Ryland 10-Q 8 Nov 13 2013 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2013	Nov. 06, 2013
Document and Entity Information	'	'
Entity Registrant Name	'RYLAND GROUP INC	'
Entity Central Index Key	'0000085974	'
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	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	46,207,305
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q3	'

CONSOLIDATED_STATEMENTS_OF_EAR

CONSOLIDATED STATEMENTS OF EARNINGS (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
REVENUES	'	'	'	'
Homebuilding	$562,909	$349,196	$1,404,401	$843,324
Financial services	13,514	9,497	39,697	25,007
TOTAL REVENUES	576,423	358,693	1,444,098	868,331
EXPENSES	'	'	'	'
Cost of sales	447,077	281,961	1,119,487	685,781
Selling, general and administrative	66,734	48,281	175,704	132,176
Financial services	7,497	6,111	21,733	18,032
Interest	1,277	3,236	8,120	10,985
TOTAL EXPENSES	522,585	339,589	1,325,044	846,974
OTHER INCOME (LOSS)	'	'	'	'
Gain from marketable securities, net	148	472	1,414	1,437
Loss related to early retirement of debt, net	0	-9,146	0	-9,146
TOTAL OTHER INCOME (LOSS)	148	-8,674	1,414	-7,709
Income from continuing operations before taxes	53,986	10,430	120,468	13,648
Tax expense (benefit)	428	23	-186,325	213
NET INCOME FROM CONTINUING OPERATIONS	53,558	10,407	306,793	13,435
Income (loss) from discontinued operations, net of taxes	91	238	167	-1,626
NET INCOME	$53,649	$10,645	$306,960	$11,809
Basic	'	'	'	'
Continuing operations (in dollars per share)	$1.16	$0.23	$6.67	$0.30
Discontinued operations (in dollars per share)	$0	$0.01	$0	($0.04)
Total (in dollars per share)	$1.16	$0.24	$6.67	$0.26
Diluted	'	'	'	'
Continuing operations (in dollars per share)	$0.95	$0.21	$5.55	$0.30
Discontinued operations (in dollars per share)	$0	$0.01	$0	($0.04)
Total (in dollars per share)	$0.95	$0.22	$5.55	$0.26
AVERAGE COMMON SHARES OUTSTANDING	'	'	'	'
Basic (in shares)	46,174,767	44,825,943	45,882,932	44,643,139
Diluted (in shares)	57,678,989	52,465,770	55,658,536	44,979,908
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	$0.03	$0.03	$0.09	$0.09

CONSOLIDATED_STATEMENTS_OF_OTH

CONSOLIDATED STATEMENTS OF OTHER COMPREHENSIVE INCOME (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
CONSOLIDATED STATEMENTS OF OTHER COMPREHENSIVE INCOME	'	'	'	'
Net income	$53,649	$10,645	$306,960	$11,809
Other comprehensive income (loss) before tax:	'	'	'	'
Reduction of unrealized gain related to cash flow hedging instruments included in net income	0	-1,106	0	-1,709
Unrealized gain (loss) on marketable securities, available-for-sale:	'	'	'	'
Unrealized gain (loss) during the period	433	225	-201	1,158
Less: reclassification adjustments for losses (gains) included in net income	253	-9	-88	-22
Total unrealized gain (loss) on marketable securities, available-for-sale	686	216	-289	1,136
Other comprehensive income (loss) before tax	686	-890	-289	-573
Income tax benefit related to items of other comprehensive income (loss)	0	423	0	653
Other comprehensive income (loss), net of tax	686	-467	-289	80
Comprehensive income	$54,335	$10,178	$306,671	$11,889

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Cash, cash equivalents and marketable securities	'	'
Cash and cash equivalents	$144,531	$158,087
Restricted cash	92,048	70,893
Marketable securities, available-for-sale	367,521	385,625
Total cash, cash equivalents and marketable securities	604,100	614,605
Housing inventories	'	'
Homes under construction	723,979	459,269
Land under development and improved lots	813,804	573,975
Inventory held-for-sale	4,009	4,684
Consolidated inventory not owned	33,515	39,490
Total housing inventories	1,575,307	1,077,418
Property, plant and equipment	24,550	20,409
Mortgage loans held-for-sale	86,463	107,950
Net deferred taxes	187,473	0
Other	160,404	111,057
Assets of discontinued operations	31	2,480
TOTAL ASSETS	2,638,328	1,933,919
LIABILITIES	'	'
Accounts payable	169,739	124,797
Accrued and other liabilities	217,434	147,358
Debt	1,397,892	1,134,468
Liabilities of discontinued operations	552	1,536
TOTAL LIABILITIES	1,785,617	1,408,159
STOCKHOLDERS' EQUITY	'	'
Preferred stock, $1.00 par value: Authorized-10,000 shares Series A Junior Participating Preferred, none outstanding	0	0
Common stock, $1.00 par value: Authorized-199,990,000 shares Issued-46,185,100 shares at September 30, 2013 (45,175,053 shares at December 31, 2012)	46,185	45,175
Retained earnings	790,592	458,669
Accumulated other comprehensive (loss) income	-197	92
TOTAL STOCKHOLDERS' EQUITY FOR THE RYLAND GROUP, INC.	836,580	503,936
NONCONTROLLING INTEREST	16,131	21,824
TOTAL EQUITY	852,711	525,760
TOTAL LIABILITIES AND EQUITY	$2,638,328	$1,933,919

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Consolidated Balance Sheets	'	'
Preferred stock, par value (in dollars per share)	$1	$1
Preferred stock, Authorized shares Series A Junior Participating Preferred	10,000	10,000
Preferred stock, outstanding shares Series A Junior Participating Preferred	0	0
Common stock, par value (in dollars per share)	$1	$1
Common stock, Authorized shares	199,990,000	199,990,000
Common stock, Issued shares	46,185,100	45,175,053

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013		Sep. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES	'		'
Net income from continuing operations	$306,793		$13,435
Adjustments to reconcile net income from continuing operations to net cash used for operating activities:	'		'
Depreciation and amortization	14,476		10,496
Inventory and other asset impairments and write-offs	1,070		5,962
Loss on early extinguishment of debt, net	0		9,146
Realized gain on sale of marketable securities	-443		-676
Decrease in deferred tax valuation allowance	-232,939		-7,243
Stock-based compensation expense	13,690		11,676
Changes in assets and liabilities:	'		'
Increase in inventories	-466,429		-145,318
Net change in other assets, payables and other liabilities	136,238		68,099
Other operating activities, net	-728		-947
Net cash used for operating activities from continuing operations	-228,272		-35,370
CASH FLOWS FROM INVESTING ACTIVITIES	'		'
(Contributions to) return of investment in unconsolidated joint ventures, net	-3,439		2,077
Additions to property, plant and equipment	-14,475		-8,884
Purchases of marketable securities, available-for-sale	-615,755		-855,226
Proceeds from sales and maturities of marketable securities, available-for-sale	634,272		697,604
Cash paid for business acquisitions	-50,930		-35,974
Other investing activities	0		109
Net cash used for investing activities from continuing operations	-50,327		-200,294
CASH FLOWS FROM FINANCING ACTIVITIES	'		'
Cash proceeds of long-term debt	267,500		475,000
Retirement of long-term debt	0		-177,219
Increase in borrowings against revolving credit facilities, net	0		8,524
Decrease in short-term borrowings	-4,549		-1,489
Common stock dividends	-4,144		-4,051
Issuance of common stock under stock-based compensation	27,391		10,597
Increase in restricted cash	-21,155		-9,883
Net cash provided by financing activities from continuing operations	265,043		301,479
Net (decrease) increase in cash and cash equivalents from continuing operations	-13,556		65,815
Cash flows from operating activities-discontinued operations	-24		-56
Cash flows from investing activities-discontinued operations	24		88
Cash flows from financing activities-discontinued operations	0		0
Cash and cash equivalents at beginning of period	158,114	[1]	159,336	[1]
CASH AND CASH EQUIVALENTS AT END OF PERIOD	144,558	[2]	225,183	[2]
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION	'		'
Cash paid for income taxes	-2,303		-400
SUPPLEMENTAL DISCLOSURES OF NONCASH ACTIVITIES	'		'
Decrease in consolidated inventory not owned related to land options	$5,693		$8,640
[1]	Includes cash and cash equivalents of $27,000 and $56,000 associated with discontinued operations at December 31, 2012 and 2011, respectively.
[2]	Includes cash and cash equivalents of $27,000 and $88,000 associated with discontinued operations at September 30, 2013 and 2012, respectively.

Consolidated_Statements_of_Cas1

Consolidated Statements of Cash Flows (Parenthetical) (USD $)	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2012	Dec. 31, 2011
Consolidated Statements of Cash Flows	'	'	'	'
Cash and cash equivalents - discontinued operations	$27,000	$27,000	$88,000	$56,000

Consolidated_Statement_of_Stoc

Consolidated Statement of Stockholders' Equity (USD $)	Total	COMMON STOCK	RETAINED EARNINGS	ACCUMULATED OTHER COMPREHENSIVE (LOSS) INCOME
In Thousands, unless otherwise specified
TOTAL EQUITY BALANCE at Dec. 31, 2012	$525,760	'	'	'
STOCKHOLDERS' EQUITY BALANCE at Dec. 31, 2012	503,936	45,175	458,669	92
Increase (Decrease) in Stockholders' Equity	'	'	'	'
Net income	306,960	0	306,960	0
Other comprehensive loss, net of tax	-289	0	0	-289
Common stock dividends (per share $0.09)	-4,187	0	-4,187	0
Stock-based compensation	30,160	1,010	29,150	0
NONCONTROLLING INTEREST	16,131	'	'	'
TOTAL EQUITY BALANCE at Sep. 30, 2013	852,711	'	'	'
STOCKHOLDERS' EQUITY BALANCE at Sep. 30, 2013	$836,580	$46,185	$790,592	($197)

Consolidated_Statement_of_Stoc1

Consolidated Statement of Stockholders' Equity (Parenthetical) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Consolidated Statement of Stockholders' Equity	'	'	'	'
Common stock dividends, per share (in dollars per share)	$0.03	$0.03	$0.09	$0.09

Consolidated_Financial_Stateme

Consolidated Financial Statements	9 Months Ended
	Sep. 30, 2013
Consolidated Financial Statements	'
Consolidated Financial Statements	'
	Note 1.  Consolidated Financial Statements
	The consolidated financial statements include the accounts of The Ryland Group, Inc. and its 100 percent-owned subsidiaries (the “Company”). Noncontrolling interest represents the selling entities’ ownership interests in land and lot option purchase contracts. (See Note 10, “Variable Interest Entities (‘VIE’).”) Intercompany transactions have been eliminated in consolidation. Information is presented on a continuing operations basis unless otherwise noted. The results from continuing and discontinued operations are presented separately in the consolidated financial statements. (See Note 20, “Discontinued Operations.”) For a description of the Company’s accounting policies, see Note A, “Summary of Significant Accounting Policies,” in its 2012 Annual Report on Form 10-K.
	The Consolidated Balance Sheet at September 30, 2013, the Consolidated Statements of Earnings and Other Comprehensive Income for the three- and nine-month periods ended September 30, 2013 and 2012, the Consolidated Statements of Cash Flows for the nine-month periods ended September 30, 2013 and 2012, and the Consolidated Statement of Stockholders’ Equity as of and for the nine-month period ended September 30, 2013, have been prepared by the Company without audit. In the opinion of management, all adjustments, including normally recurring adjustments necessary to present fairly the Company’s financial position, results of operations and cash flows at September 30, 2013, and for all periods presented, have been made. Certain information and footnote disclosures normally included in the financial statements have been condensed or omitted. These financial statements should be read in conjunction with the financial statements and related notes included in the Company’s 2012 Annual Report on Form 10-K.
	The Company has historically experienced, and expects to continue to experience, variability in quarterly results. Accordingly, the results of operations for the three and nine months ended September 30, 2013, are not necessarily indicative of the operating results expected for the year ending December 31, 2013.

Comprehensive_Income

Comprehensive Income	9 Months Ended
	Sep. 30, 2013
Comprehensive Income	'
Comprehensive Income	'
	Note 2.  Comprehensive Income
	Comprehensive income consists of net income or loss and the increase or decrease in unrealized gains or losses on the Company’s available-for-sale securities, as well as the decrease in unrealized gains associated with treasury locks, net of applicable taxes. Comprehensive income totaled $54.3 million and $10.2 million for the three-month periods ended September 30, 2013 and 2012, respectively, and $306.7 million and $11.9 million for the nine-month periods ended September 30, 2013 and 2012, respectively.

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive (Loss) Income	9 Months Ended
	Sep. 30, 2013
Accumulated Other Comprehensive (Loss) Income	'
Accumulated Other Comprehensive (Loss) Income	'
	Note 3.  Accumulated Other Comprehensive (Loss) Income
	Accumulated other comprehensive income or loss consists of unrealized gains or losses on marketable securities, available-for-sale as reported within the Consolidated Statement of Stockholders’ Equity. Reclassification adjustments, which are reported within the Consolidated Statements of Other Comprehensive Income, represent realized gains or losses on the sales of these marketable securities and netted a loss of $253,000 for the three-month period ended September 30, 2013, compared to a gain of $88,000 for the nine-month period ended September 30, 2013. Realized gains or losses were included in “Gain from marketable securities, net” within the Consolidated Statements of Earnings.

Cash_Cash_Equivalents_and_Rest

Cash, Cash Equivalents and Restricted Cash	9 Months Ended
	Sep. 30, 2013
Cash, Cash Equivalents and Restricted Cash	'
Cash, Cash Equivalents and Restricted Cash	'
	Note 4.  Cash, Cash Equivalents and Restricted Cash
	Cash and cash equivalents totaled $144.5 million and $158.1 million at September 30, 2013 and December 31, 2012, respectively. The Company considers all highly liquid short-term investments purchased with an original maturity of three months or less and cash held in escrow accounts to be cash equivalents.
	At September 30, 2013 and December 31, 2012, the Company had restricted cash of $92.0 million and $70.9 million, respectively. The Company has various secured letter of credit agreements that require it to maintain cash deposits as collateral for outstanding letters of credit. Cash restricted under these agreements totaled $86.7 million and $70.3 million at September 30, 2013 and December 31, 2012, respectively. In addition, Ryland Mortgage Company and its subsidiaries and RMC Mortgage Corporation (collectively referred to as “RMC”) had restricted cash of $5.3 million and $627,000 at September 30, 2013 and December 31, 2012, respectively.

Segment_Information

Segment Information	9 Months Ended
	Sep. 30, 2013
Segment Information	'
Segment Information	'
	Note 5.  Segment Information
	The Company is a leading national homebuilder and provider of mortgage-related financial services. As one of the largest single-family on-site homebuilders in the United States, it operates in 17 states across the country. The Company consists of six reportable segments: four geographically determined homebuilding regions (North, Southeast, Texas and West); financial services; and corporate. The homebuilding segments specialize in the sale and construction of single-family attached and detached housing. The Company’s financial services segment, which includes RMC, RH Insurance Company, Inc. (“RHIC”) and Columbia National Risk Retention Group, Inc. (“CNRRG”), provides mortgage-related products and services, as well as title, escrow and insurance services, to its homebuyers. Corporate is a nonoperating business segment with the sole purpose of supporting operations. In order to best reflect the Company’s financial position and results of operations, certain corporate expenses are allocated to the homebuilding and financial services segments, along with certain assets and liabilities relating to employee benefit plans.
	The Company evaluates performance and allocates resources based on a number of factors, including segment pretax earnings and risk. The accounting policies of the segments are the same as those described in Note 1, “Consolidated Financial Statements.”
		THREE MONTHS ENDED							NINE MONTHS ENDED
		SEPTEMBER 30,							SEPTEMBER 30,
	(in thousands)	2013			2012				2013			2012
	REVENUES
	Homebuilding
	North	$	178,318		$	118,757			$	421,818		$	266,815
	Southeast	159,778			95,527				395,605			230,548
	Texas	119,993			87,998				297,543			229,871
	West	104,820			46,914				289,435			116,090
	Financial services	13,514			9,497				39,697			25,007
	Total	$	576,423		$	358,693			$	1,444,098		$	868,331
	EARNINGS (LOSS) BEFORE TAXES
	Homebuilding
	North	$	15,380		$	3,956			$	31,531		$	4,130
	Southeast	17,530			5,904				36,887			9,292
	Texas	9,928			7,239				23,772			15,548
	West	12,392			3,728				30,615			2,840
	Financial services	6,017			3,386				17,964			6,975
	Corporate and unallocated	(7,261		)	(13,783		)		(20,301		)	(25,137		)
	Total	$	53,986		$	10,430			$	120,468		$	13,648
	The following table provides the Company’s total assets at September 30, 2013 and December 31, 2012:
		30-Sep-13
	(in thousands)	HOUSING INVENTORIES			OTHER ASSETS			TOTAL ASSETS
	Homebuilding
	North	$	476,239		$	51,043		$	527,282
	Southeast	400,141			28,937			429,078
	Texas	288,243			34,911			323,154
	West	410,684			30,854			441,538
	Financial services	-			153,537			153,537
	Corporate and unallocated	-			763,708			763,708
	Total	$	1,575,307		$	1,062,990		$	2,638,297
	Homebuilding	31-Dec-12
	North	$	378,523		$	29,818		$	408,341
	Southeast	292,288			22,755			315,043
	Texas	174,153			22,244			196,397
	West	232,454			41,596			274,050
	Financial services	-			157,781			157,781
	Corporate and unallocated	-			579,827			579,827
	Total	$	1,077,418		$	854,021		$	1,931,439
	Additionally, the Company had assets of $31,000 and $2.5 million associated with discontinued operations at September 30, 2013 and December 31, 2012, respectively.

Earnings_Per_Share_Reconciliat

Earnings Per Share Reconciliation	9 Months Ended
	Sep. 30, 2013
Earnings Per Share Reconciliation	'
Earnings Per Share Reconciliation	'
	Note 6.  Earnings Per Share Reconciliation
	The Company computes earnings per share in accordance with the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) No. 260, (“ASC 260”), “Earnings per Share,” which requires earnings per share for each class of stock to be calculated using the two-class method. The two-class method is the method by which a company allocates earnings or loss between the holders of its common stock and its participating security holders. Under the two-class method, allocation of earnings or loss between common shareholders and other security holders is based on their respective participation rights in dividends and undistributed earnings for the reporting period. All outstanding nonvested shares of restricted stock that contain non-forfeitable rights to dividends are considered participating securities and are included in the computation of earnings per share pursuant to the two-class method. The Company’s nonvested shares of restricted stock are considered participating securities in accordance with ASC 260.
	The following table displays the computation of basic and diluted earnings per share:
		THREE MONTHS ENDED						NINE MONTHS ENDED
		SEPTEMBER 30,						SEPTEMBER 30,
	(in thousands, except share data)	2013			2012			2013			2012
	NUMERATOR
	Net income from continuing operations	$	53,558		$	10,407		$	306,793		$	13,435
	Net income (loss) from discontinued operations	91			238			167			(1,626		)
	Less: distributed earnings allocated to nonvested restricted stock	(3		)	(10		)	(10		)	(32		)
	Less: undistributed earnings allocated to nonvested restricted stock	(119		)	(69		)	(997		)	(73		)
	Numerator for basic income (loss) per share	53,527			10,566			305,953			11,704
	Plus: interest on 1.6 percent convertible senior notes due 2018	729			729			2,187			-
	Plus: interest on 0.25 percent convertible senior notes due 2019	297			-			407			-
	Plus: undistributed earnings allocated to nonvested restricted stock	119			69			997			73
	Less: undistributed earnings reallocated to nonvested restricted stock	(96		)	(59		)	(824		)	(74		)
	Numerator for diluted income (loss) per share	$	54,576		$	11,305		$	308,720		$	11,703
	DENOMINATOR
	Basic earnings per share—weighted-average shares	46,174,767			44,825,943			45,882,932			44,643,139
	Effect of dilutive securities:
	Share-based payments	914,480			616,047			995,257			336,769
	1.6 percent convertible senior notes due 2018	7,023,780			7,023,780			7,023,780			-
	0.25 percent convertible senior notes due 2019	3,565,962			-			1,756,567			-
	Diluted earnings per share—adjusted weighted-average shares and assumed conversions	57,678,989			52,465,770			55,658,536			44,979,908
	NET INCOME (LOSS) PER COMMON SHARE
	Basic
	Continuing operations	$	1.16		$	0.23		$	6.67		$	0.3
	Discontinued operations	0			0.01			0			(0.04		)
	Total	1.16			0.24			6.67			0.26
	Diluted
	Continuing operations	0.95			0.21			5.55			0.3
	Discontinued operations	0			0.01			0			(0.04		)
	Total	$	0.95		$	0.22		$	5.55		$	0.26
	For the nine-month period ended September 30, 2012, the effect of convertible debt was not included in the diluted earnings per share calculation as it would have been antidilutive.

