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Warranty Accrual
 12 Months Ended
Dec. 31, 2023
Product Warranties Disclosures [Abstract]  
Warranty Accrual Warranty Accrual
The table set forth below summarizes accrual, adjustment and payment activity related to our warranty accrual for the years ended December 31, 2023, 2022 and 2021. The warranty accrual decreased due to the decrease in the number of home closings year-over-year. There were $3.1 million of warranty adjustments during the year ended December 31, 2022. From time to time, we change our warranty accrual rates based on payment trends. Any changes made to those rates did not materially affect our warranty expense or gross margin from home sales for the years ended December 31, 2023, 2022 and 2021.
Year Ended December 31,
202320222021
(Dollars in thousands)
Balance at beginning of period$46,857 $37,491 $33,664 
Expense provisions24,122 27,125 22,696 
Cash payments(26,897)(20,872)(18,850)
Adjustments— 3,113 (19)
Balance at end of period$44,082 $46,857 $37,491