Document and Entity Information	9 Months Ended
Document and Entity Information	Jun. 30, 2013	Jul. 31, 2013
Document and Entity Information [Abstract]
Entity Registrant Name	BEAZER HOMES USA INC
Entity Central Index Key	0000915840
Document Type	10-Q
Document Period End Date	Jun. 30, 2013
Amendment Flag	false
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--09-30
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		25,088,909

Unaudited Condensed Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Sep. 30, 2012
ASSETS
Cash and cash equivalents	$ 298,346	$ 487,795
Restricted cash	246,013	253,260
Accounts receivable (net of allowance of $2,045 and $2,235, respectively)	26,066	24,599
Income tax receivable	3,080	6,372
Inventory
Owned inventory	1,265,112	1,099,132
Land not owned under option agreements	7,880	12,420
Total inventory	1,272,992	1,111,552
Investments in unconsolidated entities	42,477	42,078
Deferred tax assets, net	7,076	6,848
Property, plant and equipment, net	16,734	18,974
Other assets	30,133	30,740
Total assets	1,942,917	1,982,218
LIABILITIES AND STOCKHOLDERS' EQUITY
Trade accounts payable	79,625	69,268
Other liabilities	126,746	147,718
Obligations related to land not owned under option agreements	2,904	4,787
Total debt (net of discounts of $2,341 and $3,082, respectively)	1,505,656	1,498,198
Total liabilities	1,714,931	1,719,971
Stockholders' equity:
Preferred stock (par value $.01 per share, 5,000,000 shares authorized, no shares issued)	0	0
Common stock (par value $0.001 per share, 63,000,000 shares authorized, 25,090,653 and 24,601,830 issued and outstanding, respectively)	25	25
Paid-in capital	845,549	833,994
Accumulated deficit	(617,588)	(571,772)
Total stockholders' equity	227,986	262,247
Total liabilities and stockholders' equity	$ 1,942,917	$ 1,982,218

Unaudited Condensed Consolidated Balance Sheets (Parenthetical) (USD $) In Thousands, except Share data, unless otherwise specified	Jun. 30, 2013	Sep. 30, 2012
ASSETS
Allowances for accounts receivable	$ 2,045	$ 2,235
LIABILITIES AND STOCKHOLDERS’ EQUITY
Discounts on total debt	$ 2,341	$ 3,082
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	63,000,000	63,000,000
Common stock, shares issued	25,090,653	24,601,830
Common stock, shares outstanding	25,090,653	24,601,830

Unaudited Condensed Consolidated Statements of Operations (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Income Statement [Abstract]
Total revenue	$ 314,439	$ 254,555	$ 849,243	$ 634,746
Home construction and land sales expenses	260,324	227,505	712,930	560,564
Inventory impairments and option contract abandonments	0	5,819	2,229	10,492
Gross profit	54,115	21,231	134,084	63,690
Commissions	13,078	10,776	35,406	27,522
General and administrative expenses	29,612	27,867	84,735	82,380
Depreciation and amortization	2,953	3,743	8,761	9,336
Operating income (loss)	8,472	(21,155)	5,182	(55,548)
Equity in (loss) income of unconsolidated entities	(310)	48	(206)	(25)
Loss on extinguishment of debt	0	0	(3,638)	(2,747)
Other expense, net	(14,036)	(16,804)	(45,858)	(53,342)
Loss from continuing operations before income taxes	(5,874)	(37,911)	(44,520)	(111,662)
(Benefit from) provision for income taxes	(432)	145	(1,028)	(36,438)
Loss from continuing operations	(5,442)	(38,056)	(43,492)	(75,224)
Loss from discontinued operations, net of tax	(346)	(1,828)	(2,324)	(3,869)
Net loss	$ (5,788)	$ (39,884)	$ (45,816)	$ (79,093)
Weighted average number of shares:
Weighted Average Number of Shares Outstanding, Basic and Diluted	24,770	19,810	24,571	16,777
Earnings Per Share [Abstract]
Loss from Continuing Operations, Per Basic and Diluted Share	$ (0.22)	$ (1.92)	$ (1.77)	$ (4.48)
Loss from Discontinued Operations, Net of Tax, Per Basic and Diluted Share	$ (0.01)	$ (0.09)	$ (0.09)	$ (0.23)
Earnings Per Share, Basic and Diluted	$ (0.23)	$ (2.01)	$ (1.86)	$ (4.71)

Unaudited Condensed Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
Cash flows from operating activities:
Net loss	$ (45,816)	$ (79,093)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	8,761	9,371
Stock-based compensation expense	2,275	3,211
Inventory impairments and option contract abandonments	2,246	11,071
Deferred and other income tax benefit	(485)	(36,378)
Provision for doubtful accounts	(190)	(1,678)
Equity in loss of unconsolidated entities	207	62
Cash distributions of income from unconsolidated entities	336	0
Loss on extinguishment of debt	1,517	2,747
Changes in operating assets and liabilities:
(Increase) decrease in accounts receivable	(1,277)	9,381
Decrease in income tax receivable	3,292	2,425
(Increase) decrease in inventory	(159,753)	4,091
Decrease in other assets	559	5,442
Increase in trade accounts payable	10,357	778
Decrease in other liabilities	(20,274)	(37,813)
Other changes	51	(29)
Net cash used in operating activities	(198,194)	(106,412)
Cash flows from investing activities:
Capital expenditures	(6,572)	(15,117)
Investments in unconsolidated entities	(1,374)	(2,075)
Return of capital from unconsolidated entities	432	440
Increases in restricted cash	(1,788)	(1,679)
Decreases in restricted cash	9,035	6,955
Net cash used in investing activities	(267)	(11,476)
Cash flows from financing activities:
Repayment of debt	(185,431)	(3,369)
Proceeds from issuance of new debt	200,000	0
Debt issuance costs	(4,935)	(274)
Equity issuance costs	0	(1,296)
Settlement of unconsolidated entity debt obligation	(500)	(15,862)
Payments for other financing activities	(122)	(98)
Net cash provided by (used in) financing activities	9,012	(20,899)
Decrease in cash and cash equivalents	(189,449)	(138,787)
Cash and cash equivalents at beginning of period	487,795	370,403
Cash and cash equivalents at end of period	$ 298,346	$ 231,616

Summary of Significant Accounting Policies

9 Months Ended

Jun. 30, 2013

Accounting Policies [Abstract]

Summary of Significant Accounting Policies

The accompanying unaudited condensed consolidated financial statements of Beazer Homes USA, Inc. (Beazer Homes, Beazer or the Company) have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X. Such financial statements do not include all of the information and disclosures required by GAAP for complete financial statements. In our opinion, all adjustments (consisting primarily of normal recurring accruals) necessary for a fair presentation have been included in the accompanying financial statements. The results of our consolidated operations presented herein for the three and nine months ended June 30, 2013 are not necessarily indicative of the results to be expected for the full year due to seasonal variations in operations and other items. For further information and a discussion of our significant accounting policies other than as discussed below, refer to our audited consolidated financial statements appearing in Beazer Homes’ Annual Report on Form 10-K for the fiscal year ended September 30, 2012 (the 2012 Annual Report).

Over the past few years, we have discontinued homebuilding operations in certain of our markets. Results from our title services business and our exit markets are reported as discontinued operations in the accompanying unaudited condensed consolidated statements of operations for all periods presented (see Note 14 for further discussion of our Discontinued Operations). In October 2012, the Company announced the effectiveness of a one-for-five reverse stock split. As applicable, all historic share and per share information, including earnings per share, in this Form 10-Q have been retroactively adjusted to reflect this reverse stock split. Certain items in prior period financial statements have been revised to conform to the current presentation. Our net loss is equivalent to our comprehensive loss so we have not presented a separate statement of comprehensive loss. We evaluated events that occurred after the balance sheet date but before the financial statements were issued or were available to be issued for accounting treatment and disclosure.

Inventory Valuation — We assess our inventory assets no less than quarterly for recoverability in accordance with the policies as described in Notes 1 and 4 to the consolidated financial statements in our 2012 Annual Report. Our homebuilding inventories that are accounted for as held for development include land and home construction assets grouped together as communities. Homebuilding inventories held for development are stated at cost (including direct construction costs, capitalized indirect costs, capitalized interest and real estate taxes) unless facts and circumstances indicate that the carrying value of the assets may not be recoverable. For those communities for which construction and development activities are expected to occur in the future or have been idled (land held for future development), all applicable interest and real estate taxes are expensed as incurred and the inventory is stated at cost unless facts and circumstances indicate that the carrying value of the assets may not be recoverable. We record assets held for sale at the lower of the carrying value or fair value less costs to sell.

Other Liabilities. Other liabilities include the following:



(In thousands)	June 30, 2013		September 30, 2012
Income tax liabilities	$	22,029	$	22,225
Accrued warranty expenses	13,445		15,477
Accrued interest	16,534		28,673
Accrued and deferred compensation	20,489		24,612
Customer deposits	13,724		8,830
Other	40,525		47,901
Total	$	126,746	$	147,718

Recent Accounting Pronouncements. In May 2011, the Financial Accounting Standard Board (FASB) issued ASU 2011-04, Fair Value Measurement (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs. ASU 2011-04 clarifies some existing concepts, eliminates wording differences between GAAP and International Financial Reporting Standards (IFRS), and in some limited cases, changes some principles to achieve convergence between GAAP and IFRS. ASU 2011-04 results in a consistent definition of fair value and common requirements for measurement of and disclosure about fair value between GAAP and IFRS. ASU 2011-04 also expands the disclosures for fair value measurements that are estimated using significant unobservable (Level 3) inputs. The adoption of ASU 2011-04 effective with our second quarter of fiscal 2012 did not have a material effect on our operating results or financial position.

- Definition

The entire disclosure for the organization, consolidation and basis of presentation of financial statements disclosure, and significant accounting policies of the reporting entity. May be provided in more than one note to the financial statements, as long as users are provided with an understanding of (1) the significant judgments and assumptions made by an enterprise in determining whether it must consolidate a VIE and/or disclose information about its involvement with a VIE, (2) the nature of restrictions on a consolidated VIE's assets reported by an enterprise in its statement of financial position, including the carrying amounts of such assets, (3) the nature of, and changes in, the risks associated with an enterprise's involvement with the VIE, and (4) how an enterprise's involvement with the VIE affects the enterprise's financial position, financial performance, and cash flows. Describes procedure if disclosures are provided in more than one note to the financial statements.

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Supplemental Cash Flow Information

9 Months Ended

Jun. 30, 2013

Supplemental Cash Flow Elements [Abstract]

Supplemental Cash Flow Information



	Nine Months Ended
	June 30,
(In thousands)	2013			2012
Supplemental disclosure of non-cash activity:
(Decrease) increase in obligations related to land not owned under option agreements	$	(1,883	)	$	640
Decrease in future land purchase rights	—			(11,651		)
Contribution of future land purchase rights to unconsolidated entities	—			11,651
Decrease in debt related to conversion of Mandatory Convertible Subordinated Notes and Tangible Equity Units for common stock	(9,402		)	(55,308		)
Contribution of pre-owned net assets for investment in unconsolidated entity	—			(19,670		)
Non-cash land acquisitions	—			7,813
Supplemental disclosure of cash activity:
Interest payments	92,742			109,691
Income tax payments	133			751
Tax refunds received	3,925			2,565

- Definition

The entire disclosure for supplemental cash flow activities, including cash, noncash, and part noncash transactions, for the period. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period.

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Investments in Unconsolidated Entities

9 Months Ended

Jun. 30, 2013

Equity Method Investments and Joint Ventures [Abstract]

Investments in Unconsolidated Joint Ventures

Investments in Unconsolidated Entities

As of June 30, 2013, we participated in certain land development joint ventures and other unconsolidated entities in which Beazer Homes had less than a controlling interest. The following table presents our investment in our unconsolidated entities, the total equity and outstanding borrowings of these unconsolidated entities, and our guarantees of these borrowings, as of June 30, 2013 and September 30, 2012:



(In thousands)	June 30, 2013		September 30, 2012
Beazer’s investment in unconsolidated entities	$	42,477	$	42,078
Total equity of unconsolidated entity	442,291		383,482
Total outstanding borrowings of unconsolidated entities	66,632		64,912
Beazer’s estimate of its maximum exposure to our repayment guarantees	—		696

For the three and nine months ended June 30, 2013 and 2012, our (loss) income from unconsolidated entity activities, the impairments of our investments in certain of our unconsolidated entities, and the overall equity in (loss) income of unconsolidated entities is as follows:



	Three Months Ended					Nine Months Ended
	June 30,					June 30,
(In thousands)	2013			2012		2013			2012
Continuing operations:
(Loss) income from unconsolidated entity activity	$	(129	)	$	48	$	(25	)	$	(25	)
Impairment of unconsolidated entity investment	(181		)	—		(181		)	—
Equity in (loss) income of unconsolidated entities - continuing operations	$	(310	)	$	48	$	(206	)	$	(25	)

South Edge/Inspirada

The Company holds a minority (less than 10%) interest in Inspirada Builders LLC which was formed in connection with the bankruptcy and subsequent plan of reorganization of the South Edge joint venture. During the quarter ended December 31, 2011, we paid $15.9 million in connection with this plan of reorganization. Our right to acquire land in Las Vegas, Nevada from Inspirada is a component of our investment. As such, we have recorded an investment in Inspirada, which includes the $11.7 million we previously estimated for our future right to purchase land and our cash contributions to the joint venture, primarily for organization costs. In addition to our initial payment, we, as a member of the Inspirada joint venture, will have obligations for a portion of future infrastructure and other development costs. At this time, these costs cannot be quantified due to, among other things, uncertainty over the future development configuration of the project and the related costs, market conditions, uncertainty over the remaining infrastructure costs and potential recoveries from previously filed bankruptcies of certain other South Edge members. In addition, there are uncertainties with respect to the location and density of the land we will receive as a result of our investment in Inspirada, the products we will build on such land and the estimated selling prices of such homes. Because there are uncertainties with respect to development costs, in future periods, we may be required to record adjustments to the carrying value of this Inspirada investment as better information becomes available.

Pre-Owned Rental Homes

Effective May 3, 2012, we contributed $0.3 million in cash and our Pre-Owned Homes business at cost, including 190 homes in Arizona and Nevada, of which 187 were leased, for an initial 23.5% equity method investment in an unconsolidated real estate investment trust (the REIT). After subsequent offerings by the REIT and as of June 30, 2013, we held a 15.14% investment in the REIT. The Company previously received grants of restricted units in the REIT, one-third of which vested prior to June 30, 2013. Our remaining unvested restricted units will vest as follows: 25% in May 2014, 25% in May 2015 and 50% upon the REIT's achievement of certain performance criteria. Vesting of the restricted units will increase our investment in the REIT to approximately 18% (assuming no other share issuances by the REIT).

Subsequent to the initial REIT offering, we entered into a transition services agreement with the REIT under which we agreed to provide interim Chief Financial Officer (CFO) and various back office and administrative support on an as needed basis. During the quarter ended June 30, 2013, the REIT hired a CFO. In the future, we may continue to provide services including treasury operations, cash management, accounting and financial reporting support, legal services, human resources support, environmental and safety services, and tax support on an as needed basis. Fees received related to the transition services agreement billed at our cost and recognized as other income were not material to our consolidated financial results.

Guarantees

Our land development joint ventures typically obtain secured acquisition, development and construction financing. Generally, Beazer and our land development joint venture partners provide varying levels of guarantees of debt and other obligations for these unconsolidated entities.

As of September 30, 2012, we had recorded $0.7 million in Other Liabilities related to one repayment guarantee. During the nine months ended June 30, 2013, we entered into a guarantee release agreement and paid $0.5 million to settle our liability and recognized the remaining $0.2 million as other income.

We and our joint venture partners generally provide unsecured environmental indemnities to land development joint venture project lenders. In each case, we have performed due diligence on potential environmental risks. These indemnities obligate us to reimburse the project lenders for claims related to environmental matters for which they are held responsible. During the three and nine months ended June 30, 2013 and 2012, we were not required to make any payments related to environmental indemnities.

In assessing the need to record a liability for the contingent aspect of these guarantees, we consider our historical experience in being required to perform under the guarantees, the fair value of the collateral underlying these guarantees and the financial condition of the applicable unconsolidated entities. In addition, we monitor the fair value of the collateral of these unconsolidated entities to ensure that the related borrowings do not exceed the specified percentage of the value of the property securing the borrowings. We have not recorded a liability for the contingent aspects of any guarantees that we determined were reasonably possible but not probable.

- Definition

The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group.

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Inventory

9 Months Ended

Jun. 30, 2013

Real Estate [Abstract]

Inventory



(In thousands)	June 30, 2013		September 30, 2012
Homes under construction	$	324,619	$	251,828
Development projects in progress	498,363		391,019
Land held for future development	341,995		367,102
Land held for sale	10,648		10,149
Capitalized interest	50,019		38,190
Model homes	39,468		40,844
Total owned inventory	$	1,265,112	$	1,099,132

Homes under construction includes homes finished and ready for delivery and homes in various stages of construction. We had 85 ($20.9 million) and 174 ($39.7 million) substantially completed homes that were not subject to a sales contract (spec homes at June 30, 2013 and September 30, 2012, respectively. Development projects in progress consist principally of land and land improvement costs. Certain of the fully developed lots in this category are reserved by a deposit or sales contract. Land held for future development consists of communities for which construction and development activities are expected to occur in the future or have been idled and are stated at cost unless facts and circumstances indicate that the carrying value of the assets may not be recoverable. All applicable interest and real estate taxes on land held for future development are expensed as incurred. Land held for sale in Unallocated and Other includes land held for sale in the markets we have decided to exit including Jacksonville, Florida, Charlotte, North Carolina and Detroit, Michigan. Total owned inventory, by reportable segment, is set forth in the table below:



(In thousands)	Projects in Progress		Held for Future Development		Land Held for Sale		Total Owned Inventory
June 30, 2013
West Segment	$	335,239	$	292,881	$	3,639	$	631,759
East Segment	325,765		25,493		2,195		353,453
Southeast Segment	173,784		23,621		2,096		199,501
Unallocated and Other	77,681		—		2,718		80,399
Total	$	912,469	$	341,995	$	10,648	$	1,265,112
September 30, 2012
West Segment	$	261,239	$	318,351	$	2,553	$	582,143
East Segment	279,954		25,130		3,204		308,288
Southeast Segment	118,853		23,621		1,675		144,149
Unallocated and Other	61,835		—		2,717		64,552
Total	$	721,881	$	367,102	$	10,149	$	1,099,132

Inventory Impairments. When conducting our community level review for the recoverability of our homebuilding inventories held for development, we establish a quarterly “watch list” of communities with more than 10 homes remaining that carry profit margins in backlog and in our forecast that are below a minimum threshold of profitability. Assets on the quarterly watch list are subject to substantial additional financial and operational analyses and review that consider the competitive environment and other factors contributing to profit margins below our threshold. For communities where the current competitive and market dynamics indicate that these factors may be other than temporary, which may call into question the recoverability of our investment, a formal impairment analysis is performed. The formal impairment analysis consists of both qualitative competitive market analyses and a quantitative analysis reflecting market and asset specific information.

As of June 30, 2013, there were no communities on our quarterly watch list and therefore we did not perform any impairment analyses for the quarter ended June 30, 2013.

In our impairment analyses for the quarter ended June 30, 2012, we assumed limited market improvements in some communities beginning in fiscal 2014 and continuing improvement in these communities in subsequent years. For any communities scheduled to close out in fiscal 2013, we did not assume any market improvements. The discount rate used may be different for each community and ranged from 14.6% to 16.3% for the quarter ended June 30, 2012. The following tables represent the results, by reportable segment, of our community level review of the recoverability of our inventory assets held for development as of June 30, 2012. We have elected to aggregate our disclosure at the reportable segment level because we believe this level of disclosure is most meaningful to the readers of our financial statements. The aggregate undiscounted cash flow fair value as a percentage of book value for the communities represented below is consistent with our expectations given our “watch list” methodology.



($ in thousands)		Undiscounted Cash Flow Analyses Prepared
Segment	# of Communities on Watch List	# of Communities	Pre-analysis Book Value (BV)		Aggregate Undiscounted Cash Flow as a % of BV
Quarter Ended June 30, 2012
West	5	1	$	6,196	81.3	%
East	4	1	7,144		57.1	%
Southeast	3	1	3,087		79.0	%
Unallocated	—	—	1,228		n/a
Total	12	3	$	17,655	72.4	%

There were no impairments recorded during the three and nine months ended June 30, 2013. The table below summarizes the results of our discounted cash flow analysis for the three and nine months ended June 30, 2012. The impairment charges below include impairments taken as a result of these discounted cash flow analyses and impairment charges recorded for individual homes sold and in backlog with net contribution margins below a minimum threshold of profitability in communities that were not otherwise impaired through our discounted cash flow analyses. The estimated fair value of the impaired inventory is determined immediately after a community’s impairment.



($ in thousands)	Communities Impaired As a Result of Discounted Cash Flow Analyses Prepared
Segment	# of Communities Impaired	# of Lots Impaired	Impairment Charge		Estimated Fair Value of Impaired Inventory at Period End		# of Communities Impaired	# of Lots Impaired	Impairment Charge		Estimated Fair Value of Impaired Inventory at Period End
Quarter Ended June 30, 2012							Nine Months Ended June 30, 2012
West	1	65	$	1,590	$	4,680	2	116	$	3,788	$	11,058
East	1	68	3,122		4,050		2	93	3,809		7,342
Southeast	1	37	630		2,457		1	37	794		2,457
Unallocated	—	—	389		—		—	—	473		—
Continuing Operations	3	170	$	5,731	$	11,187	5	246	8,864		20,857
Discontinued Operations	—	—	42		—		—	—	60		—
Total	3	170	$	5,773	$	11,187	5	246	$	8,924	$	20,857

Our assumptions about future home sales prices and absorption rates require significant judgment because the residential homebuilding industry is cyclical and is highly sensitive to changes in economic conditions. During the quarter ended June 30, 2012, for certain communities we determined that it was prudent to reduce sales prices or further increase sales incentives in response to factors, including competitive market conditions in those specific submarkets for the product and locations of these communities. Because the projected cash flows used to evaluate the fair value of inventory are significantly impacted by changes in market conditions, including decreased sales prices, the change in sales prices and changes in absorption estimates based on current market conditions and management’s assumptions relative to future results led to impairments in three communities during the quarter ended June 30, 2012. Market deterioration that exceeds our estimates may lead us to incur additional impairment charges on previously impaired homebuilding assets in addition to homebuilding assets not currently impaired but for which indicators of impairment may arise if markets deteriorate.