Marketable_Securities_Availabl

Marketable Securities, Available-for-sale	9 Months Ended
	Sep. 30, 2013
Marketable Securities, Available-for-sale	'
Marketable Securities, Available-for-sale	'
	Note 7.  Marketable Securities, Available-for-sale
	The Company’s investment portfolio includes U.S. Treasury securities; obligations of U.S. government agencies; municipal debt securities; corporate debt securities; asset-backed securities of U.S. government agencies and covered bonds; time deposits; and short-term pooled investments. These investments are primarily held in the custody of a single financial institution. The Company considers its investment portfolio to be available-for-sale as defined in ASC No. 320 (“ASC 320”), “Investments—Debt and Equity Securities.” Accordingly, these investments are recorded at their fair values. The cost of securities sold is based on an average-cost basis. Unrealized gains and losses on these investments were included in “Accumulated other comprehensive (loss) income” within the Consolidated Balance Sheets.
	The Company periodically reviews its available-for-sale securities for other-than-temporary declines in fair values that are below their cost bases, as well as whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. At September 30, 2013 and December 31, 2012, the Company believed that the cost bases for its available-for-sale securities were recoverable in all material respects.
	For the three-month periods ended September 30, 2013 and 2012, net realized earnings associated with the Company’s investment portfolio, which includes interest, dividends and net realized gains on sales of marketable securities, totaled $148,000 and $472,000, respectively. For the nine-month periods ended September 30, 2013 and 2012, net realized earnings totaled $1.4 million. These earnings were included in “Gain from marketable securities, net” within the Consolidated Statements of Earnings. Realized gains or losses on the sales of marketable securities were included as reclassification adjustments within the Consolidated Statements of Other Comprehensive Income. (See Note 3, “Accumulated Other Comprehensive (Loss) Income.”)
	The following table displays the fair values of marketable securities, available-for-sale, by type of security:
		30-Sep-13
	(in thousands)	AMORTIZED COST			GROSS UNREALIZED GAINS			GROSS UNREALIZED LOSSES			ESTIMATED FAIR VALUE
	Type of security:
	U.S. Treasury securities	$	93,544		$	150		$	-		$	93,694
	Obligations of U.S. government agencies	20,212			16			(2		)	20,226
	Municipal debt securities	37,300			675			(946		)	37,029
	Corporate debt securities	164,827			81			(53		)	164,855
	Asset-backed securities	24,636			74			(25		)	24,685
	Total debt securities	340,519			996			(1,026		)	340,489
	Time deposits	1,804			-			-			1,804
	Short-term pooled investments	25,226			2			-			25,228
	Total marketable securities, available-for-sale	$	367,549		$	998		$	(1,026	)	$	367,521
		31-Dec-12
	Type of security:
	U.S. Treasury securities	$	3,098		$	1		$	-		$	3,099
	Obligations of U.S. government agencies	133,029			112			(31		)	133,110
	Municipal debt securities	21,745			896			(458		)	22,183
	Corporate debt securities	163,352			116			(75		)	163,393
	Asset-backed securities	27,325			153			(164		)	27,314
	Total debt securities	348,549			1,278			(728		)	349,099
	Short-term pooled investments	36,533			-			(7		)	36,526
	Total marketable securities, available-for-sale	$	385,082		$	1,278		$	(735	)	$	385,625
	The primary objectives of the Company’s investment portfolio are safety of principal and liquidity. Investments are made with the purpose of achieving the highest rate of return consistent with these two objectives. The Company’s investment policy limits investments to debt rated investment grade or better, as well as to bank and money market instruments and to issues by the U.S. government, U.S. government agencies and municipal or other institutions primarily with investment-grade credit ratings. Policy restrictions are placed on maturities, as well as on concentration by type and issuer.
	The following table displays the fair values of marketable securities, available-for-sale, by contractual maturity:
	(in thousands)	30-Sep-13				31-Dec-12
	Contractual maturity:
	Maturing in one year or less		$	130,674		$	66,546
	Maturing after one year through three years		184,022			257,595
	Maturing after three years		25,793			24,958
	Total debt securities		340,489			349,099
	Time deposits and short-term pooled investments		27,032			36,526
	Total marketable securities, available-for-sale		$	367,521		$	385,625

Housing_Inventories

Housing Inventories	9 Months Ended
	Sep. 30, 2013
Housing Inventories	'
Housing Inventories	'
	Note 8.  Housing Inventories
	Housing inventories consist principally of homes under construction; land under development and improved lots; and inventory held-for-sale. Inventory includes land and development costs; direct construction costs; capitalized indirect construction costs; capitalized interest; and real estate taxes. The costs of acquiring and developing land and constructing certain related amenities are allocated to the parcels to which these costs relate. Inventories to be held and used are stated at cost unless a community is determined to be impaired, in which case the impaired inventories are written down to their fair values. Inventories held-for-sale are stated at the lower of their costs or fair values, less cost to sell.
	As required by ASC No. 360 (“ASC 360”), “Property, Plant and Equipment,” inventory is reviewed for potential write-downs on an ongoing basis. ASC 360 requires that, in the event that impairment indicators are present and undiscounted cash flows signify that the carrying amount of an asset is not recoverable, impairment charges must be recorded if the fair value of the asset is less than its carrying amount. The Company reviews all communities on a quarterly basis for changes in events or circumstances indicating signs of impairment. Examples of events or changes in circumstances include, but are not limited to: price declines resulting from sustained competitive pressures; a change in the manner in which the asset is being used; a change in assessments by a regulator or municipality; cost increases; the expectation that, more likely than not, an asset will be sold or disposed of significantly before the end of its previously estimated useful life; or the impact of local economic or macroeconomic conditions, such as employment or housing supply, on the market for a given product. Signs of impairment may include, but are not limited to: very low or negative profit margins, the absence of sales activity in an open community and/or significant price differences for comparable parcels of land held-for-sale.
	If it is determined that indicators of impairment exist in a community, undiscounted cash flows are prepared and analyzed at a community level based on expected pricing; sales rates; construction costs; local municipality fees; and warranty, closing, carrying, selling, overhead and other related costs; or on similar assets to determine if the realizable values of the assets held are less than their respective carrying amounts. In order to determine assumed sales prices included in cash flow models, the Company analyzes historical sales prices on homes delivered in the community and in other communities located within the same geographic area, as well as sales prices included in its current backlog for such communities. In addition, it analyzes market studies and trends, which generally include statistics on sales prices of similar products in neighboring communities and sales prices of similar products in non-neighboring communities located within the same geographic area. In order to estimate the costs of building and delivering homes, the Company generally assumes cost structures reflecting contracts currently in place with vendors, adjusted for any anticipated cost-reduction initiatives or increases. The Company’s analysis of each community generally assumes current pricing equal to current sales orders for a particular or comparable community. For a minority of communities that the Company does not intend to operate for an extended period of time or where the operating life extends beyond several years, slight increases over current sales prices are assumed in later years. Once a community is considered to be impaired, the Company’s determinations of fair value and new cost basis are primarily based on discounting estimated cash flows at rates commensurate with inherent risks associated with the continuing assets. Discount rates used generally vary from 17.0 percent to 30.0 percent, depending on market risk, the size or life of a community and development risk. Due to the fact that estimates and assumptions included in cash flow models are based on historical results and projected trends, unexpected changes in market conditions that may lead to additional impairment charges in the future cannot be anticipated.
	Valuation adjustments are recorded against homes completed or under construction, land under development or improved lots when analyses indicate that the carrying values are greater than the fair values. Write-downs of impaired inventories to their fair values are recorded as adjustments to the cost basis of the respective inventory. At September 30, 2013 and December 31, 2012, valuation reserves related to impaired inventories totaled $167.5 million and $207.8 million, respectively. The net carrying values of the related inventories totaled $171.1 million and $182.2 million at September 30, 2013 and December 31, 2012, respectively.
	Interest and taxes are capitalized during active development and construction stages. Capitalized interest is amortized when the related inventory is delivered to homebuyers. The following table summarizes the activity that relates to capitalized interest:
	(in thousands)	2013			2012
	Capitalized interest at January 1	$	82,773		$	81,058
	Interest capitalized	42,303			30,865
	Interest amortized to cost of sales	(37,153		)	(27,767		)
	Capitalized interest at September 30	$	87,923		$	84,156
	The following table summarizes each reporting segment’s total number of lots owned and lots controlled under option agreements:
		30-Sep-13							31-Dec-12
		LOTS		LOTS				LOTS	LOTS
		OWNED		OPTIONED		TOTAL		OWNED	OPTIONED	TOTAL
	North	6,679		6,559		13,238		5,471	4,056	9,527
	Southeast	7,794		3,478		11,272		7,268	2,121	9,389
	Texas	3,686		3,649		7,335		2,438	2,667	5,105
	West	4,240		2,985		7,225		2,604	1,680	4,284
	Total	22,399		16,671		39,070		17,781	10,524	28,305
	Additionally, at September 30, 2013 and December 31, 2012, the Company controlled 21 lots and 479 lots, respectively, associated with discontinued operations, all of which were owned.

Goodwill_and_Other_Intangible_

Goodwill and Other Intangible Assets	9 Months Ended
	Sep. 30, 2013
Goodwill and Other Intangible Assets	'
Goodwill and Other Intangible Assets	'
	Note 9.  Goodwill and Other Intangible Assets
	The Company records goodwill associated with its business acquisitions when the consideration paid exceeds the fair value of the net tangible and identifiable intangible assets acquired. The Company’s goodwill balance at September 30, 2013, was $37.1 million, which included $13.7 million in the North, $8.1 million in the Southeast, $6.6 million in Texas and $8.7 million in the West. The Company’s goodwill balance at December 31, 2012, was $16.8 million, which included $8.1 million in the Southeast and $8.7 million in the West. Goodwill was included in “Other” assets within the Consolidated Balance Sheets. ASC No. 350 (“ASC 350”), “Intangibles–Goodwill and Other,” requires that goodwill and certain intangible assets be reviewed for impairment at least annually. The Company performs impairment tests of its goodwill annually as of November 30 or whenever significant events or changes occur that indicate impairment of goodwill may exist. The Company tests goodwill for impairment by using the two-step process prescribed in ASC 350. The first step identifies potential impairment, while the second step measures the amount of impairment. The Company had no impairment during the quarter ended September 30, 2013.

Variable_Interest_Entities_VIE

Variable Interest Entities ("VIE")	9 Months Ended
	Sep. 30, 2013
Variable Interest Entities ("VIE")	'
Variable Interest Entities ("VIE")	'
	Note 10.  Variable Interest Entities (“VIE”)
	As required by ASC No. 810 (“ASC 810”), “Consolidation of Variable Interest Entities,” a VIE is to be consolidated by a company if that company has the power to direct the VIE’s activities and the obligation to absorb its losses or the right to receive its benefits, which are potentially significant to the VIE. ASC 810 also requires disclosures about VIEs that a company is not obligated to consolidate, but in which it has a significant, though not primary, variable interest.
	The Company enters into joint ventures, from time to time, for the purpose of acquisition and co-development of land parcels and lots. Its investment in these joint ventures may create a variable interest in a VIE, depending on the contractual terms of the arrangement. Additionally, in the ordinary course of business, the Company enters into lot option purchase contracts in order to procure land for the construction of homes. Under such lot option purchase contracts, the Company funds stated deposits in consideration for the right to purchase lots at a future point in time, usually at predetermined prices. The Company’s liability is generally limited to forfeiture of nonrefundable deposits, letters of credit and other nonrefundable amounts incurred. In accordance with the requirements of ASC 810, certain of the Company’s lot option purchase contracts may result in the creation of a variable interest in a VIE.
	In compliance with the provisions of ASC 810, the Company consolidated $33.5 million and $39.5 million of inventory not owned related to land and lot option purchase contracts at September 30, 2013 and December 31, 2012, respectively. Although the Company may not have had legal title to the optioned land, under ASC 810, it had the primary variable interest and was required to consolidate the particular VIE’s assets under option at fair value. To reflect the fair value of the inventory consolidated under ASC 810, the Company included $17.4 million and $17.7 million of its related cash deposits for lot option purchase contracts at September 30, 2013 and December 31, 2012, respectively, in “Consolidated inventory not owned” within the Consolidated Balance Sheets. Noncontrolling interest totaled $16.1 million and $21.8 million with respect to the consolidation of these contracts at September 30, 2013 and December 31, 2012, respectively, representing the selling entities’ ownership interests in these VIEs. Additionally, the Company had cash deposits and/or letters of credit totaling $29.2 million and $22.2 million at September 30, 2013 and December 31, 2012, respectively, that were associated with lot option purchase contracts having aggregate purchase prices of $540.9 million and $310.1 million, respectively. As the Company did not have the primary variable interest in these contracts, it was not required to consolidate them.

Investments_in_Joint_Ventures

Investments in Joint Ventures	9 Months Ended
	Sep. 30, 2013
Investments in Joint Ventures	'
Investments in Joint Ventures	'
	Note 11.  Investments in Joint Ventures
	The Company enters into joint ventures, from time to time, for the purpose of acquisition and co-development of land parcels and lots. It participates in a number of joint ventures in which it has less than a controlling interest. As of September 30, 2013, the Company participated in six active homebuilding joint ventures in the Austin, Chicago, Denver, San Antonio and Washington, D.C., markets. The Company recognizes its share of the respective joint ventures’ earnings or losses from the sale of lots to other homebuilders. It does not, however, recognize earnings from lots that it purchases from the joint ventures. Instead, the Company reduces its cost basis in each lot by its share of the earnings from the lot.
	The following table summarizes each reporting segment’s total estimated share of lots owned by the Company under its joint ventures:
		30-Sep-13	31-Dec-12
	North	150	145
	Texas	252	-
	West	226	172
	Total	628	317
	At September 30, 2013 and December 31, 2012, the Company’s investments in its unconsolidated joint ventures totaled $12.4 million and $8.3 million, respectively, and were included in “Other” assets within the Consolidated Balance Sheets. The increase in the Company’s investments in unconsolidated joint ventures was primarily due to its investment in a joint venture in San Antonio during the second quarter of 2013. For the three months ended September 30, 2013 and 2012, the Company’s equity in earnings from its unconsolidated joint ventures totaled $546,000 and $306,000, respectively. For the nine months ended September 30, 2013 and 2012, the Company’s equity in earnings from its unconsolidated joint ventures totaled $787,000 and $979,000, respectively.

Debt_and_Credit_Facilities

Debt and Credit Facilities	9 Months Ended
	Sep. 30, 2013
Debt and Credit Facilities	'
Debt and Credit Facilities	'
	Note 12.  Debt and Credit Facilities
	The following table presents the composition of the Company’s homebuilder debt at September 30, 2013 and December 31, 2012:
	(in thousands)	30-Sep-13			31-Dec-12
	Senior notes
	5.4 percent senior notes due January 2015	$	126,481		$	126,481
	8.4 percent senior notes due May 2017	230,000			230,000
	6.6 percent senior notes due May 2020	300,000			300,000
	5.4 percent senior notes due October 2022	250,000			250,000
	Convertible senior notes
	1.6 percent convertible senior notes due May 2018	225,000			225,000
	0.25 percent convertible senior notes due June 2019	267,500			-
	Total senior notes and convertible senior notes	1,398,981			1,131,481
	Debt discount	(2,527		)	(3,000		)
	Senior notes and convertible senior notes, net	1,396,454			1,128,481
	Secured notes payable	1,438			5,987
	Total debt	$	1,397,892		$	1,134,468
	At September 30, 2013, the Company had outstanding (a) $126.5 million of 5.4 percent senior notes due January 2015; (b) $230.0 million of 8.4 percent senior notes due May 2017; (c) $225.0 million of 1.6 percent convertible senior notes due May 2018; (d) $267.5 million of 0.25 percent convertible senior notes due June 2019; (e) $300.0 million of 6.6 percent senior notes due May 2020; and (f) $250.0 million of 5.4 percent senior notes due October 2022. Each of the senior notes pays interest semiannually and all, except for the convertible senior notes due May 2018 and June 2019, may be redeemed at a stated redemption price, in whole or in part, at the option of the Company at any time.
	There were no pretax charges related to early retirement of debt during the third quarter of 2013, compared to pretax charges that totaled $9.1 million during the third quarter of 2012.
	During the second quarter of 2013, the Company issued $267.5 million of 0.25 percent convertible senior notes due June 2019. The Company will pay interest on the notes on June 1 and December 1 of each year, commencing on December 1, 2013. The notes, which mature on June 1, 2019, are initially convertible into shares of the Company’s common stock at a conversion rate of 13.3 shares per $1,000 of their principal amount. This corresponds to an initial conversion price of approximately $75.01 per share and represents a conversion premium of approximately 50.0 percent, based on the closing price of the Company’s common stock on May 14, 2013, which was $50.01 per share. The conversion rate of the notes is subject to adjustment for a notice of redemption or for certain events, including subdivisions and combinations of the Company’s common stock, the issuance to all or substantially all holders of its common stock of stock dividends, certain rights, options or warrants, capital stock, indebtedness, assets or cash, and certain issuer tender or exchange offers.  These events may not be considered standard anti-dilution provisions under a conventional convertible debt security scenario. However, the conversion rate will not be adjusted for other events, such as a third-party tender or exchange offer or an issuance of common stock for cash or an acquisition, that may adversely affect the trading price of the notes or the common stock. An event that adversely affects the value of the notes may occur, and that event may not result in an adjustment to the conversion rate. At any time prior to the close of business on the business day immediately preceding the stated maturity date, holders may convert all or any portion of their notes. The notes are fully and unconditionally guaranteed, jointly and severally, by substantially all of the Company’s 100 percent-owned homebuilding subsidiaries (the “Guarantor Subsidiaries”). The Company may not redeem the notes prior to June 6, 2017. On or after that date, it may redeem for cash any or all of the notes, at its option, if the closing sale price of its common stock for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period ending within 5 trading days immediately preceding the date on which it provides notice of redemption, including the last trading day of such 30 day trading period, exceeds 130 percent of the applicable conversion price on each applicable trading day. The redemption price will equal 100 percent of the principal amount of the notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. No sinking fund is provided for the notes. The Company received net proceeds of $260.1 million from this offering prior to offering expenses. The Company expects to use these proceeds for general corporate purposes.
	To provide letters of credit required in the ordinary course of its business, the Company has various secured letter of credit agreements that require it to maintain restricted cash deposits for outstanding letters of credit. Outstanding letters of credit totaled $95.8 million and $79.5 million under these agreements at September 30, 2013 and December 31, 2012, respectively.
	To finance its land purchases, the Company may also use seller-financed nonrecourse secured notes payable. At September 30, 2013 and December 31, 2012, outstanding seller-financed nonrecourse secured notes payable totaled $1.4 million and $6.0 million, respectively.
	Senior notes and indenture agreements are subject to certain covenants that include, among other things, restrictions on additional secured debt and the sale of assets. The Company was in compliance with these covenants at September 30, 2013.
	During 2011, RMC entered into a $50.0 million repurchase credit facility with JPMorgan Chase Bank, N.A. (“JPM”). This facility is used to fund, and is secured by, mortgages that were originated by RMC and are pending sale. During 2012, this facility was increased to $75.0 million and extended to December 2013. Under the terms of this facility, RMC is required to maintain various financial and other covenants and to satisfy certain requirements relating to the mortgages securing the facility. At September 30, 2013, the Company was in compliance with these covenants. The Company had no outstanding borrowings against this credit facility at September 30, 2013 and December 31, 2012.

Fair_Values_of_Financial_and_N

Fair Values of Financial and Nonfinancial Instruments	9 Months Ended
	Sep. 30, 2013
Fair Values of Financial and Nonfinancial Instruments	'
Fair Values of Financial and Nonfinancial Instruments	'
	Note 13.  Fair Values of Financial and Nonfinancial Instruments
	Financial Instruments
	The Company’s financial instruments are held for purposes other than trading. The fair values of these financial instruments are based on quoted market prices, where available, or are estimated using other valuation techniques. Estimated fair values are significantly affected by the assumptions used. As required by ASC No. 820 (“ASC 820”), “Fair Value Measurements and Disclosures,” fair value measurements of financial instruments are categorized as Level 1, Level 2 or Level 3, based on the types of inputs used in estimating fair values.
	Level 1 fair values are those determined using quoted market prices in active markets for identical assets or liabilities. Level 2 fair values are those determined using directly or indirectly observable inputs in the marketplace that are other than Level 1 inputs. Level 3 fair values are those determined using unobservable inputs, including the use of internal assumptions, estimates or models. Valuations, therefore, are sensitive to the assumptions used for these items. Fair values represent the Company’s best estimates as of the balance sheet date and are based on existing conditions and available information at the issuance date of these financial statements. Subsequent changes in conditions or available information may change assumptions and estimates.
	The following table displays the values and methods used for measuring the fair values of financial instruments on a recurring basis:
						FAIR VALUE
	(in thousands)	HIERARCHY	30-Sep-13			31-Dec-12
	Marketable securities, available-for-sale
	U.S. Treasury securities	Level 1	$	93,694		$	3,099
	Obligations of U.S. government agencies	Level 1	20,226			133,110
	Municipal debt securities	Level 2	37,029			22,183
	Corporate debt securities	Level 2	164,855			163,393
	Asset-backed securities	Level 2	24,685			27,314
	Time deposits	Level 2	1,804			-
	Short-term pooled investments	Level 1	25,228			36,526
	Mortgage loans held-for-sale	Level 2	86,463			107,950
	Mortgage interest rate lock commitments	Level 2	9,770			4,737
	Forward-delivery contracts	Level 2	(6,878		)	(369		)
	Marketable Securities, Available-for-sale
	At September 30, 2013 and December 31, 2012, the Company had $367.5 million and $385.6 million, respectively, of marketable securities that were available-for-sale and comprised of U.S. Treasury securities; obligations of U.S. government agencies; municipal debt securities; corporate debt securities; asset-backed securities of U.S. government agencies and covered bonds; time deposits; and short-term pooled investments. (See Note 7, “Marketable Securities, Available-for-sale.”)
	Other Financial Instruments
	Mortgage loans held-for-sale and forward-delivery contracts are based on quoted market prices of similar instruments (Level 2). Interest rate lock commitments (“IRLCs”) are valued at their aggregate market price premium or deficit, plus a servicing premium, multiplied by the projected close ratio (Level 2). The market price premium or deficit is based on quoted market prices of similar instruments; the servicing premium is based on contractual investor guidelines for each product; and the projected close ratio is determined utilizing an external modeling system, widely used within the industry, to estimate customer behavior at an individual loan level. At September 30, 2013 and December 31, 2012, contractual principal amounts of mortgage loans held-for-sale totaled $84.6 million and $103.4 million, respectively. The fair values of IRLCs were included in “Other” assets within the Consolidated Balance Sheets, and forward-delivery contracts were included in “Other” assets and “Accrued and other liabilities” within the Consolidated Balance Sheets.
	Gains realized on the IRLC pipeline, including activity and changes in fair value, totaled $7.9 million and $5.0 million for the three- and nine-month periods ended September 30, 2013, respectively, compared to gains realized on the IRLC pipeline that totaled $925,000 and $3.0 million for the three- and nine-month periods ended September 30, 2012, respectively. Losses on forward-delivery contracts used to hedge IRLCs totaled $3.3 million for the three-month period ended September 30, 2013, compared to gains on forward-delivery contracts that totaled $7.0 million for the nine-month period ended September 30, 2013. Losses on forward-delivery contracts totaled $3.9 million and $7.8 million for the three- and nine-month periods ended September 30, 2012, respectively. Gains on loan sales totaled $2.3 million and $10.6 million for the three- and nine-month periods ended September 30, 2013, respectively, and $7.8 million and $17.9 million for the three- and nine-month periods ended September 30, 2012, respectively. Net gains and losses related to IRLCs, forward-delivery contracts and loan sales were included in “Financial services” revenues within the Consolidated Statements of Earnings.
	The excess of the aggregate fair value over the aggregate unpaid principal balance for mortgage loans held-for-sale measured at fair value totaled $1.8 million and $4.6 million at September 30, 2013 and December 31, 2012, respectively. These amounts were included in “Financial services” revenues within the Consolidated Statements of Earnings. At September 30, 2013, the Company held one repurchased loan with payments 90 days or more past due that had an aggregate carrying value of $247,000 and an aggregate unpaid principal balance of $397,000. At December 31, 2012, the Company held no loans with payments 90 days or more past due.
	While recorded fair values represent management’s best estimate based on data currently available, future changes in interest rates or in market prices for mortgage loans, among other factors, could materially impact these fair values.
	Nonfinancial Instruments
	In accordance with ASC 820, the Company measures certain nonfinancial homebuilding assets at their fair values on a nonrecurring basis. (See Note 8, “Housing Inventories.”) There were no housing inventory impairments during the nine months ended September 30, 2013. In accordance with ASC No. 330, (“ASC 330”), “Inventory,” at December 31, 2012, the fair value of housing inventory that was impaired during 2012 totaled $2.9 million. The impairment charges related to these assets totaled $1.9 million for the year ended December 31, 2012. The fair values of other assets held-for-sale that were impaired during 2013 totaled $694,000 at September 30, 2013. The impairment charges related to these assets totaled $39,000 for the nine months ended September 30, 2013. The fair values of other assets held-for-sale that were impaired during 2012 totaled $263,000 at December 31, 2012. The impairment charges related to these assets totaled $41,000 for the year ended December 31, 2012. At December 31, 2012, the fair values of investments in joint ventures that were impaired during 2012 totaled $1.3 million. The impairment charges related to these assets totaled $40,000 for the year ended December 31, 2012.

