Warranty Accrual (Tables)

6 Months Ended

Jun. 30, 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 and six months ended June 30, 2021 and 2020. The warranty accrual increased due to the increase in the number of home closings.

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
	(Dollars in thousands)
Balance at beginning of period	$	33,873	$	30,887	$	33,664	$	31,386
Expense provisions	5,703		3,937		10,088		7,102
Cash payments	(4,559)		(2,366)		(8,735)		(6,030)
Adjustments	—		(2,000)		—		(2,000)
Balance at end of period	$	35,017	$	30,458	$	35,017	$	30,458