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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and cash equivalents $ 348,453 $ 470,139
Total Assets 3,158,579 3,001,077
LIABILITIES AND EQUITY    
Operating lease liability [1] 32,867  
Total Liabilities 1,456,778 1,425,077
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; 62,597,390 and 56,615,352 issued and outstanding at September 30, 2019 and December 31, 2018, respectively 626 566
Additional paid-in-capital 1,341,858 1,168,442
Retained earnings 359,317 406,992
Total Stockholders' Equity 1,701,801 1,576,000
Total Liabilities and Stockholders' Equity 3,158,579 3,001,077
Homebuilding Segment [Member]    
ASSETS    
Cash and cash equivalents 285,338 414,724
Restricted cash 16,325 6,363
Trade and other receivables 58,528 52,982
Housing completed or under construction 1,204,641 952,436
Land and land under development 1,191,036 1,180,558
Total inventories 2,395,677 2,132,994
Property and equipment, net 63,673 58,167
Operating lease right-of-use asset 31,251 0
Deferred tax asset, net 27,712 37,178
Prepaid and other assets 46,395 45,794
Total Assets 2,924,899 2,748,202
Marketable securities 52,876 40,879
Other assets 1,246 995
LIABILITIES AND EQUITY    
Accounts payable 79,043 50,505
Accrued liabilities 189,296 196,247
Operating lease liability 31,887 0
Revolving credit facility 15,000 15,000
Senior notes, net 989,050 987,967
Total Liabilities 1,304,276 1,249,719
Financial Services Segment [Member]    
ASSETS    
Cash and cash equivalents 46,790 49,052
Prepaid and other assets 16,994 13,733
Total Assets 233,680 252,875
Marketable securities 52,876 40,879
Mortgage loans held-for-sale, net 117,020 149,211
Other assets 16,994 13,733
LIABILITIES AND EQUITY    
Total Liabilities 152,502 175,358
Accounts payable and accrued liabilities 62,031 58,543
Mortgage repurchase facility $ 90,471 $ 116,815
[1] Financial services operating lease liabilities of $1.0 million are included as a component of accrued liabilities in the financial services section of our consolidated balance sheet at September 30, 2019.