inventories (Tables)	9 Months Ended
Inventories (Tables)	Sep. 30, 2014
Inventories [Abstract]	'
Schedule of Inventories	'


		September 30,		December 31,
		2014		2013
	Homes under construction	$	180,539	$	89,202
	Land and land development		272,038		92,050
	Capitalized interest		8,989		2,820
	Total	$	461,566	$	184,072

Prepaid_Expenses_and_Other_Ass1

Prepaid Expenses and Other Assets (Tables)	9 Months Ended
Prepaid Expenses and Other Assets (Tables)	Sep. 30, 2014
Prepaid Expenses and Other Assets [Abstract]	'
Schedule of Prepaid Expenses and Other Assets	'


		September 30,		December 31,
		2014		2013
	Prepaid insurance	$	8,605	$	1,260
	Lot option and escrow deposits		4,546		3,218
	Performance deposits		6,001		1,899
	Deferred financing costs, net		5,118		—
	Other		3,232		2,038
	Total	$	27,502	$	8,415

Accrued_Expenses_and_Other_Lia1

Accrued Expenses and Other Liabilities (Tables)	9 Months Ended
Accrued Expenses and Other Liabilities (Tables)	Sep. 30, 2014
Accrued Expenses and Other Liabilities [Abstract]	'
Schedule of Accrued Expenses and Other Liabilities	'


		September 30,		December 31,
		2014		2013
	Customer and escrow deposits	$	4,622	$	3,327
	Warranty reserve		2,114		1,150
	Accrued compensation costs		6,400		5,511
	Land development and home construction accruals		25,256		12,286
	Accrued interest		5,653		9
	Income tax payable		—		4,731
	Billings in excess of collections		85		1,199
	Earnout liability		2,768		—
	Other		3,776		2,145
	Total	$	50,674	$	30,358

Warranty_Reserve_Tables

Warranty Reserve (Tables)	9 Months Ended
Warranty Reserve (Tables)	Sep. 30, 2014
Warranty Reserve [Abstract]	'
Schedule of Changes in Warranty Accrual	'


		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2014		2013		2014		2013
	Accrued warranty reserve, beginning of period	$	1,546	$	845	$	1,150	$	679
	Warranty reserves assumed in business combinations		200		—		341		—
	Warranty expense provisions		715		195		1,354		582
	Payments		-347		-204		-731		-425
	Accrued warranty reserve, end of period	$	2,114	$	836	$	2,114	$	836

Notes_Payable_and_Revolving_Lo1

Notes Payable and Revolving Loan Agreement (Tables)	9 Months Ended
Notes Payable and Revolving Loan Agreement (Tables)	Sep. 30, 2014
Notes Payable and Revolving Loan Agreement [Abstract]	'
Schedule of Notes Payable and Revolving Loan Agreement	'
			September 30,		December 31,
			2014		2013
	6.875% senior notes(A)		$	198,557	$	—
	Land development notes(B)			5,740		1,500
	Insurance premium notes (C)			5,682		—
	Capital lease obligations (D)			69		—
	Revolving loan agreement(E)			—		—
	Total		$	210,048	$	1,500

		(A)		In May 2014, we completed a private offering of $200.0 million in aggregate principal amount of senior unsecured notes due 2022 in reliance on Rule 144A and Regulation S under the Securities Act of 1933, as amended. We received net proceeds of approximately $193.3 million. The notes carry a coupon of 6.875% per annum and were issued at a price equal to 99.239% of their principal amount. The senior notes are unsecured senior obligations which are guaranteed on an unsecured senior basis by certain of our current and future subsidiaries. The senior notes contain certain restrictions on issuing future secured debt and other transactions but do not contain financial covenants. The principal balance is due in May 2022, with interest only payments due semi-annually in November and May.
		(B)		Four notes with maturity dates ranging from March 2015 to April 2016 with interest only payments ranging from 0.5% to 5.0%.
		(C)		Two notes due October 2015 and November 2015, respectively, and monthly interest and principal payments at 2.65% and 3.89%, respectively.
		(D)		Various equipment leases with maturities ranging from 2 to 4 years.
		(E)		On October 18, 2013 we entered into a three-year revolving loan agreement with a maximum borrowings of $100.0 million. Borrowings on the revolving loan agreement bear interest at a daily rate of LIBOR plus 2.50%. The revolving loan agreement was terminated on July 1, 2014, however letters of credit of $0.8 million issued prior to termination remain outstanding as of September 30, 2014.

