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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 350,488 $ 296,724
Cash held in escrow 23,245 56,569
Accounts receivable 59,993 52,797
Inventories 2,856,388 2,830,645
Mortgage loans held for sale 195,598 203,558
Prepaid expenses and other assets 287,448 250,535
Property and equipment, net 32,663 31,688
Deferred tax assets, net 20,430 20,856
Goodwill 30,395 30,395
Total assets 3,856,648 3,773,767
Liabilities:    
Accounts payable 146,559 106,926
Accrued expenses and other liabilities 266,366 299,588
Notes payable 1,030,782 1,019,412
Revolving line of credit
Mortgage repurchase facilities 191,024 197,626
Total liabilities 1,634,731 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, 32,020,378 and 31,772,791 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively 320 318
Additional paid-in capital 586,856 584,803
Retained earnings 1,634,741 1,565,094
Total stockholders' equity 2,221,917 2,150,215
Total liabilities and stockholders' equity $ 3,856,648 $ 3,773,767