The impairments on land held for sale generally represent further write downs of these properties to net realizable value, less estimated costs to sell and are based on current market conditions and our review of recent comparable transactions at the applicable period end. For the nine months ended June 30, 2013, the land held for sale impairment in the Southeast Segment related to our decision to reposition one community in South Carolina to address consumer demand, including the decision to sell a portion of the lots in this community. Our assumptions about land sales prices require significant judgment because the current market is highly sensitive to changes in economic conditions. We calculated the estimated fair values of land held for sale based on current market conditions and assumptions made by management, which may differ materially from actual results and may result in additional impairments if market conditions deteriorate.

Also, we have determined the proper course of action with respect to a number of communities within each homebuilding segment was to not exercise certain options and to write-off the deposits securing the option takedowns and pre-acquisition costs, as applicable. In determining whether to abandon a lot option contract, we evaluate the lot option primarily based upon the expected cash flows from the property that is the subject of the option. If we intend to abandon or walk-away from a lot option contract, we record a charge to earnings in the period such decision is made for the deposit amount and any related capitalized costs associated with the lot option contract. Abandonment charges relate to our decision to abandon or not exercise certain option contracts that are not projected to produce adequate results or no longer fit in our long-term strategic plan.

The following table sets forth, by reportable homebuilding segment, the inventory impairments and lot option abandonment charges recorded for the three and nine months ended June 30, 2013 and 2012, as applicable:



	Three Months Ended June 30,				Nine Months Ended June 30,
(In thousands)	2013		2012		2013		2012
Development projects and homes in process (Held for Development)
West	$	—	$	1,590	$	46	$	3,788
East	—		3,122		13		3,809
Southeast	—		630		—		794
Unallocated	—		389		—		473
Subtotal	$	—	$	5,731	$	59	$	8,864
Land Held for Sale
West	$	—	$	—	$	—	$	—
East	—		—		—		—
Southeast	—		—		1,778		208
Subtotal	$	—	$	—	$	1,778	$	208
Lot Option Abandonments
West	$	—	$	19	$	104	$	191
East	—		10		20		574
Southeast	—		59		268		653
Unallocated	—		—		—		2
Subtotal	$	—	$	88	$	392	$	1,420
Continuing Operations	$	—	$	5,819	$	2,229	$	10,492
Discontinued Operations
Held for Development	$	—	$	42	$	—	$	60
Land Held for Sale	—		503		17		503
Lot Option Abandonments	—		—		—		16
Subtotal	$	—	$	545	$	17	$	579
Total Company	$	—	$	6,364	$	2,246	$	11,071

Lot Option Agreements and Variable Interest Entities (VIEs). As previously discussed, we also have access to land inventory through lot option contracts, which generally enable us to defer acquiring portions of properties owned by third parties and unconsolidated entities until we have determined whether to exercise our lot option. A majority of our lot option contracts require a non-refundable cash deposit or irrevocable letter of credit based on a percentage of the purchase price of the land for the right to acquire lots during a specified period of time at a certain price. Under lot option contracts, purchase of the properties is contingent upon satisfaction of certain requirements by us and the sellers. Our liability under option contracts is generally limited to forfeiture of the non-refundable deposits, letters of credit and other non-refundable amounts incurred. We expect to exercise, subject to market conditions and seller satisfaction of contract terms, most of our remaining option contracts. Various factors, some of which are beyond our control, such as market conditions, weather conditions and the timing of the completion of development activities, will have a significant impact on the timing of option exercises or whether lot options will be exercised.

For the VIEs in which we are the primary beneficiary, we have consolidated the VIE and reflected such assets and liabilities as land not owned under option agreements in our balance sheets. For VIEs we were required to consolidate, we recorded the remaining contractual purchase price under the applicable lot option agreement to land not owned under option agreements with an offsetting increase to obligations related to land not owned under option agreements. Also, to reflect the purchase price of this inventory consolidated, we present the related option deposits as land not owned under option agreement in the accompanying unaudited condensed consolidated balance sheets. Consolidation of these VIEs has no impact on the Company’s results of operations or cash flows.

The following provides a summary of our interests in lot option agreements as of June 30, 2013 and September 30, 2012:



(In thousands)	Deposits & Non-refundable Preacquisition Costs Incurred		Remaining Obligation		Land Not Owned Under Option Agreements
As of June 30, 2013
Consolidated VIEs	$	4,900	$	2,649	$	7,549
Other consolidated lot option agreements (a)	76		255		331
Unconsolidated lot option agreements	25,323		281,739		—
Total lot option agreements	$	30,299	$	284,643	$	7,880
As of September 30, 2012
Consolidated VIEs	$	7,203	$	3,346	$	10,549
Other consolidated lot option agreements (a)	430		1,441		1,871
Unconsolidated lot option agreements	17,290		193,711		—
Total lot option agreements	$	24,923	$	198,498	$	12,420


(a)	Represents lot option agreements with non-VIE entities that we have deemed to be “financing arrangements” pursuant to ASC 470-40, Product Financing Arrangements.

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

+ References+ Details

Interest

9 Months Ended

Jun. 30, 2013

Real Estate Inventory Capitalized Interest Costs [Abstract]

Interest

Our ability to capitalize all interest incurred during the three and nine months ended June 30, 2013 and 2012 has been limited by our inventory eligible for capitalization. The following table sets forth certain information regarding interest:



	Three Months Ended June 30,						Nine Months Ended June 30,
(In thousands)	2013			2012			2013			2012
Capitalized interest in inventory, beginning of period	$	45,501		$	47,242		$	38,190		$	45,973
Interest incurred	28,766			31,235			86,361			95,950
Capitalized interest impaired	—			(222		)	—			(275		)
Interest expense not qualified for capitalization and included as other expense	(14,252		)	(17,233		)	(46,709		)	(55,147		)
Capitalized interest amortized to house construction and land sales expenses	(9,996		)	(15,649		)	(27,823		)	(41,128		)
Capitalized interest in inventory, end of period	$	50,019		$	45,373		$	50,019		$	45,373

Earnings Per Share	9 Months Ended
Earnings Per Share	Jun. 30, 2013
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share In computing diluted loss per share for the three and nine ended June 30, 2013 and 2012, all common stock equivalents were excluded from the computation of diluted loss per share as a result of their anti-dilutive effect. For the quarter ended June 30, 2013, these excluded common stock equivalents included options/stock-settled appreciation rights (SSARs) to purchase 0.6 million shares of common stock and 8.1 million shares issuable upon the conversion of our Tangible Equity Unit (TEU) prepaid stock purchase contracts (based on the maximum potential shares upon conversion). During the nine months ended June 30, 2013, our stockholders approved the Company's proposal to amend our Amended and Restated Certificate of Incorporation to decrease the authorized number of shares of our common stock from 100 million to 63 million. Such decrease is reflected on our unaudited condensed consolidated balance sheet. During the quarter ended March 31, 2012, we exchanged 2.2 million shares of our common stock for $48.1 million of our Mandatory Convertible Subordinated Notes and 2.8 million shares of our common stock for 2.8 million TEUs comprised of prepaid stock purchase contracts and senior amortizing notes. During the quarter ended September 30, 2012, we issued an additional 4.6 million TEUs. As of June 30, 2013, there were 4.8 million TEUs outstanding (including $18.1 million of amortizing notes). In January 2013, we issued 0.4 million shares of our common stock upon conversion of the Mandatory Convertible Subordinated Notes. If the remaining TEU instruments were converted at the maximum settlement factor under their respective agreements, we would be required to issue approximately 8.1 million shares of common stock to the instrument holders upon conversion. See Note 7 below for additional information related to the March 2012 conversion transactions and July 2012 TEU issuance.

- Definition

The entire disclosure for earnings per share.

+ References+ Details

Borrowings

9 Months Ended

Jun. 30, 2013

Debt Disclosure [Abstract]

Borrowings

At June 30, 2013 and September 30, 2012 we had the following long-term debt, net of discounts:



(In thousands)	Maturity Date	June 30, 2013			September 30, 2012
6 7/8% Senior Notes	July 2015	$	—		$	172,454
8 1/8% Senior Notes	June 2016	172,879			172,879
6 5/8% Senior Secured Notes	April 2018	300,000			300,000
9 1/8% Senior Notes	June 2018	298,000			300,000
9 1/8% Senior Notes	May 2019	235,000			235,000
7 1/4% Senior Notes	February 2023	200,000			—
TEU Senior Amortizing Notes	August 2013	81			316
TEU Senior Amortizing Notes	August 2015	18,028			23,500
Unamortized debt discounts		(2,341		)	(3,082		)
Total Senior Notes, net		1,221,647			1,201,067
Mandatory Convertible Subordinated Notes	January 2013	—			9,402
Junior subordinated notes	July 2036	53,153			51,603
Cash Secured Loan	November 2017	222,368			227,368
Other secured notes payable	Various Dates	8,488			8,758
Total debt, net		$	1,505,656		$	1,498,198

Secured Revolving Credit Facility — In September 2012, we amended and expanded our Secured Revolving Credit Facility from $22 million to $150 million. The three-year Amended Secured Revolving Credit Facility provides for future working capital and letter of credit needs collateralized by substantially all of the Company's personal property (excluding cash and cash equivalents) and real property. This facility is subject to various financial, collateral-based and negative covenants with which we are required to comply. As of June 30, 2013, we were in compliance with all such covenants and had $150 million of available borrowings under the Secured Revolving Credit Facility. We have elected to cash collateralize all letters of credit; however, as of June 30, 2013, we have also pledged approximately $1 billion of inventory assets to our Secured Revolving Credit Facility to collateralize potential future borrowings or letters of credit. The Secured Revolving Credit Facility contains certain covenants, including negative covenants and financial maintenance covenants, with which we are required to comply. Subject to our option to cash collateralize our obligations under the Secured Revolving Credit Facility upon certain conditions, our obligations under the Secured Revolving Credit Facility are secured by liens on substantially all of our personal property and a significant portion of our owned real properties. There were no outstanding borrowings under the Secured Revolving Credit Facility as of June 30, 2013 or September 30, 2012.

We have entered into stand-alone, cash-secured letter of credit agreements with banks to maintain our pre-existing letters of credit and to provide for the issuance of new letters of credit. The letter of credit arrangements combined with our Secured Revolving Credit Facility provide a total letter of credit capacity of approximately $220.0 million. As of June 30, 2013 and September 30, 2012, we have letters of credit outstanding of $22.7 million and $24.7 million, respectively, which are secured by cash collateral in restricted accounts. The Company may enter into additional arrangements to provide additional letter of credit capacity.

Senior Notes — The majority of our Senior Notes are unsecured or secured obligations ranking pari passu with all other existing and future senior indebtedness. Substantially all of our significant subsidiaries are full and unconditional guarantors of the Senior Notes and are jointly and severally liable for obligations under the Senior Notes and the Secured Revolving Credit Facility. Each guarantor subsidiary is a 100% owned subsidiary of Beazer Homes.

The Company's Senior Notes are subject to indentures containing certain restrictive covenants which, among other things, restrict our ability to pay dividends, repurchase our common stock, incur additional indebtedness and to make certain investments. Specifically, all of our Senior Notes contain covenants that restrict our ability to incur additional indebtedness unless it is refinancing indebtedness or non-recourse indebtedness. The incurrence of refinancing indebtedness and non-recourse indebtedness, as defined in the applicable indentures, are exempted from the covenant test. As of June 30, 2013, we were not able to incur additional indebtedness, except refinancing or non-recourse indebtedness. Compliance with our Senior Note covenants does not significantly impact our operations. We were in compliance with the covenants contained in all of our Senior Notes as of June 30, 2013.

Our Senior Notes due 2016 (the 2016 Notes) contain the most restrictive covenants, including the consolidated tangible net worth covenant, which states that should consolidated tangible net worth fall below $85 million for two consecutive quarters, the Company is required to make an offer to purchase 10% of the 2016 Notes at par. If triggered and fully subscribed, this could result in our having to purchase $27.5 million of the 2016 Notes, which may be reduced by certain 2016 Note repurchases (potentially at less than par) made in the open market after the triggering date. As of June 30, 2013 our consolidated tangible net worth was $202.4 million, well in excess of the minimum covenant requirement.

In February 2013, we issued and sold $200 million aggregate principal amount of 7.25% Senior Notes due 2023 (the 2023 Notes) at par (before underwriting and other issuance costs) through a private placement to qualified institutional buyers. Interest on the 2023 Notes is payable semi-annually in cash in arrears, beginning August 1, 2013. The 2023 Notes will mature on February 1, 2023.

The 2023 Notes were issued under an Indenture, dated as February 1, 2013 (the Indenture) that contains covenants which, subject to certain exceptions, limit the ability of the Company and its restricted subsidiaries (as defined in the Indenture) to, among other things, incur additional indebtedness, including secured indebtedness, and make certain types of restricted payments. The Indenture contains customary events of default. Upon the occurrence of an event of default, payments on the 2023 Notes may be accelerated and become immediately due and payable. Upon a change of control (as defined in the Indenture), the Indenture requires us to make an offer to repurchase the 2023 Notes at 101% of their principal amount, plus accrued and unpaid interest.

We may redeem the 2023 Notes at any time prior to August 1, 2018, in whole or in part, at a redemption price equal to 100% of the principal amount, plus a customary make-whole premium, plus accrued and unpaid interest to the redemption date. In addition, at any time on or prior to August 1, 2016, we may redeem up to 35% of the aggregate principal amount of 2023 Notes with the proceeds of certain equity offerings at a redemption price equal to 107.250% of the principal amount of the 2023 Notes plus accrued and unpaid interest, if any, to the date fixed for redemption; provided, that at least 65% of the aggregate principal amount of the 2023 Notes originally issued under the Indenture remain outstanding after such redemption. On or after August 1, 2018, we may redeem some or all of the 2023 Notes at redemption prices set forth in the Indenture. These percentages range from 100.000% to 103.625%.

The 2023 Notes rank equally in right of payment with all of our existing and future senior unsecured obligations, senior to all of the Company's existing and future subordinated indebtedness and effectively subordinated to the Company's existing and future secured indebtedness, including indebtedness under our revolving credit facility and our 6.625% Senior Secured Notes due 2018, to the extent of the value of the assets securing such indebtedness. The 2023 Notes and related guarantees are structurally subordinated to all indebtedness and other liabilities of all of the Company's subsidiaries that do not guarantee the 2023 Notes. The 2023 Notes are fully and unconditionally guaranteed jointly and severally on a senior basis by the Company's wholly-owned subsidiaries party to the Indenture. In July 2013, we called for the exchange of the 2023 Notes for notes that will be freely transferable and registered under the Securities Act of 1933.

During the nine months ended June 30, 2013, we used a portion of the net cash proceeds from the 2023 Notes offering to redeem all of our outstanding 6.875% Senior Notes due 2015 (the 2015 Notes). The 2015 Notes were redeemed at 101.146% of the principal amount, plus accrued and unpaid interest. During the nine months ended June 30, 2013, we also repurchased $2 million of our outstanding 9.125% Senior Notes due 2018 in open market transactions. These transactions resulted in a loss on debt extinguishment of $3.6 million, net of unamortized discounts and debt issuance costs. All Senior Notes redeemed/repurchased by the Company were canceled.

Senior Notes: Tangible Equity Units — In July 2012, we issued 4.6 million 7.5% TEUs (the 2012 TEUs), which were comprised of prepaid stock purchase contracts (PSPs) and senior amortizing notes. As the two components of the TEUs are legally separate and detachable, we have accounted for the two components as separate items for financial reporting purposes and valued them based on their relative fair value at the date of issuance. The amortizing notes are unsecured senior obligations and rank equally with all of our other unsecured indebtedness. Outstanding notes pay quarterly installments of principal and interest through maturity. The PSPs were originally accounted for as equity (additional paid in capital) at the initial fair value of these contracts based on the relative fair value method. The PSPs related to these July 2012 TEUs are scheduled to be settled in Beazer Homes' common stock on July 15, 2015. If on that date, our common stock price is (1) at or below $14.50 per share, the PSPs will convert to 1.72414 shares per unit, (2) at or above $17.75 per share, the PSPs will convert to 1.40746 shares per unit or (3) between $14.50 and $17.75 per share, the PSPs will convert to a number of shares of our common stock equal to $25.00 divided by the applicable market value of our common stock.

During May 2010, we issued 3.0 million 7.25% TEUs (the 2010 TEUs). In March 2012, we exchanged 2.8 million shares of our common stock for 2.8 million 2010 TEUs (comprised of prepaid stock purchase contracts and $7.2 million of senior amortizing notes). Since our offer to convert the 2010 TEUs included a premium share component and was not pursuant to the instrument's original conversion terms, we accounted for the exchange as an induced conversion of the 2010 TEUs. We compared the fair value of the common stock issued to the fair value of the 2010 TEU instruments at the date of acceptance in order to determine the premium of the consideration. This premium was then allocated between the debt and equity components of the 2010 TEUs based on each components relative fair value. The difference between the implied fair value of the amortizing notes (including the premium allocation) and the carrying value of the amortizing notes was recognized as a loss on extinguishment of debt and totaled approximately $0.7 million. The remaining related PSPs issued in May 2010 will be settled in Beazer Homes’ common stock on August 15, 2013.

Mandatory Convertible Subordinated Notes — On January 12, 2010, we issued $57.5 million aggregate principal amount of 7 1/2% Mandatory Convertible Subordinated Notes due 2013 (the Mandatory Convertible Subordinated Notes). Interest on the Mandatory Convertible Subordinated Notes was payable quarterly in cash in arrears. Holders of the Mandatory Convertible Subordinated Notes had the right to convert their notes, in whole or in part, at any time prior to maturity, into shares of our common stock at a fixed conversion rate of 0.8909 shares per $25 principal amount of notes.

During the quarter ended March 31, 2012, we exchanged 2.2 million shares of our common stock for $48.1 million of our Mandatory Convertible Subordinated Notes. Since our offer to convert these notes included a premium share component, we accounted for the exchange as an induced conversion of these notes. We recognized a $2.0 million inducement expense equal to the fair value of the premium shares issued based on our common stock price as of the date of acceptance. This expense was included in loss on extinguishment of debt for the fiscal year ended September 30, 2012.

On January 15, 2013, the remaining $9.4 million of outstanding Mandatory Convertible Subordinated Notes converted into 0.4 million shares of the Company’s common stock in accordance with the notes' conversion provisions.

Junior Subordinated Notes — $103.1 million of unsecured junior subordinated notes mature on July 30, 2036, are redeemable at par and pay a fixed rate of 7.987% for the first ten years ending July 30, 2016. Thereafter, the securities have a variable interest rate as defined in the junior subordinated notes agreement. The obligations relating to these notes and the related securities are subordinated to our Secured Revolving Credit Facility and Senior Notes. In January 2010, we modified the terms of $75 million of these notes and recorded these notes at their estimated fair value. Over the remaining life of the notes, we will increase their carrying value until this carrying value equals the face value of the notes. As of June 30, 2013, the unamortized accretion was $47.6 million and will be amortized over the remaining life of the notes.

As of June 30, 2013, we were in compliance with all covenants under our Junior Notes.

Cash Secured Loans — We have entered into two separate loan facilities, totaling $222.4 million as of June 30, 2013. Borrowing under the cash secured loan facilities will replenish cash used to repay or repurchase the Company’s debt and would be considered “refinancing indebtedness” under certain of the Company’s existing indentures and debt covenants. However, because the loans are fully collateralized by cash equal to the loan amount, the loans do not provide liquidity to the Company.

The lenders of these facilities may put the outstanding loan balances to the Company in November 2014. The loan matures in November 2017. Borrowings under the facilities are fully secured by cash held by the lender or its affiliates. This secured cash is included in restricted cash on our unaudited condensed consolidated balance sheet as of June 30, 2013 and September 30, 2012. The cash secured loan has an interest rate equivalent to LIBOR plus 0.4% per annum which is paid every three months following the effective date of each borrowing. During the quarter ended September 30, 2012, we repaid $20 million of the outstanding cash secured term loan. Further, during the nine months ended June 30, 2013, we repaid $5 million of the outstanding cash secured term loan.

Other Secured Notes Payable — We periodically acquire land through the issuance of notes payable. As of June 30, 2013 and September 30, 2012, we had outstanding notes payable of $8.5 million and $8.8 million respectively, primarily related to land acquisitions. These notes payable have varying expiration dates between 2013 and 2019 and have a weighted average fixed rate of 3.91% at June 30, 2013. These notes are secured by the real estate to which they relate.