Interest_Tables

Interest (Tables)	9 Months Ended
Interest (Tables)	Sep. 30, 2014
Interest [Abstract]	'
Schedule of Interest Costs	'


		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2014		2013		2014		2013
	Interest capitalized beginning of period	$	5,850	$	3,312	$	2,820	$	3,243
	Interest capitalized during period		3,894		86		7,452		976
	Less: capitalized interest in cost of sales		-755		-530		-1,283		-1,351
	Interest capitalized end of period	$	8,989	$	2,868	$	8,989	$	2,868

Business_Combinations_Tables

Business Combinations (Tables)	9 Months Ended
Business Combinations (Tables)	Sep. 30, 2014
Las Vegas Land Holdings [Member]	'
Business Acquisition [Line Items]	'
Schedule of Preliminary Recognized Assets Acquired and Liabilities Assumed	'


	Assets acquired and liabilities assumed
	Accounts receivable	$	347
	Inventories		144,531
	Prepaid expenses and other assets		2,910
	Property and equipment		8,619
	Amortizable intangible assets		3,076
	Goodwill		11,282
	Total assets	$	170,765

	Accounts payable	$	2,074
	Accrued expenses and other liabilities		1,816
	Notes payable and capital lease obligations		1,497
	Total liabilities	$	5,387


Grand View Builders Inc. [Member]	'
Business Acquisition [Line Items]	'
Schedule of Preliminary Recognized Assets Acquired and Liabilities Assumed	'


	Assets acquired and liabilities assumed
	Accounts receivable	$	188
	Inventories		12,356
	Prepaid expenses and other assets		295
	Property and equipment		185
	Amortizable intangible assets		2,028
	Goodwill		1,489
	Total assets	$	16,541

	Accrued expenses and other liabilities (inclusive of earnout liability)	$	3,684
	Total liabilities	$	3,684

Fair_Value_Disclosures_Tables

Fair Value Disclosures (Tables)	9 Months Ended
Fair Value Disclosures (Tables)	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
Schedule of Carrying Values and Estimated Fair Values of Financial Instruments	'


					30-Sep-14				December 31, 2013
							Fair				Fair
			Hierarchy		Carrying		Value		Carrying		Value
	6.875% senior notes (1)		Level 2		$	198,557	$	203,571	$	—	$	—
	Land development notes (1)		Level 2		$	5,740	$	5,723	$	1,500	$	1,490
	Insurance premium notes (1)		Level 2		$	5,682	$	5,682	$	—	$	—
	Capital lease obligations (1)		Level 2		$	69	$	69	$	—	$	—
	Earnout liability(2)		Level 3		$	2,768	$	2,768	$	—	$	—

		-1		Estimated fair values as of September 30, 2014 and December 31, 2013 were based on cash flow models discounted at market interest rates that considered underlying risks of the debt.
		-2		Recognized in connection with the acquisition of Grand View on August 12, 2014. A Monte Carlo model was used to value the earnout by simulating earnings, applying the terms of the earnout in each simulated path, determining the average payment in each year across all the trials of the simulation, and calculating the sum of the present values of the payments in each year. The primary inputs and key assumptions of this Monte Carlo model included a range of forecasted revenue and gross margin scenarios which increased and decreased by 10.1% from our base case and discount rates ranging from 5.1% to 6.3%.

