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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 316,310 $ 394,001
Cash held in escrow 52,297 23,149
Accounts receivable 41,932 21,781
Inventories 2,456,614 1,929,664
Mortgage loans held for sale 353,063 282,639
Prepaid expenses and other assets 200,087 122,630
Property and equipment, net 24,939 28,384
Deferred tax assets, net 21,239 12,450
Goodwill 30,395 30,395
Total assets 3,496,876 2,845,093
Liabilities:    
Accounts payable 84,679 107,712
Accrued expenses and other liabilities 316,877 302,751
Notes payable 998,936 894,875
Revolving line of credit
Mortgage repurchase facilities 331,876 259,050
Total liabilities 1,732,368 1,564,388
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, 33,760,940 and 33,350,633 shares issued and outstanding at December 31, 2021 and December 31, 2020, respectively 338 334
Additional paid-in capital 697,845 697,200
Retained earnings 1,066,325 583,171
Total stockholders' equity 1,764,508 1,280,705
Total liabilities and stockholders' equity $ 3,496,876 $ 2,845,093