The agreements governing these secured notes payable contain various affirmative and negative covenants. There can be no assurance that we will be able to obtain any future waivers or amendments that may become necessary without significant additional cost or at all. In each instance, however, a covenant default can be cured by repayment of the indebtedness.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

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Income Taxes	9 Months Ended
Income Taxes	Jun. 30, 2013
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes For the three and nine months ended June 30, 2013, our non-cash tax benefit from continuing operations was $0.4 million and $1.0 million, respectively, primarily related to a decrease of our prior year's recognized tax benefits. As of June 30, 2013 and September 30, 2012, we had $2.5 million of accrued interest and penalties related to our unrecognized tax benefits. Our federal income tax returns for fiscal years 2007 through 2010 are under Internal Revenue Service (IRS) appeal. Certain state income tax returns for various fiscal years are under routine examination. The final outcome of these appeals and examinations are not yet determinable and therefore the change in our unrecognized tax benefits that could occur within the next 12 months cannot be estimated at this time. During fiscal 2008, we determined that we did not meet the more likely than not standard that substantially all of our deferred tax assets would be realized and therefore, we established a valuation allowance for substantially all of our deferred tax assets. Given the prolonged economic downturn affecting the homebuilding industry and the continued uncertainty regarding the recoverability of the remaining deferred tax assets, we continue to believe that a valuation allowance is needed for substantially all of our deferred tax assets. In future periods, the allowance could be modified based on sufficient evidence indicating that more likely than not a portion of our deferred tax assets will be realized. Changes in existing tax laws could also affect actual tax results and the valuation of deferred tax assets over time. Further, we experienced an “ownership change” as defined in Section 382 of the Internal Revenue Code (Section 382) as of January 12, 2010. Section 382 contains rules that limit the ability of a company that undergoes an “ownership change” to utilize its net operating loss (NOL) carryforwards and certain built-in losses or deductions recognized during the five-year period after the ownership change to offset future taxable income. Therefore, our ability to utilize our pre-ownership change NOL carryforwards and recognize certain built-in losses or deductions is limited by Section 382. Specifically, as of June 30, 2013, $87.4 million of our deferred tax asset was subject to annual recognition limitations under Section 382, of which an estimated maximum amount of $11.4 million ($4 million tax-effected) may be recognized annually. In addition, due to a combination of Section 382 limitations and the maximum 20-year carryforward of our NOLs, we will be unable to fully recognize certain deferred tax assets. As of June 30, 2013, our valuation allowance was $505.3 million. Upon the resumption of sustained profitability and the reversal of our valuation allowance, we currently expect to be able to utilize between $394.6 million and $453.6 million of our deferred tax asset for the reduction of future cash taxes. However, the actual realization of our deferred tax assets is difficult to predict and will be dependent on future events.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

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-Name Accounting Standards Codification

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-Section 50

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-Name Accounting Standards Codification

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-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-08.(h))

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-Name Regulation S-X (SX)

-Number 210

-Section 08

-Paragraph h

-Article 4

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-Name Accounting Standards Codification

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-Name Statement of Financial Accounting Standard (FAS)

-Number 109

-Paragraph 136, 172

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Contingencies

9 Months Ended

Jun. 30, 2013

Commitments and Contingencies Disclosure [Abstract]

Contingencies

Beazer Homes and certain of its subsidiaries have been and continue to be named as defendants in various construction defect claims, complaints and other legal actions. The Company is subject to the possibility of loss contingencies arising in its business. In determining loss contingencies, we consider the likelihood of loss as well as the ability to reasonably estimate the amount of such loss or liability. An estimated loss is recorded when it is considered probable that a liability has been incurred and when the amount of loss can be reasonably estimated.

Warranty Reserves. We currently provide a limited warranty (ranging from one to two years) covering workmanship and materials per our defined performance quality standards. In addition, we provide a limited warranty (generally ranging from a minimum of five years up to the period covered by the applicable statute of repose) covering only certain defined construction defects. We also provide a defined structural element warranty with single-family homes and townhomes in certain states.

We subcontract our homebuilding work to subcontractors whose contracts generally include an indemnity obligation and a requirement that certain minimum insurance requirements be met, including providing us with a certificate of insurance prior to receiving payments for their work. Therefore, many claims relating to workmanship and materials are the primary responsibility of the subcontractors.

Warranty reserves are included in other liabilities and the provision for warranty accruals is included in home construction and land sales expenses in the unaudited condensed consolidated financial statements. We record reserves covering anticipated warranty expense for each home closed. Management reviews the adequacy of warranty reserves each reporting period based on historical experience and management’s estimate of the costs to remediate the claims and adjusts these provisions accordingly. Our review includes a quarterly analysis of the historical data and trends in warranty expense by operating segment. An analysis by operating segment allows us to consider market specific factors such as our warranty experience, the number of home closings, the prices of homes, product mix and other data in estimating our warranty reserves. In addition, our analysis also contemplates the existence of any non-recurring or community-specific warranty related matters that might not be contemplated in our historical data and trends.

As a result of our quarterly analyses, we adjust our estimated warranty liabilities, if required. While we believe our warranty reserves are adequate as of June 30, 2013, historical data and trends may not accurately predict actual warranty costs or future developments could lead to a significant change in the reserve. Our warranty reserves are as follows:



	Three Months Ended						Nine Months Ended
	June 30,						June 30,
(In thousands)	2013			2012			2013			2012
Balance at beginning of period	$	13,601		$	16,133		$	15,477		$	17,916
Accruals for warranties issued	1,398			1,963			4,128			5,191
Changes in liability related to warranties existing in prior periods	256			(565		)	(1,483		)	(1,916		)
Payments made	(1,810		)	(1,497		)	(4,677		)	(5,157		)
Balance at end of period	$	13,445		$	16,034		$	13,445		$	16,034

Litigation

On June 3, 2009, Beazer Homes Corp., a wholly-owned subsidiary of the Company, was named as a defendant in a purported class action lawsuit in the Circuit Court for Lee County, State of Florida, filed by Bryson and Kimberly Royal, the owners of one of our homes in our Magnolia Lakes community in Ft. Myers, Florida. The complaint names the Company and certain distributors and suppliers of drywall and was on behalf of the named plaintiffs and other similarly situated owners of homes in Magnolia Lakes or alternatively in the State of Florida. The plaintiffs allege that the Company built their homes with defective drywall, manufactured in China, that contains sulfur compounds that allegedly corrode certain metals and that are allegedly capable of harming the health of individuals. Plaintiffs allege physical and economic damages and seek legal and equitable relief, medical monitoring and attorney's fees. This case has been transferred to the Eastern District of Louisiana pursuant to an order from the United States Judicial Panel on Multidistrict Litigation. In addition, the Company has been named in other multi-plaintiff complaints filed in the multidistrict litigation and individual state court actions. We believe that the claims asserted in these actions are governed by home warranties or are without merit. The Company has offered to repair all of these homes pursuant to a repair protocol that has been adopted by the multidistrict litigation court, including those homes involved in litigation. To date, the owners of all but two of the affected homes have accepted the Company's offer to repair. Furthermore, the Company has agreed to participate in a global class settlement with the plaintiff class counsel and numerous other defendants in the multidistrict litigation, which was approved by the Court on February 13, 2013. The class action settlement requires Beazer to make a settlement payment that is not material to our consolidated financial position or results of operations, and resolves all claims, including future claims, against Beazer related to Chinese drywall. The only exception would have been any claims by persons or entities that opted out of the settlement, but there were no opt outs by the Court’s deadline. The Company also continues to pursue recovery against responsible subcontractors, drywall suppliers and drywall manufacturers for its repair costs. As of June 30, 2013, we have recorded an immaterial amount related to our expected liability under the settlement.

As disclosed in prior SEC filings, we operated Beazer Mortgage Corporation (BMC) from 1998 through February 2008 to offer mortgage financing to buyers of our homes. BMC entered into various agreements with mortgage investors, pursuant to which BMC originated certain mortgage loans and ultimately sold these loans to investors. In general underwriting decisions were not made by BMC but by the investors themselves or third-party service providers. From time to time we have received claims from institutions which have acquired certain of these mortgages demanding damages or indemnity arising from BMC's activities or that we repurchase such mortgages. We have been able to resolve these claims for amounts that are not material to our consolidated financial position or results of operation. We currently have an insignificant number of such claims outstanding for which we believe we have no liability. However, we cannot rule out the potential for additional mortgage loan repurchase or indemnity claims in the future from other investors, although, at this time, we do not believe that the exposure related to any such claims would be material to our consolidated financial position or results of operations. As of June 30, 2013, no liability has been recorded for any such additional claims as such exposure is not both probable and reasonably estimable.

We cannot predict or determine the timing or final outcome of the lawsuits or the effect that any adverse findings or determinations in the pending lawsuits may have on us. In addition, an estimate of possible loss or range of loss, if any, cannot presently be made with respect to certain of the above pending matters. An unfavorable determination in any of the pending lawsuits could result in the payment by us of substantial monetary damages which may not be fully covered by insurance. Further, the legal costs associated with the lawsuits and the amount of time required to be spent by management and the Board of Directors on these matters, even if we are ultimately successful, could have a material adverse effect on our business, financial condition and results of operations.

Other Matters

As disclosed in our 2009 Form 10-K, on July 1, 2009, the Company announced that it had resolved the criminal and civil investigations by the United States Attorney’s Office in the Western District of North Carolina (the U.S. Attorney) and other state and federal agencies concerning matters that were the subject of the independent investigation, initiated in April 2007 by the Audit Committee of the Board of Directors (the Investigation) and concluded in May 2008. Under the terms of a deferred prosecution agreement (DPA), the Company’s liability for each of the fiscal years after 2010 through a portion of fiscal 2014 (unless extended as previously described in our 2009 Form 10-K) will be equal to 4% of the Company’s adjusted EBITDA (as defined in the DPA). The total amount of such obligations will be dependent on several factors; however, the maximum liability under the DPA and other settlement agreements discussed above will not exceed $55.0 million, of which $16.6 million has been paid as of June 30, 2013. Positive adjusted EBITDA in future years will require us to incur additional expense in the future.

In 2006, we received two Administrative Orders issued by the New Jersey Department of Environmental Protection. The Orders allege certain violations of wetlands disturbance permits and assess proposed fines of $630,000 and $678,000, respectively. We have met with the Department to discuss their concerns on the two affected communities and have requested hearings on both matters. Although we believe that we have significant defenses to the alleged violations, we have reached a settlement with the Department, through an Administrative Consent Order, for an amount that is not material to our consolidated financial position or results of operations.

We and certain of our subsidiaries have been named as defendants in various claims, complaints and other legal actions, most relating to construction defects, moisture intrusion and product liability. Certain of the liabilities resulting from these actions are covered in whole or part by insurance. In our opinion, based on our current assessment, the ultimate resolution of these matters will not have a material adverse effect on our financial condition, results of operations or cash flows.

We have accrued $16.9 million and $19.4 million in other liabilities related to litigation and other matters, excluding warranty, as of June 30, 2013 and September 30, 2012, respectively.

We had outstanding letters of credit and performance bonds of approximately $22.7 million and $160.6 million, respectively, at June 30, 2013 related principally to our obligations to local governments to construct roads and other improvements in various developments. We have no outstanding letters of credit relating to our land option contracts as of June 30, 2013.

- Definition

The entire disclosure for commitments and contingencies.

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+ Details

Fair Value Measurements

9 Months Ended

Jun. 30, 2013

Fair Value Disclosures [Abstract]

Fair Value Measurements

As of June 30, 2013, we had no assets or liabilities in our unaudited condensed consolidated balance sheets that were required to be measured at fair value on a recurring basis. Certain of our assets are required to be recorded at fair value on a non-recurring basis when events and circumstances indicate that the carrying value may not be recovered. We use a fair value hierarchy that requires us to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value as follows: Level 1 – Quoted prices in active markets for identical assets or liabilities; Level 2 – Inputs other than quoted prices included in Level 1 that are observable either directly or indirectly through corroboration with market data; Level 3 – Unobservable inputs that reflect our own estimates about the assumptions market participants would use in pricing the asset or liability.

As previously disclosed, we review our long-lived assets, including inventory, for recoverability when factors that indicate an impairment may exist, but no less than quarterly. Fair value is based on estimated cash flows discounted for market risks associated with the long-lived assets. The fair values of our investments in unconsolidated entities are determined primarily using a discounted cash flow model to value the underlying net assets of the respective entities. See Notes 1, 3 and 4 for additional information related to the fair value accounting for the assets listed above. Determining which hierarchical level an asset or liability falls within requires significant judgment. We evaluate our hierarchy disclosures each quarter.

The following table presents our assets measured at fair value on a non-recurring basis for each hierarchy level and represents only those assets whose carrying values were adjusted to fair value during the nine months ended June 30, 2013 and 2012:



(In thousands)	Level 1	Level 2	Level 3		Total
Nine Months Ended June 30, 2013
Land held for sale	—	—	$	2,013	$	2,013
Nine Months Ended June 30, 2012
Development projects in progress	—	—	$	20,857	$	20,857
Land held for sale	—	—	$	1,780	$	1,780

The fair value of our cash and cash equivalents, restricted cash, accounts receivable, trade accounts payable, other liabilities, cash secured loan and other secured notes payable approximate their carrying amounts due to the short maturity of these assets and liabilities.

Obligations related to land not owned under option agreements approximate fair value. The carrying values and estimated fair values of other financial assets and liabilities were as follows:



(In thousands)	As of June 30, 2013				As of September 30, 2012
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Senior Notes	$	1,221,707	$	1,270,003	$	1,201,067	$	1,228,745
Mandatory Convertible Subordinated Notes	—		—		9,402		7,465
Junior Subordinated Notes	53,153		53,153		51,603		51,603
	$	1,274,860	$	1,323,156	$	1,262,072	$	1,287,813

The estimated fair values shown above for our publicly-held Senior Notes and Mandatory Convertible Subordinated Notes have been determined using quoted market rates (Level 2). Since there is no trading market for our junior subordinated notes, the fair value of these notes is estimated by discounting scheduled cash flows through maturity (Level 3). The discount rate is estimated using market rates currently being offered on loans with similar terms and credit quality. Judgment is required in interpreting market data to develop these estimates of fair value. Accordingly, the estimates presented herein are not necessarily indicative of the amounts that we could realize in a current market exchange.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

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+ Details

Stock-based Compensation

9 Months Ended

Jun. 30, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-based Compensation

For the three and nine months ended June 30, 2013, our total stock-based compensation, included in general and administrative expenses (G&A), was approximately $0.6 million ($0.5 million net of tax) and $2.3 million ($1.8 million net of tax), respectively. The fair value of each option/stock-based stock appreciation right (SSAR) grant is estimated on the date of grant using the Black-Scholes option-pricing model. The fair value of each performance-based, nonvested stock grant is estimated on the date of grant using the Monte Carlo valuation method. The cash-settled component of any awards granted to employees are accounted for as a liability award and the liability is adjusted to fair value each reporting period until vested. Non-performance based, nonvested stock is valued based on the market price of the common stock on the date of the grant.

During the nine months ended June 30, 2013 and 2012, employees surrendered 6,147 and 12,553 shares, respectively, to us in payment of minimum tax obligations upon the vesting of stock awards under our stock incentive plans. We valued the stock at the market price on the date of surrender, for an aggregate value of approximately $121,000 and $34,000 for the nine months ended June 30, 2013 and 2012, respectively.

Stock Options: We used the following weighted-average assumptions for our options granted during the nine months ended June 30, 2013:



Expected life of options	5.0 years
Expected volatility	46.15		%
Expected discrete dividends	—
Weighted average risk-free interest rate	0.63		%
Weighted average fair value	$	5.48

We considered the historic returns of our stock and the implied volatility of our publicly-traded options in determining expected volatility. We assumed no dividends would be paid since our Board of Directors has suspended payment of dividends indefinitely and payment of dividends is restricted under our Senior Note covenants. The risk-free interest rate is based on the term structure of interest rates at the time of the option grant and we have relied upon a combination of the observed exercise behavior of our prior grants with similar characteristics, the vesting schedule of the current grants, and an index of peer companies with similar grant characteristics to determine the expected life of the options.

The intrinsic value of a stock option/SSAR is the amount by which the market value of the underlying stock exceeds the exercise price of the option/SSAR. At June 30, 2013, our SSAR/stock options outstanding had an intrinsic value of $1.4 million. The intrinsic value of SSARs/stock options vested and expected to vest in the future was $1.4 million. The SSARS/stock options vested and expected to vest in the future had a weighted average expected life of 2.7 years. The aggregate intrinsic value of exercisable SSARs/stock options as of June 30, 2013 was $0.2 million.

The following table summarizes stock options and SSARs outstanding as of June 30, 2013, as well as activity during the three and nine months then ended:



	Three Months Ended				Nine Months Ended
	June 30, 2013				June 30, 2013
	Shares		Weighted- Average Exercise Price		Shares		Weighted- Average Exercise Price
Outstanding at beginning of period	574,165		$	32.75	429,965		$	40.80
Granted	5,086		20.58		160,651		13.56
Exercised	(503	)	10.80		(608	)	10.80
Expired	—		—		(7,703	)	96.45
Forfeited	(763	)	12.56		(4,320	)	17.86
Outstanding at end of period	577,985		$	32.69	577,985		$	32.69
Exercisable at end of period	325,396		$	47.52	325,396		$	47.52
Vested or expected to vest in the future	574,752		$	32.79	574,752		$	32.79

Nonvested Stock Awards: Compensation cost arising from nonvested stock awards granted to employees is recognized as an expense using the straight-line method over the vesting period. As of June 30, 2013 and September 30, 2012, there was $1.4 million and $2.1 million, respectively, of total unrecognized compensation cost related to nonvested stock awards included in paid-in capital. The cost remaining at June 30, 2013 is expected to be recognized over a weighted average period of 1.3 years.

During the nine months ended June 30, 2013, we issued 31,532 shares of performance-based restricted stock (Performance Shares) to our executive officers and certain corporate employees. Each Performance Share represents a contingent right to receive one share of the Company’s common stock if vesting is satisfied at the end of the three-year performance period. The number of shares that will vest at the end of the three-year performance period will depend upon the level to which the following two performance criteria are achieved (1) Beazer’s total shareholder return (TSR) relative to a group of peer companies and (2) the compound annual growth rate (CAGR) during the three-year performance period of Beazer common stock. The target number of Performance Shares that vest may be increased by up to 50% based on the level of achievement of the above criteria as defined in the applicable award agreement. Payment for Performance Shares in excess of the target number (31,532) will be settled in cash. Any portion of the Performance Shares that do not vest at the end of the period will be forfeited. The grants of the performance-based, nonvested stock were valued using the Monte Carlo valuation method and had an estimated fair value of $5.02 per share, a portion of which is attributable to the potential cash-settled liability aspect of the grant which is included in Other Liabilities.

A Monte Carlo simulation model requires the following inputs: (1) expected dividend yield on the underlying stock, (2) expected price volatility of the underlying stock, (3) risk-free interest rate for the period corresponding with the expected term of the award and (4) fair value of the underlying stock. For the Company and each member of the peer group, the following inputs were used, as applicable, in the Monte Carlo simulation model to determine the fair value as of the grant date for the Performance Shares: 0% dividend yield for the Company, expected price volatility ranging from 35.6% to 60.4% and a risk-free interest rate of 0.34%. The methodology used to determine these assumptions is similar to that for the Black-Scholes Model used for stock option grants discussed above; however the expected term is determined by the model in the Monte Carlo simulation.

Activity relating to nonvested stock awards, including the Performance Shares for the three and nine months ended June 30, 2013 is as follows:



	Three Months Ended				Nine Months Ended
	June 30, 2013				June 30, 2013
	Shares		Weighted Average Grant Date Fair Value		Shares		Weighted Average Grant Date Fair Value
Beginning of period	374,753		$	18.19	323,335		$	19.61
Granted	6,104		20.58		99,413		10.95
Vested	(94,471	)	33.22		(126,124	)	27.59
Forfeited	(3,615	)	13.30		(13,853	)	13.92
End of period	282,771		$	13.29	282,771		$	13.29

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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Segment Information

9 Months Ended

Jun. 30, 2013

Segment Reporting [Abstract]

Segment Information

We have three homebuilding segments operating in 16 states. Beginning in the second quarter of fiscal 2011, through May 2, 2012, we operated our Pre-Owned Homes business in Arizona and Nevada. The results below include operating results of our Pre-Owned segment through May 2, 2012. Effective May 3, 2012, we contributed our Pre-Owned Homes business for an investment in an unconsolidated entity (see Note 3 for additional information). Revenues in our homebuilding segments are derived from the sale of homes which we construct and from land and lot sales. Revenues from our Pre-Owned segment were derived from the rental of previously owned homes purchased and improved by the Company. Our reportable segments have been determined on a basis that is used internally by management for evaluating segment performance and resource allocations. The reportable homebuilding segments and all other homebuilding operations, not required to be reported separately, include operations conducting business in the following states:

West: Arizona, California, Nevada and Texas

East: Delaware, Indiana, Maryland, New Jersey, New York, Pennsylvania, Tennessee (Nashville) and Virginia

Southeast: Florida, Georgia, North Carolina (Raleigh) and South Carolina

Management’s evaluation of segment performance is based on segment operating income. Operating income for our homebuilding segments is defined as homebuilding, land sale and other revenues less home construction, land development and land sales expense, commission expense, depreciation and amortization and certain general and administrative expenses which are incurred by or allocated to our homebuilding segments. Operating income for our Pre-Owned segment was historically defined as rental revenues less home repairs and operating expenses, home sales expense, depreciation and amortization and certain general and administrative expenses which are incurred by or allocated to the segment. The accounting policies of our segments are those described in Note 1 above and Note 1 to our consolidated financial statements in our 2012 Annual Report.



	Three Months Ended				Nine Months Ended
	June 30,				June 30,
(In thousands)	2013		2012		2013		2012
Revenue
West	$	133,519	$	99,092	$	362,641	$	247,726
East	111,556		98,930		325,224		255,940
Southeast	69,364		56,328		161,378		129,966
Pre-Owned	—		205		—		1,114
Continuing Operations	$	314,439	$	254,555	$	849,243	$	634,746



	Three Months Ended						Nine Months Ended
	June 30,						June 30,
(In thousands)	2013			2012			2013			2012
Operating income/(loss)
West	$	15,313		$	2,719		$	33,716		$	5,505
East	7,714			197			24,215			344
Southeast	7,644			3,339			12,024			5,304
Pre-Owned	—			(29		)	—			(229		)
Segment total	30,671			6,226			69,955			10,924
Corporate and unallocated (a)	(22,199		)	(27,381		)	(64,773		)	(66,472		)
Total operating income (loss)	8,472			(21,155		)	5,182			(55,548		)
Equity in (loss) income of unconsolidated entities	(310		)	48			(206		)	(25		)
Loss on extinguishment of debt	—			—			(3,638		)	(2,747		)
Other expense, net	(14,036		)	(16,804		)	(45,858		)	(53,342		)
Loss from continuing operations before income taxes	$	(5,874	)	$	(37,911	)	$	(44,520	)	$	(111,662	)



	Three Months Ended				Nine Months Ended
	June 30,				June 30,
(In thousands)	2013		2012		2013		2012
Depreciation and amortization
West	$	1,263	$	1,685	$	3,470	$	3,555
East	750		728		2,333		2,038
Southeast	411		486		1,068		1,199
Pre-Owned	—		57		—		330
Segment total	2,424		2,956		6,871		7,122
Corporate and unallocated (a)	529		787		1,890		2,214
Continuing Operations	$	2,953	$	3,743	$	8,761	$	9,336



	Nine Months Ended
	June 30,
(In thousands)	2013		2012
Capital Expenditures
West	$	2,979	$	2,131
East	881		2,890
Southeast	1,087		1,620
Pre-Owned (b)	—		7,932
Corporate and unallocated	1,625		544
Consolidated total	$	6,572	$	15,117



(In thousands)	June 30, 2013		September 30, 2012
Assets
West	$	663,865	$	618,805
East	364,753		320,404
Southeast	212,340		160,868
Corporate and unallocated (c)	701,959		882,141
Consolidated total	$	1,942,917	$	1,982,218

(a)

Corporate and unallocated includes amortization of capitalized interest and numerous shared services functions that benefit all segments, the costs of which are not allocated to the operating segments reported above including information technology, national sourcing and purchasing, treasury, corporate finance, legal, branding and other national marketing costs. For the nine months ended June 30, 2012, corporate and unallocated also includes an $11 million recovery related to old water intrusion warranty and related legal expenditures.


