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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following tables summarize revenues and net and comprehensive income by segment for the three and six months ended June 30, 2022 and 2021 as well as total assets and goodwill by segment as of June 30, 2022 and December 31, 2021 (in thousands):
For the Three Months Ended
June 30,
For the Six Months Ended
June 30,
Revenues:2022202120222021
Jacksonville$180,853 $93,937 $315,684 $190,518 
Colorado39,431 24,797 77,584 40,007 
Orlando60,468 60,182 107,311 124,618 
DC Metro12,363 23,898 24,243 37,846 
The Carolinas118,180 94,829 201,763 193,332 
Texas305,068 — 580,492 — 
Jet Home Loans6,695 5,826 13,653 12,845 
Other (1)
76,771 67,633 150,123 122,515 
Total segment revenues799,829 371,102 1,470,853 721,681 
Reconciling items from equity method investments(6,695)(5,826)(13,653)(12,845)
Consolidated revenues$793,134 $365,276 $1,457,200 $708,836 
For the Three Months Ended
June 30,
For the Six Months Ended
June 30,
Net and comprehensive income:2022202120222021
Jacksonville$27,548 $11,277 $45,007 $19,486 
Colorado4,638 2,385 9,159 2,840 
Orlando3,972 5,111 6,886 10,439 
DC Metro383 1,609 1,055 1,999 
The Carolinas6,871 1,074 9,051 5,224 
Texas23,183 — 40,607 — 
Jet Home Loans2,037 2,216 4,326 5,048 
Other (1)
(804)9,558 (300)7,593 
Total segment net and comprehensive income67,828 33,230 115,791 52,629 
Reconciling items from equity method investments(1,457)(1,171)(3,086)(2,974)
Consolidated net and comprehensive income$66,371 $32,059 $112,705 $49,655 
Assets: Goodwill:
As of
June 30,
As of
December 31,
As of
June 30,
As of
December 31,
2022202120222021
Jacksonville$283,657 $207,502 $— $— 
Colorado152,101 116,121 — — 
Orlando206,892 131,882 1,795 1,795 
DC Metro89,611 62,051 — — 
The Carolinas284,166 247,250 16,853 16,853 
Texas770,383 743,306 141,071 141,071 
Jet Home Loans68,966 77,074 — — 
Other (1)
319,465 379,859 12,208 12,208 
Total segments2,175,241 1,965,045 171,927 171,927 
Reconciling items from equity method investments(62,455)(70,798)— — 
Consolidated$2,112,786 $1,894,248 $171,927 $171,927 
(1)Other includes the Company’s title operations, homebuilding operations in non-reportable segments, operations of the corporate component, and corporate assets such as cash and cash equivalents, cash held in trust, prepaid insurance, operating and financing leases, as well as property and equipment.