Postretirement_Benefits

Postretirement Benefits	9 Months Ended
	Sep. 30, 2013
Postretirement Benefits	'
Postretirement Benefits	'
	Note 14.  Postretirement Benefits
	The Company has a supplemental nonqualified retirement plan, which generally vests over five-year periods beginning in 2003, pursuant to which it will pay supplemental pension benefits to key employees upon retirement. In connection with this plan, the Company has purchased cost-recovery life insurance on the lives of certain employees. Insurance contracts associated with the plan are held by trusts established as part of the plan to implement and carry out its provisions and to finance its related benefits. The trusts are owners and beneficiaries of such contracts. The amount of coverage is designed to provide sufficient revenue to cover all costs of the plan if assumptions made as to employment term, mortality experience, policy earnings and other factors are realized. At September 30, 2013, the value of the assets held in trust totaled $14.5 million, compared to $13.1 million at December 31, 2012, and was included in “Other” assets within the Consolidated Balance Sheets. The net periodic benefit income of this plan for the three months ended September 30, 2013, totaled $427,000, which included an investment gain of $653,000, partially offset by interest costs of $215,000 and by service costs of $11,000. The net periodic benefit income of this plan for the three months ended September 30, 2012, totaled $969,000, which included a death benefit of $863,000 and an investment gain of $437,000, partially offset by interest costs of $301,000 and by service costs of $30,000. The net periodic benefit income of this plan for the nine months ended September 30, 2013, totaled $723,000, which included an investment gain of $1.4 million, partially offset by interest costs of $644,000 and by service costs of $31,000. The net periodic benefit income of this plan for the nine months ended September 30, 2012, totaled $815,000, which included an investment gain of $945,000 and a death benefit of $863,000, partially offset by interest costs of $903,000 and by service costs of $90,000. The $13.3 million and $12.7 million projected benefit obligations at September 30, 2013 and December 31, 2012, respectively, were equal to the net liabilities recognized in the Consolidated Balance Sheets at those dates. The weighted-average discount rates used for the plan were 6.8 percent and 6.6 percent for the nine-month periods ended September 30, 2013 and 2012, respectively.

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2013
Income Taxes	'
Income Taxes	'
	Note 15.  Income Taxes
	Deferred tax assets are recognized for estimated tax effects that are attributable to deductible temporary differences and tax carryforwards related to tax credits and net operating losses (“NOLs”). They are realized when existing temporary differences are carried back to a profitable year(s) and/or carried forward to a future year(s) having taxable income. Deferred tax assets are reduced by a valuation allowance if an assessment of their components indicates that it is more likely than not that all or some portion of these assets will not be realized. In the assessment for a valuation allowance, appropriate consideration is given to all positive and negative evidence related to the realization of the deferred tax assets. This assessment considers, among other matters, the nature, frequency and severity of current and cumulative losses; actual earnings; forecasts of future earnings; the duration of statutory carryforward periods; the Company’s experience with NOL carryforwards not expiring unused; and tax planning alternatives.
	At June 30, 2013, the Company determined it was more likely than not that its deferred tax assets will be realized, which resulted in a $187.5 million reversal of the valuation allowance against its deferred tax assets, which was calculated on an annual basis, during the second quarter of 2013. After the reversal, the Company had a valuation allowance of $46.4 million against its deferred tax assets, which represented an estimation of the allowance required for the second half of 2013. As of June 30, 2013, the Company will need to generate approximately $550 million of pretax income in future periods to realize all of its federal NOLs and federal deductible temporary differences.
	The Company evaluated both positive and negative evidence to determine its ability to realize its deferred tax assets. In its evaluation, the Company gave more significant weight to the objective evidence as compared to the subjective evidence. Also, more significant weight was given to evidence that directly related to the Company’s current financial performance than to indirect or less current evidence. The Company gave the most significant weight in its evaluation to positive objective, direct evidence related to its recently improved financial results, especially its five consecutive quarters of pretax income; significant growth in net sales orders, backlog and average closing price; increased community count; and its strong balance sheet and liquidity position during 2013. Additionally, the Company considered, at a lower weighting, positive subjective, direct evidence that it expects to increase its pretax income in future years by utilizing its strong balance sheet and liquidity position to invest in opportunities that will sustain and grow its operations. If industry conditions weaken moderately, the Company expects to be able to adjust its operations to maintain long-term profitability and still realize its deferred tax assets. The Company estimated that if its annual pretax income remains at 2013 levels in future years, it will realize all of its federal NOLs and absorb reversing temporary differences related to previously impaired inventory within the next five tax years, which is well in advance of the expiration date of its NOL carryforwards, which begin to expire in 2031.
	Prior to the quarter ended June 30, 2013, the Company gave significant weight to the negative, direct evidence of its three-year cumulative pretax loss position that resulted from prior losses incurred during the housing market decline. As of June 30, 2013, the Company generated five consecutive quarters of pretax income and therefore, its prior losses were weighted less than the recent positive financial results in its evaluation at June 30, 2013. Other negative, indirect evidence, such as negative macroeconomic conditions that included unemployment and consumer confidence, as well as a more restrictive mortgage lending environment, was considered at a lower weighting because the Company’s recent financial performance has been achieved in this environment. Also, negative, direct evidence of the Company’s gross profit margins, which were lower than historical levels before the housing downturn, was considered at a lower weight than the positive direct evidence of its growing pretax income levels.
	Based on its evaluation of positive and negative evidence described above at June 30, 2013, the Company concluded that the positive evidence outweighed the negative evidence and that it was more likely than not that all of its federal deferred tax assets will be realized. These significant changes in evidence at June 30, 2013, led the Company to determine that it was appropriate to reverse all of the valuation allowance against its deferred tax assets.
	The Company continues to evaluate both the positive and negative evidence in determining the need for a valuation allowance against its deferred tax assets. Changes in positive and negative evidence, including differences between the Company’s future operating results and the estimates utilized in the determination of the valuation allowance, could result in changes in the Company’s estimate of the valuation allowance against its deferred tax assets. The accounting for deferred taxes is based upon estimates of future results. Differences between the anticipated and actual outcomes of these future results could have a material impact on the Company’s consolidated results of operations or financial position. Also, changes in existing federal and state tax laws and tax rates could affect future tax results and the valuation allowance against the Company’s deferred tax assets.
	At September 30, 2013 and December 31, 2012, the Company had net deferred tax assets of $213.4 million and $258.9 million, respectively, offset by valuation allowances of $25.9 million and $258.9 million, respectively.
	For federal purposes, net operating losses can be carried forward 20 years; for state purposes, they can generally be carried forward 10 to 20 years, depending on the taxing jurisdiction. Federal net operating loss carryforwards, if not utilized, will begin to expire in 2031. Additionally, the Company has other carryforwards primarily composed of federal tax credits that can be carried forward 20 years with expiration dates beginning in 2029. The Company anticipates full utilization of these credits.
	For the three months ended September 30, 2013, the Company’s provision for income tax presented an overall effective income tax expense rate of 0.8 percent, primarily due to noncash adjustments to its deferred tax asset valuation allowance, compared to an income tax benefit rate of 154.5 percent for the nine months ended September 30, 2013, primarily related to the reversal of the Company’s deferred tax asset valuation allowance. For the three and nine months ended September 30, 2012, the Company’s provision for income tax presented overall effective income tax expense rates of 0.2 percent and 1.8 percent, respectively, primarily due to noncash adjustments to its deferred tax asset valuation allowance.

StockBased_Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2013
Stock-Based Compensation	'
Stock-Based Compensation	'
	Note 16.  Stock-Based Compensation
	The Ryland Group, Inc. 2011 Equity and Incentive Plan (the “Plan”) permits the granting of stock options, restricted stock awards, stock units, cash incentive awards or any combination of the foregoing to employees. Stock options granted in accordance with the Plan generally have a maximum term of seven years and vest in equal annual installments over three years. Certain outstanding stock options granted under predecessor plans have maximum terms of either five or ten years. Outstanding restricted stock units granted under the Plan or its predecessor plans generally vest in three equal annual installments and those granted to senior executives generally vest with performance criteria. At September 30, 2013 and December 31, 2012, stock options or other awards or units available for grant under the Plan or its predecessor plans totaled 3,132,053 and 3,016,108, respectively.
	The Ryland Group, Inc. 2011 Non-Employee Director Stock Plan (the “Director Plan”) provides for a stock award of 3,000 shares to each non-employee director on May 1 of each year. New non-employee directors will receive a pro rata stock award within 30 days after their date of appointment or election, based on the remaining portion of the plan year in which they are appointed or elected. Stock awards are fully vested and nonforfeitable on their applicable award dates. There were 140,000 and 158,000 stock awards available for future grant in accordance with the Director Plan at September 30, 2013 and December 31, 2012, respectively. Previously, The Ryland Group, Inc. 2004 Non-Employee Director Equity Plan and its predecessor plans provided for automatic grants of nonstatutory stock options to directors. These stock options are fully vested and have a maximum term of ten years.
	All outstanding stock options, stock awards and restricted stock awards have been granted in accordance with the terms of the applicable Plan, Director Plan and their respective predecessor plans, all of which were approved by the Company’s stockholders. Certain option and share awards provide for accelerated vesting if there is a change in control (as defined in the plans).
	The Company recorded stock-based compensation expense of $4.5 million for the three months ended September 30, 2013 and 2012. Stock-based compensation expense totaled $13.7 million and $11.7 million for the nine months ended September 30, 2013 and 2012, respectively. Stock-based compensation expenses have been allocated to the Company’s business units and included in “Financial services” and “Selling, general and administrative” expenses within the Consolidated Statements of Earnings.
	A summary of stock option activity in accordance with the Company’s equity incentive plans as of September 30, 2013 and 2012, and changes for the nine-month periods then ended, follows:
							WEIGHTED-
					WEIGHTED-		AVERAGE	AGGREGATE
					AVERAGE		REMAINING	INTRINSIC
					EXERCISE		CONTRACTUAL	VALUE
		SHARES			PRICE		LIFE (in years)	(in thousands)
	Options outstanding at January 1, 2012	3,948,874			$	28.91	2.4
	Granted	756,000			18.55
	Exercised	(380,813	)		18.3
	Forfeited	(699,498	)		35.33
	Options outstanding at September 30, 2012	3,624,563			$	26.62	3	$	28,297
	Available for future grant	3,071,288
	Total shares reserved at September 30, 2012	6,695,851
	Options exercisable at September 30, 2012	2,172,926			$	32.01	1.8	$	11,667
	Options outstanding at January 1, 2013	3,419,423			$	26.92	2.9
	Granted	-			-
	Exercised	(815,394	)		25.07
	Forfeited	(60,289	)		21.24
	Options outstanding at September 30, 2013	2,543,740			$	27.65	2.5	$	40,113
	Available for future grant	3,132,053
	Total shares reserved at September 30, 2013	5,675,793
	Options exercisable at September 30, 2013	1,839,432			$	31.38	1.7	$	24,172
	Stock-based compensation expense related to employee stock options totaled $699,000 and $1.4 million for the three-month periods ended September 30, 2013 and 2012, respectively. Stock-based compensation expense related to employee stock options totaled $2.8 million and $3.7 million for the nine-month periods ended September 30, 2013 and 2012, respectively.
	During the three-month periods ended September 30, 2013 and 2012, the intrinsic values of stock options exercised totaled $756,000 and $2.4 million, respectively. During the nine-month periods ended September 30, 2013 and 2012, the intrinsic values of stock options exercised totaled $14.1 million and $2.7 million, respectively. The intrinsic value of a stock option is the amount by which the market value of the underlying stock exceeds the exercise price of the option.
	Compensation expense associated with restricted stock unit awards totaled $3.6 million and $2.9 million for the three-month periods ended September 30, 2013 and 2012, respectively. For the nine-month periods ended September 30, 2013 and 2012, compensation expense associated with restricted stock unit awards totaled $10.3 million and $7.7 million, respectively.
	The following table summarizes the activity that relates to the Company’s restricted stock unit awards:
		2013		2012
	Restricted stock units at January 1	774,217		657,825
	Shares awarded	143,594		400,568
	Shares vested	(354,369	)	(350,349	)
	Shares forfeited	(21,534	)	(6,667	)
	Restricted stock units at September 30	541,908		701,377
	At September 30, 2013, the Company’s outstanding restricted stock units are expected to vest as follows: 2014—299,913; 2015—194,135; and 2016—47,860.
	The Company has granted stock awards to its non-employee directors pursuant to the terms of the Director Plan. The Company recorded stock-based compensation expense related to Director Plan stock awards in the amounts of $205,000 and $108,000 for the three-month periods ended September 30, 2013 and 2012, respectively. For the nine-month periods ended September 30, 2013 and 2012, stock-based compensation expense related to Director Plan stock awards totaled $589,000 and $296,000, respectively.

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2013
Commitments and Contingencies	'
Commitments and Contingencies	'
	Note 17.  Commitments and Contingencies
	Commitments
	In the ordinary course of business, the Company acquires rights under option agreements to purchase land or lots for use in future homebuilding operations. At September 30, 2013 and December 31, 2012, it had cash deposits and letters of credit outstanding that totaled $73.3 million and $53.1 million, respectively, pertaining to land and lot option purchase contracts with aggregate purchase prices of $934.7 million and $589.6 million, respectively. At September 30, 2013 and December 31, 2012, the Company had $2.8 million and $492,000, respectively, in commitments with respect to option contracts having specific performance provisions.
	IRLCs represent loan commitments with customers at market rates generally up to 180 days before settlement. The Company had outstanding IRLCs with notional amounts that totaled $411.8 million and $137.7 million at September 30, 2013 and December 31, 2012, respectively. Hedging instruments, including forward-delivery contracts, are utilized to mitigate the risk associated with interest rate fluctuations on IRLCs.
	Contingencies
	As an on-site housing producer, the Company is often required by some municipalities to obtain development or performance bonds and letters of credit in support of its contractual obligations. At September 30, 2013, development bonds totaled $127.3 million, while performance-related cash deposits and letters of credit totaled $63.1 million. At December 31, 2012, development bonds totaled $108.4 million, while performance-related cash deposits and letters of credit totaled $52.0 million. In the event that any such bonds or letters of credit are called, the Company would be required to reimburse the issuer; however, it does not believe that any currently outstanding bonds or letters of credit will be called.
	Substantially all of the loans the Company originates are sold within a short period of time in the secondary mortgage market on a servicing-released basis. After the loans are sold, ownership, credit risk and management, including servicing of the loans, passes to the third-party purchaser. RMC retains no role or interest other than standard industry representations and warranties. The Company retains potential liability for possible claims by loan purchasers that it breached certain limited standard industry representations and warranties in its sale agreements. There has been an increased industrywide effort by loan purchasers to defray losses from mortgages purchased in an unfavorable economic environment by claiming to have found inaccuracies related to sellers’ representations and warranties in particular sale agreements. There is industry debate regarding the extent to which such claims are justified. The significant majority of these claims relate to loans originated in 2005, 2006 and 2007, when underwriting standards were less stringent.
	The following table summarizes the composition of the Company’s mortgage loan types originated, its homebuyers’ average credit scores and its loan-to-value ratios:
		NINE		TWELVE MONTHS ENDED DECEMBER 31,
		MONTHS ENDED
		SEPTEMBER 30,
		2013		2012		2011		2010		2009		2008
	Prime	54.5	%	48.6	%	42.2	%	34.9	%	32.9	%	51.8	%
	Government (FHA/VA/USDA)	45.5		51.4		57.8		65.1		67.1		48.2
	Total	100	%	100	%	100	%	100	%	100	%	100	%
	Average FICO credit score	731		731		726		723		717		711
	Average combined loan-to-value ratio	90.3	%	90.1	%	90.3	%	90.8	%	91.4	%	90.1	%
	While the Company’s access to delinquency information is limited subsequent to loan sale, based on a review of information provided voluntarily by certain investors and on government loan reports made available by the U.S. Department of Housing and Urban Development, the Company believes that the average delinquency rates of RMC’s loans are generally in line with industry averages. Delinquency rates for loans originated in 2008 and subsequent years are significantly lower than those originated in 2005 through 2007. The Company primarily attributes this decrease in delinquency rates to the industrywide tightening of credit standards and the elimination of most nontraditional loan products.
	The Company’s mortgage operations have established reserves for possible losses associated with mortgage loans previously originated and sold to investors based upon, among other things, actual past repurchases and losses through the disposition of affected loans; an analysis of repurchase requests received and the validity of those requests; and an estimate of potential liability for valid claims not yet received. Although the amount of an ultimate loss cannot be definitively estimated, the Company has accrued $11.0 million for these types of claims as of September 30, 2013, but it may have additional exposure. (See “Part II, Item 1, Legal Proceedings.”)
	The following table displays changes in the Company’s mortgage loan loss reserves and related legal reserves during the nine-month periods presented:
	(in thousands)	2013			2012
	Balance at January 1	$	10,484		$	10,141
	Provision for losses	1,072			300
	Settlements made	(592		)	(345		)
	Balance at September 30	$	10,964		$	10,096
	Subsequent changes in conditions or available information may change assumptions and estimates. Mortgage loan loss reserves and related legal reserves were included in “Accrued and other liabilities” within the Consolidated Balance Sheets, and their associated expenses were included in “Financial services” expense within the Consolidated Statements of Earnings.
	The Company provides product warranties covering workmanship and materials for one year, certain mechanical systems for two years and structural systems for ten years. It estimates and records warranty liabilities based upon historical experience and known risks at the time a home closes as a component of cost of sales, as well as upon identification and quantification of its obligations in cases of unexpected claims. Actual future warranty costs could differ from current estimates.
	The following table summarizes changes in the Company’s product liability reserves during the nine-month periods presented:
	(in thousands)	2013			2012
	Balance at January 1	$	18,188		$	20,648
	Warranties issued	5,651			2,389
	Changes in liability for accruals related to pre-existing warranties	739			1,669
	Settlements made	(4,419		)	(6,393		)
	Balance at September 30	$	20,159		$	18,313
	The Company requires substantially all of its subcontractors to have workers’ compensation insurance and general liability insurance, including construction defect coverage. RHIC provided insurance services to the homebuilding segments’ subcontractors in certain markets until June 1, 2008. RHIC insurance reserves may have the effect of lowering the Company’s product liability reserves, as collectibility of claims against subcontractors enrolled in the RHIC program is generally higher. At September 30, 2013 and December 31, 2012, RHIC had $13.4 million and $14.8 million, respectively, in subcontractor product liability reserves, which were included in “Accrued and other liabilities” within the Consolidated Balance Sheets. Reserves for loss and loss adjustment expense are based upon industry trends and the Company’s annual actuarial projections of historical loss development.
	The following table displays changes in RHIC’s insurance reserves during the nine-month periods presented:
	(in thousands)	2013			2012
	Balance at January 1	$	14,813		$	18,209
	Loss expenses paid	(1,380		)	(1,510		)
	Balance at September 30	$	13,433		$	16,699
	Expense provisions or adjustments to RHIC’s insurance reserves were included in “Financial services” expense within the Consolidated Statements of Earnings.
	The Company is party to various legal proceedings generally incidental to its businesses. Litigation reserves have been established based on discussions with counsel and on the Company’s analysis of historical claims. The Company has, and requires its subcontractors to have, general liability insurance to protect it against a portion of its risk of loss and to cover it against construction-related claims. The Company establishes reserves to cover its self-insured retentions and deductible amounts under those policies.
	In view of the inherent unpredictability of outcomes in legal matters, particularly where (a) damages sought are speculative, unspecified or indeterminate; (b) proceedings are in the early stages or impacted significantly by future legal determinations or judicial decisions; (c) matters involve unsettled questions of law, multiple parties, or complex facts and circumstances; or (d) insured risk transfer or coverage is undetermined, there is considerable uncertainty surrounding the timing or resolution of these matters, including a possible eventual loss. Given this inherent unpredictability, actual future litigation costs could differ from the Company’s current estimates. At the same time, the Company believes that adequate provisions have been made for the resolution of all known claims and pending litigation for probable losses. In accordance with applicable accounting guidance, the Company accrues amounts for legal matters where it believes they present loss contingencies that are both probable and reasonably estimable. In such cases, however, the Company may be exposed to losses in excess of any amounts accrued and may need to adjust the accruals from time to time to reflect developments that could affect its estimate of potential losses. Moreover, in accordance with applicable accounting guidance, if the Company does not believe that the potential loss from a particular matter is both probable and reasonably estimable, it does not make an accrual and will monitor the matter for any developments that would make the loss contingency both probable and reasonably estimable. For matters as to which the Company believes a loss is reasonably probable and estimable, at September 30, 2013 and December 31, 2012, it had legal reserves of $16.6 million and $17.9 million, respectively. (See “Part II, Item 1, Legal Proceedings.”) It currently estimates that the range of reasonably possible losses, in excess of amounts accrued, could be up to approximately $10 million in the aggregate.

New_Accounting_Pronouncement

New Accounting Pronouncement	9 Months Ended
	Sep. 30, 2013
New Accounting Pronouncement	'
New Accounting Pronouncement	'
	Note 18.  New Accounting Pronouncement
	ASU 2013-11
	In July 2013, the FASB issued Accounting Standards Update (“ASU”) No. 2013-11 (“ASU 2013-11”), “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists.” The amendments in ASU 2013-11 are intended to end inconsistent practices regarding the presentation of unrecognized tax benefits on the balance sheet. An entity will be required to present an unrecognized tax benefit as a reduction of a deferred tax asset for an NOL or tax credit carryforward whenever the NOL or tax credit carryforward would be available to reduce the additional taxable income or tax due if the tax position is disallowed. An entity is required to apply the amendments prospectively for annual reporting periods beginning after December 15, 2013, and for interim periods within those annual periods. Early adoption and retrospective application are permitted. The Company does not anticipate that the adoption of this guidance will have a material impact on its consolidated financial statements.

