XML 15 R2.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 31,704 $ 32,902
Cash held in escrow 25,838 24,344
Accounts receivable 15,999 13,464
Inventories 2,009,769 1,848,243
Mortgage loans held for sale 122,085 114,074
Prepaid expenses and other assets 123,343 138,717
Property and equipment, net 33,469 33,258
Deferred tax assets, net 13,335 13,763
Amortizable intangible assets, net 4,436 5,095
Goodwill 30,395 30,395
Total assets 2,410,373 2,254,255
Liabilities:    
Accounts payable 97,043 89,907
Accrued expenses and other liabilities 212,750 213,157
Notes payable 890,606 784,777
Revolving line of credit 212,000 202,500
Mortgage repurchase facilities 100,745 104,555
Total liabilities 1,513,144 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, 30,438,505 and 30,154,791 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively 304 302
Additional paid-in capital 600,293 595,037
Retained earnings 296,632 264,020
Total stockholders' equity 897,229 859,359
Total liabilities and stockholders' equity $ 2,410,373 $ 2,254,255