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Business Combination
3 Months Ended
Mar. 31, 2022
Business Combinations [Abstract]  
Business Combination
The Company has a noncontrolling interest attributable to the 20% minority interest in GRBK GHO Homes, LLC (“GRBK GHO”) owned by our Florida-based partner that is included as redeemable noncontrolling interest in equity of consolidated subsidiary in the Company’s condensed consolidated financial statements.
The following tables show the changes in redeemable noncontrolling interest in equity of consolidated subsidiary during the three months ended March 31, 2022 and 2021 (in thousands):
Three Months Ended March 31,
20222021
Redeemable noncontrolling interest, beginning of period$21,867 $13,543 
Net income attributable to redeemable noncontrolling interest partner869 329 
Change in fair value of redeemable noncontrolling interest(557)1,829 
Redeemable noncontrolling interest, end of period$22,179 $15,701