Supplemental_Guarantor_Informa

Supplemental Guarantor Information	9 Months Ended
	Sep. 30, 2013
Supplemental Guarantor Information	'
Supplemental Guarantor Information	'
	Note 19.  Supplemental Guarantor Information
	The Company’s obligations to pay principal, premium, if any, and interest under its 5.4 percent senior notes due January 2015; 8.4 percent senior notes due May 2017; 1.6 percent convertible senior notes due May 2018; 0.25 percent convertible senior notes due June 2019; 6.6 percent senior notes due May 2020; and 5.4 percent senior notes due October 2022 are guaranteed on a joint and several basis by substantially all of its Guarantor Subsidiaries. Such guarantees are full and unconditional.
	In lieu of providing separate financial statements for the Guarantor Subsidiaries, the accompanying condensed consolidating financial statements have been included. Management does not believe that separate financial statements for the Guarantor Subsidiaries are material to investors and are, therefore, not presented.
	In the event a Guarantor Subsidiary is sold or disposed of (whether by merger, consolidation, sale of its capital stock or sale of all or substantially all of its assets [other than by lease]), and whether or not the Guarantor Subsidiary is the surviving corporation in such transaction, to a Person which is not the Company or a Restricted Subsidiary of the Company, such Guarantor Subsidiary will be released from its obligations under its guarantee if (a) the sale or other disposition is in compliance with the indenture and (b) all the obligations of such Guarantor Subsidiary under any agreements relating to any other indebtedness of the Company or its restricted subsidiaries terminate upon consummation of such transaction. In addition, a Guarantor Subsidiary will be released from its obligations under the indenture if such Subsidiary ceases to be a Restricted Subsidiary (in compliance with the applicable provisions of the indenture).
	The following information presents the consolidating statements of earnings, financial position and cash flows for (a) the parent company and issuer, The Ryland Group, Inc. (“TRG, Inc.”); (b) the Guarantor Subsidiaries; (c) the non-Guarantor Subsidiaries; and (d) the consolidation eliminations used to arrive at the consolidated information for The Ryland Group, Inc. and subsidiaries.
	CONSOLIDATING STATEMENTS OF EARNINGS
							THREE MONTHS ENDED SEPTEMBER 30, 2013
								NON-
					GUARANTOR			GUARANTOR			CONSOLIDATING			CONSOLIDATED
	(in thousands)	TRG, INC.			SUBSIDIARIES			SUBSIDIARIES			ELIMINATIONS			TOTAL
	REVENUES	$	323,969		$	249,258		$	13,514		$	(10,318	)	$	576,423
	EXPENSES	297,453			227,953			7,497			(10,318		)	522,585
	OTHER INCOME	148			-			-			-			148
	Income from continuing operations before taxes	26,664			21,305			6,017			-			53,986
	Tax (benefit) expense	(1,047		)	1,433			42			-			428
	Equity in net earnings of subsidiaries	25,847			-			-			(25,847		)	-
	Net income from continuing operations	53,558			19,872			5,975			(25,847		)	53,558
	Income (loss) from discontinued operations, net of taxes	91			(21		)	-			21			91
	NET INCOME	$	53,649		$	19,851		$	5,975		$	(25,826	)	$	53,649
								NINE MONTHS ENDED SEPTEMBER 30, 2013
	REVENUES	$	795,603		$	638,081		$	39,697		$	(29,283	)	$	1,444,098
	EXPENSES	740,825			591,769			21,733			(29,283		)	1,325,044
	OTHER INCOME	1,414			-			-			-			1,414
	Income from continuing operations before taxes	56,192			46,312			17,964			-			120,468
	Tax (benefit) expense	(102,234		)	(84,262		)	171			-			(186,325		)
	Equity in net earnings of subsidiaries	148,367			-			-			(148,367		)	-
	Net income from continuing operations	306,793			130,574			17,793			(148,367		)	306,793
	Income from discontinued operations, net of taxes	167			20			-			(20		)	167
	NET INCOME	$	306,960		$	130,594		$	17,793		$	(148,387	)	$	306,960
	CONSOLIDATING STATEMENTS OF EARNINGS
					THREE MONTHS ENDED SEPTEMBER 30, 2012
								NON-
					GUARANTOR			GUARANTOR			CONSOLIDATING			CONSOLIDATED
	(in thousands)	TRG, INC.			SUBSIDIARIES			SUBSIDIARIES			ELIMINATIONS			TOTAL
	REVENUES	$	194,984		$	154,212		$	9,497		$	-		$	358,693
	EXPENSES	188,576			144,902			6,111			-			339,589
	OTHER LOSS	(8,674		)	-			-			-			(8,674		)
	(Loss) income from continuing operations before taxes	(2,266		)	9,310			3,386			-			10,430
	Tax (benefit) expense	(100		)	226			(103		)	-			23
	Equity in net earnings of subsidiaries	12,573			-			-			(12,573		)	-
	Net income from continuing operations	10,407			9,084			3,489			(12,573		)	10,407
	Income from discontinued operations, net of taxes	238			186			-			(186		)	238
	NET INCOME	$	10,645		$	9,270		$	3,489		$	(12,759	)	$	10,645
					NINE MONTHS ENDED SEPTEMBER 30, 2012
	REVENUES	$	462,195		$	381,129		$	25,007		$	-		$	868,331
	EXPENSES	455,268			373,674			18,032			-			846,974
	OTHER LOSS	(7,709		)	-			-			-			(7,709		)
	(Loss) income from continuing operations before taxes	(782		)	7,455			6,975			-			13,648
	Tax (benefit) expense	(12		)	116			109			-			213
	Equity in net earnings of subsidiaries	14,205			-			-			(14,205		)	-
	Net income from continuing operations	13,435			7,339			6,866			(14,205		)	13,435
	Loss from discontinued operations, net of taxes	(1,626		)	(655		)	-			655			(1,626		)
	NET INCOME	$	11,809		$	6,684		$	6,866		$	(13,550	)	$	11,809
	CONSOLIDATING STATEMENTS OF OTHER COMPREHENSIVE INCOME
					THREE MONTHS ENDED SEPTEMBER 30, 2013
								NON-
					GUARANTOR			GUARANTOR			CONSOLIDATING			CONSOLIDATED
	(in thousands)	TRG, INC.			SUBSIDIARIES			SUBSIDIARIES			ELIMINATIONS			TOTAL
	Net income	$	53,649		$	19,851		$	5,975		$	(25,826	)	$	53,649
	Other comprehensive income before tax:
	Unrealized gain on marketable securities, available-for-sale:
	Unrealized gain	433			-			-			-			433
	Less: reclassification adjustments for losses included in net income	253			-			-			-			253
Other comprehensive income before tax	686			-			-			-			686
Income tax benefit related to items of other comprehensive income	-			-			-			-			-
Other comprehensive income, net of tax	686			-			-			-			686
Comprehensive income	$	54,335		$	19,851		$	5,975		$	(25,826	)	$	54,335
				NINE MONTHS ENDED SEPTEMBER 30, 2013
Net income	$	306,960		$	130,594		$	17,793		$	(148,387	)	$	306,960
Other comprehensive loss before tax:
Unrealized loss on marketable securities, available-for-sale:
Unrealized loss	(201		)	-			-			-			(201		)
Less: reclassification adjustments for gains included in net income	(88		)	-			-			-			(88		)
Other comprehensive loss before tax	(289		)	-			-			-			(289		)
Income tax benefit related to items of other comprehensive loss	-			-			-			-			-
Other comprehensive loss, net of tax	(289		)	-			-			-			(289		)
Comprehensive income	$	306,671		$	130,594		$	17,793		$	(148,387	)	$	306,671
CONSOLIDATING STATEMENTS OF OTHER COMPREHENSIVE INCOME
				THREE MONTHS ENDED SEPTEMBER 30, 2012
							NON-
				GUARANTOR			GUARANTOR			CONSOLIDATING			CONSOLIDATED
(in thousands)	TRG, INC.			SUBSIDIARIES			SUBSIDIARIES			ELIMINATIONS			TOTAL
Net income	$	10,645		$	9,270		$	3,489		$	(12,759	)	$	10,645
Other comprehensive loss before tax:
Reduction of unrealized gain related to cash flow hedging instruments	(1,106		)	-			-			-			(1,106		)
Unrealized gain on marketable securities, available-for-sale:
Unrealized gain	225			-			-			-			225
Less: reclassification adjustments for gains included in net income	(9		)	-			-			-			(9		)
Total unrealized gain on marketable securities, available-for-sale	216			-			-			-			216
Other comprehensive loss before tax	(890		)	-			-			-			(890		)
Income tax benefit related to items of other comprehensive loss	423			-			-			-			423
Other comprehensive loss, net of tax	(467		)	-			-			-			(467		)
Comprehensive income	$	10,178		$	9,270		$	3,489		$	(12,759	)	$	10,178
				NINE MONTHS ENDED SEPTEMBER 30, 2012
Net income	$	11,809		$	6,684		$	6,866		$	(13,550	)	$	11,809
Other comprehensive loss before tax:
Reduction of unrealized gain related to cash flow hedging instruments	(1,709		)	-			-			-			(1,709		)
Unrealized gain on marketable securities, available-for-sale:
Unrealized gain	1,158			-			-			-			1,158
Less: reclassification adjustments for gains included in net income	(22		)	-			-			-			(22		)
Total unrealized gain on marketable securities, available-for-sale	1,136			-			-			-			1,136
Other comprehensive loss before tax	(573		)	-			-			-			(573		)
Income tax benefit related to items of other comprehensive income	653			-			-			-			653
Other comprehensive income, net of tax	80			-			-			-			80
Comprehensive income	$	11,889		$	6,684		$	6,866		$	(13,550	)	$	11,889
CONSOLIDATING BALANCE SHEETS
				SEPTEMBER 30, 2013
							NON-
				GUARANTOR			GUARANTOR			CONSOLIDATING			CONSOLIDATED
(in thousands)	TRG, INC.			SUBSIDIARIES			SUBSIDIARIES			ELIMINATIONS			TOTAL
ASSETS
Cash and cash equivalents	$	22,376		$	112,071		$	10,084		$	-		$	144,531
Marketable securities and restricted cash	429,082			-			30,487			-			459,569
Consolidated inventory owned	878,008			663,784			-			-			1,541,792
Consolidated inventory not owned	17,384			-			16,131			-			33,515
Total housing inventories	895,392			663,784			16,131			-			1,575,307
Investment in subsidiaries	380,463			-			-			(380,463		)	-
Intercompany receivables	462,465			-			-			(462,465		)	-
Other assets	292,044			56,476			110,370			-			458,890
Assets of discontinued operations	-			31			-			-			31
TOTAL ASSETS	2,481,822			832,362			167,072			(842,928		)	2,638,328
LIABILITIES
Accounts payable and other accrued liabilities	247,215			95,276			44,682			-			387,173
Debt	1,397,892			-			-			-			1,397,892
Intercompany payables	-			393,115			69,350			(462,465		)	-
Liabilities of discontinued operations	135			417			-			-			552
TOTAL LIABILITIES	1,645,242			488,808			114,032			(462,465		)	1,785,617
EQUITY
STOCKHOLDERS’ EQUITY	836,580			343,554			36,909			(380,463		)	836,580
NONCONTROLLING INTEREST	-			-			16,131			-			16,131
TOTAL LIABILITIES AND EQUITY	$	2,481,822		$	832,362		$	167,072		$	(842,928	)	$	2,638,328
							DECEMBER 31, 2012
ASSETS
Cash and cash equivalents	$	32,130		$	117,838		$	8,119		$	-		$	158,087
Marketable securities and restricted cash	429,057			-			27,461			-			456,518
Consolidated inventory owned	643,619			394,309			-			-			1,037,928
Consolidated inventory not owned	17,666			-			21,824			-			39,490
Total housing inventories	661,285			394,309			21,824			-			1,077,418
Investment in subsidiaries	244,917			-			-			(244,917		)	-
Intercompany receivables	368,126			-			-			(368,126		)	-
Other assets	76,183			43,572			119,661			-			239,416
Assets of discontinued operations	187			2,293			-			-			2,480
TOTAL ASSETS	1,811,885			558,012			177,065			(613,043		)	1,933,919
LIABILITIES
Accounts payable and other accrued liabilities	172,906			68,929			30,320			-			272,155
Debt	1,134,468			-			-			-			1,134,468
Intercompany payables	-			275,163			92,963			(368,126		)	-
Liabilities of discontinued operations	575			961			-			-			1,536
TOTAL LIABILITIES	1,307,949			345,053			123,283			(368,126		)	1,408,159
EQUITY
STOCKHOLDERS’ EQUITY	503,936			212,959			31,958			(244,917		)	503,936
NONCONTROLLING INTEREST	-			-			21,824			-			21,824
TOTAL LIABILITIES AND EQUITY	$	1,811,885		$	558,012		$	177,065		$	(613,043	)	$	1,933,919
CONSOLIDATING STATEMENT OF CASH FLOWS
							NINE MONTHS ENDED SEPTEMBER 30, 2013
				GUARANTOR			NON-GUARANTOR			CONSOLIDATING			CONSOLIDATED
(in thousands)	TRG, INC.			SUBSIDIARIES			SUBSIDIARIES			ELIMINATIONS			TOTAL
CASH FLOWS FROM OPERATING ACTIVITIES
Net income from continuing operations	$	306,793		$	130,574		$	17,793		$	(148,367	)	$	306,793
Adjustments to reconcile net income from continuing operations to net cash (used for) provided by operating activities	(210,059		)	5,729			184			-			(204,146		)
Changes in assets and liabilities	(271,697		)	(218,064		)	11,203			148,367			(330,191		)
Other operating activities, net	(728		)	-			-			-			(728		)
Net cash (used for) provided by operating activities from continuing operations	(175,691		)	(81,761		)	29,180			-			(228,272		)
CASH FLOWS FROM INVESTING ACTIVITIES
Return of investment in (contributions to) unconsolidated joint ventures, net	128			(3,567		)	-			-			(3,439		)
Additions to property, plant and equipment	(6,558		)	(7,341		)	(576		)	-			(14,475		)
Purchases of marketable securities, available-for-sale	(612,930		)	-			(2,825		)	-			(615,755		)
Proceeds from sales and maturities of marketable securities, available-for-sale	629,773			-			4,499			-			634,272
Cash paid for business acquisitions	(19,880		)	(31,050		)	-			-			(50,930		)
Net cash (used for) provided by investing activities from continuing operations	(9,467		)	(41,958		)	1,098			-			(50,327		)
CASH FLOWS FROM FINANCING ACTIVITIES
Increase in debt	262,951			-			-			-			262,951
Common stock dividends and stock-based compensation	23,247			-			-			-			23,247
Increase in restricted cash	(16,455		)	-			(4,700		)	-			(21,155		)
Intercompany balances	(94,339		)	117,952			(23,613		)	-			-
Net cash provided by (used for) financing activities from continuing operations	175,404			117,952			(28,313		)	-			265,043
Net (decrease) increase in cash and cash equivalents from continuing operations	(9,754		)	(5,767		)	1,965			-			(13,556		)
Cash flows from operating activities–discontinued operations	-			(24		)	-			-			(24		)
Cash flows from investing activities–discontinued operations	-			24			-			-			24
Cash flows from financing activities–discontinued operations	-			-			-			-			-
Cash and cash equivalents at beginning of year	32,130			117,865			8,119			-			158,114
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	22,376		$	112,098		$	10,084		$	-		$	144,558
CONSOLIDATING STATEMENT OF CASH FLOWS
	NINE MONTHS ENDED SEPTEMBER 30, 2012
				GUARANTOR			NON-GUARANTOR			CONSOLIDATING			CONSOLIDATED
(in thousands)	TRG, INC.			SUBSIDIARIES			SUBSIDIARIES			ELIMINATIONS			TOTAL
CASH FLOWS FROM OPERATING ACTIVITIES
Net income from continuing operations	$	13,435		$	7,339		$	6,866		$	(14,205	)	$	13,435
Adjustments to reconcile net income from continuing operations to net cash (used for) provided by operating activities	23,043			5,998			320			-			29,361
Changes in assets and liabilities	(84,009		)	(7,872		)	457			14,205			(77,219		)
Other operating activities, net	(947		)	-			-			-			(947		)
Net cash (used for) provided by operating activities from continuing operations	(48,478		)	5,465			7,643			-			(35,370		)
CASH FLOWS FROM INVESTING ACTIVITIES
Return of investment in unconsolidated joint ventures, net	475			1,602			-			-			2,077
Additions to property, plant and equipment	(5,589		)	(3,272		)	(23		)	-			(8,884		)
Purchases of marketable securities, available-for-sale	(851,919		)	-			(3,307		)	-			(855,226		)
Proceeds from sales and maturities of marketable securities, available-for-sale	694,015			-			3,589			-			697,604
Cash paid for business acquisitions	(35,974		)	-			-			-			(35,974		)
Other investing activities, net	-			-			109			-			109
Net cash (used for) provided by investing activities from continuing operations	(198,992		)	(1,670		)	368			-			(200,294		)
CASH FLOWS FROM FINANCING ACTIVITIES
Increase (decrease) in debt	297,502			(1,188		)	(22		)	-			296,292
Increase in borrowings against revolving credit facilities, net	-			-			8,524			-			8,524
Common stock dividends and stock-based compensation	6,546			-			-			-			6,546
(Increase) decrease in restricted cash	(14,620		)	-			4,737			-			(9,883		)
Intercompany balances	(40,192		)	64,320			(24,128		)	-			-
Net cash provided by (used for) financing activities from continuing operations	249,236			63,132			(10,889		)	-			301,479
Net increase (decrease) in cash and cash equivalents from continuing operations	1,766			66,927			(2,878		)	-			65,815
Cash flows from operating activities–discontinued operations	(41		)	(15		)	-			-			(56		)
Cash flows from investing activities–discontinued operations	14			74			-			-			88
Cash flows from financing activities–discontinued operations	-			-			-			-			-
Cash and cash equivalents at beginning of year	25,597			117,101			16,638			-			159,336
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	27,336		$	184,087		$	13,760		$	-		$	225,183

Discontinued_Operations

Discontinued Operations	9 Months Ended
	Sep. 30, 2013
Discontinued Operations	'
Discontinued Operations	'
	Note 20.  Discontinued Operations
	During 2011, the Company discontinued homebuilding operations in its Jacksonville and Dallas divisions. The Company intends to sell its land from discontinued operations as part of a strategic plan designed to efficiently manage its invested capital. The results of operations and cash flows for Jacksonville and Dallas, which were historically reported in the Company’s Southeast and Texas segments, respectively, were classified as discontinued operations. Additionally, the assets and liabilities related to these discontinued operations were presented separately in “Assets of discontinued operations” and “Liabilities of discontinued operations” within the Consolidated Balance Sheets. During the second quarter of 2013, the Company acquired the operations and assets of LionsGate Homes in Dallas, Texas. Therefore, homebuilding operations in Dallas have been classified as continuing operations.
	For the three-month periods ended September 30, 2013 and 2012, net income from discontinued operations totaled $91,000 and $238,000, respectively. For the nine-month period ended September 30, 2013, net income from discontinued operations totaled $167,000, compared to a net loss from discontinued operations that totaled $1.6 million for the same period in 2012.

Transactions_with_Affiliates

Transactions with Affiliates	9 Months Ended
	Sep. 30, 2013
Transactions with Affiliates	'
Transactions with Affiliates	'
	Note 21.  Transactions with Affiliates
	The Company issued $1.5 million of promissory notes to affiliates of the Company’s Philadelphia division for the development and sale of land and lots. These notes will be repaid once each lot and home is sold, and no later than within three years. Additionally, the Company leases office space from an affiliate in its Philadelphia and Phoenix divisions at market terms.

Subsequent_Events

Subsequent Events	9 Months Ended
	Sep. 30, 2013
Subsequent Events	'
Subsequent Events	'
	Note 22.  Subsequent Events
	No events have occurred subsequent to September 30, 2013, that have required recognition or disclosure in the Company’s financial statements.

