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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Assets    
Cash and cash equivalents $ 282,914 $ 208,657
Receivables 125,600 82,500
Real estate inventories 3,105,553 2,910,627
Investments in unconsolidated entities 5,870 17,546
Goodwill and other intangible assets, net 160,961 161,495
Deferred tax assets, net 76,413 123,223
Other assets 48,070 60,592
Total assets 3,805,381 3,564,640
Liabilities    
Accounts payable 72,870 70,252
Accrued expenses and other liabilities 330,882 263,845
Unsecured revolving credit facility 0 200,000
Seller financed loans 0 13,726
Senior notes, net 1,471,302 1,168,307
Total liabilities 1,875,054 1,716,130
Commitments and contingencies
Stockholders’ Equity:    
Preferred stock, $0.01 par value, 50,000,000 shares authorized; no shares issued and outstanding as of December 31, 2017 and 2016, respectively 0 0
Common stock, $0.01 par value, 500,000,000 shares authorized; 151,162,999 and 158,626,229 shares issued and outstanding at December 31, 2017 and December 31, 2016, respectively 1,512 1,586
Additional paid-in capital 793,980 880,822
Retained earnings 1,134,230 947,039
Total stockholders’ equity 1,929,722 1,829,447
Noncontrolling interests 605 19,063
Total equity 1,930,327 1,848,510
Total liabilities and equity $ 3,805,381 $ 3,564,640