Earnings_Per_Share_Tables

Earnings Per Share (Tables)	9 Months Ended
Earnings Per Share (Tables)	Sep. 30, 2014
Earnings Per Share [Abstract]	'
Schedule of Earnings Per Share, Basic and Diluted	'


		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2014		2013		2014		2013
	Numerator
	Net income	$	4,127	$	2,438	$	12,834	$	9,381
	Less: Net income attributable to the noncontrolling interests		—		—		—		-52
	Less: Undistributed earnings allocated to participating securities		-70		-23		-179		-69
	Numerator for basic and diluted EPS	$	4,057	$	2,415	$	12,655	$	9,260
	Denominator
	Basic and diluted earnings per share—weighted average shares		21,113,708		17,075,000		18,635,986		11,457,692
	Basic and diluted EPS	$	0.19	$	0.14	$	0.68	$	0.81

Pro_Forma_Financial_Informatio1

Pro Forma Financial Information (Tables)	9 Months Ended
Pro Forma Financial Information (Tables)	Sep. 30, 2014
Pro Forma Financial Information [Abstract]	'
Schedule of Pro Forma Information	'


			Three Months Ended			Nine Months Ended
			September 30,			September 30,
			2014	2013		2014		2013
	Revenues	$	97,440	$	94,200	$	266,092	$	238,646
	Income before tax expense		6,722		8,411		22,607		22,288
	Tax expense		2,580		2,944		8,059		7,801
	Consolidated net income of Century Communities, Inc.		4,142		5,467		14,548		14,487
	Less: Net income attributable to the noncontrolling interest		—		—		—		-52
	Less: Undistributed earnings allocated to participating securities		-70		-43		-224		-106
	Numerator for basic and diluted pro forma EPS	$	4,072	$	5,424	$	14,324	$	14,329
	Pro forma weighted average shares		21,113,708		17,075,000		18,635,986		11,457,692
	Pro forma basic and diluted EPS	$	0.19	$	0.32	$	0.77	$	1.25

Subsequent_Events_Tables

Subsequent Events (Tables) (Peachtree Communities [Member], Subsequent Event [Member])	9 Months Ended
	Sep. 30, 2014
Peachtree Communities [Member] \| Subsequent Event [Member]	'
Subsequent Event [Line Items]	'
Schedule of Preliminary Recognized Assets Acquired and Liabilities Assumed	'

	Assets acquired and liabilities assumed
	Inventories	$	56,059
	Prepaid expenses and other assets		689
	Amortizable intangible assets		2,500
	Goodwill		7,919
	Total assets	$	67,167

	Accounts payable	$	14,811
	Total liabilities	$	14,811

Initial_Public_Offering_and_Is1

Initial Public Offering and Issuance of Senior Unsecured Notes (Details) (USD $)	9 Months Ended			1 Months Ended		9 Months Ended
Share data in Millions, except Per Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013	Jun. 30, 2014	31-May-14	Sep. 30, 2014
				Common Stock [Member]	Senior Unsecured Note [Member]	Senior Unsecured Note [Member]
				IPO [Member]
Initial Public Offering and Issuance of Senior Unsecured Notes [Line Items]	'	'	'	'	'	'
Principal amount	'	'	'	'	$200,000,000	'
Proceeds from issuance of debt	'	'	'	'	193,300,000	'
Coupon rate	'	'	'	'	6.88%	'
Discount rate	'	'	'	'	99.24%	'
Maturity date	'	'	'	'	'	'2022-05
Payment of revolving loan agreement	'	'	'	'	99,200,000	'
Shares issued	'	'	'	4	'	'
Common stock, par value (in dollars per share)	$0.01	'	$0.01	$0.01	'	'
Stock price per share	'	'	'	$23	'	'
Net proceeds from issuances of common stock	$81,890,000	$223,729,000	'	$81,900,000	'	'

Reporting_Segments_Schedule_of

Reporting Segments (Schedule of Segment Reporting Information) (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Segment Reporting Information [Line Items]	'	'	'	'	'
Total home sales, golf and other revenues	$91,961	$41,494	$221,484	$107,502	'
Total income before taxes	6,697	3,784	19,943	13,338	'
Total assets	638,593	'	638,593	'	312,639
Colorado [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Total home sales, golf and other revenues	40,291	37,963	124,490	103,971	'
Total income before taxes	5,620	6,217	19,856	18,383	'
Total assets	251,733	'	251,733	'	167,948
Central Texas [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Total home sales, golf and other revenues	16,460	3,531	42,746	3,531	'
Total income before taxes	2,172	232	4,287	232	'
Total assets	74,055	'	74,055	'	27,386
Houston [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Total home sales, golf and other revenues	7,365	'	7,365	'	'
Total income before taxes	-87	'	-87	'	'
Total assets	25,540	'	25,540	'	'
Nevada [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Total home sales, golf and other revenues	27,845	'	46,883	'	'
Total income before taxes	2,731	'	5,412	'	'
Total assets	176,982	'	176,982	'	'
Corporate [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Total income before taxes	-3,739	-2,665	-9,525	-5,277	'
Total assets	$110,283	'	$110,283	'	$117,305