Segment_Information_Tables

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2013
Segment Information	'
Schedule of segment revenues and earnings (loss) before taxes	'
		THREE MONTHS ENDED							NINE MONTHS ENDED
		SEPTEMBER 30,							SEPTEMBER 30,
	(in thousands)	2013			2012				2013			2012
	REVENUES
	Homebuilding
	North	$	178,318		$	118,757			$	421,818		$	266,815
	Southeast	159,778			95,527				395,605			230,548
	Texas	119,993			87,998				297,543			229,871
	West	104,820			46,914				289,435			116,090
	Financial services	13,514			9,497				39,697			25,007
	Total	$	576,423		$	358,693			$	1,444,098		$	868,331
	EARNINGS (LOSS) BEFORE TAXES
	Homebuilding
	North	$	15,380		$	3,956			$	31,531		$	4,130
	Southeast	17,530			5,904				36,887			9,292
	Texas	9,928			7,239				23,772			15,548
	West	12,392			3,728				30,615			2,840
	Financial services	6,017			3,386				17,964			6,975
	Corporate and unallocated	(7,261		)	(13,783		)		(20,301		)	(25,137		)
	Total	$	53,986		$	10,430			$	120,468		$	13,648
Schedule of total assets	'
		30-Sep-13
	(in thousands)	HOUSING INVENTORIES			OTHER ASSETS			TOTAL ASSETS
	Homebuilding
	North	$	476,239		$	51,043		$	527,282
	Southeast	400,141			28,937			429,078
	Texas	288,243			34,911			323,154
	West	410,684			30,854			441,538
	Financial services	-			153,537			153,537
	Corporate and unallocated	-			763,708			763,708
	Total	$	1,575,307		$	1,062,990		$	2,638,297
	Homebuilding	31-Dec-12
	North	$	378,523		$	29,818		$	408,341
	Southeast	292,288			22,755			315,043
	Texas	174,153			22,244			196,397
	West	232,454			41,596			274,050
	Financial services	-			157,781			157,781
	Corporate and unallocated	-			579,827			579,827
	Total	$	1,077,418		$	854,021		$	1,931,439

Earnings_Per_Share_Reconciliat1

Earnings Per Share Reconciliation (Tables)	9 Months Ended
	Sep. 30, 2013
Earnings Per Share Reconciliation	'
Computation of basic and diluted earnings per share	'
		THREE MONTHS ENDED						NINE MONTHS ENDED
		SEPTEMBER 30,						SEPTEMBER 30,
	(in thousands, except share data)	2013			2012			2013			2012
	NUMERATOR
	Net income from continuing operations	$	53,558		$	10,407		$	306,793		$	13,435
	Net income (loss) from discontinued operations	91			238			167			(1,626		)
	Less: distributed earnings allocated to nonvested restricted stock	(3		)	(10		)	(10		)	(32		)
	Less: undistributed earnings allocated to nonvested restricted stock	(119		)	(69		)	(997		)	(73		)
	Numerator for basic income (loss) per share	53,527			10,566			305,953			11,704
	Plus: interest on 1.6 percent convertible senior notes due 2018	729			729			2,187			-
	Plus: interest on 0.25 percent convertible senior notes due 2019	297			-			407			-
	Plus: undistributed earnings allocated to nonvested restricted stock	119			69			997			73
	Less: undistributed earnings reallocated to nonvested restricted stock	(96		)	(59		)	(824		)	(74		)
	Numerator for diluted income (loss) per share	$	54,576		$	11,305		$	308,720		$	11,703
	DENOMINATOR
	Basic earnings per share—weighted-average shares	46,174,767			44,825,943			45,882,932			44,643,139
	Effect of dilutive securities:
	Share-based payments	914,480			616,047			995,257			336,769
	1.6 percent convertible senior notes due 2018	7,023,780			7,023,780			7,023,780			-
	0.25 percent convertible senior notes due 2019	3,565,962			-			1,756,567			-
	Diluted earnings per share—adjusted weighted-average shares and assumed conversions	57,678,989			52,465,770			55,658,536			44,979,908
	NET INCOME (LOSS) PER COMMON SHARE
	Basic
	Continuing operations	$	1.16		$	0.23		$	6.67		$	0.3
	Discontinued operations	0			0.01			0			(0.04		)
	Total	1.16			0.24			6.67			0.26
	Diluted
	Continuing operations	0.95			0.21			5.55			0.3
	Discontinued operations	0			0.01			0			(0.04		)
	Total	$	0.95		$	0.22		$	5.55		$	0.26

Marketable_Securities_Availabl1

Marketable Securities, Available-for-sale (Tables)	9 Months Ended
	Sep. 30, 2013
Marketable Securities, Available-for-sale	'
Fair value of the available-for-sale marketable securities, by type of security	'
		30-Sep-13
	(in thousands)	AMORTIZED COST			GROSS UNREALIZED GAINS			GROSS UNREALIZED LOSSES			ESTIMATED FAIR VALUE
	Type of security:
	U.S. Treasury securities	$	93,544		$	150		$	-		$	93,694
	Obligations of U.S. government agencies	20,212			16			(2		)	20,226
	Municipal debt securities	37,300			675			(946		)	37,029
	Corporate debt securities	164,827			81			(53		)	164,855
	Asset-backed securities	24,636			74			(25		)	24,685
	Total debt securities	340,519			996			(1,026		)	340,489
	Time deposits	1,804			-			-			1,804
	Short-term pooled investments	25,226			2			-			25,228
	Total marketable securities, available-for-sale	$	367,549		$	998		$	(1,026	)	$	367,521
		31-Dec-12
	Type of security:
	U.S. Treasury securities	$	3,098		$	1		$	-		$	3,099
	Obligations of U.S. government agencies	133,029			112			(31		)	133,110
	Municipal debt securities	21,745			896			(458		)	22,183
	Corporate debt securities	163,352			116			(75		)	163,393
	Asset-backed securities	27,325			153			(164		)	27,314
	Total debt securities	348,549			1,278			(728		)	349,099
	Short-term pooled investments	36,533			-			(7		)	36,526
	Total marketable securities, available-for-sale	$	385,082		$	1,278		$	(735	)	$	385,625
Fair value of the available-for-sale marketable securities, by contractual maturity	'
	(in thousands)	30-Sep-13				31-Dec-12
	Contractual maturity:
	Maturing in one year or less		$	130,674		$	66,546
	Maturing after one year through three years		184,022			257,595
	Maturing after three years		25,793			24,958
	Total debt securities		340,489			349,099
	Time deposits and short-term pooled investments		27,032			36,526
	Total marketable securities, available-for-sale		$	367,521		$	385,625

Housing_Inventories_Tables

Housing Inventories (Tables)	9 Months Ended
	Sep. 30, 2013
Housing Inventories	'
Summary of activity that relates to capitalized interest	'
	(in thousands)	2013			2012
	Capitalized interest at January 1	$	82,773		$	81,058
	Interest capitalized	42,303			30,865
	Interest amortized to cost of sales	(37,153		)	(27,767		)
	Capitalized interest at September 30	$	87,923		$	84,156
Summary of each reporting segment's total number of lots owned and lots controlled under option agreements	'
		30-Sep-13							31-Dec-12
		LOTS		LOTS				LOTS	LOTS
		OWNED		OPTIONED		TOTAL		OWNED	OPTIONED	TOTAL
	North	6,679		6,559		13,238		5,471	4,056	9,527
	Southeast	7,794		3,478		11,272		7,268	2,121	9,389
	Texas	3,686		3,649		7,335		2,438	2,667	5,105
	West	4,240		2,985		7,225		2,604	1,680	4,284
	Total	22,399		16,671		39,070		17,781	10,524	28,305

Investments_in_Joint_Ventures_

Investments in Joint Ventures (Tables)	9 Months Ended
	Sep. 30, 2013
Investments in Joint Ventures	'
Schedule of each reporting segment's total estimated share of lots owned by the entity under its joint ventures	'
		30-Sep-13	31-Dec-12
	North	150	145
	Texas	252	-
	West	226	172
	Total	628	317

Debt_and_Credit_Facilities_Tab

Debt and Credit Facilities (Tables)	9 Months Ended
	Sep. 30, 2013
Debt and Credit Facilities	'
Schedule of long-term and short-term debt and credit facilities	'
	(in thousands)	30-Sep-13			31-Dec-12
	Senior notes
	5.4 percent senior notes due January 2015	$	126,481		$	126,481
	8.4 percent senior notes due May 2017	230,000			230,000
	6.6 percent senior notes due May 2020	300,000			300,000
	5.4 percent senior notes due October 2022	250,000			250,000
	Convertible senior notes
	1.6 percent convertible senior notes due May 2018	225,000			225,000
	0.25 percent convertible senior notes due June 2019	267,500			-
	Total senior notes and convertible senior notes	1,398,981			1,131,481
	Debt discount	(2,527		)	(3,000		)
	Senior notes and convertible senior notes, net	1,396,454			1,128,481
	Secured notes payable	1,438			5,987
	Total debt	$	1,397,892		$	1,134,468

Fair_Values_of_Financial_and_N1

Fair Values of Financial and Nonfinancial Instruments (Tables)	9 Months Ended
	Sep. 30, 2013
Fair Values of Financial and Nonfinancial Instruments	'
Fair value measurement methods and values for financial instruments measured on a recurring basis	'
						FAIR VALUE
	(in thousands)	HIERARCHY	30-Sep-13			31-Dec-12
	Marketable securities, available-for-sale
	U.S. Treasury securities	Level 1	$	93,694		$	3,099
	Obligations of U.S. government agencies	Level 1	20,226			133,110
	Municipal debt securities	Level 2	37,029			22,183
	Corporate debt securities	Level 2	164,855			163,393
	Asset-backed securities	Level 2	24,685			27,314
	Time deposits	Level 2	1,804			-
	Short-term pooled investments	Level 1	25,228			36,526
	Mortgage loans held-for-sale	Level 2	86,463			107,950
	Mortgage interest rate lock commitments	Level 2	9,770			4,737
	Forward-delivery contracts	Level 2	(6,878		)	(369		)

StockBased_Compensation_Tables

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2013
Stock-Based Compensation	'
Summary of stock option activity	'
							WEIGHTED-
					WEIGHTED-		AVERAGE	AGGREGATE
					AVERAGE		REMAINING	INTRINSIC
					EXERCISE		CONTRACTUAL	VALUE
		SHARES			PRICE		LIFE (in years)	(in thousands)
	Options outstanding at January 1, 2012	3,948,874			$	28.91	2.4
	Granted	756,000			18.55
	Exercised	(380,813	)		18.3
	Forfeited	(699,498	)		35.33
	Options outstanding at September 30, 2012	3,624,563			$	26.62	3	$	28,297
	Available for future grant	3,071,288
	Total shares reserved at September 30, 2012	6,695,851
	Options exercisable at September 30, 2012	2,172,926			$	32.01	1.8	$	11,667
	Options outstanding at January 1, 2013	3,419,423			$	26.92	2.9
	Granted	-			-
	Exercised	(815,394	)		25.07
	Forfeited	(60,289	)		21.24
	Options outstanding at September 30, 2013	2,543,740			$	27.65	2.5	$	40,113
	Available for future grant	3,132,053
	Total shares reserved at September 30, 2013	5,675,793
	Options exercisable at September 30, 2013	1,839,432			$	31.38	1.7	$	24,172
Summary of activity that relates to the Company's restricted stock unit awards	'
		2013		2012
	Restricted stock units at January 1	774,217		657,825
	Shares awarded	143,594		400,568
	Shares vested	(354,369	)	(350,349	)
	Shares forfeited	(21,534	)	(6,667	)
	Restricted stock units at September 30	541,908		701,377

Commitments_and_Contingencies_

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2013
Commitments and Contingencies	'
Summary of composition of mortgage loans originated, by loan type; credit score; and loan-to-value ratio	'
		NINE		TWELVE MONTHS ENDED DECEMBER 31,
		MONTHS ENDED
		SEPTEMBER 30,
		2013		2012		2011		2010		2009		2008
	Prime	54.5	%	48.6	%	42.2	%	34.9	%	32.9	%	51.8	%
	Government (FHA/VA/USDA)	45.5		51.4		57.8		65.1		67.1		48.2
	Total	100	%	100	%	100	%	100	%	100	%	100	%
	Average FICO credit score	731		731		726		723		717		711
	Average combined loan-to-value ratio	90.3	%	90.1	%	90.3	%	90.8	%	91.4	%	90.1	%
Changes in mortgage loan loss reserves and related legal reserves	'
	(in thousands)	2013			2012
	Balance at January 1	$	10,484		$	10,141
	Provision for losses	1,072			300
	Settlements made	(592		)	(345		)
	Balance at September 30	$	10,964		$	10,096
Changes in product liability reserves	'
	(in thousands)	2013			2012
	Balance at January 1	$	18,188		$	20,648
	Warranties issued	5,651			2,389
	Changes in liability for accruals related to pre-existing warranties	739			1,669
	Settlements made	(4,419		)	(6,393		)
	Balance at September 30	$	20,159		$	18,313
Changes in RHIC's insurance reserves	'
	(in thousands)	2013			2012
	Balance at January 1	$	14,813		$	18,209
	Loss expenses paid	(1,380		)	(1,510		)
	Balance at September 30	$	13,433		$	16,699

Supplemental_Guarantor_Informa1

Supplemental Guarantor Information (Tables)	9 Months Ended
	Sep. 30, 2013
Supplemental Guarantor Information	'
CONSOLIDATING STATEMENTS OF EARNINGS	'
	CONSOLIDATING STATEMENTS OF EARNINGS
							THREE MONTHS ENDED SEPTEMBER 30, 2013
								NON-
					GUARANTOR			GUARANTOR			CONSOLIDATING			CONSOLIDATED
	(in thousands)	TRG, INC.			SUBSIDIARIES			SUBSIDIARIES			ELIMINATIONS			TOTAL
	REVENUES	$	323,969		$	249,258		$	13,514		$	(10,318	)	$	576,423
	EXPENSES	297,453			227,953			7,497			(10,318		)	522,585
	OTHER INCOME	148			-			-			-			148
	Income from continuing operations before taxes	26,664			21,305			6,017			-			53,986
	Tax (benefit) expense	(1,047		)	1,433			42			-			428
	Equity in net earnings of subsidiaries	25,847			-			-			(25,847		)	-
	Net income from continuing operations	53,558			19,872			5,975			(25,847		)	53,558
	Income (loss) from discontinued operations, net of taxes	91			(21		)	-			21			91
	NET INCOME	$	53,649		$	19,851		$	5,975		$	(25,826	)	$	53,649
								NINE MONTHS ENDED SEPTEMBER 30, 2013
	REVENUES	$	795,603		$	638,081		$	39,697		$	(29,283	)	$	1,444,098
	EXPENSES	740,825			591,769			21,733			(29,283		)	1,325,044
	OTHER INCOME	1,414			-			-			-			1,414
	Income from continuing operations before taxes	56,192			46,312			17,964			-			120,468
	Tax (benefit) expense	(102,234		)	(84,262		)	171			-			(186,325		)
	Equity in net earnings of subsidiaries	148,367			-			-			(148,367		)	-
	Net income from continuing operations	306,793			130,574			17,793			(148,367		)	306,793
	Income from discontinued operations, net of taxes	167			20			-			(20		)	167
	NET INCOME	$	306,960		$	130,594		$	17,793		$	(148,387	)	$	306,960
	CONSOLIDATING STATEMENTS OF EARNINGS
					THREE MONTHS ENDED SEPTEMBER 30, 2012
								NON-
					GUARANTOR			GUARANTOR			CONSOLIDATING			CONSOLIDATED
	(in thousands)	TRG, INC.			SUBSIDIARIES			SUBSIDIARIES			ELIMINATIONS			TOTAL
	REVENUES	$	194,984		$	154,212		$	9,497		$	-		$	358,693
	EXPENSES	188,576			144,902			6,111			-			339,589
	OTHER LOSS	(8,674		)	-			-			-			(8,674		)
	(Loss) income from continuing operations before taxes	(2,266		)	9,310			3,386			-			10,430
	Tax (benefit) expense	(100		)	226			(103		)	-			23
	Equity in net earnings of subsidiaries	12,573			-			-			(12,573		)	-
	Net income from continuing operations	10,407			9,084			3,489			(12,573		)	10,407
	Income from discontinued operations, net of taxes	238			186			-			(186		)	238
	NET INCOME	$	10,645		$	9,270		$	3,489		$	(12,759	)	$	10,645
					NINE MONTHS ENDED SEPTEMBER 30, 2012
	REVENUES	$	462,195		$	381,129		$	25,007		$	-		$	868,331
	EXPENSES	455,268			373,674			18,032			-			846,974
	OTHER LOSS	(7,709		)	-			-			-			(7,709		)
	(Loss) income from continuing operations before taxes	(782		)	7,455			6,975			-			13,648
	Tax (benefit) expense	(12		)	116			109			-			213
	Equity in net earnings of subsidiaries	14,205			-			-			(14,205		)	-
	Net income from continuing operations	13,435			7,339			6,866			(14,205		)	13,435
	Loss from discontinued operations, net of taxes	(1,626		)	(655		)	-			655			(1,626		)
	NET INCOME	$	11,809		$	6,684		$	6,866		$	(13,550	)	$	11,809
CONSOLIDATING STATEMENTS OF OTHER COMPREHENSIVE INCOME	'
	CONSOLIDATING STATEMENTS OF OTHER COMPREHENSIVE INCOME
					THREE MONTHS ENDED SEPTEMBER 30, 2013
								NON-
					GUARANTOR			GUARANTOR			CONSOLIDATING			CONSOLIDATED
	(in thousands)	TRG, INC.			SUBSIDIARIES			SUBSIDIARIES			ELIMINATIONS			TOTAL
	Net income	$	53,649		$	19,851		$	5,975		$	(25,826	)	$	53,649
	Other comprehensive income before tax:
	Unrealized gain on marketable securities, available-for-sale:
	Unrealized gain	433			-			-			-			433
	Less: reclassification adjustments for losses included in net income	253			-			-			-			253
	Other comprehensive income before tax	686			-			-			-			686
	Income tax benefit related to items of other comprehensive income	-			-			-			-			-
	Other comprehensive income, net of tax	686			-			-			-			686
	Comprehensive income	$	54,335		$	19,851		$	5,975		$	(25,826	)	$	54,335
					NINE MONTHS ENDED SEPTEMBER 30, 2013
	Net income	$	306,960		$	130,594		$	17,793		$	(148,387	)	$	306,960
	Other comprehensive loss before tax:
	Unrealized loss on marketable securities, available-for-sale:
	Unrealized loss	(201		)	-			-			-			(201		)
	Less: reclassification adjustments for gains included in net income	(88		)	-			-			-			(88		)
	Other comprehensive loss before tax	(289		)	-			-			-			(289		)
	Income tax benefit related to items of other comprehensive loss	-			-			-			-			-
	Other comprehensive loss, net of tax	(289		)	-			-			-			(289		)
	Comprehensive income	$	306,671		$	130,594		$	17,793		$	(148,387	)	$	306,671
	CONSOLIDATING STATEMENTS OF OTHER COMPREHENSIVE INCOME
					THREE MONTHS ENDED SEPTEMBER 30, 2012
								NON-
					GUARANTOR			GUARANTOR			CONSOLIDATING			CONSOLIDATED
	(in thousands)	TRG, INC.			SUBSIDIARIES			SUBSIDIARIES			ELIMINATIONS			TOTAL
	Net income	$	10,645		$	9,270		$	3,489		$	(12,759	)	$	10,645
	Other comprehensive loss before tax:
	Reduction of unrealized gain related to cash flow hedging instruments	(1,106		)	-			-			-			(1,106		)
	Unrealized gain on marketable securities, available-for-sale:
	Unrealized gain	225			-			-			-			225
	Less: reclassification adjustments for gains included in net income	(9		)	-			-			-			(9		)
	Total unrealized gain on marketable securities, available-for-sale	216			-			-			-			216
	Other comprehensive loss before tax	(890		)	-			-			-			(890		)
	Income tax benefit related to items of other comprehensive loss	423			-			-			-			423
	Other comprehensive loss, net of tax	(467		)	-			-			-			(467		)
	Comprehensive income	$	10,178		$	9,270		$	3,489		$	(12,759	)	$	10,178
					NINE MONTHS ENDED SEPTEMBER 30, 2012
	Net income	$	11,809		$	6,684		$	6,866		$	(13,550	)	$	11,809
	Other comprehensive loss before tax:
	Reduction of unrealized gain related to cash flow hedging instruments	(1,709		)	-			-			-			(1,709		)
	Unrealized gain on marketable securities, available-for-sale:
	Unrealized gain	1,158			-			-			-			1,158
	Less: reclassification adjustments for gains included in net income	(22		)	-			-			-			(22		)
	Total unrealized gain on marketable securities, available-for-sale	1,136			-			-			-			1,136
	Other comprehensive loss before tax	(573		)	-			-			-			(573		)
	Income tax benefit related to items of other comprehensive income	653			-			-			-			653
	Other comprehensive income, net of tax	80			-			-			-			80
	Comprehensive income	$	11,889		$	6,684		$	6,866		$	(13,550	)	$	11,889
CONSOLIDATING BALANCE SHEETS	'
	CONSOLIDATING BALANCE SHEETS
					SEPTEMBER 30, 2013
								NON-
					GUARANTOR			GUARANTOR			CONSOLIDATING			CONSOLIDATED
	(in thousands)	TRG, INC.			SUBSIDIARIES			SUBSIDIARIES			ELIMINATIONS			TOTAL
	ASSETS
	Cash and cash equivalents	$	22,376		$	112,071		$	10,084		$	-		$	144,531
	Marketable securities and restricted cash	429,082			-			30,487			-			459,569
	Consolidated inventory owned	878,008			663,784			-			-			1,541,792
	Consolidated inventory not owned	17,384			-			16,131			-			33,515
	Total housing inventories	895,392			663,784			16,131			-			1,575,307
	Investment in subsidiaries	380,463			-			-			(380,463		)	-
	Intercompany receivables	462,465			-			-			(462,465		)	-
	Other assets	292,044			56,476			110,370			-			458,890
	Assets of discontinued operations	-			31			-			-			31
	TOTAL ASSETS	2,481,822			832,362			167,072			(842,928		)	2,638,328
	LIABILITIES
	Accounts payable and other accrued liabilities	247,215			95,276			44,682			-			387,173
	Debt	1,397,892			-			-			-			1,397,892
	Intercompany payables	-			393,115			69,350			(462,465		)	-
	Liabilities of discontinued operations	135			417			-			-			552
	TOTAL LIABILITIES	1,645,242			488,808			114,032			(462,465		)	1,785,617
	EQUITY
	STOCKHOLDERS’ EQUITY	836,580			343,554			36,909			(380,463		)	836,580
	NONCONTROLLING INTEREST	-			-			16,131			-			16,131
	TOTAL LIABILITIES AND EQUITY	$	2,481,822		$	832,362		$	167,072		$	(842,928	)	$	2,638,328
								DECEMBER 31, 2012
	ASSETS
	Cash and cash equivalents	$	32,130		$	117,838		$	8,119		$	-		$	158,087
	Marketable securities and restricted cash	429,057			-			27,461			-			456,518
	Consolidated inventory owned	643,619			394,309			-			-			1,037,928
	Consolidated inventory not owned	17,666			-			21,824			-			39,490
	Total housing inventories	661,285			394,309			21,824			-			1,077,418
	Investment in subsidiaries	244,917			-			-			(244,917		)	-
	Intercompany receivables	368,126			-			-			(368,126		)	-
	Other assets	76,183			43,572			119,661			-			239,416
	Assets of discontinued operations	187			2,293			-			-			2,480
	TOTAL ASSETS	1,811,885			558,012			177,065			(613,043		)	1,933,919
	LIABILITIES
	Accounts payable and other accrued liabilities	172,906			68,929			30,320			-			272,155
	Debt	1,134,468			-			-			-			1,134,468
	Intercompany payables	-			275,163			92,963			(368,126		)	-
	Liabilities of discontinued operations	575			961			-			-			1,536
	TOTAL LIABILITIES	1,307,949			345,053			123,283			(368,126		)	1,408,159
	EQUITY
	STOCKHOLDERS’ EQUITY	503,936			212,959			31,958			(244,917		)	503,936
	NONCONTROLLING INTEREST	-			-			21,824			-			21,824
	TOTAL LIABILITIES AND EQUITY	$	1,811,885		$	558,012		$	177,065		$	(613,043	)	$	1,933,919
CONSOLIDATING STATEMENTS OF CASH FLOWS	'
	CONSOLIDATING STATEMENT OF CASH FLOWS
								NINE MONTHS ENDED SEPTEMBER 30, 2013
					GUARANTOR			NON-GUARANTOR			CONSOLIDATING			CONSOLIDATED
	(in thousands)	TRG, INC.			SUBSIDIARIES			SUBSIDIARIES			ELIMINATIONS			TOTAL
	CASH FLOWS FROM OPERATING ACTIVITIES
	Net income from continuing operations	$	306,793		$	130,574		$	17,793		$	(148,367	)	$	306,793
	Adjustments to reconcile net income from continuing operations to net cash (used for) provided by operating activities	(210,059		)	5,729			184			-			(204,146		)
	Changes in assets and liabilities	(271,697		)	(218,064		)	11,203			148,367			(330,191		)
	Other operating activities, net	(728		)	-			-			-			(728		)
	Net cash (used for) provided by operating activities from continuing operations	(175,691		)	(81,761		)	29,180			-			(228,272		)
	CASH FLOWS FROM INVESTING ACTIVITIES
	Return of investment in (contributions to) unconsolidated joint ventures, net	128			(3,567		)	-			-			(3,439		)
	Additions to property, plant and equipment	(6,558		)	(7,341		)	(576		)	-			(14,475		)
	Purchases of marketable securities, available-for-sale	(612,930		)	-			(2,825		)	-			(615,755		)
	Proceeds from sales and maturities of marketable securities, available-for-sale	629,773			-			4,499			-			634,272
	Cash paid for business acquisitions	(19,880		)	(31,050		)	-			-			(50,930		)
	Net cash (used for) provided by investing activities from continuing operations	(9,467		)	(41,958		)	1,098			-			(50,327		)
	CASH FLOWS FROM FINANCING ACTIVITIES
	Increase in debt	262,951			-			-			-			262,951
	Common stock dividends and stock-based compensation	23,247			-			-			-			23,247
	Increase in restricted cash	(16,455		)	-			(4,700		)	-			(21,155		)
	Intercompany balances	(94,339		)	117,952			(23,613		)	-			-
	Net cash provided by (used for) financing activities from continuing operations	175,404			117,952			(28,313		)	-			265,043
	Net (decrease) increase in cash and cash equivalents from continuing operations	(9,754		)	(5,767		)	1,965			-			(13,556		)
	Cash flows from operating activities–discontinued operations	-			(24		)	-			-			(24		)
	Cash flows from investing activities–discontinued operations	-			24			-			-			24
	Cash flows from financing activities–discontinued operations	-			-			-			-			-
	Cash and cash equivalents at beginning of year	32,130			117,865			8,119			-			158,114
	CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	22,376		$	112,098		$	10,084		$	-		$	144,558
	CONSOLIDATING STATEMENT OF CASH FLOWS
		NINE MONTHS ENDED SEPTEMBER 30, 2012
					GUARANTOR			NON-GUARANTOR			CONSOLIDATING			CONSOLIDATED
	(in thousands)	TRG, INC.			SUBSIDIARIES			SUBSIDIARIES			ELIMINATIONS			TOTAL
	CASH FLOWS FROM OPERATING ACTIVITIES
	Net income from continuing operations	$	13,435		$	7,339		$	6,866		$	(14,205	)	$	13,435
	Adjustments to reconcile net income from continuing operations to net cash (used for) provided by operating activities	23,043			5,998			320			-			29,361
	Changes in assets and liabilities	(84,009		)	(7,872		)	457			14,205			(77,219		)
	Other operating activities, net	(947		)	-			-			-			(947		)
	Net cash (used for) provided by operating activities from continuing operations	(48,478		)	5,465			7,643			-			(35,370		)
	CASH FLOWS FROM INVESTING ACTIVITIES
	Return of investment in unconsolidated joint ventures, net	475			1,602			-			-			2,077
	Additions to property, plant and equipment	(5,589		)	(3,272		)	(23		)	-			(8,884		)
	Purchases of marketable securities, available-for-sale	(851,919		)	-			(3,307		)	-			(855,226		)
	Proceeds from sales and maturities of marketable securities, available-for-sale	694,015			-			3,589			-			697,604
	Cash paid for business acquisitions	(35,974		)	-			-			-			(35,974		)
	Other investing activities, net	-			-			109			-			109
	Net cash (used for) provided by investing activities from continuing operations	(198,992		)	(1,670		)	368			-			(200,294		)
	CASH FLOWS FROM FINANCING ACTIVITIES
	Increase (decrease) in debt	297,502			(1,188		)	(22		)	-			296,292
	Increase in borrowings against revolving credit facilities, net	-			-			8,524			-			8,524
	Common stock dividends and stock-based compensation	6,546			-			-			-			6,546
	(Increase) decrease in restricted cash	(14,620		)	-			4,737			-			(9,883		)
	Intercompany balances	(40,192		)	64,320			(24,128		)	-			-
	Net cash provided by (used for) financing activities from continuing operations	249,236			63,132			(10,889		)	-			301,479
	Net increase (decrease) in cash and cash equivalents from continuing operations	1,766			66,927			(2,878		)	-			65,815
	Cash flows from operating activities–discontinued operations	(41		)	(15		)	-			-			(56		)
	Cash flows from investing activities–discontinued operations	14			74			-			-			88
	Cash flows from financing activities–discontinued operations	-			-			-			-			-
	Cash and cash equivalents at beginning of year	25,597			117,101			16,638			-			159,336
	CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	27,336		$	184,087		$	13,760		$	-		$	225,183

