Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Operating activities
Net income	$ 33,311	$ 142,496
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	3,292	2,606
Stock-based compensation expense	5,360	4,064
Fair value of mortgage loans held for sale and other	205	4,443
Abandonment of lot option contracts	638	875
Deferred income taxes	(83)	(33)
Loss on disposition of assets	198	384
Changes in assets and liabilities:
Cash held in escrow	43,878	7,085
Accounts receivable	10	(4,106)
Inventories	90,152	(222,863)
Mortgage loans held for sale	48,241	144,361
Prepaid expenses and other assets	8,247	(28,959)
Accounts payable	(401)	6,841
Accrued expenses and other liabilities	(41,714)	52,239
Net cash provided by operating activities	191,334	109,433
Investing activities
Purchases of property and equipment	(4,820)	(5,841)
Expenditures related to development of rental properties	(16,268)
Other investing activities	152	750
Net cash used in investing activities	(20,936)	(5,091)
Financing activities
Borrowings under revolving credit facilities		141,500
Payments on revolving credit facilities		(141,500)
Borrowing under construction loan agreements	7,137
Proceeds from issuance of insurance premium notes and other	3,032	16,863
Principal payments on insurance premium notes and other	(3,364)	(5,235)
Net payments for mortgage repurchase facilities	(47,842)	(138,848)
Withholding of common stock upon vesting of stock-based compensation awards	(9,880)	(12,138)
Repurchases of common stock under stock repurchase program		(62,377)
Dividend payments	(7,365)	(6,657)
Other financing activities		(34)
Net cash used in financing activities	(58,282)	(208,426)
Net increase (decrease)	112,116	(104,084)
Cash and cash equivalents and Restricted cash, Beginning of period	308,492	322,241
Cash and cash equivalents and Restricted cash, End of period	420,608	218,157
Supplemental cash flow disclosure
Cash paid (refund) for income taxes		(893)
Cash and cash equivalents and Restricted cash
Cash and cash equivalents	405,722	209,046
Restricted cash (Note 5)	14,886	9,111
Cash and cash equivalents and Restricted cash	$ 420,608	$ 218,157