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Revenue Recognition (Narrative) (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]          
Disaggregation of Revenue    
The following reflects the disaggregation of revenue by primary geographic market, type of customer, product type, and timing of revenue recognition for the three and nine months ended September 30, 2022 and 2021 (in thousands):
Three Months Ended September 30, 2022Three Months Ended September 30, 2021
Residential units revenueLand and lots revenueResidential units revenueLand and lots revenue
Primary Geographical Market
Central$259,033 $3,950 $244,603 $3,440 
Southeast137,716 7,245 94,297 — 
Total revenues$396,749 $11,195 $338,900 $3,440 
Type of Customer
Homebuyers$396,749 $— $338,900 $— 
Homebuilders and Multi-family Developers— 11,195 — 3,440 
Total revenues$396,749 $11,195 $338,900 $3,440 
Product Type
Residential units$396,749 $— $338,900 $— 
Land and lots— 11,195 — 3,440 
Total revenues$396,749 $11,195 $338,900 $3,440 
Timing of Revenue Recognition
Transferred at a point in time$394,731 $11,195 $338,075 $3,440 
Transferred over time2,018 — 825 — 
Total revenues$396,749 $11,195 $338,900 $3,440 
Nine Months Ended September 30, 2022Nine Months Ended September 30, 2021
Residential units revenueLand and lots revenueResidential units revenueLand and lots revenue
Primary Geographical Market
Central$885,611 $45,416 $635,573 $34,413 
Southeast388,314 7,363 254,063 26,576 
Total revenues$1,273,925 $52,779 $889,636 $60,989 
Type of Customer
Homebuyers$1,273,925 $— $889,636 $— 
Homebuilders and Multi-family Developers— 52,779 — 60,989 
Total revenues$1,273,925 $52,779 $889,636 $60,989 
Product Type
Residential units$1,273,925 $— $889,636 $— 
Land and lots— 52,779 — 60,989 
Total revenues$1,273,925 $52,779 $889,636 $60,989 
Timing of Revenue Recognition
Transferred at a point in time$1,268,329 $52,779 $886,488 $60,989 
Transferred over time5,596 — 3,148 — 
Total revenues$1,273,925 $52,779 $889,636 $60,989 

Revenue recognized over time represents revenue from mechanic’s lien contracts.
   
Opening and Closing Contract Balances Included in Customer and Builder Deposits on Balance Sheet and Deposits Recognized as Revenue     Opening and closing contract balances included in customer and builder deposits on the condensed consolidated balance sheets are as follows (in thousands):
September 30, 2022December 31, 2021
Customer and builder deposits$43,622 $64,610 
The amount of deposits on residential units and land and lots held as of the beginning of the period and recognized as revenue during the three and nine months ended September 30, 2022 and 2021 are as follows (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2022202120222021
Type of Customer
Homebuyers$22,798 $14,839 $51,753 $24,120 
Homebuilders and Multi-Family Developers428 815 620 1,982 
Total deposits recognized as revenue$23,226 $15,654 $52,373 $26,102 
   
Revenue Recognition    
8. REVENUE RECOGNITION

Disaggregation of Revenue
The following reflects the disaggregation of revenue by primary geographic market, type of customer, product type, and timing of revenue recognition for the three and nine months ended September 30, 2022 and 2021 (in thousands):
Three Months Ended September 30, 2022Three Months Ended September 30, 2021
Residential units revenueLand and lots revenueResidential units revenueLand and lots revenue
Primary Geographical Market
Central$259,033 $3,950 $244,603 $3,440 
Southeast137,716 7,245 94,297 — 
Total revenues$396,749 $11,195 $338,900 $3,440 
Type of Customer
Homebuyers$396,749 $— $338,900 $— 
Homebuilders and Multi-family Developers— 11,195 — 3,440 
Total revenues$396,749 $11,195 $338,900 $3,440 
Product Type
Residential units$396,749 $— $338,900 $— 
Land and lots— 11,195 — 3,440 
Total revenues$396,749 $11,195 $338,900 $3,440 
Timing of Revenue Recognition
Transferred at a point in time$394,731 $11,195 $338,075 $3,440 
Transferred over time2,018 — 825 — 
Total revenues$396,749 $11,195 $338,900 $3,440 
Nine Months Ended September 30, 2022Nine Months Ended September 30, 2021
Residential units revenueLand and lots revenueResidential units revenueLand and lots revenue
Primary Geographical Market
Central$885,611 $45,416 $635,573 $34,413 
Southeast388,314 7,363 254,063 26,576 
Total revenues$1,273,925 $52,779 $889,636 $60,989 
Type of Customer
Homebuyers$1,273,925 $— $889,636 $— 
Homebuilders and Multi-family Developers— 52,779 — 60,989 
Total revenues$1,273,925 $52,779 $889,636 $60,989 
Product Type
Residential units$1,273,925 $— $889,636 $— 
Land and lots— 52,779 — 60,989 
Total revenues$1,273,925 $52,779 $889,636 $60,989 
Timing of Revenue Recognition
Transferred at a point in time$1,268,329 $52,779 $886,488 $60,989 
Transferred over time5,596 — 3,148 — 
Total revenues$1,273,925 $52,779 $889,636 $60,989 

Revenue recognized over time represents revenue from mechanic’s lien contracts.