Consolidated_Financial_Stateme1

Consolidated Financial Statements (Details)	9 Months Ended
	Sep. 30, 2013
Consolidated Financial Statements	'
Ownership interest in subsidiaries (as a percent)	100.00%

Comprehensive_Income_Details

Comprehensive Income (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
Comprehensive Income	'	'	'	'
Comprehensive income	$54,335	$10,178	$306,671	$11,889

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive (Loss) Income (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Accumulated Other Comprehensive (Loss) Income	'	'	'	'
Realized gains or losses on sale of securities	$148,000	$472,000	$1,414,000	$1,437,000
Marketable securities | Reclassification adjustment	'	'	'	'
Accumulated Other Comprehensive (Loss) Income	'	'	'	'
Realized gains or losses on sale of securities	($253,000)	'	$88,000	'

Cash_Cash_Equivalents_and_Rest1

Cash, Cash Equivalents and Restricted Cash (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Cash, Cash Equivalents and Restricted Cash	'	'
Cash and cash equivalents	$144,531,000	$158,087,000
Restricted cash deposits kept as collateral for outstanding letters of credit	86,700,000	70,300,000
Restricted cash	'	'
Restricted cash	92,048,000	70,893,000
RMC	'	'
Restricted cash	'	'
Restricted cash	$5,300,000	$627,000

Segment_Information_Details

Segment Information (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
	State		Segment
			State
Segment Information	'	'	'	'	'
Number of states in which the entity operates	17	'	17	'	'
Number of reportable segments	'	'	6	'	'
Number of geographic segments	'	'	4	'	'
REVENUES	'	'	'	'	'
Total	$576,423	$358,693	$1,444,098	$868,331	'
EARNINGS (LOSS) BEFORE TAXES	'	'	'	'	'
Total	53,986	10,430	120,468	13,648	'
Total assets	'	'	'	'	'
HOUSING INVENTORIES	1,575,307	'	1,575,307	'	1,077,418
OTHER ASSETS	1,062,990	'	1,062,990	'	854,021
TOTAL ASSETS	2,638,297	'	2,638,297	'	1,931,439
Assets associated with discontinued operations	31	'	31	'	2,480
Homebuilding | North	'	'	'	'	'
REVENUES	'	'	'	'	'
Total	178,318	118,757	421,818	266,815	'
EARNINGS (LOSS) BEFORE TAXES	'	'	'	'	'
Total	15,380	3,956	31,531	4,130	'
Total assets	'	'	'	'	'
HOUSING INVENTORIES	476,239	'	476,239	'	378,523
OTHER ASSETS	51,043	'	51,043	'	29,818
TOTAL ASSETS	527,282	'	527,282	'	408,341
Homebuilding | Southeast	'	'	'	'	'
REVENUES	'	'	'	'	'
Total	159,778	95,527	395,605	230,548	'
EARNINGS (LOSS) BEFORE TAXES	'	'	'	'	'
Total	17,530	5,904	36,887	9,292	'
Total assets	'	'	'	'	'
HOUSING INVENTORIES	400,141	'	400,141	'	292,288
OTHER ASSETS	28,937	'	28,937	'	22,755
TOTAL ASSETS	429,078	'	429,078	'	315,043
Homebuilding | Texas	'	'	'	'	'
REVENUES	'	'	'	'	'
Total	119,993	87,998	297,543	229,871	'
EARNINGS (LOSS) BEFORE TAXES	'	'	'	'	'
Total	9,928	7,239	23,772	15,548	'
Total assets	'	'	'	'	'
HOUSING INVENTORIES	288,243	'	288,243	'	174,153
OTHER ASSETS	34,911	'	34,911	'	22,244
TOTAL ASSETS	323,154	'	323,154	'	196,397
Homebuilding | West	'	'	'	'	'
REVENUES	'	'	'	'	'
Total	104,820	46,914	289,435	116,090	'
EARNINGS (LOSS) BEFORE TAXES	'	'	'	'	'
Total	12,392	3,728	30,615	2,840	'
Total assets	'	'	'	'	'
HOUSING INVENTORIES	410,684	'	410,684	'	232,454
OTHER ASSETS	30,854	'	30,854	'	41,596
TOTAL ASSETS	441,538	'	441,538	'	274,050
Financial Services	'	'	'	'	'
REVENUES	'	'	'	'	'
Total	13,514	9,497	39,697	25,007	'
EARNINGS (LOSS) BEFORE TAXES	'	'	'	'	'
Total	6,017	3,386	17,964	6,975	'
Total assets	'	'	'	'	'
OTHER ASSETS	153,537	'	153,537	'	157,781
TOTAL ASSETS	153,537	'	153,537	'	157,781
Corporate and unallocated	'	'	'	'	'
EARNINGS (LOSS) BEFORE TAXES	'	'	'	'	'
Total	-7,261	-13,783	-20,301	-25,137	'
Total assets	'	'	'	'	'
OTHER ASSETS	763,708	'	763,708	'	579,827
TOTAL ASSETS	$763,708	'	$763,708	'	$579,827

Earnings_Per_Share_Reconciliat2

Earnings Per Share Reconciliation (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Jun. 30, 2013	Dec. 31, 2012
NUMERATOR	'	'	'	'	'	'
Net income from continuing operations	$53,558	$10,407	$306,793	$13,435	'	'
Net income (loss) from discontinued operations	91	238	167	-1,626	'	'
Less: distributed earnings allocated to nonvested restricted stock	-3	-10	-10	-32	'	'
Less: undistributed earnings allocated to nonvested restricted stock	-119	-69	-997	-73	'	'
Numerator for basic income (loss) per share	53,527	10,566	305,953	11,704	'	'
Plus: undistributed earnings allocated to nonvested restricted stock	119	69	997	73	'	'
Less: undistributed earnings reallocated to nonvested restricted stock	-96	-59	-824	-74	'	'
Numerator for diluted income (loss) per share	54,576	11,305	308,720	11,703	'	'
DENOMINATOR	'	'	'	'	'	'
Basic earnings per share-weighted-average shares	46,174,767	44,825,943	45,882,932	44,643,139	'	'
Effect of dilutive securities:	'	'	'	'	'	'
Share-based payments (in shares)	914,480	616,047	995,257	336,769	'	'
Diluted earnings per share-adjusted weighted-average shares and assumed conversions	57,678,989	52,465,770	55,658,536	44,979,908	'	'
Basic	'	'	'	'	'	'
Continuing operations (in dollars per share)	$1.16	$0.23	$6.67	$0.30	'	'
Discontinued operations (in dollars per share)	$0	$0.01	$0	($0.04)	'	'
Total (in dollars per share)	$1.16	$0.24	$6.67	$0.26	'	'
Diluted	'	'	'	'	'	'
Continuing operations (in dollars per share)	$0.95	$0.21	$5.55	$0.30	'	'
Discontinued operations (in dollars per share)	$0	$0.01	$0	($0.04)	'	'
Total (in dollars per share)	$0.95	$0.22	$5.55	$0.26	'	'
1.6 percent convertible senior notes due 2018	'	'	'	'	'	'
NUMERATOR	'	'	'	'	'	'
Plus: interest on convertible senior notes	729	729	2,187	0	'	'
Effect of dilutive securities:	'	'	'	'	'	'
Convertible senior notes (in shares)	7,023,780	7,023,780	7,023,780	0	'	'
Diluted	'	'	'	'	'	'
Interest rate stated percentage	1.60%	'	1.60%	'	'	'
0.25 percent convertible senior notes due 2019	'	'	'	'	'	'
NUMERATOR	'	'	'	'	'	'
Plus: interest on convertible senior notes	$297	$0	$407	$0	'	'
Effect of dilutive securities:	'	'	'	'	'	'
Convertible senior notes (in shares)	3,565,962	0	1,756,567	0	'	'
Diluted	'	'	'	'	'	'
Interest rate stated percentage	0.25%	'	0.25%	'	0.25%	0.25%

Marketable_Securities_Availabl2

Marketable Securities, Available-for-sale (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Marketable Securities, Available-for-sale	'	'	'	'	'
Gain from marketable securities, net	$148,000	$472,000	$1,414,000	$1,437,000	'
Schedule of fair values of available-for-sale marketable securities	'	'	'	'	'
AMORTIZED COST	367,549,000	'	367,549,000	'	385,082,000
GROSS UNREALIZED GAINS	998,000	'	998,000	'	1,278,000
GROSS UNREALIZED LOSSES	-1,026,000	'	-1,026,000	'	-735,000
ESTIMATED FAIR VALUE	367,521,000	'	367,521,000	'	385,625,000
Total debt securities	'	'	'	'	'
Schedule of fair values of available-for-sale marketable securities	'	'	'	'	'
AMORTIZED COST	340,519,000	'	340,519,000	'	348,549,000
GROSS UNREALIZED GAINS	996,000	'	996,000	'	1,278,000
GROSS UNREALIZED LOSSES	-1,026,000	'	-1,026,000	'	-728,000
ESTIMATED FAIR VALUE	340,489,000	'	340,489,000	'	349,099,000
U.S. Treasury securities	'	'	'	'	'
Schedule of fair values of available-for-sale marketable securities	'	'	'	'	'
AMORTIZED COST	93,544,000	'	93,544,000	'	3,098,000
GROSS UNREALIZED GAINS	150,000	'	150,000	'	1,000
GROSS UNREALIZED LOSSES	0	'	0	'	0
ESTIMATED FAIR VALUE	93,694,000	'	93,694,000	'	3,099,000
Obligations of U.S. government agencies	'	'	'	'	'
Schedule of fair values of available-for-sale marketable securities	'	'	'	'	'
AMORTIZED COST	20,212,000	'	20,212,000	'	133,029,000
GROSS UNREALIZED GAINS	16,000	'	16,000	'	112,000
GROSS UNREALIZED LOSSES	-2,000	'	-2,000	'	-31,000
ESTIMATED FAIR VALUE	20,226,000	'	20,226,000	'	133,110,000
Municipal debt securities	'	'	'	'	'
Schedule of fair values of available-for-sale marketable securities	'	'	'	'	'
AMORTIZED COST	37,300,000	'	37,300,000	'	21,745,000
GROSS UNREALIZED GAINS	675,000	'	675,000	'	896,000
GROSS UNREALIZED LOSSES	-946,000	'	-946,000	'	-458,000
ESTIMATED FAIR VALUE	37,029,000	'	37,029,000	'	22,183,000
Corporate debt securities	'	'	'	'	'
Schedule of fair values of available-for-sale marketable securities	'	'	'	'	'
AMORTIZED COST	164,827,000	'	164,827,000	'	163,352,000
GROSS UNREALIZED GAINS	81,000	'	81,000	'	116,000
GROSS UNREALIZED LOSSES	-53,000	'	-53,000	'	-75,000
ESTIMATED FAIR VALUE	164,855,000	'	164,855,000	'	163,393,000
Asset-backed securities	'	'	'	'	'
Schedule of fair values of available-for-sale marketable securities	'	'	'	'	'
AMORTIZED COST	24,636,000	'	24,636,000	'	27,325,000
GROSS UNREALIZED GAINS	74,000	'	74,000	'	153,000
GROSS UNREALIZED LOSSES	-25,000	'	-25,000	'	-164,000
ESTIMATED FAIR VALUE	24,685,000	'	24,685,000	'	27,314,000
Time deposits	'	'	'	'	'
Schedule of fair values of available-for-sale marketable securities	'	'	'	'	'
AMORTIZED COST	1,804,000	'	1,804,000	'	'
GROSS UNREALIZED GAINS	0	'	0	'	'
GROSS UNREALIZED LOSSES	0	'	0	'	'
ESTIMATED FAIR VALUE	1,804,000	'	1,804,000	'	0
Short-term pooled investments	'	'	'	'	'
Schedule of fair values of available-for-sale marketable securities	'	'	'	'	'
AMORTIZED COST	25,226,000	'	25,226,000	'	36,533,000
GROSS UNREALIZED GAINS	2,000	'	2,000	'	0
GROSS UNREALIZED LOSSES	0	'	0	'	-7,000
ESTIMATED FAIR VALUE	$25,228,000	'	$25,228,000	'	$36,526,000

Marketable_Securities_Availabl3

Marketable Securities, Available-for-sale (Details 2) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Contractual maturity:	'	'
ESTIMATED FAIR VALUE	$367,521	$385,625
Total debt securities	'	'
Contractual maturity:	'	'
Maturing in one year or less	130,674	66,546
Maturing after one year through three years	184,022	257,595
Maturing after three years	25,793	24,958
ESTIMATED FAIR VALUE	340,489	349,099
Time deposits and short-term pooled investments	'	'
Contractual maturity:	'	'
ESTIMATED FAIR VALUE	$27,032	$36,526

Housing_Inventories_Details

Housing Inventories (Details) (USD $)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Housing Inventories	'	'	'
Valuation reserves related to impaired inventories	$167,500,000	'	$207,800,000
Carrying value of impaired inventories	171,100,000	'	182,200,000
Summary of activity related to capitalized interest	'	'	'
Capitalized interest, balance at the beginning of the period	82,773,000	81,058,000	'
Interest capitalized	42,303,000	30,865,000	'
Interest amortized to cost of sales	-37,153,000	-27,767,000	'
Capitalized interest, balance at the end of the period	$87,923,000	$84,156,000	'
Minimum	'	'	'
Lots	'	'	'
Discount rate (as a percent)	17.00%	'	'
Maximum	'	'	'
Lots	'	'	'
Discount rate (as a percent)	30.00%	'	'
Total continuing operations | Segment total	'	'	'
Lots	'	'	'
LOTS OWNED	22,399	'	17,781
LOTS OPTIONED	16,671	'	10,524
TOTAL	39,070	'	28,305
Total continuing operations | North	'	'	'
Lots	'	'	'
LOTS OWNED	6,679	'	5,471
LOTS OPTIONED	6,559	'	4,056
TOTAL	13,238	'	9,527
Total continuing operations | Southeast	'	'	'
Lots	'	'	'
LOTS OWNED	7,794	'	7,268
LOTS OPTIONED	3,478	'	2,121
TOTAL	11,272	'	9,389
Total continuing operations | Texas	'	'	'
Lots	'	'	'
LOTS OWNED	3,686	'	2,438
LOTS OPTIONED	3,649	'	2,667
TOTAL	7,335	'	5,105
Total continuing operations | West	'	'	'
Lots	'	'	'
LOTS OWNED	4,240	'	2,604
LOTS OPTIONED	2,985	'	1,680
TOTAL	7,225	'	4,284
Discontinued operations	'	'	'
Lots	'	'	'
LOTS OWNED	21	'	479

Goodwill_and_Other_Intangible_1

Goodwill and Other Intangible Assets (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Goodwill and Other Intangible Assets	'	'
Impairment of goodwill	$0	'
Goodwill	37.1	16.8
North	'	'
Goodwill and Other Intangible Assets	'	'
Goodwill	13.7	'
Southeast	'	'
Goodwill and Other Intangible Assets	'	'
Goodwill	8.1	8.1
Texas	'	'
Goodwill and Other Intangible Assets	'	'
Goodwill	6.6	'
West	'	'
Goodwill and Other Intangible Assets	'	'
Goodwill	$8.70	$8.70

Variable_Interest_Entities_VIE1

Variable Interest Entities ("VIE") (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Lot Option Purchase Disclosures	'	'
Consolidated inventory not owned	$33,515,000	$39,490,000
Noncontrolling interest	16,131,000	21,824,000
Primary variable interest | Lot option purchase contracts	'	'
Lot Option Purchase Disclosures	'	'
Consolidated inventory not owned	33,500,000	39,500,000
Cash deposits	17,400,000	17,700,000
Noncontrolling interest	16,100,000	21,800,000
Not primary variable interest | Lot option purchase contracts	'	'
Lot Option Purchase Disclosures	'	'
Cash deposits and/or letters of credit	29,200,000	22,200,000
Aggregate purchase price	$540,900,000	$310,100,000

Investments_in_Joint_Ventures_1

Investments in Joint Ventures (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
	item		item
Investments in Joint Ventures	'	'	'	'	'
Number of active homebuilding joint ventures	6	'	6	'	'
Unconsolidated Joint Ventures	'	'	'	'	'
Investments in unconsolidated joint ventures	$12,400,000	'	$12,400,000	'	$8,300,000
Equity in earnings from unconsolidated joint ventures	$546,000	$306,000	$787,000	$979,000	'
Joint ventures | Segment total	'	'	'	'	'
Lots	'	'	'	'	'
JV Lots Owned	628	'	628	'	317
North | Joint ventures	'	'	'	'	'
Lots	'	'	'	'	'
JV Lots Owned	150	'	150	'	145
Texas | Joint ventures	'	'	'	'	'
Lots	'	'	'	'	'
JV Lots Owned	252	'	252	'	0
West | Joint ventures	'	'	'	'	'
Lots	'	'	'	'	'
JV Lots Owned	226	'	226	'	172

Debt_and_Credit_Facilities_Det

Debt and Credit Facilities (Details) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Jun. 30, 2013

Sep. 30, 2013

14-May-13

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Dec. 31, 2011

5.4 percent senior notes due January 2015

5.4 percent senior notes due January 2015

8.4 percent senior notes due May 2017

8.4 percent senior notes due May 2017

6.6 percent senior notes due May 2020

6.6 percent senior notes due May 2020

5.4 percent senior notes due October 2022

5.4 percent senior notes due October 2022

1.6 percent convertible senior notes due May 2018

1.6 percent convertible senior notes due May 2018

0.25 percent convertible senior notes due June 2019

0.25 percent convertible senior notes due June 2019

0.25 percent convertible senior notes due June 2019

0.25 percent convertible senior notes due June 2019

Seller-financed nonrecourse secured notes

Seller-financed nonrecourse secured notes

Repurchase credit facility

Repurchase credit facility

Repurchase credit facility

JPMorgan Chase Bank, N.A. ("JPM")

