Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
ASSETS
Cash and cash equivalents	$ 474,212	$ 470,139
Property and equipment, net	60,414	58,167
Total Assets	3,338,356	3,001,077
Mortgage loans held-for-sale, net	58,500	17,800
LIABILITIES AND EQUITY
Total Liabilities	1,555,871	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; 62,574,961 and 56,615,352 issued and outstanding at December 31, 2019 and December 31, 2018, respectively	626	566
Additional paid-in-capital	1,348,733	1,168,442
Retained earnings	433,126	406,992
Total Stockholders' Equity	1,782,485	1,576,000
Total Liabilities and Stockholders' Equity	3,338,356	3,001,077
Homebuilding Segment [Member]
ASSETS
Cash and cash equivalents	424,186	414,724
Restricted cash	14,279	6,363
Trade and other receivables	65,829	52,982
Housing completed or under construction	1,036,191	952,436
Land and land under development	1,330,384	1,180,558
Total inventories	2,366,575	2,132,994
Property and equipment, net	60,414	58,167
Deferred tax assets, net	21,768	37,178
Prepaid and other assets	78,358	45,794
Total Assets	3,031,409	2,748,202
Marketable securities	0	0
Other assets	1,288	995
LIABILITIES AND EQUITY
Accounts payable	87,364	50,505
Accrued and other liabilities	245,940	196,247
Revolving credit facility	15,000	15,000
Senior notes, net	989,422	987,967
Total Liabilities	1,337,726	1,249,719
Financial Services Segment [Member]
ASSETS
Cash and cash equivalents	35,747	49,052
Total Assets	306,947	252,875
Marketable securities	56,747	40,879
Mortgage loans held-for-sale, net	197,021	149,211
Other assets	17,432	13,733
LIABILITIES AND EQUITY
Total Liabilities	218,145	175,358
Accounts payable and accrued liabilities	68,529	58,543
Mortgage repurchase facility	$ 149,616	$ 116,815

Sum of the carrying values as of the balance sheet date of obligations incurred through that date, including liabilities incurred and payable to vendors for goods and services received, taxes, interest, rent and utilities, compensation costs, payroll taxes and fringe benefits (other than pension and postretirement obligations), contractual rights and obligations, and statutory obligations.

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- Definition

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business.