Inventories_Details

Inventories (Details) (USD $)	Sep. 30, 2014	Jun. 30, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified	Sep. 30, 2014	Jun. 30, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Dec. 31, 2012
Inventories [Abstract]	'	'	'	'	'	'
Homes under construction	$180,539	'	$89,202	'	'	'
Land and land development	272,038	'	92,050	'	'	'
Capitalized interest	8,989	5,850	2,820	2,868	3,312	3,243
Total	$461,566	'	$184,072	'	'	'

Prepaid_Expenses_and_Other_Ass2

Prepaid Expenses and Other Assets (Schedule of Prepaid Expenses and Other Assets) (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Prepaid Expenses and Other Assets [Abstract]	'	'
Prepaid insurance	$8,605	$1,260
Lot option and escrow deposits	4,546	3,218
Performance deposits	6,001	1,899
Deferred financing costs, net	5,118	'
Other	3,232	2,038
Total	$27,502	$8,415

Accrued_Expenses_and_Other_Lia2

Accrued Expenses and Other Liabilities (Schedule of Accrued and Other Current Liabilities) (Details) (USD $)	Sep. 30, 2014	Jun. 30, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified	Sep. 30, 2014	Jun. 30, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Dec. 31, 2012
Accrued Expenses and Other Liabilities [Abstract]	'	'	'	'	'	'
Customer and escrow deposits	$4,622	'	$3,327	'	'	'
Warranty reserve	2,114	1,546	1,150	836	845	679
Accrued compensation costs	6,400	'	5,511	'	'	'
Land development and home construction accruals	25,256	'	12,286	'	'	'
Accrued interest	5,653	'	9	'	'	'
Income tax payable	'	'	4,731	'	'	'
Billings in excess of collections	85	'	1,199	'	'	'
Earnout liability	2,768	'	'	'	'	'
Other	3,776	'	2,145	'	'	'
Total	$50,674	'	$30,358	'	'	'

Warranty_Reserve_Schedule_of_C

Warranty Reserve (Schedule of Changes in Warranty Accrual) (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Warranty Reserve [Abstract]	'	'	'	'
Accrued warranty reserve, beginning of period	$1,546	$845	$1,150	$679
Warranty reserves assumed in business combinations	200	'	341	'
Warranty expense provisions	715	195	1,354	582
Payments	-347	-204	-731	-425
Accrued warranty reserve, end of period	$2,114	$836	$2,114	$836

Notes_Payable_and_Revolving_Lo2

Notes Payable and Revolving Loan Agreement (Schedule of Notes Payable And Revolving Line Of Credit) (Details) (USD $)

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

31-May-14

Sep. 30, 2014

Minimum [Member]

Maximum [Member]

Senior Unsecured Note [Member]

Land Development Note [Member]

Insurance Premium Note [Member]

Capital Lease Obligations [Member]

Revolving Credit Agreement [Member]

loan

Minimum [Member]

Maximum [Member]

loan

Note payable One [Member]

Note Payable Two [Member]

Minimum [Member]

Maximum [Member]

LIBOR [Member]

Debt Instrument [Line Items]

6.875% senior notes

$198,557,000

[1]

Land development notes

5,740,000

[2]

1,500,000

[2]

Insurance premium notes

5,682,000

[3]

Capital lease obligations

69,000

[4]

Revolving loan agreement

[5]

Total

210,048,000

1,500,000

Maturity date

'2022-05

'2015-03

'2016-04

'2015-10

'2015-11

Number of notes payable

Principal amount

200,000,000

Interest rate

6.88%

0.50%

5.00%

2.65%

3.89%

Net proceeds from issuance of senior debt

193,300,000

Discount rate

5.10%

6.30%

99.24%

Line of credit facility, initiation date

18-Oct-13

Debt, term

'2 years

'4 years

'3 years

Line of credit facility

100,000,000

Basis spread on variable rate

2.50%

Letters of credit outstanding, amount

$800,000

[1]

