Prepaid Expenses and Other Assets (Tables)

6 Months Ended

Jun. 30, 2023

Prepaid Expenses and Other Assets [Abstract]

Schedule of Prepaid Expenses and Other Assets

	June 30,		December 31,
	2023		2022
Prepaid insurance	$	25,198	$	31,716
Lot option and escrow deposits		41,190		48,354
Performance deposits		12,648		12,626
Restricted cash (1)		18,803		11,768
Multi-family rental properties under construction		98,006		56,615
Mortgage loans held for investment at fair value		20,559		18,875
Mortgage loans held for investment at amortized cost		6,971		6,574
Mortgage servicing rights		26,631		24,164
Derivative assets		3,834		1,958
Other assets and prepaid expenses		33,608		37,885
Total prepaid expenses and other assets	$	287,448	$	250,535

(1)Restricted cash consists of restricted cash related to land development, earnest money deposits for home sale contracts held by third parties as required by various jurisdictions, and certain compensating balances associated with our mortgage repurchase facilities and other financing obligations.