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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Inventories:    
Property and equipment, net $ 63,730 $ 60,561
Total Assets 5,363,272 4,963,528
LIABILITIES AND EQUITY    
Total Liabilities 2,271,488 2,366,382
Stockholders' Equity    
Preferred stock, $0.01 par value; 25,000,000 shares authorized; none issued or outstanding 0 0
Common stock, $0.01 par value; 250,000,000 shares authorized; 72,585,596 and 70,668,093 issued and outstanding at December 31, 2022 and December 31, 2021, respectively 726 707
Additional paid-in-capital 1,784,173 1,709,276
Retained earnings 1,306,885 887,163
Total Stockholders' Equity 3,091,784 2,597,146
Total Liabilities and Stockholders' Equity 5,363,272 4,963,528
Homebuilding:    
ASSETS    
Cash and cash equivalents 696,075 485,839
Restricted cash 3,143 12,799
Marketable securities 443,712 0
Trade and other receivables 116,364 98,580
Inventories:    
Housing completed or under construction 1,722,061 1,917,616
Land and land under development 1,793,718 1,843,235
Total inventories 3,515,779 3,760,851
Property and equipment, net 63,730 60,561
Deferred tax assets, net 49,252 17,942
Prepaids and other assets 70,007 106,562
Other assets 250 199
Total Assets 4,958,062 4,543,134
LIABILITIES AND EQUITY    
Accounts payable 109,218 149,488
Accrued and other liabilities 383,406 370,910
Revolving credit facility 10,000 10,000
Senior notes, net 1,482,576 1,481,781
Total Liabilities 1,985,200 2,012,179
Financial Services:    
ASSETS    
Cash and cash equivalents 17,877 104,821
Marketable securities 117,388  
Inventories:    
Mortgage loans held-for-sale, net 229,513 282,529
Other assets 40,432 33,044
Total Assets 405,210 420,394
LIABILITIES AND EQUITY    
Accounts payable and accrued liabilities 110,536 97,903
Mortgage repurchase facility 175,752 256,300
Total Liabilities $ 286,288 $ 354,203