(b)	Capital expenditures represent the purchase of previously owned homes during the nine months ended June 30, 2012.


(c)	Primarily consists of cash and cash equivalents, consolidated inventory not owned, deferred taxes, capitalized interest and other items that are not allocated to the segments.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

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-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599

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-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 131

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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+ Details

Supplemental Guarantor Information

9 Months Ended

Jun. 30, 2013

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Supplemental Guarantor information

Supplemental Guarantor Information

As discussed in Note 7, our obligations to pay principal, premium, if any, and interest under certain debt are guaranteed on a joint and several basis by substantially all of our subsidiaries. Certain of our immaterial subsidiaries do not guarantee our Senior Notes or our Secured Revolving Credit Facility. The guarantees are full and unconditional and the guarantor subsidiaries are 100% owned by Beazer Homes USA, Inc.



	Beazer Homes USA, Inc.		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Consolidating Adjustments			Consolidated Beazer Homes USA, Inc.
ASSETS
Cash and cash equivalents	$	295,769	$	5,729	$	888	$	(4,040	)	$	298,346
Restricted cash	245,651		362		—		—			246,013
Accounts receivable (net of allowance of $2,045)	—		26,059		7		—			26,066
Income tax receivable	3,080		—		—		—			3,080
Land not owned under option agreements	—		1,265,112		—		—			1,265,112
Consolidated inventory not owned	—		7,880		—		—			7,880
Investments in unconsolidated entities	773		41,704		—		—			42,477
Deferred tax assets, net	7,076		—		—		—			7,076
Property, plant and equipment, net	—		16,734		—		—			16,734
Investments in subsidiaries	93,173		—		—		(93,173		)	—
Intercompany	1,096,356		—		2,771		(1,099,127		)	—
Other assets	21,260		7,693		1,180		—			30,133
Total assets	$	1,763,138	$	1,371,273	$	4,846	$	(1,196,340	)	$	1,942,917
LIABILITIES AND STOCKHOLDERS’ EQUITY
Trade accounts payable	$	—	$	79,625	$	—	$	—		$	79,625
Other liabilities	36,911		88,426		1,409		—			126,746
Intercompany	1,073		1,102,094		—		(1,103,167		)	—
Obligations related to land not owned under option agreements	—		2,904		—		—			2,904
Total debt (net of discounts of $2,341)	1,497,168		8,488		—		—			1,505,656
Total liabilities	1,535,152		1,281,537		1,409		$	(1,103,167	)	1,714,931
Stockholders’ equity	227,986		89,736		3,437		(93,173		)	227,986
Total liabilities and stockholders’ equity	$	1,763,138	$	1,371,273	$	4,846	$	(1,196,340	)	$	1,942,917



	Beazer Homes USA, Inc.		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Consolidating Adjustments			Consolidated Beazer Homes USA, Inc.
ASSETS
Cash and cash equivalents	$	481,394	$	8,215	$	646	$	(2,460	)	$	487,795
Restricted cash	252,900		360		—		—			253,260
Accounts receivable (net of allowance of $2,235)	—		24,594		5		—			24,599
Income tax receivable	6,372		—		—		—			6,372
Owned inventory	—		1,099,132		—		—			1,099,132
Land not owned under option agreements	—		12,420		—		—			12,420
Investments in unconsolidated entities	773		41,305		—		—			42,078
Deferred tax assets, net	6,848		—		—		—			6,848
Property, plant and equipment, net	—		18,974		—		—			18,974
Investments in subsidiaries	63,120		—		—		(63,120		)	—
Intercompany	969,425		—		3,001		(972,426		)	—
Other assets	21,307		7,783		1,650		—			30,740
Total assets	$	1,802,139	$	1,212,783	$	5,302	$	(1,038,006	)	$	1,982,218
LIABILITIES AND STOCKHOLDERS’ EQUITY
Trade accounts payable	$	—	$	69,268	$	—	$	—		$	69,268
Other liabilities	49,354		96,389		1,975		—			147,718
Intercompany	1,098		973,788		—		(974,886		)	—
Obligations related to land not owned under option agreements	—		4,787		—		—			4,787
Total debt (net of discounts of $3,082)	1,489,440		8,758		—		—			1,498,198
Total liabilities	1,539,892		1,152,990		1,975		$	(974,886	)	1,719,971
Stockholders’ equity	262,247		59,793		3,327		(63,120		)	262,247
Total liabilities and stockholders’ equity	$	1,802,139	$	1,212,783	$	5,302	$	(1,038,006	)	$	1,982,218

Beazer Homes USA, Inc.

Unaudited Consolidating Statement of Operations Information

(In thousands)



	Beazer Homes USA, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated Beazer Homes USA, Inc.
Three Months Ended June 30, 2013
Total revenue	$	—		$	314,439		$	173		$	(173	)	$	314,439
Home construction and land sales expenses	9,996			250,501			—			(173		)	260,324
Gross (loss) profit	(9,996		)	63,938			173			—			54,115
Commissions	—			13,078			—			—			13,078
General and administrative expenses	—			29,570			42			—			29,612
Depreciation and amortization	—			2,953			—			—			2,953
Operating (loss) income	(9,996		)	18,337			131			—			8,472
Equity in loss of unconsolidated entities	—			(310		)	—			—			(310		)
Other (expense) income, net	(14,252		)	211			5			—			(14,036		)
(Loss) income before income taxes	(24,248		)	18,238			136			—			(5,874		)
(Benefit from) provision for income taxes	(1,937		)	1,457			48			—			(432		)
Equity in income of subsidiaries	16,869			—			—			(16,869		)	—
(Loss) income from continuing operations	(5,442		)	16,781			88			(16,869		)	(5,442		)
Loss from discontinued operations	—			(344		)	(2		)	—			(346		)
Equity in loss of subsidiaries	(346		)	—			—			346			—
Net (loss) income	$	(5,788	)	$	16,437		$	86		$	(16,523	)	$	(5,788	)
	Beazer Homes USA, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated Beazer Homes USA, Inc.
Three Months Ended June 30, 2012
Total revenue	$	—		$	254,555		$	240		$	(240	)	$	254,555
Home construction and land sales expenses	15,649			212,096			—			(240		)	227,505
Inventory impairments and option contract abandonments	222			5,597			—			—			5,819
Gross (loss) profit	(15,871		)	36,862			240			—			21,231
Commissions	—			10,776			—			—			10,776
General and administrative expenses	—			27,840			27			—			27,867
Depreciation and amortization	—			3,743			—			—			3,743
Operating (loss) income	(15,871		)	(5,497		)	213			—			(21,155		)
Equity in income of unconsolidated entities	—			48			—			—			48
Other (expense) income, net	(17,233		)	414			15			—			(16,804		)
(Loss) income before income taxes	(33,104		)	(5,035		)	228			—			(37,911		)
(Benefit from) provision for income taxes	(12,868		)	12,936			77			—			145
Equity in (loss) income of subsidiaries	(17,820		)	—			—			17,820			—
(Loss) income from continuing operations	(38,056		)	(17,971		)	151			17,820			(38,056		)
Loss from discontinued operations	—			(1,820		)	(8		)	—			(1,828		)
Equity in loss of subsidiaries	(1,828		)	—			—			1,828			—
Net (loss) income	$	(39,884	)	$	(19,791	)	$	143		$	19,648		$	(39,884	)

Beazer Homes USA, Inc.

Unaudited Consolidating Statement of Operations Information

(In thousands)



	Beazer Homes USA, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated Beazer Homes USA, Inc.
Nine Months Ended June 30, 2013
Total revenue	$	—		$	849,243		$	563		$	(563	)	$	849,243
Home construction and land sales expenses	27,823			685,670			—			(563		)	712,930
Inventory impairments and option contract abandonments	—			2,229			—			—			2,229
Gross (loss) profit	(27,823		)	161,344			563			—			134,084
Commissions	—			35,406			—			—			35,406
General and administrative expenses	—			84,633			102			—			84,735
Depreciation and amortization	—			8,761			—			—			8,761
Operating (loss) income	(27,823		)	32,544			461			—			5,182
Equity in loss of unconsolidated entities	—			(206		)	—			—			(206		)
Loss on extinguishment of debt	(3,638		)	—			—			—			(3,638		)
Other (expense) income, net	(46,709		)	839			12			—			(45,858		)
(Loss) income before income taxes	(78,170		)	33,177			473			—			(44,520		)
(Benefit from) provision for income taxes	(2,074		)	880			166			—			(1,028		)
Equity in income of subsidiaries	32,604			—			—			(32,604		)	—
(Loss) income from continuing operations	(43,492		)	32,297			307			(32,604		)	(43,492		)
(Loss) income from discontinued operations	—			(2,354		)	30			—			(2,324		)
Equity in loss of subsidiaries	(2,324		)	—			—			2,324			—
Net (loss) income	$	(45,816	)	$	29,943		$	337		$	(30,280	)	$	(45,816	)
	Beazer Homes USA, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated Beazer Homes USA, Inc.
Nine Months Ended June 30, 2012
Total revenue	$	—		$	634,746		$	701		$	(701	)	$	634,746
Home construction and land sales expenses	41,128			520,137			—			(701		)	560,564
Inventory impairments and option contract abandonments	275			10,217			—			—			10,492
Gross (loss) profit	(41,403		)	104,392			701			—			63,690
Commissions	—			27,522			—			—			27,522
General and administrative expenses	—			82,291			89			—			82,380
Depreciation and amortization	—			9,336			—			—			9,336
Operating (loss) income	(41,403		)	(14,757		)	612			—			(55,548		)
Equity in loss of unconsolidated entities	—			(25		)	—			—			(25		)
Loss on extinguishment of debt	(2,747		)	—			—			—			(2,747		)
Other (expense) income, net	(55,147		)	1,780			25			—			(53,342		)
(Loss) income before income taxes	(99,297		)	(13,002		)	637			—			(111,662		)
(Benefit from) provision for income taxes	(38,597		)	1,936			223			—			(36,438		)
Equity in (loss) income of subsidiaries	(14,524		)	—			—			14,524			—
(Loss) income from continuing operations	(75,224		)	(14,938		)	414			14,524			(75,224		)
Loss from discontinued operations	—			(3,858		)	(11		)	—			(3,869		)
Equity in loss of subsidiaries	(3,869		)	—			—			3,869			—
Net (loss) income	$	(79,093	)	$	(18,796	)	$	403		$	18,393		$	(79,093	)



	Beazer Homes USA, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated Beazer Homes USA, Inc.
Nine Months Ended June 30, 2013
Net cash (used in) provided by operating activities	$	(53,663	)	$	(144,770	)	$	239		$	—		$	(198,194	)
Cash flows from investing activities:
Capital expenditures	—			(6,572		)	—			—			(6,572		)
Investments in unconsolidated entities	—			(1,374		)	—			—			(1,374		)
Return of capital from unconsolidated entities	—			432			—			—			432
Increases in restricted cash	(1,237		)	(551		)	—			—			(1,788		)
Decreases in restricted cash	8,487			548			—			—			9,035
Net cash provided by (used in) investing activities	7,250			(7,517		)	—			—			(267		)
Cash flows from financing activities:
Repayment of debt	(185,161		)	(270		)	—			—			(185,431		)
Proceeds from issuance of new debt	200,000			—			—			—			200,000
Settlement of unconsolidated entity debt obligations	—			(500		)	—			—			(500		)
Debt issuance costs	(4,935		)	—			—			—			(4,935		)
Advances to/from subsidiaries	(148,994		)	150,571			3			(1,580		)	—
Payments for other financing activities	(122		)	—			—			—			(122		)
Net cash (used in) provided by financing activities	(139,212		)	149,801			3			(1,580		)	9,012
(Decrease) increase in cash and cash equivalents	(185,625		)	(2,486		)	242			(1,580		)	(189,449		)
Cash and cash equivalents at beginning of period	481,394			8,215			646			(2,460		)	487,795
Cash and cash equivalents at end of period	$	295,769		$	5,729		$	888		$	(4,040	)	$	298,346
	Beazer Homes USA, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated Beazer Homes USA, Inc.
Nine Months Ended June 30, 2012
Net cash (used in) provided by operating activities	$	(109,339	)	$	2,225		$	702		$	—		$	(106,412	)
Cash flows from investing activities:
Capital expenditures	—			(15,117		)	—			—			(15,117		)
Investments in unconsolidated entities	—			(2,075		)	—			—			(2,075		)
Return of capital from unconsolidated entities	—			440			—			—			440
Increases in restricted cash	(645		)	(1,034		)	—			—			(1,679		)
Decreases in restricted cash	5,878			1,077			—			—			6,955
Net cash provided by (used in) investing activities	5,233			(16,709		)	—			—			(11,476		)
Cash flows from financing activities:
Repayment of debt	(2,460		)	(909		)	—			—			(3,369		)
Settlement of unconsolidated entity obligations	(15,862		)	—			—			—			(15,862		)
Debt issuance costs	(274		)	—			—			—			(274		)
Equity issuance costs	(1,296		)	—			—			—			(1,296		)
Dividends paid	(1,800		)	—			1,800			—			—
Advances to/from subsidiaries	(9,202		)	11,527			(1,847		)	(478		)	—
Payments for other financing activities	(98		)	—			—			—			(98		)
Net cash (used in) provided by financing activities	(30,992		)	10,618			(47		)	(478		)	(20,899		)
(Decrease) increase in cash and cash equivalents	(135,098		)	(3,866		)	655			(478		)	(138,787		)
Cash and cash equivalents at beginning of period	360,723			10,488			418			(1,226		)	370,403
Cash and cash equivalents at end of period	$	225,625		$	6,622		$	1,073		$	(1,704	)	$	231,616

Discontinued Operations

9 Months Ended

Jun. 30, 2013

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

We continually review each of our markets in order to refine our overall investment strategy and to optimize capital and resource allocations in an effort to enhance our financial position and to increase shareholder value. This review entails an evaluation of both external market factors and our position in each market and over time has resulted in the decision to discontinue certain of our homebuilding operations.

We have classified the results of operations of our discontinued operations in the accompanying unaudited condensed consolidated statements of operations for all periods presented. There were no material assets or liabilities related to our discontinued operations as of June 30, 2013 or September 30, 2012. Discontinued operations were not segregated in the unaudited condensed consolidated statements of cash flows. Therefore, amounts for certain captions in the unaudited condensed consolidated statements of cash flows will not agree with the respective data in the unaudited condensed consolidated statements of operations. The results of our discontinued operations in the unaudited condensed consolidated statements of operations for the three and nine months ended June 30, 2013 and 2012 were as follows:



	Three Months Ended						Nine Months Ended
	June 30,						June 30,
(In thousands)	2013			2012			2013			2012
Total revenue	$	—		$	2,207		$	288		$	5,681
Home construction and land sales expenses	37			2,509			(29		)	5,444
Inventory impairments and lot option abandonments	—			545			17			579
Gross (loss) profit	(37		)	(847		)	300			(342		)
Commissions	—			46			—			217
General and administrative expenses	346			919			2,761			3,636
Depreciation and amortization	—			10			—			35
Operating loss	(383		)	(1,822		)	(2,461		)	(4,230		)
Other (loss) income, net	(1		)	(1		)	68			(47		)
Loss from discontinued operations before income taxes	(384		)	(1,823		)	(2,393		)	(4,277		)
(Benefit from) provision for income taxes	(38		)	5			(69		)	(408		)
Loss from discontinued operations, net of tax	$	(346	)	$	(1,828	)	$	(2,324	)	$	(3,869	)

- Definition

The entire disclosure for the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations).

+ References

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-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 144

-Paragraph 43-48

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Jun. 30, 2013
Accounting Policies [Abstract]
Inventory Valuation	Inventory Valuation — We assess our inventory assets no less than quarterly for recoverability in accordance with the policies as described in Notes 1 and 4 to the consolidated financial statements in our 2012 Annual Report. Our homebuilding inventories that are accounted for as held for development include land and home construction assets grouped together as communities. Homebuilding inventories held for development are stated at cost (including direct construction costs, capitalized indirect costs, capitalized interest and real estate taxes) unless facts and circumstances indicate that the carrying value of the assets may not be recoverable. For those communities for which construction and development activities are expected to occur in the future or have been idled (land held for future development), all applicable interest and real estate taxes are expensed as incurred and the inventory is stated at cost unless facts and circumstances indicate that the carrying value of the assets may not be recoverable. We record assets held for sale at the lower of the carrying value or fair value less costs to sell.
Recent Accounting Pronouncements	Recent Accounting Pronouncements. In May 2011, the Financial Accounting Standard Board (FASB) issued ASU 2011-04, Fair Value Measurement (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs. ASU 2011-04 clarifies some existing concepts, eliminates wording differences between GAAP and International Financial Reporting Standards (IFRS), and in some limited cases, changes some principles to achieve convergence between GAAP and IFRS. ASU 2011-04 results in a consistent definition of fair value and common requirements for measurement of and disclosure about fair value between GAAP and IFRS. ASU 2011-04 also expands the disclosures for fair value measurements that are estimated using significant unobservable (Level 3) inputs. The adoption of ASU 2011-04 effective with our second quarter of fiscal 2012 did not have a material effect on our operating results or financial position.

- Definition

Disclosure of accounting policy for major classes of inventories, bases of stating inventories (for example, lower of cost or market), methods by which amounts are added and removed from inventory classes (for example, FIFO, LIFO, or average cost), loss recognition on impairment of inventories, and situations in which inventories are stated above cost. If inventory is carried at cost, this disclosure includes the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

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-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 6

-Subparagraph a

-Article 5

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-Name Accounting Research Bulletin (ARB)

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-Publisher AICPA

-Name Statement of Position (SOP)

-Number 81-1

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Reference 11: http://www.xbrl.org/2003/role/presentationRef

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+ Details

Supplemental Cash Flow Information (Tables)

9 Months Ended

Jun. 30, 2013

Supplemental Cash Flow Elements [Abstract]

Supplemental disclosure of non-cash activity



	Nine Months Ended
	June 30,
(In thousands)	2013			2012
Supplemental disclosure of non-cash activity:
(Decrease) increase in obligations related to land not owned under option agreements	$	(1,883	)	$	640
Decrease in future land purchase rights	—			(11,651		)
Contribution of future land purchase rights to unconsolidated entities	—			11,651
Decrease in debt related to conversion of Mandatory Convertible Subordinated Notes and Tangible Equity Units for common stock	(9,402		)	(55,308		)
Contribution of pre-owned net assets for investment in unconsolidated entity	—			(19,670		)
Non-cash land acquisitions	—			7,813
Supplemental disclosure of cash activity:
Interest payments	92,742			109,691
Income tax payments	133			751
Tax refunds received	3,925			2,565

Investments in Unconsolidated Joint Ventures (Tables)

9 Months Ended

Jun. 30, 2013

Equity Method Investments and Joint Ventures [Abstract]

Investments in unconsolidated joint ventures, total equity and outstanding borrowings

The following table presents our investment in our unconsolidated entities, the total equity and outstanding borrowings of these unconsolidated entities, and our guarantees of these borrowings, as of June 30, 2013 and September 30, 2012:



(In thousands)	June 30, 2013		September 30, 2012
Beazer’s investment in unconsolidated entities	$	42,477	$	42,078
Total equity of unconsolidated entity	442,291		383,482
Total outstanding borrowings of unconsolidated entities	66,632		64,912
Beazer’s estimate of its maximum exposure to our repayment guarantees	—		696



	Three Months Ended					Nine Months Ended
	June 30,					June 30,
(In thousands)	2013			2012		2013			2012
Continuing operations:
(Loss) income from unconsolidated entity activity	$	(129	)	$	48	$	(25	)	$	(25	)
Impairment of unconsolidated entity investment	(181		)	—		(181		)	—
Equity in (loss) income of unconsolidated entities - continuing operations	$	(310	)	$	48	$	(206	)	$	(25	)

- Definition

Tabular disclosure of equity method investments in common stock. The disclosure may include: (a) the name of each investee or group of investments for which combined disclosure is appropriate, (2) the percentage ownership of common stock, (3) the difference, if any, between the carrying amount of an investment and the value of the underlying equity in the net assets and the accounting treatment of difference, if any, and (4) the aggregate value of each identified investment based on its quoted market price, if available.

+ References+ Details

Inventory (Tables)

9 Months Ended

Jun. 30, 2013

Real Estate [Abstract]

Schedule of Inventory



(In thousands)	June 30, 2013		September 30, 2012
Homes under construction	$	324,619	$	251,828
Development projects in progress	498,363		391,019
Land held for future development	341,995		367,102
Land held for sale	10,648		10,149
Capitalized interest	50,019		38,190
Model homes	39,468		40,844
Total owned inventory	$	1,265,112	$	1,099,132

Schedule of Total Owned Inventory, by Segment

Total owned inventory, by reportable segment, is set forth in the table below:



(In thousands)	Projects in Progress		Held for Future Development		Land Held for Sale		Total Owned Inventory
June 30, 2013
West Segment	$	335,239	$	292,881	$	3,639	$	631,759
East Segment	325,765		25,493		2,195		353,453
Southeast Segment	173,784		23,621		2,096		199,501
Unallocated and Other	77,681		—		2,718		80,399
Total	$	912,469	$	341,995	$	10,648	$	1,265,112
September 30, 2012
West Segment	$	261,239	$	318,351	$	2,553	$	582,143
East Segment	279,954		25,130		3,204		308,288
Southeast Segment	118,853		23,621		1,675		144,149
Unallocated and Other	61,835		—		2,717		64,552
Total	$	721,881	$	367,102	$	10,149	$	1,099,132

Recoverability Schedule of Inventory assets Held for Development, by Reportable Segment

The following tables represent the results, by reportable segment, of our community level review of the recoverability of our inventory assets held for development as of June 30, 2012. We have elected to aggregate our disclosure at the reportable segment level because we believe this level of disclosure is most meaningful to the readers of our financial statements. The aggregate undiscounted cash flow fair value as a percentage of book value for the communities represented below is consistent with our expectations given our “watch list” methodology.