JPMorgan Chase Bank, N.A. ("JPM")

JPMorgan Chase Bank, N.A. ("JPM")

Debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total senior notes and convertible senior notes

$1,398,981,000

'

$1,398,981,000

'

$1,131,481,000

$126,481,000

$126,481,000

$230,000,000

$230,000,000

$300,000,000

$300,000,000

$250,000,000

$250,000,000

$225,000,000

$225,000,000

'

$267,500,000

'

$0

'

'

'

'

'

Debt discount

-2,527,000

'

-2,527,000

'

-3,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Senior notes and convertible senior notes, net

1,396,454,000

'

1,396,454,000

'

1,128,481,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Secured notes payable

1,438,000

'

1,438,000

'

5,987,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,400,000

6,000,000

'

'

'

Total debt

1,397,892,000

'

1,397,892,000

'

1,134,468,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Financial services credit facility

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

0

'

Other debt disclosures

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Interest rate stated percentage

'

'

'

'

'

5.40%

'

8.40%

'

6.60%

'

5.40%

'

1.60%

'

0.25%

0.25%

'

0.25%

'

'

'

'

'

Pretax charges related to early retirement of debt

0

9,146,000

0

9,146,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Principal amount of senior notes issued

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

267,500,000

'

'

'

'

'

'

'

'

Conversion ratio of debt instrument

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0.0133

'

'

'

'

'

'

'

Debt instrument, initial conversion price (in dollars per share)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$75.01

'

'

'

'

'

'

'

Debt instrument, conversion premium (as a percent)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

50.00%

'

'

'

'

'

'

'

Closing price of common stock (in dollars per share)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$50.01

'

'

'

'

'

'

Ownership interest in guarantor subsidiaries (as a percent)

'

'

100.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Minimum number of days within 30 consecutive trading days in which the closing price of the entity's common stock must exceed the conversion price for the notes to be redeemed for cash

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'20 days

'

'

'

'

'

'

'

Number of consecutive trading days during which the closing price of the entity's common stock must exceed the conversion price for at least 20 days in order for the notes to be redeemed for cash

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'30 days

'

'

'

'

'

'

'

Number of trading days preceding the date on which notice of redemption is provided

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'5 days

'

'

'

'

'

'

'

Percentage of the conversion price that the closing sales price of the entity's common stock must exceed in order for the notes to be redeemed for cash

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

130.00%

'

'

'

'

'

'

'

Redemption price as a percentage of principal amount of the notes

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

100.00%

'

'

'

'

'

'

'

Amount of sinking fund

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

'

'

'

'

'

Net proceeds from offering

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

260,100,000

'

'

'

'

'

'

'

'

Letters of credit outstanding

95,800,000

'

95,800,000

'

79,500,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Maximum borrowing capacity

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$75,000,000

$50,000,000

Fair_Values_of_Financial_and_N2

Fair Values of Financial and Nonfinancial Instruments (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
	Loan	Loan
Fair value measurement for financial instruments	'	'
Marketable securities, available-for-sale	$367,521,000	$385,625,000
Mortgage loans held-for-sale, unpaid principal balance	84,600,000	103,400,000
Mortgage loans held-for-sale, difference between the aggregate fair value and the aggregate unpaid principal balance	1,800,000	4,600,000
Number of loans 90 days or more past due	1	0
Mortgage loans held-for-sale, aggregate carrying value of loans with payments 90 days or more past due	247,000	'
Mortgage loans held-for-sale, aggregate unpaid principal balance of loans with payments 90 days or more past due	397,000	'
U.S. Treasury securities	'	'
Fair value measurement for financial instruments	'	'
Marketable securities, available-for-sale	93,694,000	3,099,000
Obligations of U.S. government agencies	'	'
Fair value measurement for financial instruments	'	'
Marketable securities, available-for-sale	20,226,000	133,110,000
Municipal debt securities	'	'
Fair value measurement for financial instruments	'	'
Marketable securities, available-for-sale	37,029,000	22,183,000
Corporate debt securities	'	'
Fair value measurement for financial instruments	'	'
Marketable securities, available-for-sale	164,855,000	163,393,000
Asset-backed securities	'	'
Fair value measurement for financial instruments	'	'
Marketable securities, available-for-sale	24,685,000	27,314,000
Time deposits	'	'
Fair value measurement for financial instruments	'	'
Marketable securities, available-for-sale	1,804,000	0
Short-term pooled investments	'	'
Fair value measurement for financial instruments	'	'
Marketable securities, available-for-sale	25,228,000	36,526,000
Recurring Measurement | Level 1 | U.S. Treasury securities	'	'
Fair value measurement for financial instruments	'	'
Marketable securities, available-for-sale	93,694,000	3,099,000
Recurring Measurement | Level 1 | Obligations of U.S. government agencies	'	'
Fair value measurement for financial instruments	'	'
Marketable securities, available-for-sale	20,226,000	133,110,000
Recurring Measurement | Level 1 | Short-term pooled investments	'	'
Fair value measurement for financial instruments	'	'
Marketable securities, available-for-sale	25,228,000	36,526,000
Recurring Measurement | Level 2 | Mortgage loans held-for-sale	'	'
Fair value measurement for financial instruments	'	'
Marketable securities, available-for-sale	86,463,000	107,950,000
Recurring Measurement | Level 2 | Mortgage interest rate lock commitments ("IRLCs")	'	'
Fair value measurement for financial instruments	'	'
Marketable securities, available-for-sale	9,770,000	4,737,000
Recurring Measurement | Level 2 | Forward-delivery contracts	'	'
Fair value measurement for financial instruments	'	'
Marketable securities, available-for-sale	-6,878,000	-369,000
Recurring Measurement | Level 2 | Municipal debt securities	'	'
Fair value measurement for financial instruments	'	'
Marketable securities, available-for-sale	37,029,000	22,183,000
Recurring Measurement | Level 2 | Corporate debt securities	'	'
Fair value measurement for financial instruments	'	'
Marketable securities, available-for-sale	164,855,000	163,393,000
Recurring Measurement | Level 2 | Asset-backed securities	'	'
Fair value measurement for financial instruments	'	'
Marketable securities, available-for-sale	24,685,000	27,314,000
Recurring Measurement | Level 2 | Time deposits	'	'
Fair value measurement for financial instruments	'	'
Marketable securities, available-for-sale	$1,804,000	$0

Fair_Values_of_Financial_and_N3

Fair Values of Financial and Nonfinancial Instruments (Details 2) (USD $)

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

12 Months Ended

9 Months Ended

12 Months Ended

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Dec. 31, 2012

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Mortgage interest rate lock commitments ("IRLCs")

Mortgage interest rate lock commitments ("IRLCs")

Mortgage interest rate lock commitments ("IRLCs")

Mortgage interest rate lock commitments ("IRLCs")

Mortgage loans held-for-sale

Mortgage loans held-for-sale

Mortgage loans held-for-sale

Mortgage loans held-for-sale

Measured on a non-recurring basis

Measured on a non-recurring basis

Measured on a non-recurring basis

Measured on a non-recurring basis

Measured on a non-recurring basis

Other assets held-for-sale

Other assets held-for-sale

Investments in joint ventures

Housing inventory

Housing inventory

Financial and nonfinancial instruments

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gains realized on the IRLC pipeline

'

'

$7,900,000

$925,000

$5,000,000

$3,000,000

'

'

'

'

'

'

'

'

'

Gains (losses) from instruments used to hedge IRLCs

'

'

-3,300,000

-3,900,000

7,000,000

-7,800,000

'

'

'

'

'

'

'

'

'

Gains on loan sales

'

'

'

'

'

'

2,300,000

7,800,000

10,600,000

17,900,000

'

'

'

'

'

Fair value of impaired assets

'

'

'

'

'

'

'

'

'

'

694,000

263,000

1,300,000

'

2,900,000

Impairment charges

$1,070,000

$5,962,000

'

'

'

'

'

'

'

'

$39,000

$41,000

$40,000

$0

$1,900,000

Postretirement_Benefits_Detail

Postretirement Benefits (Details) (Supplemental nonqualified retirement plan, USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Supplemental nonqualified retirement plan	'	'	'	'	'
Employee benefit plan	'	'	'	'	'
Retirement plan vesting period	'	'	'5 years	'	'
Value of assets held in trust	$14,500,000	'	$14,500,000	'	$13,100,000
Net periodic benefit income of plans	427,000	969,000	723,000	815,000	'
Death benefit	'	863,000	'	863,000	'
Interest costs	215,000	301,000	644,000	903,000	'
Service costs	11,000	30,000	31,000	90,000	'
Investment gain (loss)	653,000	437,000	1,400,000	945,000	'
Projected benefit obligations	$13,300,000	'	$13,300,000	'	$12,700,000
Weighted-average discount rate (as a percent)	6.80%	6.60%	6.80%	6.60%	'

Income_Taxes_Details

Income Taxes (Details) (USD $)	3 Months Ended			6 Months Ended	9 Months Ended			0 Months Ended	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Jun. 30, 2013	Sep. 30, 2012	Jun. 30, 2013	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Jun. 30, 2013	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013
	item				item			Federal	Federal	State	State
										Minimum	Maximum
Income Taxes	'	'	'	'	'	'	'	'	'	'	'
Reversal of valuation allowance against the company's deferred tax assets	'	$187.50	'	'	'	'	'	'	'	'	'
Valuation allowance against deferred tax assets	25.9	46.4	'	46.4	25.9	'	258.9	'	'	'	'
Pretax income required for the realization of federal NOLs and federal deductible temporary differences	'	'	'	'	'	'	'	550	'	'	'
Number of consecutive quarters of earnings considered for valuation allowance	5	'	'	'	5	'	'	'	'	'	'
Tax period within which temporary differences related to previously impaired inventory will be reversed if annual pretax income remains at current levels in future years	'	'	'	'5 years	'	'	'	'	'	'	'
Period of cumulative pretax loss position considered in the evaluation of negative evidence	'	'	'	'3 years	'	'	'	'	'	'	'
Deferred tax assets, net	$213.40	'	'	'	$213.40	'	$258.90	'	'	'	'
Period of net operating losses carryforward	'	'	'	'	'	'	'	'	'20 years	'10 years	'20 years
Period of federal tax credit carryforwards	'	'	'	'	'	'	'	'	'20 years	'	'
Overall effective income tax (benefit) expense rate (as a percent)	0.80%	'	0.20%	'	-154.50%	1.80%	'	'	'	'	'

StockBased_Compensation_Detail

Stock-Based Compensation (Details) (USD $)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Dec. 31, 2011
Stock option / award activity	'	'	'	'	'	'
Available for future grant (in shares)	3,132,053	'	3,132,053	'	3,016,108	'
Stock options / awards	'	'	'	'	'	'
Stock-based compensation expense	$4,500,000	$4,500,000	$13,700,000	$11,700,000	'	'
Stock options	'	'	'	'	'	'
Stock-based compensation	'	'	'	'	'	'
Vesting period	'	'	'3 years	'	'	'
Stock option / award activity	'	'	'	'	'	'
Options outstanding at the beginning of the period (in shares)	'	'	3,419,423	3,948,874	3,948,874	'
Granted (in shares)	'	'	0	756,000	'	'
Exercised (in shares)	'	'	-815,394	-380,813	'	'
Forfeited (in shares)	'	'	-60,289	-699,498	'	'
Options outstanding at the end of the period (in shares)	2,543,740	3,624,563	2,543,740	3,624,563	3,419,423	3,948,874
Available for future grant (in shares)	3,132,053	3,071,288	3,132,053	3,071,288	'	'
Total shares reserved at the end of period	5,675,793	6,695,851	5,675,793	6,695,851	'	'
Options exercisable at the end of period (in shares)	1,839,432	2,172,926	1,839,432	2,172,926	'	'
WEIGHTED-AVERAGE EXERCISE PRICE	'	'	'	'	'	'
Options outstanding at the beginning of the period (in dollars per option)	'	'	$26.92	$28.91	$28.91	'
Granted (in dollars per option)	'	'	$0	$18.55	'	'
Exercised (in dollars per option)	'	'	$25.07	$18.30	'	'
Forfeited (in dollars per option)	'	'	$21.24	$35.33	'	'
Options outstanding at the end of the period (in dollars per option)	$27.65	$26.62	$27.65	$26.62	$26.92	$28.91
Options exercisable at the end of period (in dollars per option)	$31.38	$32.01	$31.38	$32.01	'	'
WEIGHTED-AVERAGE REMAINING CONTRACTUAL LIFE (in years)	'	'	'	'	'	'
Weighted average remaining contractual life, Options outstanding at the end of the period	'	'	'2 years 6 months	'3 years	'2 years 10 months 24 days	'2 years 4 months 24 days
Weighted average remaining contractual life, Options exercisable at the end of the period	'	'	'1 year 8 months 12 days	'1 year 9 months 18 days	'	'
AGGREGATE INTRINSIC VALUE	'	'	'	'	'	'
Aggregate intrinsic value, Options outstanding at the end of the period	40,113,000	28,297,000	40,113,000	28,297,000	'	'
Aggregate intrinsic value, Options exercisable at the end of period	24,172,000	11,667,000	24,172,000	11,667,000	'	'
Stock options / awards	'	'	'	'	'	'
Stock-based compensation expense	699,000	1,400,000	2,800,000	3,700,000	'	'
Intrinsic values of stock options exercised	756,000	2,400,000	14,100,000	2,700,000	'	'
2011 Equity and Incentive Plan	'	'	'	'	'	'
Stock-based compensation	'	'	'	'	'	'
Number of equal annual installments in which awards vest, with performance criteria	'	'	3	'	'	'
2011 Equity and Incentive Plan | Maximum	'	'	'	'	'	'
Stock-based compensation	'	'	'	'	'	'
Expiration period of stock options from date of grant	'	'	'7 years	'	'	'
Predecessor plans to the 2011 Equity and Incentive Plan | Minimum	'	'	'	'	'	'
Stock-based compensation	'	'	'	'	'	'
Expiration period of stock options from date of grant	'	'	'5 years	'	'	'
Predecessor plans to the 2011 Equity and Incentive Plan | Maximum	'	'	'	'	'	'
Stock-based compensation	'	'	'	'	'	'
Expiration period of stock options from date of grant	'	'	'10 years	'	'	'
2004 Non-Employee Director Equity Plan and predecessor plans | Maximum	'	'	'	'	'	'
Stock-based compensation	'	'	'	'	'	'
Expiration period of stock options from date of grant	'	'	'10 years	'	'	'
Non-Employee Director Stock Plans	'	'	'	'	'	'
Stock options / awards	'	'	'	'	'	'
Stock-based compensation expense	205,000	108,000	589,000	296,000	'	'
2011 Non-Employee Director Stock Plan (the Director Plan)	'	'	'	'	'	'
Stock-based compensation	'	'	'	'	'	'
Number of shares authorized for issuance to each director	'	'	3,000	'	'	'
The maximum period of time that can elapse subsequent to a new director's appointment prior to receipt of an initial award in accordance with the plan	'	'	'30 days	'	'	'
Stock option / award activity	'	'	'	'	'	'
Available for future grant (in shares)	140,000	'	140,000	'	158,000	'
Restricted stock units	'	'	'	'	'	'
Stock-based compensation	'	'	'	'	'	'
Number of equal annual installments in which awards vest, with performance criteria	'	'	3	'	'	'
Stock options / awards	'	'	'	'	'	'
Stock-based compensation expense	$3,600,000	$2,900,000	$10,300,000	$7,700,000	'	'

StockBased_Compensation_Detail1

Stock-Based Compensation (Details 2) (Restricted stock units)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Restricted stock units	'	'
Restricted stock units	'	'
Restricted stock units at the beginning of the period (in shares)	774,217	657,825
Shares awarded	143,594	400,568
Shares vested	-354,369	-350,349
Shares forfeited	-21,534	-6,667
Restricted stock units at the end of the period (in shares)	541,908	701,377
Outstanding restricted shares vesting schedule	'	'
Outstanding restricted stock unit awards, vesting in 2014 (in shares)	299,913	'
Outstanding restricted stock unit awards, vesting in 2015 (in shares)	194,135	'
Outstanding restricted stock unit awards, vesting in 2016 (in shares)	47,860	'

Commitments_and_Contingencies_1

Commitments and Contingencies (Details) (USD $)	9 Months Ended	12 Months Ended
	Sep. 30, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009	Dec. 31, 2008
	score	score	score	score	score	score
Commitments and Contingencies	'	'	'	'	'	'
Mortgage loan types originated (as a percent)	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Average FICO credit score	731	731	726	723	717	711
Average combined loan-to-value ratio (as a percent)	90.30%	90.10%	90.30%	90.80%	91.40%	90.10%
Mortgage interest rate lock commitments ("IRLCs")	'	'	'	'	'	'
Commitments and Contingencies	'	'	'	'	'	'
Average number of days of interest rate commitment before closing	'180 days	'	'	'	'	'
Notional amount	411,800,000	137,700,000	'	'	'	'
Development bonds	'	'	'	'	'	'
Commitments and Contingencies	'	'	'	'	'	'
Guarantee obligations estimated exposure pertaining to land development and improvements	127,300,000	108,400,000	'	'	'	'
Performance-related cash deposits and letters of credit	'	'	'	'	'	'
Commitments and Contingencies	'	'	'	'	'	'
Guarantee obligations estimated exposure pertaining to land development and improvements	63,100,000	52,000,000	'	'	'	'
Prime	'	'	'	'	'	'
Commitments and Contingencies	'	'	'	'	'	'
Mortgage loan types originated (as a percent)	54.50%	48.60%	42.20%	34.90%	32.90%	51.80%
Government (FHA/VA/USDA)	'	'	'	'	'	'
Commitments and Contingencies	'	'	'	'	'	'
Mortgage loan types originated (as a percent)	45.50%	51.40%	57.80%	65.10%	67.10%	48.20%
Lot option purchase contracts	'	'	'	'	'	'
Commitments and Contingencies	'	'	'	'	'	'
Cash deposits and/or letters of credit	73,300,000	53,100,000	'	'	'	'
Aggregate purchase price	934,700,000	589,600,000	'	'	'	'
Purchase commitments, specific performance	2,800,000	492,000	'	'	'	'

Commitments_and_Contingencies_2

Commitments and Contingencies (Details 2) (USD $)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Dec. 31, 2012
			Insurance reserves	Insurance reserves	Legal reserves	Legal reserves
			RHIC	RHIC
Changes in the entity's loan loss and related legal reserves	'	'	'	'	'	'
Balance at the beginning of the period	$10,484,000	$10,141,000	'	'	'	'
Provision for losses	1,072,000	300,000	'	'	'	'
Settlements made	-592,000	-345,000	'	'	'	'
Balance at the end of the period	10,964,000	10,096,000	'	'	'	'
Product warranty	'	'	'	'	'	'
Number of years of product warranty for workmanship and materials	'1 year	'	'	'	'	'
Number of years of product warranty for mechanical systems	'2 years	'	'	'	'	'
Number of years of product warranty for structural systems	'10 years	'	'	'	'	'
Product liability reserves	'	'	'	'	'	'
Balance at the beginning of the period	18,188,000	20,648,000	'	'	'	'
Warranties issued	5,651,000	2,389,000	'	'	'	'
Changes in liability for accruals related to pre-existing warranties	739,000	1,669,000	'	'	'	'
Settlements made	-4,419,000	-6,393,000	'	'	'	'
Balance at the end of the period	20,159,000	18,313,000	'	'	'	'
Changes in entity's subcontractor insurance reserves	'	'	'	'	'	'
Balance at the beginning of period	'	'	14,813,000	18,209,000	'	'
Loss expenses paid	'	'	-1,380,000	-1,510,000	'	'
Balance at the end of period	'	'	13,433,000	16,699,000	'	'
Changes in entity's legal reserves	'	'	'	'	'	'
Legal reserves	'	'	'	'	16,600,000	17,900,000
Reasonably possible losses in excess of amounts accrued	'	'	'	'	$10,000,000	'

Supplemental_Guarantor_Informa2

Supplemental Guarantor Information (Details)	Sep. 30, 2013	Jun. 30, 2013	Dec. 31, 2012
5.4 percent senior notes due January 2015	'	'	'
Interest rate on obligations of the parent, guaranteed by the Guarantor Subsidiaries	'	'	'
Interest rate stated percentage	5.40%	'	'
8.4 percent senior notes due May 2017	'	'	'
Interest rate on obligations of the parent, guaranteed by the Guarantor Subsidiaries	'	'	'
Interest rate stated percentage	8.40%	'	'
1.6 percent convertible senior notes due May 2018	'	'	'
Interest rate on obligations of the parent, guaranteed by the Guarantor Subsidiaries	'	'	'
Interest rate stated percentage	1.60%	'	'
0.25 percent convertible senior notes due June 2019	'	'	'
Interest rate on obligations of the parent, guaranteed by the Guarantor Subsidiaries	'	'	'
Interest rate stated percentage	0.25%	0.25%	0.25%
6.6 percent senior notes due May 2020	'	'	'
Interest rate on obligations of the parent, guaranteed by the Guarantor Subsidiaries	'	'	'
Interest rate stated percentage	6.60%	'	'
5.4 percent senior notes due October 2022	'	'	'
Interest rate on obligations of the parent, guaranteed by the Guarantor Subsidiaries	'	'	'
Interest rate stated percentage	5.40%	'	'

