Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Operating activities
Net income	$ 259,224	$ 525,126	$ 498,504
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	15,774	11,223	10,912
Stock-based compensation expense	36,777	20,049	14,377
Fair value of mortgage loans held for sale and other	1,642	11,036	5
Loss on debt extinguishment			14,458
Inventory impairment	1,877	10,149	41
Abandonment of lot option contracts	3,373	11,564	2,935
Deferred income taxes	3,858	383	(8,701)
Loss on disposition of assets	1,922	2,196	1,483
Changes in assets and liabilities:
Cash held in escrow	(45,276)	(4,272)	(29,148)
Accounts receivable	(23,416)	(10,865)	(20,238)
Inventories	(185,095)	(381,404)	(524,181)
Mortgage loans held for sale	(45,719)	139,956	(72,378)
Prepaid expenses and other assets	(15,615)	(19,896)	(79,413)
Accounts payable	40,339	22,247	(23,033)
Accrued expenses and other liabilities	(8,037)	(22,145)	13,224
Net cash provided by (used in) operating activities	41,628	315,347	(201,153)
Investing activities
Purchases of property and equipment	(43,140)	(20,168)	(8,910)
Expenditures related to development of rental properties	(88,538)	(30,291)
Other investing activities	(302)	(3,805)	2,434
Net cash used in investing activities	(131,980)	(54,264)	(6,476)
Financing activities
Borrowings under revolving credit facilities	150,000	1,478,000	30,000
Payments on revolving credit facilities	(150,000)	(1,478,000)	(30,000)
Borrowing under construction loan agreements	37,506	7,389
Proceeds from issuance of senior notes due 2029			500,000
Extinguishment of senior notes due 2025			(411,752)
Proceeds from issuance of insurance premium notes and other	26,511	26,278	21,484
Principal payments on insurance premium notes and other	(22,546)	(14,771)	(15,532)
Debt issuance costs			(6,159)
Net proceeds (payments) for mortgage repurchase facilities	41,672	(134,250)	72,826
Withholding of common stock upon vesting of stock-based compensation awards	(10,672)	(12,754)	(13,726)
Repurchases of common stock under stock repurchase program	(19,227)	(120,646)
Dividend payments	(29,381)	(26,034)	(15,192)
Other financing activities		(44)	(160)
Net cash provided by (used in) financing activities	23,863	(274,832)	131,789
Net increase (decrease)	(66,489)	(13,749)	(75,840)
Cash and cash equivalents and Restricted cash, Beginning of period	308,492	322,241	398,081
Cash and cash equivalents and Restricted cash, End of period	242,003	308,492	322,241
Supplemental cash flow disclosure
Cash paid for income taxes	80,380	168,117	155,590
Cash and cash equivalents and Restricted cash
Cash and cash equivalents	226,150	296,724	316,310
Restricted cash (Note 6)	15,853	11,768	5,931
Cash and cash equivalents and Restricted cash	$ 242,003	$ 308,492	$ 322,241