($ in thousands)		Undiscounted Cash Flow Analyses Prepared
Segment	# of Communities on Watch List	# of Communities	Pre-analysis Book Value (BV)		Aggregate Undiscounted Cash Flow as a % of BV
Quarter Ended June 30, 2012
West	5	1	$	6,196	81.3	%
East	4	1	7,144		57.1	%
Southeast	3	1	3,087		79.0	%
Unallocated	—	—	1,228		n/a
Total	12	3	$	17,655	72.4	%

Summary of Discounted Cash Flow Analysis

The table below summarizes the results of our discounted cash flow analysis for the three and nine months ended June 30, 2012. The impairment charges below include impairments taken as a result of these discounted cash flow analyses and impairment charges recorded for individual homes sold and in backlog with net contribution margins below a minimum threshold of profitability in communities that were not otherwise impaired through our discounted cash flow analyses. The estimated fair value of the impaired inventory is determined immediately after a community’s impairment.



($ in thousands)	Communities Impaired As a Result of Discounted Cash Flow Analyses Prepared
Segment	# of Communities Impaired	# of Lots Impaired	Impairment Charge		Estimated Fair Value of Impaired Inventory at Period End		# of Communities Impaired	# of Lots Impaired	Impairment Charge		Estimated Fair Value of Impaired Inventory at Period End
Quarter Ended June 30, 2012							Nine Months Ended June 30, 2012
West	1	65	$	1,590	$	4,680	2	116	$	3,788	$	11,058
East	1	68	3,122		4,050		2	93	3,809		7,342
Southeast	1	37	630		2,457		1	37	794		2,457
Unallocated	—	—	389		—		—	—	473		—
Continuing Operations	3	170	$	5,731	$	11,187	5	246	8,864		20,857
Discontinued Operations	—	—	42		—		—	—	60		—
Total	3	170	$	5,773	$	11,187	5	246	$	8,924	$	20,857

Schedule of Inventory Impairments and Lot Option Abandonment Charges, by Reportable Homebuilding Segment



	Three Months Ended June 30,				Nine Months Ended June 30,
(In thousands)	2013		2012		2013		2012
Development projects and homes in process (Held for Development)
West	$	—	$	1,590	$	46	$	3,788
East	—		3,122		13		3,809
Southeast	—		630		—		794
Unallocated	—		389		—		473
Subtotal	$	—	$	5,731	$	59	$	8,864
Land Held for Sale
West	$	—	$	—	$	—	$	—
East	—		—		—		—
Southeast	—		—		1,778		208
Subtotal	$	—	$	—	$	1,778	$	208
Lot Option Abandonments
West	$	—	$	19	$	104	$	191
East	—		10		20		574
Southeast	—		59		268		653
Unallocated	—		—		—		2
Subtotal	$	—	$	88	$	392	$	1,420
Continuing Operations	$	—	$	5,819	$	2,229	$	10,492
Discontinued Operations
Held for Development	$	—	$	42	$	—	$	60
Land Held for Sale	—		503		17		503
Lot Option Abandonments	—		—		—		16
Subtotal	$	—	$	545	$	17	$	579
Total Company	$	—	$	6,364	$	2,246	$	11,071

Summary of Interests in Lot Option Agreements

The following provides a summary of our interests in lot option agreements as of June 30, 2013 and September 30, 2012:



(In thousands)	Deposits & Non-refundable Preacquisition Costs Incurred		Remaining Obligation		Land Not Owned Under Option Agreements
As of June 30, 2013
Consolidated VIEs	$	4,900	$	2,649	$	7,549
Other consolidated lot option agreements (a)	76		255		331
Unconsolidated lot option agreements	25,323		281,739		—
Total lot option agreements	$	30,299	$	284,643	$	7,880
As of September 30, 2012
Consolidated VIEs	$	7,203	$	3,346	$	10,549
Other consolidated lot option agreements (a)	430		1,441		1,871
Unconsolidated lot option agreements	17,290		193,711		—
Total lot option agreements	$	24,923	$	198,498	$	12,420


(a)	Represents lot option agreements with non-VIE entities that we have deemed to be “financing arrangements” pursuant to ASC 470-40, Product Financing Arrangements.

Interest (Tables)

9 Months Ended

Jun. 30, 2013

Real Estate Inventory Capitalized Interest Costs [Abstract]

Real Estate Inventory, Capitalized Interest Costs

The following table sets forth certain information regarding interest:



	Three Months Ended June 30,						Nine Months Ended June 30,
(In thousands)	2013			2012			2013			2012
Capitalized interest in inventory, beginning of period	$	45,501		$	47,242		$	38,190		$	45,973
Interest incurred	28,766			31,235			86,361			95,950
Capitalized interest impaired	—			(222		)	—			(275		)
Interest expense not qualified for capitalization and included as other expense	(14,252		)	(17,233		)	(46,709		)	(55,147		)
Capitalized interest amortized to house construction and land sales expenses	(9,996		)	(15,649		)	(27,823		)	(41,128		)
Capitalized interest in inventory, end of period	$	50,019		$	45,373		$	50,019		$	45,373

Borrowings (Tables)

9 Months Ended

Jun. 30, 2013

Debt Disclosure [Abstract]

Schedule of long-term debt

At June 30, 2013 and September 30, 2012 we had the following long-term debt, net of discounts:



(In thousands)	Maturity Date	June 30, 2013			September 30, 2012
6 7/8% Senior Notes	July 2015	$	—		$	172,454
8 1/8% Senior Notes	June 2016	172,879			172,879
6 5/8% Senior Secured Notes	April 2018	300,000			300,000
9 1/8% Senior Notes	June 2018	298,000			300,000
9 1/8% Senior Notes	May 2019	235,000			235,000
7 1/4% Senior Notes	February 2023	200,000			—
TEU Senior Amortizing Notes	August 2013	81			316
TEU Senior Amortizing Notes	August 2015	18,028			23,500
Unamortized debt discounts		(2,341		)	(3,082		)
Total Senior Notes, net		1,221,647			1,201,067
Mandatory Convertible Subordinated Notes	January 2013	—			9,402
Junior subordinated notes	July 2036	53,153			51,603
Cash Secured Loan	November 2017	222,368			227,368
Other secured notes payable	Various Dates	8,488			8,758
Total debt, net		$	1,505,656		$	1,498,198

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details

Contingencies (Tables)

9 Months Ended

Jun. 30, 2013

Commitments and Contingencies Disclosure [Abstract]

Warranty reserves

Our warranty reserves are as follows:



	Three Months Ended						Nine Months Ended
	June 30,						June 30,
(In thousands)	2013			2012			2013			2012
Balance at beginning of period	$	13,601		$	16,133		$	15,477		$	17,916
Accruals for warranties issued	1,398			1,963			4,128			5,191
Changes in liability related to warranties existing in prior periods	256			(565		)	(1,483		)	(1,916		)
Payments made	(1,810		)	(1,497		)	(4,677		)	(5,157		)
Balance at end of period	$	13,445		$	16,034		$	13,445		$	16,034

Fair Value Measurements (Tables)

9 Months Ended

Jun. 30, 2013

Fair Value Disclosures [Abstract]

Schedule of fair value assets measured on a non-recurring basis



(In thousands)	Level 1	Level 2	Level 3		Total
Nine Months Ended June 30, 2013
Land held for sale	—	—	$	2,013	$	2,013
Nine Months Ended June 30, 2012
Development projects in progress	—	—	$	20,857	$	20,857
Land held for sale	—	—	$	1,780	$	1,780

Schedule of carrying values and estimated fair values of other financial assets and liabilities

The carrying values and estimated fair values of other financial assets and liabilities were as follows:



(In thousands)	As of June 30, 2013				As of September 30, 2012
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Senior Notes	$	1,221,707	$	1,270,003	$	1,201,067	$	1,228,745
Mandatory Convertible Subordinated Notes	—		—		9,402		7,465
Junior Subordinated Notes	53,153		53,153		51,603		51,603
	$	1,274,860	$	1,323,156	$	1,262,072	$	1,287,813

- Definition

Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

+ References+ Details

Stock-based compensation (Tables)

9 Months Ended

Jun. 30, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of assumptions for stock options granted during period

We used the following weighted-average assumptions for our options granted during the nine months ended June 30, 2013:



Expected life of options	5.0 years
Expected volatility	46.15		%
Expected discrete dividends	—
Weighted average risk-free interest rate	0.63		%
Weighted average fair value	$	5.48

Schedule of stock options and SSARs outstanding, as well as related activity

The following table summarizes stock options and SSARs outstanding as of June 30, 2013, as well as activity during the three and nine months then ended:



	Three Months Ended				Nine Months Ended
	June 30, 2013				June 30, 2013
	Shares		Weighted- Average Exercise Price		Shares		Weighted- Average Exercise Price
Outstanding at beginning of period	574,165		$	32.75	429,965		$	40.80
Granted	5,086		20.58		160,651		13.56
Exercised	(503	)	10.80		(608	)	10.80
Expired	—		—		(7,703	)	96.45
Forfeited	(763	)	12.56		(4,320	)	17.86
Outstanding at end of period	577,985		$	32.69	577,985		$	32.69
Exercisable at end of period	325,396		$	47.52	325,396		$	47.52
Vested or expected to vest in the future	574,752		$	32.79	574,752		$	32.79

Schedule of nonvested stock awards activity

Activity relating to nonvested stock awards, including the Performance Shares for the three and nine months ended June 30, 2013 is as follows:



	Three Months Ended				Nine Months Ended
	June 30, 2013				June 30, 2013
	Shares		Weighted Average Grant Date Fair Value		Shares		Weighted Average Grant Date Fair Value
Beginning of period	374,753		$	18.19	323,335		$	19.61
Granted	6,104		20.58		99,413		10.95
Vested	(94,471	)	33.22		(126,124	)	27.59
Forfeited	(3,615	)	13.30		(13,853	)	13.92
End of period	282,771		$	13.29	282,771		$	13.29

Segment Information (Tables)

9 Months Ended

Jun. 30, 2013

Segment Reporting [Abstract]

Schedule of segment reporting information



	Three Months Ended				Nine Months Ended
	June 30,				June 30,
(In thousands)	2013		2012		2013		2012
Revenue
West	$	133,519	$	99,092	$	362,641	$	247,726
East	111,556		98,930		325,224		255,940
Southeast	69,364		56,328		161,378		129,966
Pre-Owned	—		205		—		1,114
Continuing Operations	$	314,439	$	254,555	$	849,243	$	634,746



	Three Months Ended						Nine Months Ended
	June 30,						June 30,
(In thousands)	2013			2012			2013			2012
Operating income/(loss)
West	$	15,313		$	2,719		$	33,716		$	5,505
East	7,714			197			24,215			344
Southeast	7,644			3,339			12,024			5,304
Pre-Owned	—			(29		)	—			(229		)
Segment total	30,671			6,226			69,955			10,924
Corporate and unallocated (a)	(22,199		)	(27,381		)	(64,773		)	(66,472		)
Total operating income (loss)	8,472			(21,155		)	5,182			(55,548		)
Equity in (loss) income of unconsolidated entities	(310		)	48			(206		)	(25		)
Loss on extinguishment of debt	—			—			(3,638		)	(2,747		)
Other expense, net	(14,036		)	(16,804		)	(45,858		)	(53,342		)
Loss from continuing operations before income taxes	$	(5,874	)	$	(37,911	)	$	(44,520	)	$	(111,662	)



	Three Months Ended				Nine Months Ended
	June 30,				June 30,
(In thousands)	2013		2012		2013		2012
Depreciation and amortization
West	$	1,263	$	1,685	$	3,470	$	3,555
East	750		728		2,333		2,038
Southeast	411		486		1,068		1,199
Pre-Owned	—		57		—		330
Segment total	2,424		2,956		6,871		7,122
Corporate and unallocated (a)	529		787		1,890		2,214
Continuing Operations	$	2,953	$	3,743	$	8,761	$	9,336



	Nine Months Ended
	June 30,
(In thousands)	2013		2012
Capital Expenditures
West	$	2,979	$	2,131
East	881		2,890
Southeast	1,087		1,620
Pre-Owned (b)	—		7,932
Corporate and unallocated	1,625		544
Consolidated total	$	6,572	$	15,117



(In thousands)	June 30, 2013		September 30, 2012
Assets
West	$	663,865	$	618,805
East	364,753		320,404
Southeast	212,340		160,868
Corporate and unallocated (c)	701,959		882,141
Consolidated total	$	1,942,917	$	1,982,218

(a)


(b)	Capital expenditures represent the purchase of previously owned homes during the nine months ended June 30, 2012.


(c)	Primarily consists of cash and cash equivalents, consolidated inventory not owned, deferred taxes, capitalized interest and other items that are not allocated to the segments.

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details

Supplemental Guarantor Information (Tables)

9 Months Ended

Jun. 30, 2013

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Unaudited Consolidating Balance Sheet Information



	Beazer Homes USA, Inc.		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Consolidating Adjustments			Consolidated Beazer Homes USA, Inc.
ASSETS
Cash and cash equivalents	$	295,769	$	5,729	$	888	$	(4,040	)	$	298,346
Restricted cash	245,651		362		—		—			246,013
Accounts receivable (net of allowance of $2,045)	—		26,059		7		—			26,066
Income tax receivable	3,080		—		—		—			3,080
Land not owned under option agreements	—		1,265,112		—		—			1,265,112
Consolidated inventory not owned	—		7,880		—		—			7,880
Investments in unconsolidated entities	773		41,704		—		—			42,477
Deferred tax assets, net	7,076		—		—		—			7,076
Property, plant and equipment, net	—		16,734		—		—			16,734
Investments in subsidiaries	93,173		—		—		(93,173		)	—
Intercompany	1,096,356		—		2,771		(1,099,127		)	—
Other assets	21,260		7,693		1,180		—			30,133
Total assets	$	1,763,138	$	1,371,273	$	4,846	$	(1,196,340	)	$	1,942,917
LIABILITIES AND STOCKHOLDERS’ EQUITY
Trade accounts payable	$	—	$	79,625	$	—	$	—		$	79,625
Other liabilities	36,911		88,426		1,409		—			126,746
Intercompany	1,073		1,102,094		—		(1,103,167		)	—
Obligations related to land not owned under option agreements	—		2,904		—		—			2,904
Total debt (net of discounts of $2,341)	1,497,168		8,488		—		—			1,505,656
Total liabilities	1,535,152		1,281,537		1,409		$	(1,103,167	)	1,714,931
Stockholders’ equity	227,986		89,736		3,437		(93,173		)	227,986
Total liabilities and stockholders’ equity	$	1,763,138	$	1,371,273	$	4,846	$	(1,196,340	)	$	1,942,917



	Beazer Homes USA, Inc.		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Consolidating Adjustments			Consolidated Beazer Homes USA, Inc.
ASSETS
Cash and cash equivalents	$	481,394	$	8,215	$	646	$	(2,460	)	$	487,795
Restricted cash	252,900		360		—		—			253,260
Accounts receivable (net of allowance of $2,235)	—		24,594		5		—			24,599
Income tax receivable	6,372		—		—		—			6,372
Owned inventory	—		1,099,132		—		—			1,099,132
Land not owned under option agreements	—		12,420		—		—			12,420
Investments in unconsolidated entities	773		41,305		—		—			42,078
Deferred tax assets, net	6,848		—		—		—			6,848
Property, plant and equipment, net	—		18,974		—		—			18,974
Investments in subsidiaries	63,120		—		—		(63,120		)	—
Intercompany	969,425		—		3,001		(972,426		)	—
Other assets	21,307		7,783		1,650		—			30,740
Total assets	$	1,802,139	$	1,212,783	$	5,302	$	(1,038,006	)	$	1,982,218
LIABILITIES AND STOCKHOLDERS’ EQUITY
Trade accounts payable	$	—	$	69,268	$	—	$	—		$	69,268
Other liabilities	49,354		96,389		1,975		—			147,718
Intercompany	1,098		973,788		—		(974,886		)	—
Obligations related to land not owned under option agreements	—		4,787		—		—			4,787
Total debt (net of discounts of $3,082)	1,489,440		8,758		—		—			1,498,198
Total liabilities	1,539,892		1,152,990		1,975		$	(974,886	)	1,719,971
Stockholders’ equity	262,247		59,793		3,327		(63,120		)	262,247
Total liabilities and stockholders’ equity	$	1,802,139	$	1,212,783	$	5,302	$	(1,038,006	)	$	1,982,218

Unaudited Consolidating Income Statement



	Beazer Homes USA, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated Beazer Homes USA, Inc.
Three Months Ended June 30, 2013
Total revenue	$	—		$	314,439		$	173		$	(173	)	$	314,439
Home construction and land sales expenses	9,996			250,501			—			(173		)	260,324
Gross (loss) profit	(9,996		)	63,938			173			—			54,115
Commissions	—			13,078			—			—			13,078
General and administrative expenses	—			29,570			42			—			29,612
Depreciation and amortization	—			2,953			—			—			2,953
Operating (loss) income	(9,996		)	18,337			131			—			8,472
Equity in loss of unconsolidated entities	—			(310		)	—			—			(310		)
Other (expense) income, net	(14,252		)	211			5			—			(14,036		)
(Loss) income before income taxes	(24,248		)	18,238			136			—			(5,874		)
(Benefit from) provision for income taxes	(1,937		)	1,457			48			—			(432		)
Equity in income of subsidiaries	16,869			—			—			(16,869		)	—
(Loss) income from continuing operations	(5,442		)	16,781			88			(16,869		)	(5,442		)
Loss from discontinued operations	—			(344		)	(2		)	—			(346		)
Equity in loss of subsidiaries	(346		)	—			—			346			—
Net (loss) income	$	(5,788	)	$	16,437		$	86		$	(16,523	)	$	(5,788	)
	Beazer Homes USA, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated Beazer Homes USA, Inc.
Three Months Ended June 30, 2012
Total revenue	$	—		$	254,555		$	240		$	(240	)	$	254,555
Home construction and land sales expenses	15,649			212,096			—			(240		)	227,505
Inventory impairments and option contract abandonments	222			5,597			—			—			5,819
Gross (loss) profit	(15,871		)	36,862			240			—			21,231
Commissions	—			10,776			—			—			10,776
General and administrative expenses	—			27,840			27			—			27,867
Depreciation and amortization	—			3,743			—			—			3,743
Operating (loss) income	(15,871		)	(5,497		)	213			—			(21,155		)
Equity in income of unconsolidated entities	—			48			—			—			48
Other (expense) income, net	(17,233		)	414			15			—			(16,804		)
(Loss) income before income taxes	(33,104		)	(5,035		)	228			—			(37,911		)
(Benefit from) provision for income taxes	(12,868		)	12,936			77			—			145
Equity in (loss) income of subsidiaries	(17,820		)	—			—			17,820			—
(Loss) income from continuing operations	(38,056		)	(17,971		)	151			17,820			(38,056		)
Loss from discontinued operations	—			(1,820		)	(8		)	—			(1,828		)
Equity in loss of subsidiaries	(1,828		)	—			—			1,828			—
Net (loss) income	$	(39,884	)	$	(19,791	)	$	143		$	19,648		$	(39,884	)



	Beazer Homes USA, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated Beazer Homes USA, Inc.
Nine Months Ended June 30, 2013
Total revenue	$	—		$	849,243		$	563		$	(563	)	$	849,243
Home construction and land sales expenses	27,823			685,670			—			(563		)	712,930
Inventory impairments and option contract abandonments	—			2,229			—			—			2,229
Gross (loss) profit	(27,823		)	161,344			563			—			134,084
Commissions	—			35,406			—			—			35,406
General and administrative expenses	—			84,633			102			—			84,735
Depreciation and amortization	—			8,761			—			—			8,761
Operating (loss) income	(27,823		)	32,544			461			—			5,182
Equity in loss of unconsolidated entities	—			(206		)	—			—			(206		)
Loss on extinguishment of debt	(3,638		)	—			—			—			(3,638		)
Other (expense) income, net	(46,709		)	839			12			—			(45,858		)
(Loss) income before income taxes	(78,170		)	33,177			473			—			(44,520		)
(Benefit from) provision for income taxes	(2,074		)	880			166			—			(1,028		)
Equity in income of subsidiaries	32,604			—			—			(32,604		)	—
(Loss) income from continuing operations	(43,492		)	32,297			307			(32,604		)	(43,492		)
(Loss) income from discontinued operations	—			(2,354		)	30			—			(2,324		)
Equity in loss of subsidiaries	(2,324		)	—			—			2,324			—
Net (loss) income	$	(45,816	)	$	29,943		$	337		$	(30,280	)	$	(45,816	)
	Beazer Homes USA, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated Beazer Homes USA, Inc.
Nine Months Ended June 30, 2012
Total revenue	$	—		$	634,746		$	701		$	(701	)	$	634,746
Home construction and land sales expenses	41,128			520,137			—			(701		)	560,564
Inventory impairments and option contract abandonments	275			10,217			—			—			10,492
Gross (loss) profit	(41,403		)	104,392			701			—			63,690
Commissions	—			27,522			—			—			27,522
General and administrative expenses	—			82,291			89			—			82,380
Depreciation and amortization	—			9,336			—			—			9,336
Operating (loss) income	(41,403		)	(14,757		)	612			—			(55,548		)
Equity in loss of unconsolidated entities	—			(25		)	—			—			(25		)
Loss on extinguishment of debt	(2,747		)	—			—			—			(2,747		)
Other (expense) income, net	(55,147		)	1,780			25			—			(53,342		)
(Loss) income before income taxes	(99,297		)	(13,002		)	637			—			(111,662		)
(Benefit from) provision for income taxes	(38,597		)	1,936			223			—			(36,438		)
Equity in (loss) income of subsidiaries	(14,524		)	—			—			14,524			—
(Loss) income from continuing operations	(75,224		)	(14,938		)	414			14,524			(75,224		)
Loss from discontinued operations	—			(3,858		)	(11		)	—			(3,869		)
Equity in loss of subsidiaries	(3,869		)	—			—			3,869			—
Net (loss) income	$	(79,093	)	$	(18,796	)	$	403		$	18,393		$	(79,093	)

