Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Operating activities
Net income	$ 84,756	$ 301,164
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	6,913	5,352
Stock-based compensation expense	14,291	9,791
Fair value of mortgage loans held for sale and other	(2,309)	5,322
Abandonment of lot option contracts	1,670	3,010
Deferred income taxes	426	1,883
Loss on disposition of assets	825	1,067
Changes in assets and liabilities:
Cash held in escrow	33,324	(30,197)
Accounts receivable	(7,196)	(16,824)
Inventories	(24,354)	(544,237)
Mortgage loans held for sale	6,400	128,114
Prepaid expenses and other assets	11,564	(26,582)
Accounts payable	39,632	32,711
Accrued expenses and other liabilities	(33,167)	26,539
Net cash provided by (used in) operating activities	132,775	(102,887)
Investing activities
Purchases of property and equipment	(8,713)	(8,785)
Expenditures related to development of rental properties	(39,501)	(13,618)
Other investing activities	(391)	(2,879)
Net cash used in investing activities	(48,605)	(25,282)
Financing activities
Borrowings under revolving credit facilities		571,000
Payments on revolving credit facilities		(430,000)
Borrowing under construction loan agreements	13,757
Proceeds from issuance of insurance premium notes and other	3,032	18,031
Principal payments on insurance premium notes and other	(6,213)	(9,043)
Net payments for mortgage repurchase facilities	(6,602)	(122,875)
Withholding of common stock upon vesting of stock-based compensation awards	(10,643)	(12,735)
Repurchases of common stock under stock repurchase program	(1,969)	(98,305)
Dividend payments	(14,733)	(13,225)
Other financing activities		879
Net cash used in financing activities	(23,371)	(96,273)
Net increase (decrease)	60,799	(224,442)
Cash and cash equivalents and Restricted cash, Beginning of period	308,492	322,241
Cash and cash equivalents and Restricted cash, End of period	369,291	97,799
Supplemental cash flow disclosure
Cash paid for income taxes	19,295	117,476
Cash and cash equivalents and Restricted cash
Cash and cash equivalents	350,488	78,011
Restricted cash (Note 5)	18,803	19,788
Cash and cash equivalents and Restricted cash	$ 369,291	$ 97,799