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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 373,407 $ 532,843
Restricted cash 1,578 1,266
Total cash, cash equivalents, and restricted cash 374,985 534,109
Owned inventory 5,845,767 5,209,653
Consolidated real estate not owned 58,429 122,773
Total real estate inventory 5,904,196 5,332,426
Land deposits 163,730 125,625
Mortgage loans held for sale 286,006 201,177
Derivative assets 3,638 5,294
Lease right of use assets 71,261 73,222
Prepaid expenses and other assets, net 277,768 242,744
Other receivables, net 127,947 96,241
Investments in unconsolidated entities 145,780 127,955
Deferred tax assets, net 238,078 238,078
Property and equipment, net 146,463 97,927
Goodwill 663,197 663,197
Total assets 8,403,049 7,737,995
Liabilities    
Accounts payable 210,920 215,047
Accrued expenses and other liabilities 488,516 430,067
Lease liabilities 81,642 83,240
Income taxes payable 36,395 12,841
Customer deposits 520,547 311,257
Estimated development liability 39,135 40,625
Senior notes, net 2,452,333 2,452,365
Loans payable and other borrowings 406,859 348,741
Revolving credit facility borrowings 126,692 0
Mortgage warehouse borrowings 235,685 127,289
Liabilities attributable to consolidated real estate not owned 58,429 122,773
Total liabilities 4,657,153 4,144,245
COMMITMENTS AND CONTINGENCIES (Note 14)
Stockholders’ Equity    
Total stockholders’ equity 3,745,896 3,593,750
Total liabilities and stockholders’ equity $ 8,403,049 $ 7,737,995