Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
ASSETS:
Cash, cash equivalents and restricted cash	$ 33,451	$ 21,529
Mortgage loans held for sale	128,322	169,651
Inventory	1,827,068	1,674,460
Property and equipment - net	27,621	29,395
Investment in joint venture arrangements	47,557	35,870
Operating lease right-of-use assets	19,059	0
Deferred income tax asset	11,988	13,482
Goodwill	16,400	16,400
Other assets	70,137	60,794
Total assets	2,181,603	2,021,581
LIABILITIES:
Accounts payable	169,528	131,511
Customer deposits	36,250	32,055
Operating lease liabilities	19,059	0
Other liabilities	131,434	150,051
Community development district obligations	14,328	12,392
Obligation for consolidated inventory not owned	6,687	19,308
Notes payable bank - homebuilding operations	189,900	117,400
Notes payable bank - financial service operations	108,594	153,168
Notes payable - other	5,508	5,938
Senior notes due 2021 - net	298,712	297,884
Senior notes due 2025 - net	246,962	246,571
TOTAL LIABILITIES	1,226,962	1,166,278
Commitments and contingencies (Note 6)	0	0
SHAREHOLDERS' EQUITY:
Common shares - $.01 par value; authorized 58,000,000 shares at both September 30, 2019 and December 31, 2018; issued 30,137,141 shares at both September 30, 2019 and December 31, 2018	301	301
Additional paid-in capital	331,128	330,517
Retained earnings	666,799	580,992
Treasury shares - at cost - 1,994,225 and 2,620,923 shares at September 30, 2019 and December 31, 2018, respectively	(43,587)	(56,507)
TOTAL SHAREHOLDERS' EQUITY	954,641	855,303
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 2,181,603	$ 2,021,581