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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2015
Accounting Policies [Abstract]  
Summary of Fair Value of Assets Acquired and Liabilities Created
The following is a summary of the fair value of assets acquired, liabilities assumed, and liabilities created as of September 30, 2015 (in thousands):

 
JEH Homes
 
Orleans Homes
 
Total
Acquisition Date
April 30, 2015
 
July 21, 2015
 
 
Assets Acquired
 
 
 
 
 
Real estate inventory
$
55,559

 
$
140,602

 
$
196,161

Land deposits

 
2,236

 
$
2,236

Prepaid expenses and other assets
1,301

 
2,436

 
$
3,737

Property and equipment
395

 
623

 
$
1,018

Goodwill
9,125

 
25,198

 
$
34,323

Total assets
66,380

 
171,095

 
237,475

 
 
 
 
 
 
Less Liabilities Assumed
 
 
 
 
 
Accrued expenses and other liabilities

 
2,700

 
2,700

Customer deposits

 
1,081

 
1,081

 
 
 
 
 
 
Less contingent consideration
$
3,200

 
$

 
$
3,200

Net Assets Acquired
63,180

 
167,314

 
230,494