In May 2014, we completed a private offering of $200.0B million in aggregate principal amount of senior unsecured notes due 2022 in reliance on RuleB 144A and RegulationB S under the Securities Act of 1933, as amended. We received net proceeds of approximately $193.3B million. The notes carry a coupon of 6.875% per annum and were issued at a price equal to 99.239% of their principal amount. The senior notes are unsecured senior obligations which are guaranteed on an unsecured senior basis by certain of our current and future subsidiaries. The senior notes contain certain restrictions on issuing future secured debt and other transactions but do not contain financial covenants. The principal balance is due in May 2022, with interest only payments due semi-annually in November and May.

[2]

Four notes with maturity dates ranging from March 2015 to AprilB 2016 with interest only payments ranging from 0.5% to 5.0%.

[3]

Two notes due October 2015 and November 2015, respectively, and monthly interest and principal payments at 2.65% and 3.89%, respectively.

[4]

Various equipment leases with maturities ranging from 2 to 4 years.

[5]

On October 18, 2013 we entered into a three-year revolving loan agreement with a maximum borrowings of $100.0 million. Borrowings on the revolving loan agreement bear interest at a daily rate of LIBOR plus 2.50%. The revolving loan agreement was terminated on July 1, 2014, however letters of credit of $0.8 million issued prior to termination remain outstanding as of September 30, 2014.

Interest_Details

Interest (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Interest [Abstract]	'	'	'	'
Interest capitalized beginning of period	$5,850	$3,312	$2,820	$3,243
Interest capitalized during period	3,894	86	7,452	976
Less: capitalized interest in cost of sales	-755	-530	-1,283	-1,351
Interest capitalized end of period	$8,989	$2,868	$8,989	$2,868

Business_Combinations_Narrativ

Business Combinations (Narrative) (Details) (USD $)

3 Months Ended

9 Months Ended

0 Months Ended

9 Months Ended

3 Months Ended

0 Months Ended

9 Months Ended

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Dec. 31, 2013

Apr. 01, 2014

Sep. 30, 2014

Apr. 01, 2014

Sep. 30, 2014

Aug. 12, 2014

Sep. 30, 2014

Aug. 12, 2014

Sep. 30, 2014

Las Vegas Land Holdings [Member]

Grand View Builders Inc. [Member]

Non-solicitation agreement [Member]

Cell phone tower leases [Member]

Home plans [Member]

Noncompete Agreements [Member]

Trade Names [Member]

Backlog [Member]

item

Measurement Period Adjustments [Member]

Minimum [Member]

Maximum [Member]

Las Vegas Land Holdings [Member]

Grand View Builders Inc. [Member]

Business Acquisition [Line Items]

