| Segment Financial Information Relating To Operations |
Segment financial information relating to the Company’s operations was as follows (in thousands): | | | | | | | | | | | | | | | | | | Successor | | Predecessor | | Year Ended December 31, 2013 | | Period from February 25 through December 31, 2012 | | Period from January 1 through February 24, 2012 | | Year Ended December 31, 2011 | | Operating revenue: | | | | | | | | Southern California | $ | 216,731 |
| | $ | 116,619 |
| | $ | 7,759 |
| | $ | 130,737 |
| Northern California | 78,291 |
| | 154,684 |
| | 11,014 |
| | 54,141 |
| Arizona | 129,089 |
| | 58,714 |
| | 4,316 |
| | 20,074 |
| Nevada | 78,148 |
| | 37,307 |
| | 2,481 |
| | 21,871 |
| Colorado | 70,276 |
| | 5,436 |
| | — |
| | — |
| Total operating revenue | $ | 572,535 |
| | $ | 372,760 |
| | $ | 25,570 |
| | $ | 226,823 |
|
| | | | | | | | | | | | | | | | | | Successor | | Predecessor | | Year Ended December 31, 2013 | | Period from
February 25
through
December 31,
2012 | | Period from
January 1
through
February 24,
2012 | | Year Ended December 31, 2011 | | Income (loss) before benefit (provision) for income taxes: | | | | | | | | Southern California | $ | 37,190 |
| | $ | 3,345 |
| | $ | (19,131 | ) | | $ | (26,406 | ) | Northern California | 12,862 |
| | 16,179 |
| | 6,195 |
| | (6,307 | ) | Arizona | 17,861 |
| | 2,073 |
| | 9,928 |
| | (95,184 | ) | Nevada | 9,180 |
| | (1,146 | ) | | (1,738 | ) | | (30,500 | ) | Colorado | 736 |
| | 130 |
| | — |
| | — |
| Corporate | (24,528 | ) | | (27,431 | ) | | 233,243 |
| | (34,491 | ) | Income (loss) before benefit (provision) from income taxes | $ | 53,301 |
| | $ | (6,850 | ) | | $ | 228,497 |
| | $ | (192,888 | ) |
|
| Pretax Inventory Impairment Charges Included In (Loss) Income Before (Provision) Benefit From Income Taxes |
Income (loss) before benefit (provision) from income taxes includes the following pretax inventory impairment charges recorded in the following segments (in thousands): | | | | | | | | | | | | | | | | | | Successor | | Predecessor | | Year Ended December 31, 2013 | | Period from
February 25
through
December 31,
2012 | | Period from
January 1
through
February 24,
2012 | | Year Ended December 31, 2011 | Southern California | $ | — |
| | $ | — |
| | $ | — |
| | $ | 17,962 |
| Northern California | — |
| | — |
| | — |
| | 2,074 |
| Arizona | — |
| | — |
| | — |
| | 87,607 |
| Nevada | — |
| | — |
| | — |
| | 20,671 |
| Colorado | — |
| | — |
| | — |
| | — |
| Total impairment loss on real estate assets | $ | — |
| | $ | — |
| | $ | — |
| | $ | 128,314 |
|
|
| Schedule of Write-Off Of Land Option Deposits And Pre-Acquisition Costs |
| | | | | | | | | | Successor | | December 31, | | 2013 | | 2012 | Homebuilding assets: | | | | Southern California | $ | 275,975 |
| | $ | 195,688 |
| Northern California | 143,693 |
| | 31,293 |
| Arizona | 157,892 |
| | 173,847 |
| Nevada | 85,695 |
| | 51,141 |
| Colorado | 60,233 |
| | 37,668 |
| Corporate (1) | 286,923 |
| | 91,510 |
| Total homebuilding assets | $ | 1,010,411 |
| | $ | 581,147 |
|
| | (1) | Comprised primarily of cash and cash equivalents, receivables, deferred loan costs, deferred income taxes, and other assets. |
|