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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Inventories:    
Housing completed or under construction $ 1,921,134 $ 1,722,061
Land and land under development 1,315,196 1,793,718
Total inventories 3,236,330 3,515,779
Total Assets 5,488,003 5,363,272
LIABILITIES AND EQUITY    
Total Liabilities 2,195,460 2,271,488
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; 74,662,468 and 72,585,596 issued and outstanding at September 30, 2023 and December 31, 2022, respectively 747 726
Additional paid-in-capital 1,817,494 1,784,173
Retained earnings 1,474,211 1,306,885
Accumulated other comprehensive income 91 0
Total Stockholders' Equity 3,292,543 3,091,784
Total Liabilities and Stockholders' Equity 5,488,003 5,363,272
Homebuilding:    
ASSETS    
Cash and cash equivalents 1,207,532 696,075
Restricted cash 4,300 3,143
Marketable securities 346,351 443,712
Trade and other receivables 81,305 116,364
Inventories:    
Housing completed or under construction 1,921,134 1,722,061
Land and land under development 1,315,196 1,793,718
Total inventories 3,236,330 3,515,779
Property and equipment, net 62,403 63,730
Deferred tax asset, net 46,615 49,252
Prepaids and other assets 70,791 70,007
Total Assets 5,055,627 4,958,062
LIABILITIES AND EQUITY    
Accounts payable 135,265 109,218
Accrued and other liabilities 312,882 383,406
Revolving credit facility 10,000 10,000
Senior notes, net 1,483,193 1,482,576
Total Liabilities 1,941,340 1,985,200
Financial Services:    
ASSETS    
Cash and cash equivalents 150,457 17,877
Marketable securities 79,166 117,388
Inventories:    
Mortgage loans held-for-sale, net 164,254 229,513
Other assets 38,499 40,432
Total Assets 432,376 405,210
LIABILITIES AND EQUITY    
Accounts payable and accrued liabilities 108,650 110,536
Mortgage repurchase facility 145,470 175,752
Total Liabilities $ 254,120 $ 286,288