Purchase price

$178,235,000

$15,132,000

$165,000,000

$13,000,000

Number of lots

1,761

Number of homes in backlog

Number of model homes

Number of custom home lots

Number of golf courses

Number of commercial plots

Number of communities

Acquisition costs

800,000

100,000

Preliminary estimate of fair value

1,400,000

300,000

100,000

300,000

1,400,000

200,000

Amortization period

'2 years

'17 years

'7 years

'2 years

'2 years 3 months 18 days

'1 year 6 months

Weighted average life of intangible assets

'9 years 3 months 18 days

'2 years 4 months 24 days

Fair value of acquisition earnout

2,768,000

2,800,000

Earnout period

'2 years

Potential Earnout Payments

5,300,000

Maximum Earnout Downward Reduction Amount

1,500,000

Goodwill amount expected to be tax deductible

10,000,000

Prepaid expenses and other assets

27,502,000

8,415,000

-600,000

Goodwill

13,249,000

479,000

11,282,000

-2,200,000

1,489,000

Inventories

461,566,000

184,072,000

2,800,000

Cost of home sales revenues

$70,896,000

$31,948,000

$166,367,000

$81,084,000

$500,000

Business_Combinations_Schedule

Business Combinations (Schedule of Assets and Liabilities Acquired) (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013	Apr. 01, 2014	Aug. 12, 2014
In Thousands, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013	Las Vegas Land Holdings [Member]	Grand View Builders Inc. [Member]
Assets acquired and liabilities assumed	'	'	'	'
Accounts receivable	'	'	$347	$188
Inventories	'	'	144,531	12,356
Prepaid expenses and other assets	'	'	2,910	295
Property and equipment	'	'	8,619	185
Amortizable intangible assets	'	'	3,076	2,028
Goodwill	13,249	479	11,282	1,489
Total assets	'	'	170,765	16,541
Accounts payable	'	'	2,074	'
Accrued expenses and other liabilities (inclusive of earnout liability)	'	'	1,816	3,684
Notes payable and capital lease obligations	'	'	1,497	'
Total liabilities	'	'	$5,387	$3,684

Income_Taxes_Details

Income Taxes (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013	Apr. 30, 2013
Income Taxes [Abstract]	'	'	'	'	'	'
Income tax expense	$2,570	$1,346	$7,109	$3,330	'	'
Effective tax rate	'	'	34.00%	'	'	'
Change in effective tax rate	3.40%	'	1.60%	'	'	'
Deferred Tax Liabilities, Net	'	'	'	'	$912	$600

Fair_Value_Disclosures_Schedul

Fair Value Disclosures (Schedule of Carrying Values and Estimated Fair Values of Financial Instruments) (Details) (USD $)

9 Months Ended

In Thousands, unless otherwise specified

Sep. 30, 2014

31-May-14

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

Minimum [Member]

Maximum [Member]

Senior Unsecured Note [Member]

Carrying Value [Member]

Fair Value [Member]

Level 2 [Member]

Level 3 [Member]

Level 2 [Member]

Level 3 [Member]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

6.875% senior notes

$198,557

$203,571

[1],[2]

Land development notes

5,740

1,500

5,723

[1],[2]

1,490

[1]

Insurance premium notes

5,682

[1],[2]

Capital lease obligations

[1],[2]

Earnout liability

$2,768

[1],[2]

Interest rate

6.88%

Discount rate

5.10%

6.30%

99.24%

Range of forecasted revenues and gross margins base estimate

10.10%

[1]

Estimated fair values as of SeptemberB 30, 2014 and DecemberB 31, 2013 were based on cash flow models discounted at market interest rates that considered underlying risks of the debt.

[2]

Recognized in connection with the acquisition of Grand View on August 12, 2014. A Monte Carlo model was used to value the earnout by simulating earnings, applying the terms of the earnout in each simulated path, determining the average payment in each year across all the trials of the simulation, and calculating the sum of the present values of the payments in each year. The primary inputs and key assumptions of this Monte Carlo model included a range of forecasted revenue and gross margin scenarios which increased and decreased by 10.1% from our base case and discount rates ranging from 5.1% to 6.3%.

StockBased_Compensation_Detail

Stock-Based Compensation (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, except Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'
Common Stock, Shares Authorized	100,000,000	'	100,000,000	'	100,000,000
Common Stock, Par or Stated Value Per Share	$0.01	'	$0.01	'	$0.01
Common Stock, Shares, Issued	21,485,257	'	21,485,257	'	17,257,774
Common Stock, Shares, Outstanding	21,485,257	'	21,485,257	'	17,257,774
Preferred Stock, Shares Authorized	50,000,000	'	50,000,000	'	50,000,000
Preferred Stock, Par or Stated Value Per Share	$0.01	'	$0.01	'	$0.01
Shares of common stock for stock award issuances	1,800,000	'	1,800,000	'	'
Compensation expense	$0.70	$0.30	$1.50	$0.40	'
Compensation not yet recognized	$6.70	'	$6.70	'	'
Compensation not yet recognized, period for recognition	'	'	'2 years 4 months 24 days	'	'
Restricted Stock [Member]	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'
Restricted stock issued	53,000	'	'	'	'
Grant date fair value	$21.13	'	$21.13	'	'
Unvested shares of restricted stock	400,000	'	400,000	'	'
Common Stock Excluding Restricted Stock [Member]	'	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'	'
Common Stock, Shares, Issued	21,100,000	'	21,100,000	'	17,100,000
Common Stock, Shares, Outstanding	21,100,000	'	21,100,000	'	17,100,000