Unaudited Consolidating Statements of Cash Flow



	Beazer Homes USA, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated Beazer Homes USA, Inc.
Nine Months Ended June 30, 2013
Net cash (used in) provided by operating activities	$	(53,663	)	$	(144,770	)	$	239		$	—		$	(198,194	)
Cash flows from investing activities:
Capital expenditures	—			(6,572		)	—			—			(6,572		)
Investments in unconsolidated entities	—			(1,374		)	—			—			(1,374		)
Return of capital from unconsolidated entities	—			432			—			—			432
Increases in restricted cash	(1,237		)	(551		)	—			—			(1,788		)
Decreases in restricted cash	8,487			548			—			—			9,035
Net cash provided by (used in) investing activities	7,250			(7,517		)	—			—			(267		)
Cash flows from financing activities:
Repayment of debt	(185,161		)	(270		)	—			—			(185,431		)
Proceeds from issuance of new debt	200,000			—			—			—			200,000
Settlement of unconsolidated entity debt obligations	—			(500		)	—			—			(500		)
Debt issuance costs	(4,935		)	—			—			—			(4,935		)
Advances to/from subsidiaries	(148,994		)	150,571			3			(1,580		)	—
Payments for other financing activities	(122		)	—			—			—			(122		)
Net cash (used in) provided by financing activities	(139,212		)	149,801			3			(1,580		)	9,012
(Decrease) increase in cash and cash equivalents	(185,625		)	(2,486		)	242			(1,580		)	(189,449		)
Cash and cash equivalents at beginning of period	481,394			8,215			646			(2,460		)	487,795
Cash and cash equivalents at end of period	$	295,769		$	5,729		$	888		$	(4,040	)	$	298,346
	Beazer Homes USA, Inc.			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidating Adjustments			Consolidated Beazer Homes USA, Inc.
Nine Months Ended June 30, 2012
Net cash (used in) provided by operating activities	$	(109,339	)	$	2,225		$	702		$	—		$	(106,412	)
Cash flows from investing activities:
Capital expenditures	—			(15,117		)	—			—			(15,117		)
Investments in unconsolidated entities	—			(2,075		)	—			—			(2,075		)
Return of capital from unconsolidated entities	—			440			—			—			440
Increases in restricted cash	(645		)	(1,034		)	—			—			(1,679		)
Decreases in restricted cash	5,878			1,077			—			—			6,955
Net cash provided by (used in) investing activities	5,233			(16,709		)	—			—			(11,476		)
Cash flows from financing activities:
Repayment of debt	(2,460		)	(909		)	—			—			(3,369		)
Settlement of unconsolidated entity obligations	(15,862		)	—			—			—			(15,862		)
Debt issuance costs	(274		)	—			—			—			(274		)
Equity issuance costs	(1,296		)	—			—			—			(1,296		)
Dividends paid	(1,800		)	—			1,800			—			—
Advances to/from subsidiaries	(9,202		)	11,527			(1,847		)	(478		)	—
Payments for other financing activities	(98		)	—			—			—			(98		)
Net cash (used in) provided by financing activities	(30,992		)	10,618			(47		)	(478		)	(20,899		)
(Decrease) increase in cash and cash equivalents	(135,098		)	(3,866		)	655			(478		)	(138,787		)
Cash and cash equivalents at beginning of period	360,723			10,488			418			(1,226		)	370,403
Cash and cash equivalents at end of period	$	225,625		$	6,622		$	1,073		$	(1,704	)	$	231,616

Discontinued Operations (Tables)

9 Months Ended

Jun. 30, 2013

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Results of Discontinued Operations

The results of our discontinued operations in the unaudited condensed consolidated statements of operations for the three and nine months ended June 30, 2013 and 2012 were as follows:



	Three Months Ended						Nine Months Ended
	June 30,						June 30,
(In thousands)	2013			2012			2013			2012
Total revenue	$	—		$	2,207		$	288		$	5,681
Home construction and land sales expenses	37			2,509			(29		)	5,444
Inventory impairments and lot option abandonments	—			545			17			579
Gross (loss) profit	(37		)	(847		)	300			(342		)
Commissions	—			46			—			217
General and administrative expenses	346			919			2,761			3,636
Depreciation and amortization	—			10			—			35
Operating loss	(383		)	(1,822		)	(2,461		)	(4,230		)
Other (loss) income, net	(1		)	(1		)	68			(47		)
Loss from discontinued operations before income taxes	(384		)	(1,823		)	(2,393		)	(4,277		)
(Benefit from) provision for income taxes	(38		)	5			(69		)	(408		)
Loss from discontinued operations, net of tax	$	(346	)	$	(1,828	)	$	(2,324	)	$	(3,869	)

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References+ Details

Summary of Significant Accounting Policies - Schedule of Other Liabilities (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Jun. 30, 2013	Mar. 31, 2013	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Sep. 30, 2011
Accounting Policies [Abstract]
Reverse stock split ratio	one-for-five
Other Liabilities [Abstract]
Income tax liabilities	$ 22,029		$ 22,225
Accrued warranty expenses	13,445	13,601	15,477	16,034	16,133	17,916
Accrued interest	16,534		28,673
Accrued and deferred compensation	20,489		24,612
Customer deposits	13,724		8,830
Other	40,525		47,901
Total	$ 126,746		$ 147,718

Supplemental Cash Flow Information - Supplemental Disclosure of Non-cash Activity (Details) (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
Cash Flow, Noncash Investing and Financing Activities Disclosure [Abstract]
Non-cash Land Acquisitions	$ 0	$ 7,813
Contribution of Pre-Owned Net Assets for Investment in Unconsolidated REIT	0	(19,670)
Decrease in debt related to conversion of Mandatory Convertible Subordinated Notes and Tangible Equity Units for common stock	(9,402)	(55,308)
(Decrease) increase in obligations related to land not owned under option agreements	(1,883)	640
Decrease in future land purchase rights	0	(11,651)
Contribution of future land purchase rights to unconsolidated entities	0	11,651
Supplemental disclosure of cash activity: [Abstract]
Interest payments	92,742	109,691
Income tax payments	133	751
Tax refunds received	$ 3,925	$ 2,565

Investments in Unconsolidated Entities - Investments in Unconsolidated Entities (Details) (USD $) In Thousands, unless otherwise specified			9 Months Ended
	Jun. 30, 2013	Sep. 30, 2012	Jun. 30, 2013 the REIT
Equity Method Investments and Joint Ventures [Abstract]
Subsidiary or Equity Method Investee, Cumulative Percentage Ownership after All Transactions			18.00%
Beazer's investment in unconsolidated entities	$ 42,477	$ 42,078
Total equity of unconsolidated entity	442,291	383,482
Total outstanding borrowings of unconsolidated entities	66,632	64,912
Beazer's estimate of its maximum exposure to our repayment guarantees	$ 0	$ 696

- Definition

Amount of equity, including noncontrolling interest, reported by an equity method investment of the entity.

+ References+ Details

Investments in Unconsolidated Entities - Income (Loss), Impairments From, and Equity In Investments In Unconsolidated Entities (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Schedule of Equity Method Investments [Line Items]
(Loss) income from unconsolidated entity activity	$ (129)	$ 48	$ (25)	$ (25)
Impairment of unconsolidated entity investment	(181)	0	(181)	0
Equity in (loss) income of unconsolidated entities - continuing operations	$ (310)	$ 48	$ (206)	$ (25)

- Definition

This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 03

-Paragraph 9

-Article 5

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 18

-Paragraph 6

-Subparagraph b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 323

-SubTopic 10

-Section 45

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=16385135&loc=d3e33749-111570

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 18

-Paragraph 19

-Subparagraph c

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 225

-SubTopic 10

-Section S99

-Paragraph 2

-Subparagraph (SX 210.5-03.12)

-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 11

-Article 7

+ Details

Investments in Unconsolidated Entities Narrative (Details) (USD $)	3 Months Ended	9 Months Ended			3 Months Ended			9 Months Ended
	Jun. 30, 2013	Jun. 30, 2013	Jun. 30, 2012	Sep. 30, 2012	Jun. 30, 2013 South Edge	Jun. 30, 2013 Inspirada	May 03, 2012 Inspirada	Jun. 30, 2013 the REIT	May 03, 2012 the REIT home	Sep. 30, 2012 Other Liabilities [Member]	Jun. 30, 2013 Vesting Period One [Member] Restricted Stock [Member]	Jun. 30, 2013 Vesting Period Two [Member] Restricted Stock [Member]	Jun. 30, 2013 Vesting PeriodThree [Member] Restricted Stock [Member]
Schedule of Equity Method Investments [Line Items]
Beazer homes' ownership interest in guarantor subsidiaries (less than 10% in Inspirada Builders LLC)	100.00%	100.00%					10.00%	15.14%	23.50%
Share-based Compensation Arranagement by Share-based Payment Award, Award Vesting Rights, Percentage											25.00%	25.00%	50.00%
Subsidiary or Equity Method Investee, Cumulative Percentage Ownership after All Transactions								18.00%
Settlement of unconsolidated entity debt obligation		$ 500,000	$ 15,862,000		$ 15,900,000
Decrease in future land purchase rights		0	(11,651,000)			11,700,000
Equity Method Investments									300,000
Number of pre-owned homes owned									190
Number of Pre-owned homes owned and leased									187
Repayment guarantee included in Other Liabilities	0	0		696,000						700,000
Payment to settle repayment guarantee obligation	500,000
Other income recorded on settlement of guarantee obligation	$ 200,000

Inventory - Schedule of Inventory (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Mar. 31, 2013	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Sep. 30, 2011
Real Estate [Abstract]
Homes under construction	$ 324,619		$ 251,828
Development projects in progress	498,363		391,019
Land held for future development	341,995		367,102
Land held for sale	10,648		10,149
Capitalized interest	50,019	45,501	38,190	45,373	47,242	45,973
Model homes	39,468		40,844
Total owned inventory	$ 1,265,112		$ 1,099,132

- Definition

Carrying amount as of the balance sheet date of capitalized construction costs of homes for future sale.

+ References+ Details

Inventory - Total Owned Inventory by Segment (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Sep. 30, 2012
Segment Reporting Information [Line Items]
Projects in progress	$ 912,469	$ 721,881
Land held for future development	341,995	367,102
Land held for sale	10,648	10,149
Total owned inventory	1,265,112	1,099,132
West Segment
Segment Reporting Information [Line Items]
Projects in progress	335,239	261,239
Land held for future development	292,881	318,351
Land held for sale	3,639	2,553
Total owned inventory	631,759	582,143
East Segment
Segment Reporting Information [Line Items]
Projects in progress	325,765	279,954
Land held for future development	25,493	25,130
Land held for sale	2,195	3,204
Total owned inventory	353,453	308,288
Southeast Segment
Segment Reporting Information [Line Items]
Projects in progress	173,784	118,853
Land held for future development	23,621	23,621
Land held for sale	2,096	1,675
Total owned inventory	199,501	144,149
Unallocated & Other
Segment Reporting Information [Line Items]
Projects in progress	77,681	61,835
Land held for future development	0	0
Land held for sale	2,718	2,717
Total owned inventory	$ 80,399	$ 64,552

Inventory - Recoverability Schedule of Inventory assets Held for Development, by Reportable Segment (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Jun. 30, 2012 Community
Real Estate Properties [Line Items]
Number of Communities on Watch List	12
Undiscounted Cash Flow Analysis - Number of Communities	3
Undiscounted Cash Flow Analysis - Pre-analysis Book Value (BV)	$ 17,655
Undiscounted Cash Flow Analysis - Aggregate Undiscounted Cash Flow as a % of BV	72.40%
West Segment
Real Estate Properties [Line Items]
Number of Communities on Watch List	5
Undiscounted Cash Flow Analysis - Number of Communities	1
Undiscounted Cash Flow Analysis - Pre-analysis Book Value (BV)	6,196
Undiscounted Cash Flow Analysis - Aggregate Undiscounted Cash Flow as a % of BV	81.30%
East Segment
Real Estate Properties [Line Items]
Number of Communities on Watch List	4
Undiscounted Cash Flow Analysis - Number of Communities	1
Undiscounted Cash Flow Analysis - Pre-analysis Book Value (BV)	7,144
Undiscounted Cash Flow Analysis - Aggregate Undiscounted Cash Flow as a % of BV	57.10%
Southeast Segment
Real Estate Properties [Line Items]
Number of Communities on Watch List	3
Undiscounted Cash Flow Analysis - Number of Communities	1
Undiscounted Cash Flow Analysis - Pre-analysis Book Value (BV)	3,087
Undiscounted Cash Flow Analysis - Aggregate Undiscounted Cash Flow as a % of BV	79.00%
Unallocated & Other
Real Estate Properties [Line Items]
Number of Communities on Watch List	0
Undiscounted Cash Flow Analysis - Number of Communities	0
Undiscounted Cash Flow Analysis - Pre-analysis Book Value (BV)	$ 1,228

Inventory - Results of Discounted Cash Flow Analysis (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012 lot Community
Real Estate, Write-down or Reserve [Line Items]
Number of communities impaired				5
Number of lots impaired				246
Impairment Charges				$ 8,924
Estimated fair value of impaired inventory				20,857
Continuing Operations
Real Estate, Write-down or Reserve [Line Items]
Number of communities impaired				5
Number of lots impaired				246
Impairment Charges	0	5,731	59	8,864
Estimated fair value of impaired inventory				20,857
Continuing Operations \| Unallocated
Real Estate, Write-down or Reserve [Line Items]
Number of communities impaired				0
Number of lots impaired				0
Impairment Charges	0	389	0	473
Estimated fair value of impaired inventory				0
Continuing Operations \| West Segment
Real Estate, Write-down or Reserve [Line Items]
Number of communities impaired				2
Number of lots impaired				116
Impairment Charges	0	1,590	46	3,788
Estimated fair value of impaired inventory				11,058
Continuing Operations \| East Segment
Real Estate, Write-down or Reserve [Line Items]
Number of communities impaired				2
Number of lots impaired				93
Impairment Charges	0	3,122	13	3,809
Estimated fair value of impaired inventory				7,342
Continuing Operations \| Southeast Segment
Real Estate, Write-down or Reserve [Line Items]
Number of communities impaired				1
Number of lots impaired				37
Impairment Charges	0	630	0	794
Estimated fair value of impaired inventory				2,457
Discontinued Operations
Real Estate, Write-down or Reserve [Line Items]
Number of communities impaired				0
Number of lots impaired				0
Impairment Charges	0	42	0	60
Estimated fair value of impaired inventory				0
Discounted Cash Flow Analysis [Member]
Real Estate, Write-down or Reserve [Line Items]
Number of communities impaired		3
Number of lots impaired		170
Impairment Charges		5,773
Estimated fair value of impaired inventory		11,187
Discounted Cash Flow Analysis [Member] \| Continuing Operations
Real Estate, Write-down or Reserve [Line Items]
Number of communities impaired		3
Number of lots impaired		170
Impairment Charges		5,731
Estimated fair value of impaired inventory		11,187
Discounted Cash Flow Analysis [Member] \| Continuing Operations \| Unallocated
Real Estate, Write-down or Reserve [Line Items]
Number of communities impaired		0
Number of lots impaired		0
Impairment Charges		389
Estimated fair value of impaired inventory		0
Discounted Cash Flow Analysis [Member] \| Continuing Operations \| West Segment
Real Estate, Write-down or Reserve [Line Items]
Number of communities impaired		1
Number of lots impaired		65
Impairment Charges		1,590
Estimated fair value of impaired inventory		4,680
Discounted Cash Flow Analysis [Member] \| Continuing Operations \| East Segment
Real Estate, Write-down or Reserve [Line Items]
Number of communities impaired		1
Number of lots impaired		68
Impairment Charges		3,122
Estimated fair value of impaired inventory		4,050
Discounted Cash Flow Analysis [Member] \| Continuing Operations \| Southeast Segment
Real Estate, Write-down or Reserve [Line Items]
Number of communities impaired		1
Number of lots impaired		37
Impairment Charges		630
Estimated fair value of impaired inventory		2,457
Discounted Cash Flow Analysis [Member] \| Discontinued Operations
Real Estate, Write-down or Reserve [Line Items]
Number of communities impaired		0
Number of lots impaired		0
Impairment Charges		42
Estimated fair value of impaired inventory		$ 0

Inventory - Inventory Impairments and Lot Option Abandonment Charges, by Reportable Segment (Details) (USD $)	3 Months Ended		9 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Real Estate, Write-down or Reserve [Line Items]
Development projects and homes in process (Held for Development)				$ 8,924,000
Inventory impairments and option contract abandonments	0	5,819,000	2,229,000	10,492,000
Inventory impairments and option contract abandonments	0	6,364,000	2,246,000	11,071,000
Continuing Operations
Real Estate, Write-down or Reserve [Line Items]
Development projects and homes in process (Held for Development)	0	5,731,000	59,000	8,864,000
Land Held for Sale	0	0	1,778,000	208,000
Lot option abandonments	0	88,000	392,000	1,420,000
Inventory impairments and option contract abandonments	0	5,819,000	2,229,000	10,492,000
Continuing Operations \| Unallocated
Real Estate, Write-down or Reserve [Line Items]
Development projects and homes in process (Held for Development)	0	389,000	0	473,000
Lot option abandonments	0	0	0	2,000
Continuing Operations \| West Segment
Real Estate, Write-down or Reserve [Line Items]
Development projects and homes in process (Held for Development)	0	1,590,000	46,000	3,788,000
Land Held for Sale	0	0	0	0
Lot option abandonments	0	19,000	104,000	191,000
Continuing Operations \| East Segment
Real Estate, Write-down or Reserve [Line Items]
Development projects and homes in process (Held for Development)	0	3,122,000	13,000	3,809,000
Land Held for Sale	0	0	0	0
Lot option abandonments	0	10,000	20,000	574,000
Continuing Operations \| Southeast Segment
Real Estate, Write-down or Reserve [Line Items]
Development projects and homes in process (Held for Development)	0	630,000	0	794,000
Land Held for Sale	0	0	1,778,000	208,000
Lot option abandonments	0	59,000	268,000	653,000
Discontinued Operations
Real Estate, Write-down or Reserve [Line Items]
Development projects and homes in process (Held for Development)	0	42,000	0	60,000
Land Held for Sale	0	503,000	17,000	503,000
Lot option abandonments	0	0	0	16,000
Inventory impairments and option contract abandonments	$ 0	$ 545,000	$ 17,000	$ 579,000

- Definition

Charge to cost of goods sold that represents the reduction of the carrying amount of inventory, generally attributable to obsolescence or market conditions.

+ References+ Details

Inventory - Summary of Interests in Lot Option Agreements (Details) (USD $)
In Thousands, unless otherwise specified

Jun. 30, 2013

Sep. 30, 2012

Real Estate Properties [Line Items]

Deposits and non-refundable preacquisition costs incurred

$ 30,299

$ 24,923

Remaining obligations

284,643

198,498

Land not owned under option agreements

7,880

12,420

Consolidated VIEs

Real Estate Properties [Line Items]

Deposits and non-refundable preacquisition costs incurred

4,900

7,203

Remaining obligations

2,649

3,346

Land not owned under option agreements

7,549

10,549

Other consolidated lot option agreements

Real Estate Properties [Line Items]

Deposits and non-refundable preacquisition costs incurred

^[1]

430

^[1]

Remaining obligations

255

^[1]

1,441

^[1]

Land not owned under option agreements

331

^[1]

1,871

^[1]

Unconsolidated lot option agreements

Real Estate Properties [Line Items]

Deposits and non-refundable preacquisition costs incurred

25,323

17,290

Remaining obligations

281,739

193,711

Land not owned under option agreements

$ 0

[1]	Represents lot option agreements with non-VIE entities that we have deemed to be “financing arrangements” pursuant to ASC 470-40, Product Financing Arrangements.

Inventory - Narrative (Details) (USD $)			3 Months Ended
Inventory - Narrative (Details) (USD $)	Jun. 30, 2013 home	Sep. 30, 2012 home	Jun. 30, 2012 Minimum [Member]	Jun. 30, 2012 Maximum
Real Estate Properties [Line Items]
Number of substantially completed homes	85	174
Total value of substantially completed homes	$ 20,900,000	$ 39,700,000
Discount rate			14.60%	16.30%
Deposits and non-refundable preacquisition costs incurred	30,299,000	24,923,000
Total remaining purchase price committed under all options	$ 284,643,000	$ 198,498,000

Interest - Schedule of Capitalized Interest (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Real Estate Inventory, Capitalized Interest Costs [Roll Forward]
Capitalized interest in inventory, beginning of period	$ 45,501	$ 47,242	$ 38,190	$ 45,973
Interest incurred	28,766	31,235	86,361	95,950
Capitalized interest impaired	0	(222)	0	(275)
Interest expense not qualified for capitalization and included as other expense	14,252	17,233	46,709	55,147
Capitalized interest amortized to house construction and land sales expenses	(9,996)	(15,649)	(27,823)	(41,128)
Capitalized interest in inventory, end of period	$ 50,019	$ 45,373	$ 50,019	$ 45,373

- Definition

The cost of borrowed funds accounted for as interest that was charged against earnings during the period.