Supplemental_Guarantor_Informa3

Supplemental Guarantor Information (Details 2) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Consolidating statements of earnings details	'	'	'	'
REVENUES	$576,423	$358,693	$1,444,098	$868,331
EXPENSES	522,585	339,589	1,325,044	846,974
OTHER INCOME (LOSS)	148	-8,674	1,414	-7,709
Income from continuing operations before taxes	53,986	10,430	120,468	13,648
Tax (benefit) expense	428	23	-186,325	213
Equity in net earnings of subsidiaries	0	0	0	0
NET INCOME FROM CONTINUING OPERATIONS	53,558	10,407	306,793	13,435
Income (loss) from discontinued operations, net of taxes	91	238	167	-1,626
NET INCOME	53,649	10,645	306,960	11,809
CONSOLIDATING ELIMINATIONS	'	'	'	'
Consolidating statements of earnings details	'	'	'	'
REVENUES	-10,318	0	-29,283	0
EXPENSES	-10,318	0	-29,283	0
OTHER INCOME (LOSS)	0	0	0	0
Income from continuing operations before taxes	0	0	0	0
Tax (benefit) expense	0	0	0	0
Equity in net earnings of subsidiaries	-25,847	-12,573	-148,367	-14,205
NET INCOME FROM CONTINUING OPERATIONS	-25,847	-12,573	-148,367	-14,205
Income (loss) from discontinued operations, net of taxes	21	-186	-20	655
NET INCOME	-25,826	-12,759	-148,387	-13,550
TRG, INC. | Reportable legal entities	'	'	'	'
Consolidating statements of earnings details	'	'	'	'
REVENUES	323,969	194,984	795,603	462,195
EXPENSES	297,453	188,576	740,825	455,268
OTHER INCOME (LOSS)	148	-8,674	1,414	-7,709
Income from continuing operations before taxes	26,664	-2,266	56,192	-782
Tax (benefit) expense	-1,047	-100	-102,234	-12
Equity in net earnings of subsidiaries	25,847	12,573	148,367	14,205
NET INCOME FROM CONTINUING OPERATIONS	53,558	10,407	306,793	13,435
Income (loss) from discontinued operations, net of taxes	91	238	167	-1,626
NET INCOME	53,649	10,645	306,960	11,809
GUARANTOR SUBSIDIARIES | Reportable legal entities	'	'	'	'
Consolidating statements of earnings details	'	'	'	'
REVENUES	249,258	154,212	638,081	381,129
EXPENSES	227,953	144,902	591,769	373,674
OTHER INCOME (LOSS)	0	0	0	0
Income from continuing operations before taxes	21,305	9,310	46,312	7,455
Tax (benefit) expense	1,433	226	-84,262	116
Equity in net earnings of subsidiaries	0	0	0	0
NET INCOME FROM CONTINUING OPERATIONS	19,872	9,084	130,574	7,339
Income (loss) from discontinued operations, net of taxes	-21	186	20	-655
NET INCOME	19,851	9,270	130,594	6,684
NON-GUARANTOR SUBSIDIARIES | Reportable legal entities	'	'	'	'
Consolidating statements of earnings details	'	'	'	'
REVENUES	13,514	9,497	39,697	25,007
EXPENSES	7,497	6,111	21,733	18,032
OTHER INCOME (LOSS)	0	0	0	0
Income from continuing operations before taxes	6,017	3,386	17,964	6,975
Tax (benefit) expense	42	-103	171	109
Equity in net earnings of subsidiaries	0	0	0	0
NET INCOME FROM CONTINUING OPERATIONS	5,975	3,489	17,793	6,866
Income (loss) from discontinued operations, net of taxes	0	0	0	0
NET INCOME	$5,975	$3,489	$17,793	$6,866

Supplemental_Guarantor_Informa4

Supplemental Guarantor Information (Details 3) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Consolidating statements of other comprehensive income	'	'	'	'
Net income	$53,649	$10,645	$306,960	$11,809
Other comprehensive income (loss) before tax:	'	'	'	'
Reduction of unrealized gain related to cash flow hedging instruments	0	-1,106	0	-1,709
Unrealized gain (loss) on marketable securities, available-for-sale:	'	'	'	'
Unrealized gain (loss)	433	225	-201	1,158
Less: reclassification adjustments for losses (gains) included in net income	253	-9	-88	-22
Total unrealized gain (loss) on marketable securities, available-for-sale	686	216	-289	1,136
Other comprehensive income (loss) before tax	686	-890	-289	-573
Income tax benefit related to items of other comprehensive income (loss)	0	423	0	653
Other comprehensive income (loss), net of tax	686	-467	-289	80
Comprehensive income	54,335	10,178	306,671	11,889
CONSOLIDATING ELIMINATIONS	'	'	'	'
Consolidating statements of other comprehensive income	'	'	'	'
Net income	-25,826	-12,759	-148,387	-13,550
Other comprehensive income (loss) before tax:	'	'	'	'
Reduction of unrealized gain related to cash flow hedging instruments	'	0	'	0
Unrealized gain (loss) on marketable securities, available-for-sale:	'	'	'	'
Unrealized gain (loss)	0	0	0	0
Less: reclassification adjustments for losses (gains) included in net income	0	0	0	0
Total unrealized gain (loss) on marketable securities, available-for-sale	'	0	'	0
Other comprehensive income (loss) before tax	0	0	0	0
Income tax benefit related to items of other comprehensive income (loss)	0	0	0	0
Other comprehensive income (loss), net of tax	0	0	0	0
Comprehensive income	-25,826	-12,759	-148,387	-13,550
TRG, INC. | Reportable legal entities	'	'	'	'
Consolidating statements of other comprehensive income	'	'	'	'
Net income	53,649	10,645	306,960	11,809
Other comprehensive income (loss) before tax:	'	'	'	'
Reduction of unrealized gain related to cash flow hedging instruments	'	-1,106	'	-1,709
Unrealized gain (loss) on marketable securities, available-for-sale:	'	'	'	'
Unrealized gain (loss)	433	225	-201	1,158
Less: reclassification adjustments for losses (gains) included in net income	253	-9	-88	-22
Total unrealized gain (loss) on marketable securities, available-for-sale	'	216	'	1,136
Other comprehensive income (loss) before tax	686	-890	-289	-573
Income tax benefit related to items of other comprehensive income (loss)	0	423	0	653
Other comprehensive income (loss), net of tax	686	-467	-289	80
Comprehensive income	54,335	10,178	306,671	11,889
GUARANTOR SUBSIDIARIES | Reportable legal entities	'	'	'	'
Consolidating statements of other comprehensive income	'	'	'	'
Net income	19,851	9,270	130,594	6,684
Other comprehensive income (loss) before tax:	'	'	'	'
Reduction of unrealized gain related to cash flow hedging instruments	'	0	'	0
Unrealized gain (loss) on marketable securities, available-for-sale:	'	'	'	'
Unrealized gain (loss)	0	0	0	0
Less: reclassification adjustments for losses (gains) included in net income	0	0	0	0
Total unrealized gain (loss) on marketable securities, available-for-sale	'	0	'	0
Other comprehensive income (loss) before tax	0	0	0	0
Income tax benefit related to items of other comprehensive income (loss)	0	0	0	0
Other comprehensive income (loss), net of tax	0	0	0	0
Comprehensive income	19,851	9,270	130,594	6,684
NON-GUARANTOR SUBSIDIARIES | Reportable legal entities	'	'	'	'
Consolidating statements of other comprehensive income	'	'	'	'
Net income	5,975	3,489	17,793	6,866
Other comprehensive income (loss) before tax:	'	'	'	'
Reduction of unrealized gain related to cash flow hedging instruments	'	0	'	0
Unrealized gain (loss) on marketable securities, available-for-sale:	'	'	'	'
Unrealized gain (loss)	0	0	0	0
Less: reclassification adjustments for losses (gains) included in net income	0	0	0	0
Total unrealized gain (loss) on marketable securities, available-for-sale	'	0	'	0
Other comprehensive income (loss) before tax	0	0	0	0
Income tax benefit related to items of other comprehensive income (loss)	0	0	0	0
Other comprehensive income (loss), net of tax	0	0	0	0
Comprehensive income	$5,975	$3,489	$17,793	$6,866

Supplemental_Guarantor_Informa5

Supplemental Guarantor Information (Details 4) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
ASSETS	'	'
Cash and cash equivalents	$144,531	$158,087
Marketable securities and restricted cash	459,569	456,518
Consolidated inventory owned	1,541,792	1,037,928
Consolidated inventory not owned	33,515	39,490
Total housing inventories	1,575,307	1,077,418
Investment in subsidiaries	0	0
Intercompany receivables	0	0
Other assets	458,890	239,416
Assets of discontinued operations	31	2,480
TOTAL ASSETS	2,638,328	1,933,919
LIABILITIES	'	'
Accounts payable and other accrued liabilities	387,173	272,155
Debt	1,397,892	1,134,468
Intercompany payables	0	0
Liabilities of discontinued operations	552	1,536
TOTAL LIABILITIES	1,785,617	1,408,159
EQUITY	'	'
STOCKHOLDERS' EQUITY	836,580	503,936
NONCONTROLLING INTEREST	16,131	21,824
TOTAL LIABILITIES AND EQUITY	2,638,328	1,933,919
CONSOLIDATING ELIMINATIONS	'	'
ASSETS	'	'
Cash and cash equivalents	0	0
Marketable securities and restricted cash	0	0
Consolidated inventory owned	0	0
Consolidated inventory not owned	0	0
Total housing inventories	0	0
Investment in subsidiaries	-380,463	-244,917
Intercompany receivables	-462,465	-368,126
Other assets	0	0
Assets of discontinued operations	0	0
TOTAL ASSETS	-842,928	-613,043
LIABILITIES	'	'
Accounts payable and other accrued liabilities	0	0
Debt	0	0
Intercompany payables	-462,465	-368,126
Liabilities of discontinued operations	0	0
TOTAL LIABILITIES	-462,465	-368,126
EQUITY	'	'
STOCKHOLDERS' EQUITY	-380,463	-244,917
NONCONTROLLING INTEREST	0	0
TOTAL LIABILITIES AND EQUITY	-842,928	-613,043
TRG, INC. | Reportable legal entities	'	'
ASSETS	'	'
Cash and cash equivalents	22,376	32,130
Marketable securities and restricted cash	429,082	429,057
Consolidated inventory owned	878,008	643,619
Consolidated inventory not owned	17,384	17,666
Total housing inventories	895,392	661,285
Investment in subsidiaries	380,463	244,917
Intercompany receivables	462,465	368,126
Other assets	292,044	76,183
Assets of discontinued operations	0	187
TOTAL ASSETS	2,481,822	1,811,885
LIABILITIES	'	'
Accounts payable and other accrued liabilities	247,215	172,906
Debt	1,397,892	1,134,468
Intercompany payables	0	0
Liabilities of discontinued operations	135	575
TOTAL LIABILITIES	1,645,242	1,307,949
EQUITY	'	'
STOCKHOLDERS' EQUITY	836,580	503,936
NONCONTROLLING INTEREST	0	0
TOTAL LIABILITIES AND EQUITY	2,481,822	1,811,885
GUARANTOR SUBSIDIARIES | Reportable legal entities	'	'
ASSETS	'	'
Cash and cash equivalents	112,071	117,838
Marketable securities and restricted cash	0	0
Consolidated inventory owned	663,784	394,309
Consolidated inventory not owned	0	0
Total housing inventories	663,784	394,309
Investment in subsidiaries	0	0
Intercompany receivables	0	0
Other assets	56,476	43,572
Assets of discontinued operations	31	2,293
TOTAL ASSETS	832,362	558,012
LIABILITIES	'	'
Accounts payable and other accrued liabilities	95,276	68,929
Debt	0	0
Intercompany payables	393,115	275,163
Liabilities of discontinued operations	417	961
TOTAL LIABILITIES	488,808	345,053
EQUITY	'	'
STOCKHOLDERS' EQUITY	343,554	212,959
NONCONTROLLING INTEREST	0	0
TOTAL LIABILITIES AND EQUITY	832,362	558,012
NON-GUARANTOR SUBSIDIARIES | Reportable legal entities	'	'
ASSETS	'	'
Cash and cash equivalents	10,084	8,119
Marketable securities and restricted cash	30,487	27,461
Consolidated inventory owned	0	0
Consolidated inventory not owned	16,131	21,824
Total housing inventories	16,131	21,824
Investment in subsidiaries	0	0
Intercompany receivables	0	0
Other assets	110,370	119,661
Assets of discontinued operations	0	0
TOTAL ASSETS	167,072	177,065
LIABILITIES	'	'
Accounts payable and other accrued liabilities	44,682	30,320
Debt	0	0
Intercompany payables	69,350	92,963
Liabilities of discontinued operations	0	0
TOTAL LIABILITIES	114,032	123,283
EQUITY	'	'
STOCKHOLDERS' EQUITY	36,909	31,958
NONCONTROLLING INTEREST	16,131	21,824
TOTAL LIABILITIES AND EQUITY	$167,072	$177,065

Supplemental_Guarantor_Informa6

Supplemental Guarantor Information (Details 5) (USD $)	3 Months Ended				9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES	'		'		'		'
Net income from continuing operations	$53,558		$10,407		$306,793		$13,435
Adjustments to reconcile net income from continuing operations to net cash (used for) provided by operating activities	'		'		-204,146		29,361
Changes in assets and liabilities	'		'		-330,191		-77,219
Other operating activities, net	'		'		-728		-947
Net cash used for operating activities from continuing operations	'		'		-228,272		-35,370
CASH FLOWS FROM INVESTING ACTIVITIES	'		'		'		'
Return of investment in (contribution to) unconsolidated joint ventures, net	'		'		-3,439		2,077
Additions to property, plant and equipment	'		'		-14,475		-8,884
Purchases of marketable securities, available-for-sale	'		'		-615,755		-855,226
Proceeds from sales and maturities of marketable securities, available-for-sale	'		'		634,272		697,604
Cash paid for business acquisitions	'		'		-50,930		-35,974
Other investing activities, net	'		'		0		109
Net cash used for investing activities from continuing operations	'		'		-50,327		-200,294
CASH FLOWS FROM FINANCING ACTIVITIES	'		'		'		'
Increase (decrease) in debt	'		'		262,951		296,292
Increase in borrowings against revolving credit facilities, net	'		'		0		8,524
Common stock dividends and stock-based compensation	'		'		23,247		6,546
(Increase) decrease in restricted cash	'		'		-21,155		-9,883
Intercompany balances	'		'		0		0
Net cash provided by financing activities from continuing operations	'		'		265,043		301,479
Net (decrease) increase in cash and cash equivalents from continuing operations	'		'		-13,556		65,815
Cash flows from operating activities-discontinued operations	'		'		-24		-56
Cash flows from investing activities-discontinued operations	'		'		24		88
Cash flows from financing activities-discontinued operations	'		'		0		0
Cash and cash equivalents at beginning of period	'		'		158,114	[1]	159,336	[1]
CASH AND CASH EQUIVALENTS AT END OF PERIOD	144,558	[2]	225,183	[2]	144,558	[2]	225,183	[2]
CONSOLIDATING ELIMINATIONS	'		'		'		'
CASH FLOWS FROM OPERATING ACTIVITIES	'		'		'		'
Net income from continuing operations	-25,847		-12,573		-148,367		-14,205
Adjustments to reconcile net income from continuing operations to net cash (used for) provided by operating activities	'		'		0		0
Changes in assets and liabilities	'		'		148,367		14,205
Other operating activities, net	'		'		0		0
Net cash used for operating activities from continuing operations	'		'		0		0
CASH FLOWS FROM INVESTING ACTIVITIES	'		'		'		'
Return of investment in (contribution to) unconsolidated joint ventures, net	'		'		0		0
Additions to property, plant and equipment	'		'		0		0
Purchases of marketable securities, available-for-sale	'		'		0		0
Proceeds from sales and maturities of marketable securities, available-for-sale	'		'		0		0
Cash paid for business acquisitions	'		'		0		0
Other investing activities, net	'		'		'		0
Net cash used for investing activities from continuing operations	'		'		0		0
CASH FLOWS FROM FINANCING ACTIVITIES	'		'		'		'
Increase (decrease) in debt	'		'		0		0
Increase in borrowings against revolving credit facilities, net	'		'		'		0
Common stock dividends and stock-based compensation	'		'		0		0
(Increase) decrease in restricted cash	'		'		0		0
Intercompany balances	'		'		0		0
Net cash provided by financing activities from continuing operations	'		'		0		0
Net (decrease) increase in cash and cash equivalents from continuing operations	'		'		0		0
Cash flows from operating activities-discontinued operations	'		'		0		0
Cash flows from investing activities-discontinued operations	'		'		0		0
Cash flows from financing activities-discontinued operations	'		'		0		0
Cash and cash equivalents at beginning of period	'		'		0		0
CASH AND CASH EQUIVALENTS AT END OF PERIOD	0		0		0		0
TRG, INC. | Reportable legal entities	'		'		'		'
CASH FLOWS FROM OPERATING ACTIVITIES	'		'		'		'
Net income from continuing operations	53,558		10,407		306,793		13,435
Adjustments to reconcile net income from continuing operations to net cash (used for) provided by operating activities	'		'		-210,059		23,043
Changes in assets and liabilities	'		'		-271,697		-84,009
Other operating activities, net	'		'		-728		-947
Net cash used for operating activities from continuing operations	'		'		-175,691		-48,478
CASH FLOWS FROM INVESTING ACTIVITIES	'		'		'		'
Return of investment in (contribution to) unconsolidated joint ventures, net	'		'		128		475
Additions to property, plant and equipment	'		'		-6,558		-5,589
Purchases of marketable securities, available-for-sale	'		'		-612,930		-851,919
Proceeds from sales and maturities of marketable securities, available-for-sale	'		'		629,773		694,015
Cash paid for business acquisitions	'		'		-19,880		-35,974
Other investing activities, net	'		'		'		0
Net cash used for investing activities from continuing operations	'		'		-9,467		-198,992
CASH FLOWS FROM FINANCING ACTIVITIES	'		'		'		'
Increase (decrease) in debt	'		'		262,951		297,502
Increase in borrowings against revolving credit facilities, net	'		'		'		0
Common stock dividends and stock-based compensation	'		'		23,247		6,546
(Increase) decrease in restricted cash	'		'		-16,455		-14,620
Intercompany balances	'		'		-94,339		-40,192
Net cash provided by financing activities from continuing operations	'		'		175,404		249,236
Net (decrease) increase in cash and cash equivalents from continuing operations	'		'		-9,754		1,766
Cash flows from operating activities-discontinued operations	'		'		0		-41
Cash flows from investing activities-discontinued operations	'		'		0		14
Cash flows from financing activities-discontinued operations	'		'		0		0
Cash and cash equivalents at beginning of period	'		'		32,130		25,597
CASH AND CASH EQUIVALENTS AT END OF PERIOD	22,376		27,336		22,376		27,336
GUARANTOR SUBSIDIARIES | Reportable legal entities	'		'		'		'
CASH FLOWS FROM OPERATING ACTIVITIES	'		'		'		'
Net income from continuing operations	19,872		9,084		130,574		7,339
Adjustments to reconcile net income from continuing operations to net cash (used for) provided by operating activities	'		'		5,729		5,998
Changes in assets and liabilities	'		'		-218,064		-7,872
Other operating activities, net	'		'		0		0
Net cash used for operating activities from continuing operations	'		'		-81,761		5,465
CASH FLOWS FROM INVESTING ACTIVITIES	'		'		'		'
Return of investment in (contribution to) unconsolidated joint ventures, net	'		'		-3,567		1,602
Additions to property, plant and equipment	'		'		-7,341		-3,272
Purchases of marketable securities, available-for-sale	'		'		0		0
Proceeds from sales and maturities of marketable securities, available-for-sale	'		'		0		0
Cash paid for business acquisitions	'		'		-31,050		0
Other investing activities, net	'		'		'		0
Net cash used for investing activities from continuing operations	'		'		-41,958		-1,670
CASH FLOWS FROM FINANCING ACTIVITIES	'		'		'		'
Increase (decrease) in debt	'		'		0		-1,188
Increase in borrowings against revolving credit facilities, net	'		'		'		0
Common stock dividends and stock-based compensation	'		'		0		0
(Increase) decrease in restricted cash	'		'		0		0
Intercompany balances	'		'		117,952		64,320
Net cash provided by financing activities from continuing operations	'		'		117,952		63,132
Net (decrease) increase in cash and cash equivalents from continuing operations	'		'		-5,767		66,927
Cash flows from operating activities-discontinued operations	'		'		-24		-15
Cash flows from investing activities-discontinued operations	'		'		24		74
Cash flows from financing activities-discontinued operations	'		'		0		0
Cash and cash equivalents at beginning of period	'		'		117,865		117,101
CASH AND CASH EQUIVALENTS AT END OF PERIOD	112,098		184,087		112,098		184,087
NON-GUARANTOR SUBSIDIARIES | Reportable legal entities	'		'		'		'
CASH FLOWS FROM OPERATING ACTIVITIES	'		'		'		'
Net income from continuing operations	5,975		3,489		17,793		6,866
Adjustments to reconcile net income from continuing operations to net cash (used for) provided by operating activities	'		'		184		320
Changes in assets and liabilities	'		'		11,203		457
Other operating activities, net	'		'		0		0
Net cash used for operating activities from continuing operations	'		'		29,180		7,643
CASH FLOWS FROM INVESTING ACTIVITIES	'		'		'		'
Return of investment in (contribution to) unconsolidated joint ventures, net	'		'		0		0
Additions to property, plant and equipment	'		'		-576		-23
Purchases of marketable securities, available-for-sale	'		'		-2,825		-3,307
Proceeds from sales and maturities of marketable securities, available-for-sale	'		'		4,499		3,589
Cash paid for business acquisitions	'		'		0		0
Other investing activities, net	'		'		'		109
Net cash used for investing activities from continuing operations	'		'		1,098		368
CASH FLOWS FROM FINANCING ACTIVITIES	'		'		'		'
Increase (decrease) in debt	'		'		0		-22
Increase in borrowings against revolving credit facilities, net	'		'		'		8,524
Common stock dividends and stock-based compensation	'		'		0		0
(Increase) decrease in restricted cash	'		'		-4,700		4,737
Intercompany balances	'		'		-23,613		-24,128
Net cash provided by financing activities from continuing operations	'		'		-28,313		-10,889
Net (decrease) increase in cash and cash equivalents from continuing operations	'		'		1,965		-2,878
Cash flows from operating activities-discontinued operations	'		'		0		0
Cash flows from investing activities-discontinued operations	'		'		0		0
Cash flows from financing activities-discontinued operations	'		'		0		0
Cash and cash equivalents at beginning of period	'		'		8,119		16,638
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$10,084		$13,760		$10,084		$13,760
[1]	Includes cash and cash equivalents of $27,000 and $56,000 associated with discontinued operations at December 31, 2012 and 2011, respectively.
[2]	Includes cash and cash equivalents of $27,000 and $88,000 associated with discontinued operations at September 30, 2013 and 2012, respectively.

Discontinued_Operations_Detail

Discontinued Operations (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
Discontinued operations	'	'	'	'
Income (loss) from discontinued operations, net of taxes	$91	$238	$167	($1,626)

Transactions_with_Affiliates_D

Transactions with Affiliates (Details) (Affiliates of the Company's Philadelphia division, Promissory notes, USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013
Transactions with Affiliates	'
Amount of debt issued	1.5
Maximum	'
Transactions with Affiliates	'
Repayment period	'3 years