Earnings_Per_Share_Schedule_of

Earnings Per Share (Schedule of Earnings Per Share) (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Numerator	'	'	'	'
Net income	$4,127	$2,438	$12,834	$9,381
Less: Net income attributable to the noncontrolling interests	'	'	'	-52
Less: Undistributed earnings allocated to participating securities	-70	-23	-179	-69
Numerator for basic and diluted EPS	$4,057	$2,415	$12,655	$9,260
Denominator	'	'	'	'
Basic and diluted earnings per sharebweighted average shares	21,113,708	17,075,000	18,635,986	11,457,692
Basic and diluted EPS	$0.19	$0.14	$0.68	$0.81
Shares issued to outstanding membership interests upon conversion	'	5,000,000	'	5,000,000

Commitment_and_Contingencies_D

Commitment and Contingencies (Details) (USD $)	9 Months Ended	12 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014	Dec. 31, 2013
Commitments and Contingencies [Abstract]	'	'
Outstanding letters of credit and performance bonds	$31	$3

Pro_Forma_Financial_Informatio2

Pro Forma Financial Information (Schedule of Pro Forma Information) (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Pro Forma Financial Information [Abstract]	'	'	'	'
Revenues	$97,440	$94,200	$266,092	$238,646
Income before tax expense	6,722	8,411	22,607	22,288
Tax expense	2,580	2,944	8,059	7,801
Consolidated net income of Century Communities, Inc.	4,142	5,467	14,548	14,487
Less: Net income attributable to the noncontrolling interests	'	'	'	-52
Less: Undistributed earnings allocated to participating securities	-70	-43	-224	-106
Numerator for basic and diluted pro forma EPS	$4,072	$5,424	$14,324	$14,329
Pro forma weighted average shares	21,113,708	17,075,000	18,635,986	11,457,692
Pro forma basic and diluted EPS	$0.19	$0.32	$0.77	$1.25

Subsequent_Events_Narrative_De

Subsequent Events (Narrative) (Details) (USD $)

9 Months Ended

0 Months Ended

Sep. 30, 2014

Sep. 30, 2013

Dec. 31, 2013

Sep. 30, 2014

Nov. 05, 2014

Oct. 21, 2014

Nov. 13, 2014

Revolving Credit Agreement [Member]

Subsequent Event [Member]

Peachtree Communities [Member]

LIBOR [Member]

Revolving Credit Agreement [Member]

Subsequent Event [Member]

LIBOR [Member]

Base Rate [Member]

item

Minimum [Member]

Maximum [Member]

Minimum [Member]

Maximum [Member]

Subsequent Event [Line Items]

Purchase price

$178,235,000

$15,132,000

$55,000,000

Number of lots

2,120

Number of communities

Line of credit facility, maximum borrowing capacity

100,000,000

120,000,000

Maturity date

21-Oct-17

Maximum amount of increase to credit facility

80,000,000

Letter of credit sublimit

20,000,000

Basis spread on variable rate

2.50%

2.75%

3.25%

1.75%

2.25%

Unused borrowing capacity fee, percent

0.20%

Maximum leverage ratio

1.5

Maximum interest coverage ratio

1.5

Dollar amount of consolidated tangible net worth

250,000,000

Percentage of net proceeds from equity issuance

50.00%

Percentage of consolidated net income

50.00%

Minimum liquidity requirement

$25,000,000

Risk asset ratio

1.25

Number of shares authorized to be purchased

2,000,000

Common stock, par value (in dollars per share)

$0.01

Subsequent_Events_Schedule_of_

Subsequent Events (Schedule of Assets and Liabilities Acquired) (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013	Nov. 13, 2014
In Thousands, unless otherwise specified			Subsequent Event [Member]
			Peachtree Communities [Member]
Assets acquired and liabilities assumed	'	'	'
Inventories	'	'	$56,059
Prepaid expenses and other assets	'	'	689
Amortizable intangible assets	'	'	2,500
Goodwill	13,249	479	7,919
Total assets	'	'	67,167
Accounts payable	'	'	14,811
Total liabilities	'	'	$14,811