+ References+ Details

Earnings Per Share - Narrative (Details) (USD $) In Millions, except Share data, unless otherwise specified			3 Months Ended				3 Months Ended							3 Months Ended
	Jun. 30, 2013	Sep. 30, 2012	Jun. 30, 2013 Common Stock	Jun. 30, 2012 Common Stock	Mar. 31, 2012 Common Stock	Jun. 30, 2013 TEU Senior Amortizing Notes Maturing August 2013 [Member]	Jun. 30, 2012 7 1/2% Mandatory Convertible Subordinated Notes [Member] Convertible Subordinated Debt	Mar. 31, 2012 7 1/2% Mandatory Convertible Subordinated Notes [Member] Convertible Subordinated Debt	Jun. 30, 2013 Tangible Equity Units	Sep. 30, 2012 Tangible Equity Units TEUs	Jul. 17, 2012 Tangible Equity Units Senior Notes TEUs	Mar. 31, 2012 Tangible Equity Units Senior Notes TEUs	May 31, 2010 Tangible Equity Units Senior Notes TEUs	Jun. 30, 2013 Subsequent Event Common Stock	Mar. 31, 2013 Subsequent Event Common Stock	Dec. 31, 2012 Pre-adjustment shares [Member]	Jun. 30, 2013 Post-adjustment Shares [Member]
Earnings Per Share [Line Items]
Debt Conversion, Converted Instrument, Shares Issued			600,000	2,200,000	2,200,000									400,000	400,000
Value of convertible debt exchanged for common stock							$ 48.1	$ 48.1
Shares exchanged for common stock					2,800,000
Tangible Equity Units (TEUs) issued during period, (units)										4,600,000	4,600,000	2,800,000	3,000,000
Tangible Equity Units outstanding						18,100,000			4,800,000
Shares of common stock issuable upon conversion									8,100,000
Stock Issued During Period, Shares, Conversion of Convertible Securities									8,100,000
Common Stock, Shares Authorized	63,000,000	63,000,000														100,000,000	63,000,000

- Definition

Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Antidilution

-URI http://asc.fasb.org/extlink&oid=6505113

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Diluted Earnings Per Share

-URI http://asc.fasb.org/extlink&oid=6510752

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Contingent Stock Agreement

-URI http://asc.fasb.org/extlink&oid=6508534

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 40

-Subparagraph c

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 13, 14

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 07-4

-Paragraph 4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 171

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

The number of equity instruments that the holder of the debt instrument would receive if the debt was converted to equity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 129

-Paragraph 4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 22

-Article 5

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 6

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 7

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Staff Position (FSP)

-Number APB14-1

-Paragraph 32

-Subparagraph b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.22(a)(5))

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

- Definition

The number of shares issued during the period upon the conversion of units. An example of a convertible unit is an umbrella partnership real estate investment trust unit (UPREIT unit).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Accounting Principles Board Opinion (APB)

-Number 12

-Paragraph 10

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Article 3

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.3-04)

-URI http://asc.fasb.org/extlink&oid=6959260&loc=d3e187085-122770

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 129

-Paragraph 4, 5

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 505

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.28,29)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 29, 30, 31

-Article 5

+ Details

Borrowings - Schedule of Long-term Debt (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Sep. 30, 2012	Jun. 30, 2013 Senior Notes	Sep. 30, 2012 Senior Notes	Jul. 17, 2012 Senior Notes Tangible Equity Units	May 31, 2010 Senior Notes Tangible Equity Units	Jun. 30, 2013 Senior Notes 6 7/8% Senior Notes Maturing July 2015	Sep. 30, 2012 Senior Notes 6 7/8% Senior Notes Maturing July 2015	Jun. 30, 2013 Senior Notes 8 1/8% Senior Notes Maturing June 2016	Sep. 30, 2012 Senior Notes 8 1/8% Senior Notes Maturing June 2016	Jun. 30, 2013 Senior Notes 6 5/8% Senior Secured Notes	Sep. 30, 2012 Senior Notes 6 5/8% Senior Secured Notes	Jun. 30, 2013 Senior Notes 9 1/8% Senior Notes Maturing June 2018	Sep. 30, 2012 Senior Notes 9 1/8% Senior Notes Maturing June 2018	Jun. 30, 2013 Senior Notes 9 1/8% Senior Notes Maturing May 2019	Sep. 30, 2012 Senior Notes 9 1/8% Senior Notes Maturing May 2019	Jun. 30, 2013 Senior Notes TEU Senior Amortizing Notes	Sep. 30, 2012 Senior Notes TEU Senior Amortizing Notes	Jun. 30, 2013 Senior Notes TEU Senior Amortizing Notes	Sep. 30, 2012 Senior Notes TEU Senior Amortizing Notes	Jun. 30, 2013 Senior Notes 7 1/4% Senior Notes Maturing February 2023 [Member]	Feb. 01, 2013 Senior Notes 7 1/4% Senior Notes Maturing February 2023 [Member]	Sep. 30, 2012 Senior Notes 7 1/4% Senior Notes Maturing February 2023 [Member]	Jun. 30, 2013 Convertible Subordinated Debt	Sep. 30, 2012 Convertible Subordinated Debt	Jun. 30, 2013 Junior Subordinated Notes	Sep. 30, 2012 Junior Subordinated Notes	Jun. 30, 2013 Cash Secured Loan	Sep. 30, 2012 Cash Secured Loan	Jun. 30, 2013 Other Secured Notes Payable	Sep. 30, 2012 Other Secured Notes Payable
Debt Instrument [Line Items]
Debt instrument stated interest rate (percent)					7.50%	7.25%	6.875%	6.875%	8.125%	8.125%	6.625%	6.625%	9.125%	9.125%	9.125%	9.125%					7.25%	7.25%	0.00%			7.987%
Senior notes							$ 0	$ 172,454	$ 172,879	$ 172,879	$ 300,000	$ 300,000	$ 298,000	$ 300,000	$ 235,000	$ 235,000	$ 81	$ 316	$ 18,028	$ 23,500	$ 200,000		$ 0
Unamortized debt discounts	(2,341)	(3,082)	(2,341)	(3,082)																						47,600
Long-term debt	$ 1,505,656	$ 1,498,198	$ 1,221,647	$ 1,201,067																				$ 0	$ 9,402	$ 53,153	$ 51,603	$ 222,368	$ 227,368	$ 8,488	$ 8,758

- Definition

Including current and noncurrent portions, aggregate carrying amount of long-term borrowings as of the balance sheet date before deducting unamortized discount or premiums (if any). May include notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt, which had initial maturities beyond one year or beyond the normal operating cycle, if longer.

+ References+ Details

- Definition

The amount of debt discount that was originally recognized at the issuance of the instrument that has yet to be amortized.

+ References+ Details

- Definition

Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.

+ References+ Details

Borrowings - Narrative (Details) (USD $) Share data in Millions, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended				3 Months Ended															3 Months Ended						3 Months Ended		9 Months Ended						9 Months Ended											3 Months Ended						3 Months Ended		9 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012	Sep. 30, 2012	Sep. 30, 2012 Tangible Equity Units TEUs	Jun. 30, 2013 Senior Notes	Sep. 30, 2012 Senior Notes	Jun. 30, 2013 Senior Notes 7 1/4% Senior Notes Maturing February 2023 [Member]	Feb. 01, 2013 Senior Notes 7 1/4% Senior Notes Maturing February 2023 [Member]	Sep. 30, 2012 Senior Notes 7 1/4% Senior Notes Maturing February 2023 [Member]	Jun. 30, 2013 Senior Notes 6.625% Senior Secured Notes	Sep. 30, 2012 Senior Notes 6.625% Senior Secured Notes	Jun. 30, 2013 Senior Notes 9 1/8% Senior Notes Maturing May 2019	Sep. 30, 2012 Senior Notes 9 1/8% Senior Notes Maturing May 2019	Jun. 30, 2013 Senior Notes 6 7/8% Senior Notes Maturing July 2015	Sep. 30, 2012 Senior Notes 6 7/8% Senior Notes Maturing July 2015	Jun. 30, 2013 Senior Notes 9 1/8% Senior Notes Maturing June 2018	Sep. 30, 2012 Senior Notes 9 1/8% Senior Notes Maturing June 2018	Jun. 30, 2013 Senior Notes 8 1/8% Senior Notes Maturing June 2016	Sep. 30, 2012 Senior Notes 8 1/8% Senior Notes Maturing June 2016	Jun. 30, 2012 Senior Notes Tangible Equity Units	Jul. 17, 2012 Senior Notes Tangible Equity Units TEUs	Mar. 31, 2012 Senior Notes Tangible Equity Units TEUs	May 31, 2010 Senior Notes Tangible Equity Units TEUs	Jun. 30, 2013 Convertible Subordinated Debt	Sep. 30, 2012 Convertible Subordinated Debt	Jun. 30, 2012 Convertible Subordinated Debt 7 1/2% Mandatory Convertible Subordinated Notes [Member]	Mar. 31, 2012 Convertible Subordinated Debt 7 1/2% Mandatory Convertible Subordinated Notes [Member]	Jun. 30, 2013 Convertible Subordinated Debt 7 1/2% Mandatory Convertible Subordinated Notes [Member]	Jan. 12, 2010 Convertible Subordinated Debt 7 1/2% Mandatory Convertible Subordinated Notes [Member]	Jun. 30, 2013 Junior Subordinated Notes	Sep. 30, 2012 Junior Subordinated Notes	Jan. 15, 2010 Junior Subordinated Notes	Jun. 15, 2006 Junior Subordinated Notes	Jun. 30, 2013 Cash Secured Loan	Sep. 30, 2012 Cash Secured Loan	Jun. 30, 2013 Other Secured Notes Payable	Sep. 30, 2012 Other Secured Notes Payable	Jun. 30, 2013 Secured Revolving Credit Facility	Sep. 30, 2012 Secured Revolving Credit Facility	Jun. 30, 2012 Secured Revolving Credit Facility	Jun. 30, 2013 Letter of Credit	Sep. 30, 2012 Letter of Credit	Jun. 30, 2013 Minimum [Member] Senior Notes 7 1/4% Senior Notes Maturing February 2023 [Member]	Jun. 30, 2013 Maximum Senior Notes 7 1/4% Senior Notes Maturing February 2023 [Member]	Jun. 30, 2013 Common Stock	Jun. 30, 2012 Common Stock	Mar. 31, 2012 Common Stock	Jun. 30, 2013 In Compliance [Member] Senior Notes 7 1/4% Senior Notes Maturing February 2023 [Member]	Jun. 30, 2013 Optional Redemption Under Indenture [Member] Senior Notes 7 1/4% Senior Notes Maturing February 2023 [Member]	Jun. 30, 2013 Optional Redemption Under Indenture [Member] Senior Notes 6 7/8% Senior Notes Maturing July 2015	Jun. 30, 2013 Subsequent Event Common Stock	Mar. 31, 2013 Subsequent Event Common Stock	Jun. 30, 2013 Debt Instrument, Convertible, Stock Price Trigger Range One [Member] 7 1/2% Mandatory Convertible Subordinated Notes [Member]	Jun. 30, 2013 Debt Instrument, Convertible, Stock Price Trigger, Range Two [Member] 7 1/2% Mandatory Convertible Subordinated Notes [Member]
Line of Credit Facility [Abstract]
Credit facility borrowing capacity																																									$ 150,000,000	$ 22,000,000	$ 220,000,000
Amount of available borrowings under the Secured Revolving Credit Facility																																								150,000,000
Inventory assets pledged as collateral																																								1,000,000,000
Outstanding borrowings under the Secured Revolving Credit Facility																																								0	0
Letters of credit secured using cash collateral																																											22,700,000	24,700,000
Senior Notes [Abstract]
Beazer homes' ownership interest in guarantor subsidiaries (less than 10% in Inspirada Builders LLC)	100.00%		100.00%
Percent of original debt amount required to be offered for repurchase (percent)									35.00%																																										65.00%
Minimum consolidated tangible net worth	85,000,000		85,000,000
Amount of original debt that could be repurchased							27,500,000
Consolidated tangible net worth	202,400,000		202,400,000							200,000,000
Aggregate principal amount of debt																															57,500,000			75,000,000	103,100,000
Debt instrument stated interest rate (percent)									7.25%	7.25%	0.00%	6.625%	6.625%	9.125%	9.125%	6.875%	6.875%	9.125%	9.125%	8.125%	8.125%		7.50%		7.25%							7.987%
Loss on extinguishment of debt	0	0	(3,638,000)	(2,747,000)			(3,600,000)															(700,000)
Outstanding debt instrument principal amount redeemed																		2,000,000																		5,000,000	20,000,000
Shares exchanged for common stock																																																	2.8
Tangible Capital [Abstract]
Debt Instrument, Convertible, Stock Price Trigger																																																							$ 14.50	$ 17.75
Tangible Equity Units (TEUs) issued during period, (units)						4,600,000																	4,600,000	2,800,000	3,000,000
Senior amortizing notes exchanged for Tangible Equity Units																								7,200,000
Convertible Subordinated Debt [Abstract]
Fixed conversion ratio (shares per $25)																														0.8909																									1.72414	1.40746
Number of common stock exchanged for debt (shares)																																															0.6	2.2	2.2				0.4	0.4
Value of convertible debt exchanged for common stock																												48,100,000	48,100,000
Inducement expense recognized																												2,000,000
Junior Subordinated Notes [Abstract]
Effective period of debt instrument interest rate																																10 years
Debt instrument redemption price (percent)									100.00%																																				100.00%	103.625%				101.00%	107.25%	101.146%
Unamortized accretion	2,341,000		2,341,000		3,082,000		2,341,000	3,082,000																								(47,600,000)
Secured Debt [Abstract]
Three-month LIBOR																																				LIBOR
Long-term debt	$ 1,505,656,000		$ 1,505,656,000		$ 1,498,198,000		$ 1,221,647,000	$ 1,201,067,000																		$ 0	$ 9,402,000			$ 9,400,000		$ 53,153,000	$ 51,603,000			$ 222,368,000	$ 227,368,000	$ 8,488,000	$ 8,758,000
Weighted average fixed interest rate of debt (percent)																																						3.91%
Debt Instrument, Basis Spread on Variable Rate																																				0.40%

Income Taxes - Narrative (Details) (USD $)	3 Months Ended		9 Months Ended
Income Taxes - Narrative (Details) (USD $)	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Income Tax Disclosure [Line Items]
(Benefit from) provision for income taxes	$ (432,000)	$ 145,000	$ (1,028,000)	$ (36,438,000)
Accrued interest and penalties	2,500,000		2,500,000
Valuation allowance	(505,300,000)		(505,300,000)
Maximum
Income Tax Disclosure [Line Items]
Limit on operating loss carryforwards and recognition	11,400,000		11,400,000
Limit on operating loss carryforwards and recognition, tax-effected	4,000,000		4,000,000
Certain Components Likely To Be Subject To Annual Limitation [Member] \| Maximum
Income Tax Disclosure [Line Items]
Deferred Tax Assets, Net	453,600,000		453,600,000
Certain Components Likely To Be Subject To Annual Limitation [Member] \| Minimum [Member]
Income Tax Disclosure [Line Items]
Deferred Tax Assets, Net	394,600,000		394,600,000
Subject To Annual Limitation [Member]
Income Tax Disclosure [Line Items]
Deferred Tax Assets, Gross	$ 87,400,000		$ 87,400,000

- Definition

Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized.

+ References+ Details

- Definition

The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations.

+ References+ Details

- Definition

This element represents the total of accruals as of the date of the statement of financial position for interest recognized for an underpayment of income taxes computed by applying the applicable statutory rate of interest to the difference between a tax position recognized for financial reporting purposes and the amount previously taken or expected to be taken in a tax return of the entity and the amount of statutory penalties for a tax position claimed or expected to be claimed by the entity, in its tax return, that does not meet the minimum statutory threshold to avoid payment of penalties.

+ References+ Details

Contingencies - Warranty (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Movement in Standard Product Warranty Accrual [Roll Forward]
Balance at beginning of period	$ 13,601	$ 16,133	$ 15,477	$ 17,916
Accruals for warranties issued	1,398	1,963	4,128	5,191
Changes in liability related to warranties existing in prior periods	256	(565)	(1,483)	(1,916)
Payments made	(1,810)	(1,497)	(4,677)	(5,157)
Balance at end of period	$ 13,445	$ 16,034	$ 13,445	$ 16,034

Contingencies - Litigation and Other Matters (Details) (USD $)	3 Months Ended	9 Months Ended					12 Months Ended		9 Months Ended
	Jun. 30, 2013	Jun. 30, 2013	Sep. 30, 2012	Jun. 30, 2013 Performance Bonds	Jun. 30, 2013 Letter of Credit	Sep. 30, 2012 Letter of Credit	Sep. 30, 2006 First Order New Jersey Department of Environmental Protection - Violation of Permit	Sep. 30, 2006 Second Order New Jersey Department of Environmental Protection - Violation of Permit	Jun. 30, 2013 Pending Litigation loan
Loss Contingencies [Line Items]
Minimum standard product warranty period		1 year
Maximum standard product warranty period		2 years
Company's liability under Deferred Prosecution Agreement (percent)	4.00%	4.00%
Maximum liability under the DPA and other settlement agreements	$ 55,000,000	$ 55,000,000
Portion of liability under DPA that has been paid as of balance sheet date	16,600,000
Amount demanded per the complaint to recover purported losses							630,000	678,000
Accrued amounts for litigation and other contingent liabilities	16,900,000	16,900,000	19,400,000
Letters of credit secured using cash collateral					22,700,000	24,700,000
Cash collateral in restricted accounts securing letters of credit				$ 160,600,000
Number of affected homes that have not accepted Company's offer to repair									2

Fair Value Measurements - Fair Value Assets Measured on a Non-recurring Basis (Details) (Fair Value, Measurements, Nonrecurring, USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Jun. 30, 2012
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Development projects in progress		$ 0
Land held for sale	0
Right to purchase land		0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Development projects in progress		0
Land held for sale	0
Right to purchase land		0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Development projects in progress		20,857
Land held for sale	2,013
Right to purchase land		1,780
Total
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Development projects in progress		20,857
Land held for sale	2,013
Right to purchase land		$ 1,780

Fair Value Measurements - Carrying Values and Estimated Fair Values of Other Financial Assets and Liabilities (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Sep. 30, 2012
Carrying Amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying values and estimated fair values of other financial assets and liabilities	$ 1,274,860	$ 1,262,072
Carrying Amount \| Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	1,221,707	1,201,067
Mandatory Convertible Subordinated Notes	0	9,402
Carrying Amount \| Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Junior Subordinated Notes	53,153	51,603
Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying values and estimated fair values of other financial assets and liabilities	1,323,156	1,287,813
Fair Value \| Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Senior Notes	1,270,003	1,228,745
Mandatory Convertible Subordinated Notes	0	7,465
Fair Value \| Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Junior Subordinated Notes	$ 53,153	$ 51,603

- Definition

This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents notes payable as of the balance sheet date.

+ References+ Details

Stock-based Compensation (Details) (USD $)	3 Months Ended	9 Months Ended			3 Months Ended	9 Months Ended	3 Months Ended		9 Months Ended	3 Months Ended	9 Months Ended
Stock-based Compensation (Details) (USD $)	Jun. 30, 2013	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013 Stock Options [Member]	Jun. 30, 2013 SSARs / Stock Options [Member]	Jun. 30, 2013 SSARs / Stock Options [Member]	Jun. 30, 2013 Nonvested Stock Awards [Member]	Sep. 30, 2012 Nonvested Stock Awards [Member]	Jun. 30, 2013 Performance Shares [Member]	Jun. 30, 2013 Nonvested Stock Awards and Performance Shares [Member]	Jun. 30, 2013 Nonvested Stock Awards and Performance Shares [Member]	Dec. 31, 2012 Nonvested Stock Awards and Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Surrendered During Period, Value		$ 121,000	$ 34,000
Total stock-based compensation included in general and administrative expenses	600,000	2,300,000
Total stock-based compensation included in general and administrative expenses, net of tax	500,000	1,800,000
Number of shares surrendered by emloyees (shares)		6,147	12,553
Intrinsic value of SSAR/stock options outstanding					1,400,000	1,400,000
Aggregate intrinsic value of SSARs/stock options vested and expected to vest					1,400,000	1,400,000
SSARs/stock options weighted average expected life					2 years 8 months 24 days
Unrecognized compensation costs related to non-vested stock awards							1,400,000	2,100,000
Number of shares of performance-based restricted stock issued (shares)									31,532
Weighted average period to recognize remaining cost							1 year 3 months 18 days
Increase in target number of Performance Shares (percent)									50.00%
Non-vested stock performance period (years)									3 years
Expected dividend yield on performance shares (percent)									0.00%
Expected volatility rate range minimum (percent)									35.60%
Expected volatility rate range maximum (percent)									60.40%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions [Abstract]
Expected life of options				5 years
Expected volatility				46.15%
Expected discrete dividends				0
Weighted average risk-free interest rate				0.63%					0.34%
Weighted average fair value				$ 5.48
Share-based Compensation Arrangement by Share-based Payment Award, Outstanding [Roll Forward]
Shares outstanding at beginning of period (shares)					574,165	429,965
Granted (shares)					$ 200,000	$ 200,000
Exercised (shares)					(503)	(608)
Expired (shares)					0	(7,703)
Forfeited (shares)					(763)	(4,320)
Shares outstanding at end of period (shares)					577,985	577,985
Exercisable at end of period					325,396	325,396
Vested or expected to vest in the future (shares)					574,752	574,752
Share-based Compensation Arrangement by Share-based Payment Award, Outstanding, Weighted Average Exercise Price [Roll Forward]
Weighted average exercise price of shares outstanding at beginning of period					$ 32.75	$ 40.80
Weighted average exercise price of shares granted					$ 20.58	$ 13.56
Weighted average exercise price of shares exercised					$ 10.80	$ 10.80
Weighted average exercise price of shares expired					$ 0.00	$ 96.45
Weighted average exercise price of shares forfeited					$ 12.56	$ 17.86
Weighted average exercise price of shares outstanding at beginning of period					$ 32.69	$ 32.69
Weighted average exercise price of shares exercisable at end of period					$ 47.52	$ 47.52
Weighted average exercise price of shares vested or expected to vest in the future					$ 32.79	$ 32.79
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Shares outstanding at beginning of period (shares)											323,335	374,753
Granted (shares)					5,086	160,651				6,104	99,413
Shares vested (shares)										(94,471)	(126,124)
Shares forfeited (shares)										(3,615)	(13,853)
Shares outstanding at end of period (shares)										282,771	282,771	374,753
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Weighted average grant date fair value of shares outstanding at beginning of period											$ 19.61	$ 18.19
Weighted average grant date fair value of shares granted									$ 5.02	$ 20.58	$ 10.95
Weighted average grant date fair value of shares vested in period										$ 33.22	$ 27.59
Weighted average grant date fair value of shares forfeited in period										$ 13.30	$ 13.92
Weighted average grant date fair value of shares outstanding at end of period										$ 13.29	$ 13.29	$ 18.19

Segment Information (Details) (USD $)

3 Months Ended

9 Months Ended

Jun. 30, 2013

state

Jun. 30, 2012

Jun. 30, 2013

segment

state

Jun. 30, 2012

Sep. 30, 2012

Segment Reporting Information [Line Items]

Number of homebuilding segments

Number of states in which home building segments operate

Revenue

$ 314,439,000

$ 254,555,000

$ 849,243,000

$ 634,746,000

Total operating income (loss)

8,472,000

(21,155,000)

5,182,000

(55,548,000)

Equity in (loss) income of unconsolidated entities

(310,000)

48,000

(206,000)

(25,000)

Loss on extinguishment of debt

(3,638,000)

(2,747,000)

Other expense, net

(14,036,000)

(16,804,000)

(45,858,000)

(53,342,000)

Loss from continuing operations before income taxes

(5,874,000)

(37,911,000)

(44,520,000)

(111,662,000)

Depreciation and amortization

2,953,000

3,743,000

8,761,000

9,336,000

Capital Expenditures

6,572,000

15,117,000

Assets

1,942,917,000

1,982,218,000

Operating Segments

Segment Reporting Information [Line Items]

Total operating income (loss)

30,671,000

6,226,000

69,955,000

10,924,000

Depreciation and amortization

2,424,000

2,956,000

6,871,000

7,122,000

West Segment

Segment Reporting Information [Line Items]

Revenue

133,519,000

99,092,000

362,641,000

247,726,000

Total operating income (loss)

15,313,000

2,719,000

33,716,000

5,505,000

Depreciation and amortization

1,263,000

1,685,000

3,470,000

3,555,000

Capital Expenditures

2,979,000

2,131,000

Assets

663,865,000

618,805,000

East Segment

Segment Reporting Information [Line Items]

Revenue

111,556,000

98,930,000

325,224,000

255,940,000

Total operating income (loss)

7,714,000

197,000

24,215,000

344,000

Depreciation and amortization

750,000

728,000

2,333,000

2,038,000

Capital Expenditures

881,000

2,890,000

Assets

364,753,000

320,404,000

Southeast Segment

Segment Reporting Information [Line Items]

Revenue

69,364,000

56,328,000

161,378,000

129,966,000

Total operating income (loss)

7,644,000

3,339,000

12,024,000

5,304,000

Depreciation and amortization

411,000

486,000

1,068,000

1,199,000

Capital Expenditures

1,087,000

1,620,000

Assets

212,340,000

160,868,000

Pre-Owned Segment

Segment Reporting Information [Line Items]

Revenue

205,000

1,114,000

Total operating income (loss)

(29,000)

(229,000)

Depreciation and amortization

57,000

330,000

Capital Expenditures

^[1]

7,932,000

^[1]

Corporate and unallocated

Segment Reporting Information [Line Items]

11,000,000

Total operating income (loss)

(22,199,000)

^[2]

(27,381,000)

^[2]

(64,773,000)

^[2]

(66,472,000)

^[2]

Depreciation and amortization

529,000

^[2]

787,000

^[2]

1,890,000

^[2]

2,214,000

^[2]

Capital Expenditures

1,625,000

544,000

Assets

$ 701,959,000

^[3]

$ 701,959,000

^[3]

$ 882,141,000

^[3]

[1]	Capital expenditures represent the purchase of previously owned homes during the nine months ended June 30, 2012.
[2]	Corporate and unallocated includes amortization of capitalized interest and numerous shared services functions that benefit all segments, the costs of which are not allocated to the operating segments reported above including information technology, national sourcing and purchasing, treasury, corporate finance, legal, branding and other national marketing costs.
[3]	Primarily consists of cash and cash equivalents, consolidated inventory not owned, deferred taxes, capitalized interest and other items that are not allocated to the segments.

