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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 55,436 $ 32,902
Cash held in escrow 35,308 24,344
Accounts receivable 27,438 13,464
Inventories 1,995,549 1,848,243
Mortgage loans held for sale 185,246 112,394
Prepaid expenses and other assets 123,800 140,397
Property and equipment, net 35,998 33,258
Deferred tax assets, net 10,589 13,763
Amortizable intangible assets, net 208 5,095
Goodwill 30,395 30,395
Total assets 2,499,967 2,254,255
Liabilities:    
Accounts payable 84,794 89,907
Accrued expenses and other liabilities 213,975 213,157
Notes payable 896,704 784,777
Revolving line of credit 68,700 202,500
Mortgage repurchase facilities 174,095 104,555
Total liabilities 1,438,268 1,394,896
Stockholders' equity:    
Preferred stock, $0.01 par value, 50,000,000 shares authorized, none outstanding
Common stock, $0.01 par value, 100,000,000 shares authorized, 33,067,375 and 30,154,791 shares issued and outstanding at December 31, 2019 and December 31, 2018, respectively 331 302
Additional paid-in capital 684,354 595,037
Retained earnings 377,014 264,020
Total stockholders' equity 1,061,699 859,359
Total liabilities and stockholders' equity $ 2,499,967 $ 2,254,255