Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Assets
Cash and cash equivalents	$ 405,722	$ 296,724
Cash held in escrow	12,691	56,569
Accounts receivable	52,787	52,797
Inventories	2,741,187	2,830,645
Mortgage loans held for sale	155,732	203,558
Prepaid expenses and other assets	260,505	250,535
Property and equipment, net	33,019	31,688
Deferred tax assets, net	20,939	20,856
Goodwill	30,395	30,395
Total assets	3,712,977	3,773,767
Liabilities:
Accounts payable	106,525	106,926
Accrued expenses and other liabilities	258,412	299,588
Notes payable	1,026,615	1,019,412
Revolving line of credit
Mortgage repurchase facilities	149,784	197,626
Total liabilities	1,541,336	1,623,552
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, 32,025,785 and 31,772,791 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively	320	318
Additional paid-in capital	580,489	584,803
Retained earnings	1,590,832	1,565,094
Total stockholders' equity	2,171,641	2,150,215
Total liabilities and stockholders' equity	$ 3,712,977	$ 3,773,767