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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 394,001 $ 55,436
Cash held in escrow 23,149 35,308
Accounts receivable 21,781 27,438
Inventories 1,929,664 1,995,549
Mortgage loans held for sale 282,639 185,246
Prepaid expenses and other assets 122,630 124,008
Property and equipment, net 28,384 35,998
Deferred tax assets, net 12,450 10,589
Goodwill 30,395 30,395
Total assets 2,845,093 2,499,967
Liabilities:    
Accounts payable 107,712 84,794
Accrued expenses and other liabilities 302,751 213,975
Notes payable 894,875 896,704
Revolving line of credit   68,700
Mortgage repurchase facilities 259,050 174,095
Total liabilities 1,564,388 1,438,268
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, 33,350,633 and 33,067,375 shares issued and outstanding at December 31, 2020 and December 31, 2019, respectively 334 331
Additional paid-in capital 697,200 684,354
Retained earnings 583,171 377,014
Total stockholders' equity 1,280,705 1,061,699
Total liabilities and stockholders' equity $ 2,845,093 $ 2,499,967