Business

          We design, build and market high quality detached single-family residences, town homes, and condominiums. We operate in markets characterized by strong population and income growth. Currently, we conduct homebuilding operations through our consolidated subsidiaries and unconsolidated joint ventures in various metropolitan markets in ten states, located in four major geographic regions, which are also our reportable segments: Florida, the Mid-Atlantic, Texas, and the West. As used in this Form 10-K, “consolidated” information refers only to information relating to our operations which are...