|
Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified
|
Dec. 31, 2013
|
Dec. 31, 2012
|
| Real estate inventories |
|
|
|
|
| Goodwill |
|
|
$ 14,200 |
|
| Intangibles, net of accumulated amortization of $7,611 and $5,757 and as of December 31, 2013 and 2012, respectively |
2,766 |
|
|
|
| Deferred Income Taxes, net valuation allowance of $3,959 and $200,048 at December 31, 2013 and 2012 respectively |
95,580 |
|
|
|
|
Convertible Preferred Stock [Member]
|
|
|
|
|
| Redeemable convertible preferred stock - Note 16: |
|
|
|
|
| Redeemable convertible preferred stock, par value $0.01 per share; 80,000,000 shares authorized; 77,005,744 shares issued and outstanding at December 31, 2012 |
|
|
56,400 |
|
|
Successor [Member]
|
|
|
|
|
| ASSETS |
|
|
|
|
| Cash and cash equivalents |
171,672 |
|
71,075 |
|
| Restricted cash |
854 |
|
853 |
|
| Receivables |
20,839 |
|
14,789 |
|
| Real estate inventories |
|
|
|
|
| Owned |
671,790 |
|
421,630 |
|
| Not owned |
12,960 |
[1] |
39,029 |
[1] |
| Deferred loan costs, net |
9,575 |
|
7,036 |
|
| Goodwill |
14,209 |
|
14,209 |
|
| Intangibles, net of accumulated amortization of $7,611 and $5,757 and as of December 31, 2013 and 2012, respectively |
2,766 |
|
4,620 |
|
| Deferred Income Taxes, net valuation allowance of $3,959 and $200,048 at December 31, 2013 and 2012 respectively |
95,580 |
|
0 |
|
| Other assets, net |
10,166 |
|
7,906 |
|
| Total assets |
1,010,411 |
|
581,147 |
|
| LIABILITIES AND EQUITY (DEFICIT) |
|
|
|
|
| Accounts payable |
17,099 |
|
18,735 |
|
| Accrued expenses |
60,203 |
|
41,770 |
|
| Liabilities from inventories not owned |
12,960 |
|
39,029 |
|
| Total notes payable |
38,060 |
|
13,248 |
|
| 8 1/2% Senior Notes due November 15, 2020 |
431,295 |
|
325,000 |
|
| Liabilities |
559,617 |
|
437,782 |
|
| Commitments and contingencies |
|
|
|
|
| Redeemable convertible preferred stock - Note 16: |
|
|
|
|
| Redeemable convertible preferred stock, par value $0.01 per share; 80,000,000 shares authorized; 77,005,744 shares issued and outstanding at December 31, 2012 |
|
|
71,246 |
|
| Equity (deficit): |
|
|
|
|
| Additional paid-in capital |
311,863 |
|
74,168 |
|
| Retained earnings/(accumulated deficit) |
116,002 |
|
(11,602) |
|
| Total William Lyon Homes stockholders' equity (deficit) |
428,179 |
|
62,712 |
|
| Noncontrolling interest |
22,615 |
|
9,407 |
|
| Total equity |
450,794 |
|
72,119 |
|
| Total liabilities and (deficit) equity |
1,010,411 |
|
581,147 |
|
|
Successor [Member] | Convertible Preferred Stock [Member]
|
|
|
|
|
| Redeemable convertible preferred stock - Note 16: |
|
|
|
|
| Redeemable convertible preferred stock, par value $0.01 per share; 80,000,000 shares authorized; 77,005,744 shares issued and outstanding at December 31, 2012 |
0 |
|
71,246 |
|
|
Successor [Member] | Preferred Stock [Member]
|
|
|
|
|
| Redeemable convertible preferred stock - Note 16: |
|
|
|
|
| Redeemable convertible preferred stock, par value $0.01 per share; 80,000,000 shares authorized; 77,005,744 shares issued and outstanding at December 31, 2012 |
0 |
|
0 |
|
|
Successor [Member] | Common Class A [Member]
|
|
|
|
|
| Equity (deficit): |
|
|
|
|
| Common stock |
276 |
|
85 |
|
|
Successor [Member] | Common Class B [Member]
|
|
|
|
|
| Equity (deficit): |
|
|
|
|
| Common stock |
38 |
|
38 |
|
|
Successor [Member] | Common Class C [Member]
|
|
|
|
|
| Equity (deficit): |
|
|
|
|
| Common stock |
0 |
|
20 |
|
|
Successor [Member] | Common Class D [Member]
|
|
|
|
|
| Equity (deficit): |
|
|
|
|
| Common stock |
$ 0 |
|
$ 3 |
|
|
|
|