Contract Balances
Opening and closing contract balances included in customer and builder deposits on the condensed consolidated balance sheets are as follows (in thousands):
September 30, 2022December 31, 2021
Customer and builder deposits$43,622 $64,610 

The difference between the opening and closing balances of customer and builder deposits results from the timing difference between the customers’ payments of deposits and the Company’s performance, impacted slightly by terminations of contracts.

The amount of deposits on residential units and land and lots held as of the beginning of the period and recognized as revenue during the three and nine months ended September 30, 2022 and 2021 are as follows (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2022202120222021
Type of Customer
Homebuyers$22,798 $14,839 $51,753 $24,120 
Homebuilders and Multi-Family Developers428 815 620 1,982 
Total deposits recognized as revenue$23,226 $15,654 $52,373 $26,102 
Performance Obligations
There was no revenue recognized during the nine months ended September 30, 2022 and 2021 from performance obligations satisfied in prior periods.

Transaction Price Allocated to the Remaining Performance Obligations
The aggregate amount of transaction price allocated to the remaining performance obligations on our land sale and lot option contracts is $8.1 million. The Company will recognize the remaining revenue when the lots are taken down, or upon closing for the sale of a land parcel, which is expected to occur as follows (in thousands):
Total
Remainder of 2022$1,356 
20236,704 
2024— 
Total$8,060 

The timing of lot takedowns is contingent upon a number of factors, including customer needs, the number of lots being purchased, receipt of acceptance of the plat by the municipality, weather-related delays, and agreed-upon lot takedown schedules.
Our contracts with homebuyers have a duration of less than one year. As such, the Company uses the practical expedient as allowed under ASC 606, Revenue from Contracts with Customers, and therefore has not disclosed the transaction price allocated to remaining performance obligations as of the end of the reporting period.
   
Disaggregation of Revenue [Line Items]          
Total revenues $ 407,944,000 $ 342,340,000 $ 1,326,704,000 $ 950,625,000  
Revenue recognized 23,226,000 15,654,000 52,373,000 26,102,000  
Revenue recognized from performance obligations satisfied in prior periods     0    
Contract with Customer, Liability 43,622,000   43,622,000   $ 64,610,000
Residential Real Estate [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 396,749,000 338,900,000 1,273,925,000 889,636,000  
Residential Real Estate [Member] | Transferred at a point in time          
Disaggregation of Revenue [Line Items]          
Total revenues 394,731,000 338,075,000 1,268,329,000 886,488,000  
Residential Real Estate [Member] | Transferred over Time [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 2,018,000 825,000 5,596,000 3,148,000  
Real Estate, Other [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 11,195,000 3,440,000 52,779,000 60,989,000  
Real Estate, Other [Member] | Transferred at a point in time          
Disaggregation of Revenue [Line Items]          
Total revenues 11,195,000 3,440,000 52,779,000 60,989,000  
Real Estate, Other [Member] | Transferred over Time [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 0 0 0 0  
Homebuilders [Member] | Residential Real Estate [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 0 0 0 0  
Revenue recognized 428,000 815,000 620,000 1,982,000  
Homebuilders [Member] | Real Estate, Other [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 11,195,000 3,440,000 52,779,000 60,989,000  
Homebuyers [Member] | Residential Real Estate [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 396,749,000 338,900,000 1,273,925,000 889,636,000  
Revenue recognized 22,798,000 14,839,000 51,753,000 24,120,000  
Homebuyers [Member] | Real Estate, Other [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 0 0 0 0  
Central | Residential Real Estate [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 259,033,000 244,603,000 885,611,000 635,573,000  
Central | Real Estate, Other [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 3,950,000 3,440,000 45,416,000 34,413,000  
Southeast [Domain] | Residential Real Estate [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 137,716,000 94,297,000 388,314,000 254,063,000  
Southeast [Domain] | Real Estate, Other [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 7,245,000 0 7,363,000 26,576,000  
Land Subdivider and Developers          
Disaggregation of Revenue [Line Items]          
Total revenues 3,950,000 3,295,000 45,416,000 32,537,000  
Land Subdivider and Developers | Residential Real Estate [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 0 0 0 0  
Homebuilders [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 403,994,000 339,045,000 1,281,288,000 918,088,000  
Homebuilders [Member] | Real Estate, Other [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 7,200,000 100,000 7,400,000 28,500,000  
Homebuilders [Member] | Land and Lots [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 0 0 0 0  
Homebuilders [Member] | Southeast [Domain]          
Disaggregation of Revenue [Line Items]          
Total revenues $ 144,961,000 $ 94,298,000 $ 395,677,000 $ 280,640,000