Supplemental Guarantor Information - Unaudited Consolidating Balance Sheet Information (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Sep. 30, 2012	Jun. 30, 2012	Sep. 30, 2011
ASSETS
Cash and cash equivalents	$ 298,346	$ 487,795	$ 231,616	$ 370,403
Restricted cash	246,013	253,260
Accounts receivable (net of allowance)	26,066	24,599
Income tax receivable	3,080	6,372
Owned inventory	1,265,112	1,099,132
Consolidated inventory not owned	7,880	12,420
Investments in unconsolidated entities	42,477	42,078
Deferred tax assets, net	7,076	6,848
Property, plant and equipment, net	16,734	18,974
Investments in subsidiaries	0	0
Intercompany	0	0
Other assets	30,133	30,740
Total assets	1,942,917	1,982,218
LIABILITIES AND STOCKHOLDERS' EQUITY
Trade accounts payable	79,625	69,268
Other liabilities	126,746	147,718
Intercompany	0	0
Obligations related to land not owned under option agreements	2,904	4,787
Total debt (net of discounts of $2,341 and $3,082, respectively)	1,505,656	1,498,198
Total liabilities	1,714,931	1,719,971
Stockholders' equity	227,986	262,247
Total liabilities and stockholders' equity	1,942,917	1,982,218
Beazer Homes USA, Inc.
ASSETS
Cash and cash equivalents	295,769	481,394	225,625	360,723
Restricted cash	245,651	252,900
Accounts receivable (net of allowance)	0	0
Income tax receivable	3,080	6,372
Owned inventory	0	0
Consolidated inventory not owned	0	0
Investments in unconsolidated entities	773	773
Deferred tax assets, net	7,076	6,848
Property, plant and equipment, net	0	0
Investments in subsidiaries	93,173	63,120
Intercompany	1,096,356	969,425
Other assets	21,260	21,307
Total assets	1,763,138	1,802,139
LIABILITIES AND STOCKHOLDERS' EQUITY
Trade accounts payable	0	0
Other liabilities	36,911	49,354
Intercompany	1,073	1,098
Obligations related to land not owned under option agreements	0	0
Total debt (net of discounts of $2,341 and $3,082, respectively)	1,497,168	1,489,440
Total liabilities	1,535,152	1,539,892
Stockholders' equity	227,986	262,247
Total liabilities and stockholders' equity	1,763,138	1,802,139
Guarantor Subsidiaries
ASSETS
Cash and cash equivalents	5,729	8,215	6,622	10,488
Restricted cash	362	360
Accounts receivable (net of allowance)	26,059	24,594
Income tax receivable	0	0
Owned inventory	1,265,112	1,099,132
Consolidated inventory not owned	7,880	12,420
Investments in unconsolidated entities	41,704	41,305
Deferred tax assets, net	0	0
Property, plant and equipment, net	16,734	18,974
Investments in subsidiaries	0	0
Intercompany	0	0
Other assets	7,693	7,783
Total assets	1,371,273	1,212,783
LIABILITIES AND STOCKHOLDERS' EQUITY
Trade accounts payable	79,625	69,268
Other liabilities	88,426	96,389
Intercompany	1,102,094	973,788
Obligations related to land not owned under option agreements	2,904	4,787
Total debt (net of discounts of $2,341 and $3,082, respectively)	8,488	8,758
Total liabilities	1,281,537	1,152,990
Stockholders' equity	89,736	59,793
Total liabilities and stockholders' equity	1,371,273	1,212,783
Non-Guarantor Subsidiaries
ASSETS
Cash and cash equivalents	888	646	1,073	418
Restricted cash	0	0
Accounts receivable (net of allowance)	7	5
Income tax receivable	0	0
Owned inventory	0	0
Consolidated inventory not owned	0	0
Investments in unconsolidated entities	0	0
Deferred tax assets, net	0	0
Property, plant and equipment, net	0	0
Investments in subsidiaries	0	0
Intercompany	2,771	3,001
Other assets	1,180	1,650
Total assets	4,846	5,302
LIABILITIES AND STOCKHOLDERS' EQUITY
Trade accounts payable	0	0
Other liabilities	1,409	1,975
Intercompany	0	0
Obligations related to land not owned under option agreements	0	0
Total debt (net of discounts of $2,341 and $3,082, respectively)	0	0
Total liabilities	1,409	1,975
Stockholders' equity	3,437	3,327
Total liabilities and stockholders' equity	4,846	5,302
Consolidating Adjustments
ASSETS
Cash and cash equivalents	(4,040)	(2,460)	(1,704)	(1,226)
Restricted cash	0	0
Accounts receivable (net of allowance)	0	0
Income tax receivable	0	0
Owned inventory	0	0
Consolidated inventory not owned	0	0
Investments in unconsolidated entities	0	0
Deferred tax assets, net	0	0
Property, plant and equipment, net	0	0
Investments in subsidiaries	(93,173)	(63,120)
Intercompany	(1,099,127)	(972,426)
Other assets	0	0
Total assets	(1,196,340)	(1,038,006)
LIABILITIES AND STOCKHOLDERS' EQUITY
Trade accounts payable	0	0
Other liabilities	0	0
Intercompany	(1,103,167)	(974,886)
Obligations related to land not owned under option agreements	0	0
Total debt (net of discounts of $2,341 and $3,082, respectively)	0	0
Total liabilities	(1,103,167)	(974,886)
Stockholders' equity	(93,173)	(63,120)
Total liabilities and stockholders' equity	$ (1,196,340)	$ (1,038,006)

Supplemental Guarantor Information - Unaudited Consolidating Statement of Operations (Details) (USD $)	3 Months Ended		9 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Condensed Financial Statements, Captions [Line Items]
Total revenue	$ 314,439,000	$ 254,555,000	$ 849,243,000	$ 634,746,000
Home construction and land sales expenses	260,324,000	227,505,000	712,930,000	560,564,000
Inventory impairments and option contract abandonments	0	5,819,000	2,229,000	10,492,000
Gross profit	54,115,000	21,231,000	134,084,000	63,690,000
Commissions	13,078,000	10,776,000	35,406,000	27,522,000
General and administrative expenses	29,612,000	27,867,000	84,735,000	82,380,000
Depreciation and amortization	2,953,000	3,743,000	8,761,000	9,336,000
Operating income (loss)	8,472,000	(21,155,000)	5,182,000	(55,548,000)
Equity in (loss) income of unconsolidated entities	(310,000)	48,000	(206,000)	(25,000)
Other (expense) income, net	(14,036,000)	(16,804,000)	(45,858,000)	(53,342,000)
(Loss) income from continuing operations before income taxes	(5,874,000)	(37,911,000)	(44,520,000)	(111,662,000)
(Benefit from) provision for income taxes	(432,000)	145,000	(1,028,000)	(36,438,000)
Equity in (loss) income of subsidiaries	0	0	0	0
Loss from continuing operations	(5,442,000)	(38,056,000)	(43,492,000)	(75,224,000)
Loss from discontinued operations, net of tax	(346,000)	(1,828,000)	(2,324,000)	(3,869,000)
Equity in income (loss) of subsidiaries	0	0	0	0
Net loss	(5,788,000)	(39,884,000)	(45,816,000)	(79,093,000)
Loss on extinguishment of debt	0	0	(3,638,000)	(2,747,000)
Beazer Homes USA, Inc.
Condensed Financial Statements, Captions [Line Items]
Total revenue	0	0	0	0
Home construction and land sales expenses	9,996,000	15,649,000	27,823,000	41,128,000
Inventory impairments and option contract abandonments		222,000	0	275,000
Gross profit	(9,996,000)	(15,871,000)	(27,823,000)	(41,403,000)
Commissions	0	0	0	0
General and administrative expenses	0	0	0	0
Depreciation and amortization	0	0	0	0
Operating income (loss)	(9,996,000)	(15,871,000)	(27,823,000)	(41,403,000)
Equity in (loss) income of unconsolidated entities	0	0	0	0
Other (expense) income, net	(14,252,000)	(17,233,000)	(46,709,000)	(55,147,000)
(Loss) income from continuing operations before income taxes	(24,248,000)	(33,104,000)	(78,170,000)	(99,297,000)
(Benefit from) provision for income taxes	(1,937,000)	(12,868,000)	(2,074,000)	(38,597,000)
Equity in (loss) income of subsidiaries	16,869,000	(17,820,000)	32,604,000	(14,524,000)
Loss from continuing operations	(5,442,000)	(38,056,000)	(43,492,000)	(75,224,000)
Loss from discontinued operations, net of tax	0	0	0	0
Equity in income (loss) of subsidiaries	(346,000)	(1,828,000)	(2,324,000)	(3,869,000)
Net loss	(5,788,000)	(39,884,000)	(45,816,000)	(79,093,000)
Loss on extinguishment of debt			(3,638,000)	(2,747,000)
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Total revenue	314,439,000	254,555,000	849,243,000	634,746,000
Home construction and land sales expenses	250,501,000	212,096,000	685,670,000	520,137,000
Inventory impairments and option contract abandonments		5,597,000	2,229,000	10,217,000
Gross profit	63,938,000	36,862,000	161,344,000	104,392,000
Commissions	13,078,000	10,776,000	35,406,000	27,522,000
General and administrative expenses	29,570,000	27,840,000	84,633,000	82,291,000
Depreciation and amortization	2,953,000	3,743,000	8,761,000	9,336,000
Operating income (loss)	18,337,000	(5,497,000)	32,544,000	(14,757,000)
Equity in (loss) income of unconsolidated entities	(310,000)	48,000	(206,000)	(25,000)
Other (expense) income, net	211,000	414,000	839,000	1,780,000
(Loss) income from continuing operations before income taxes	18,238,000	(5,035,000)	33,177,000	(13,002,000)
(Benefit from) provision for income taxes	1,457,000	12,936,000	880,000	1,936,000
Equity in (loss) income of subsidiaries	0	0	0	0
Loss from continuing operations	16,781,000	(17,971,000)	32,297,000	(14,938,000)
Loss from discontinued operations, net of tax	(344,000)	(1,820,000)	(2,354,000)	(3,858,000)
Equity in income (loss) of subsidiaries	0	0	0	0
Net loss	16,437,000	(19,791,000)	29,943,000	(18,796,000)
Loss on extinguishment of debt			0	0
Non-Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Total revenue	173,000	240,000	563,000	701,000
Home construction and land sales expenses	0	0	0	0
Inventory impairments and option contract abandonments		0	0	0
Gross profit	173,000	240,000	563,000	701,000
Commissions	0	0	0	0
General and administrative expenses	42,000	27,000	102,000	89,000
Depreciation and amortization	0	0	0	0
Operating income (loss)	131,000	213,000	461,000	612,000
Equity in (loss) income of unconsolidated entities	0	0	0	0
Other (expense) income, net	5,000	15,000	12,000	25,000
(Loss) income from continuing operations before income taxes	136,000	228,000	473,000	637,000
(Benefit from) provision for income taxes	48,000	77,000	166,000	223,000
Equity in (loss) income of subsidiaries	0	0	0	0
Loss from continuing operations	88,000	151,000	307,000	414,000
Loss from discontinued operations, net of tax	(2,000)	(8,000)	30,000	(11,000)
Equity in income (loss) of subsidiaries	0	0	0	0
Net loss	86,000	143,000	337,000	403,000
Loss on extinguishment of debt			0	0
Consolidating Adjustments
Condensed Financial Statements, Captions [Line Items]
Total revenue	(173,000)	(240,000)	(563,000)	(701,000)
Home construction and land sales expenses	(173,000)	(240,000)	(563,000)	(701,000)
Inventory impairments and option contract abandonments		0	0	0
Gross profit	0	0	0	0
Commissions	0	0	0	0
General and administrative expenses	0	0	0	0
Depreciation and amortization	0	0	0	0
Operating income (loss)	0	0	0	0
Equity in (loss) income of unconsolidated entities	0	0	0	0
Other (expense) income, net	0	0	0	0
(Loss) income from continuing operations before income taxes	0	0	0	0
(Benefit from) provision for income taxes	0	0	0	0
Equity in (loss) income of subsidiaries	(16,869,000)	17,820,000	(32,604,000)	14,524,000
Loss from continuing operations	(16,869,000)	17,820,000	(32,604,000)	14,524,000
Loss from discontinued operations, net of tax	0	0	0	0
Equity in income (loss) of subsidiaries	346,000	1,828,000	2,324,000	3,869,000
Net loss	(16,523,000)	19,648,000	(30,280,000)	18,393,000
Loss on extinguishment of debt			$ 0	$ 0

Supplemental Guarantor Information - Unaudited Consolidating Statements of Cash Flows (Details) (USD $) In Thousands, unless otherwise specified	9 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
Condensed Financial Statements, Captions [Line Items]
Deferred and other income tax benefit	$ (485)	$ (36,378)
Stock-based compensation expense	2,275	3,211
Inventory impairments and option contract abandonments	2,246	11,071
Net cash provided by (used in) operating activities	(198,194)	(106,412)
Cash flows from investing activities:
Capital expenditures	(6,572)	(15,117)
Investments in unconsolidated entities	(1,374)	(2,075)
Payments of Capital Distribution	432	440
Increases in restricted cash	(1,788)	(1,679)
Decreases in restricted cash	9,035	6,955
Net cash used in investing activities	(267)	(11,476)
Cash flows from financing activities:
Payments for Repurchase of Common Stock		(1,296)
Repayment of debt	(185,431)	(3,369)
Proceeds from issuance of new debt	200,000	0
Settlement of unconsolidated entity debt obligation	(500)	(15,862)
Debt issuance costs	(4,935)	(274)
Dividends paid		0
Advances to/from subsidiaries	0	0
Payments for other financing activities	(122)	(98)
Net cash provided by (used in) financing activities	9,012	(20,899)
Decrease in cash and cash equivalents	(189,449)	(138,787)
Cash and cash equivalents at beginning of period	487,795	370,403
Cash and cash equivalents at end of period	298,346	231,616
Beazer Homes USA, Inc.
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	(53,663)	(109,339)
Cash flows from investing activities:
Capital expenditures	0	0
Investments in unconsolidated entities	0	0
Payments of Capital Distribution	0	0
Increases in restricted cash	(1,237)	(645)
Decreases in restricted cash	8,487	5,878
Net cash used in investing activities	7,250	5,233
Cash flows from financing activities:
Payments for Repurchase of Common Stock		(1,296)
Repayment of debt	(185,161)	(2,460)
Proceeds from issuance of new debt	200,000
Settlement of unconsolidated entity debt obligation	0	(15,862)
Debt issuance costs	(4,935)	(274)
Dividends paid		(1,800)
Advances to/from subsidiaries	(148,994)	(9,202)
Payments for other financing activities	(122)	(98)
Net cash provided by (used in) financing activities	(139,212)	(30,992)
Decrease in cash and cash equivalents	(185,625)	(135,098)
Cash and cash equivalents at beginning of period	481,394	360,723
Cash and cash equivalents at end of period	295,769	225,625
Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	(144,770)	2,225
Cash flows from investing activities:
Capital expenditures	(6,572)	(15,117)
Investments in unconsolidated entities	(1,374)	(2,075)
Payments of Capital Distribution	432	440
Increases in restricted cash	(551)	(1,034)
Decreases in restricted cash	548	1,077
Net cash used in investing activities	(7,517)	(16,709)
Cash flows from financing activities:
Payments for Repurchase of Common Stock		0
Repayment of debt	(270)	(909)
Proceeds from issuance of new debt	0
Settlement of unconsolidated entity debt obligation	(500)	0
Debt issuance costs	0	0
Dividends paid		0
Advances to/from subsidiaries	150,571	11,527
Payments for other financing activities	0	0
Net cash provided by (used in) financing activities	149,801	10,618
Decrease in cash and cash equivalents	(2,486)	(3,866)
Cash and cash equivalents at beginning of period	8,215	10,488
Cash and cash equivalents at end of period	5,729	6,622
Non-Guarantor Subsidiaries
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	239	702
Cash flows from investing activities:
Capital expenditures	0	0
Investments in unconsolidated entities	0	0
Payments of Capital Distribution	0	0
Increases in restricted cash	0	0
Decreases in restricted cash	0	0
Net cash used in investing activities	0	0
Cash flows from financing activities:
Payments for Repurchase of Common Stock		0
Repayment of debt	0	0
Proceeds from issuance of new debt	0
Settlement of unconsolidated entity debt obligation	0	0
Debt issuance costs	0	0
Dividends paid		1,800
Advances to/from subsidiaries	3	(1,847)
Payments for other financing activities	0	0
Net cash provided by (used in) financing activities	3	(47)
Decrease in cash and cash equivalents	242	655
Cash and cash equivalents at beginning of period	646	418
Cash and cash equivalents at end of period	888	1,073
Consolidating Adjustments
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) operating activities	0	0
Cash flows from investing activities:
Capital expenditures	0	0
Investments in unconsolidated entities	0	0
Payments of Capital Distribution	0	0
Increases in restricted cash	0	0
Decreases in restricted cash	0	0
Net cash used in investing activities	0	0
Cash flows from financing activities:
Payments for Repurchase of Common Stock		0
Repayment of debt	0	0
Proceeds from issuance of new debt	0
Settlement of unconsolidated entity debt obligation	0	0
Debt issuance costs	0	0
Dividends paid		0
Advances to/from subsidiaries	(1,580)	(478)
Payments for other financing activities	0	0
Net cash provided by (used in) financing activities	(1,580)	(478)
Decrease in cash and cash equivalents	(1,580)	(478)
Cash and cash equivalents at beginning of period	(2,460)	(1,226)
Cash and cash equivalents at end of period	$ (4,040)	$ (1,704)

Supplemental Guarantor Information - Unaudited Consolidating Balance Sheet Information Parentheticals (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Sep. 30, 2012
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Allowances for accounts receivable	$ 2,045	$ 2,235

Discontinued Operations - Results of Discontinued Operations (Details) (USD $)	3 Months Ended		9 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Home construction and land sales expenses	$ 260,324,000	$ 227,505,000	$ 712,930,000	$ 560,564,000
Inventory impairments and option contract abandonments	0	5,819,000	2,229,000	10,492,000
Gross profit	54,115,000	21,231,000	134,084,000	63,690,000
Commissions	13,078,000	10,776,000	35,406,000	27,522,000
General and administrative expenses	29,612,000	27,867,000	84,735,000	82,380,000
Depreciation and amortization	2,953,000	3,743,000	8,761,000	9,336,000
Operating loss	8,472,000	(21,155,000)	5,182,000	(55,548,000)
Other (expense) income, net	(14,036,000)	(16,804,000)	(45,858,000)	(53,342,000)
(Benefit from) provision for income taxes	(432,000)	145,000	(1,028,000)	(36,438,000)
Loss from discontinued operations, net of tax	(346,000)	(1,828,000)	(2,324,000)	(3,869,000)
Discontinued Operations
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total revenue	0	2,207,000	288,000	5,681,000
Home construction and land sales expenses	37,000	2,509,000	(29,000)	5,444,000
Inventory impairments and option contract abandonments	0	545,000	17,000	579,000
Gross profit	(37,000)	(847,000)	300,000	(342,000)
Commissions	0	46,000	0	217,000
General and administrative expenses	346,000	919,000	2,761,000	3,636,000
Depreciation and amortization	0	10,000	0	35,000
Operating loss	(383,000)	(1,822,000)	(2,461,000)	(4,230,000)
Other (expense) income, net	(1,000)	(1,000)	68,000	(47,000)
Loss from discontinued operations before income taxes	(384,000)	(1,823,000)	(2,393,000)	(4,277,000)
(Benefit from) provision for income taxes	$ (38,000)	$ 5,000	$ (69,000)	$ (408,000)