XML 26 R2.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 226,150 $ 296,724
Cash held in escrow 101,845 56,569
Accounts receivable 76,213 52,797
Inventories 3,016,641 2,830,645
Mortgage loans held for sale 251,852 203,558
Prepaid expenses and other assets 350,193 250,535
Property and equipment, net 69,075 31,688
Deferred tax assets, net 16,998 20,856
Goodwill 30,395 30,395
Total assets 4,139,362 3,773,767
Liabilities:    
Accounts payable 147,265 106,926
Accrued expenses and other liabilities 303,392 299,588
Notes payable 1,062,471 1,019,412
Revolving line of credit
Mortgage repurchase facilities 239,298 197,626
Total liabilities 1,752,426 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, 31,774,615 and 31,772,791 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively 318 318
Additional paid-in capital 592,989 584,803
Retained earnings 1,793,629 1,565,094
Total stockholders' equity 2,386,936 2,150,215
Total liabilities and stockholders' equity $ 4,139,362 $ 3,773,767