The company's principal activities are obtaining zoning and other entitlements for land and improving the land for residential development. the company is a residential land development and homebuilding company with properties located primarily in southern california. the company also provides residential real estate development services to third parties and single-family constructions. the company sells improved and unimproved land to other developers or home builders or participate in joint ventures with other developers, investors or homebuilders to finance and construct infrastructure and homes.