Warranty Accrual (Tables)

3 Months Ended

Mar. 31, 2021

Product Warranties Disclosures [Abstract]

Schedule of Product Warranty Liability

The table set forth below summarizes accrual, adjustment and payment activity related to our warranty accrual for the three months ended March 31, 2021 and 2020. The warranty accrual increased due to the increase in the number of home closings.

	Three Months Ended March 31,
	2021		2020
	(Dollars in thousands)
Balance at beginning of period	$	33,664	$	31,386
Expense provisions	4,385		3,165
Cash payments	(4,176)		(3,664)
Balance at end of period	$	33,873	$	30,887