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Fair Value Measurements Fair Value Measurements (Tables)
 6 Months Ended
Jun. 30, 2020
Fair Value Measurements [Abstract]  
Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]
The table below shows the notional amounts of our financial instruments at June 30, 2020 and December 31, 2019:
Description of Financial Instrument (in thousands)June 30, 2020December 31, 2019
Whole loan contracts and related committed IRLCs$810  $1,445  
Uncommitted IRLCs216,377  87,340  
FMBSs related to uncommitted IRLCs186,000  88,000  
Whole loan contracts and related mortgage loans held for sale1,043  6,125  
FMBSs related to mortgage loans held for sale154,000  144,000  
Mortgage loans held for sale covered by FMBSs157,345  144,411  
Schedule of Derivative Instruments, (Loss) Gain in Statement of Financial Performance [Table Text Block]
The following table sets forth the amount of (loss) gain recognized, within our revenue in the Unaudited Condensed Consolidated Statements of Income, on assets and liabilities measured on a recurring basis for the three and six months ended June 30, 2020 and 2019:
Three Months Ended June 30,Six Months Ended June 30,
Description (in thousands)2020201920202019
Mortgage loans held for sale$(3,312) $346  $427  $(1,017) 
Forward sales of mortgage-backed securities5,417  (602) (1,163) 1,332  
Interest rate lock commitments(826) 470  1,557  428  
Whole loan contracts(102) 39  (48) 53  
Total gain recognized$1,177  $253  $773  $796  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
The following tables set forth the fair value of the Company’s derivative instruments and their location within the Unaudited Condensed Consolidated Balance Sheets for the periods indicated (except for mortgage loans held for sale which are disclosed as a separate line item):
Asset DerivativesLiability Derivatives
June 30, 2020June 30, 2020
Description of DerivativesBalance Sheet
Location		Fair Value
(in thousands)		Balance Sheet LocationFair Value
(in thousands)
Forward sales of mortgage-backed securitiesOther assets$—  Other liabilities$1,499  
Interest rate lock commitmentsOther assets2,240  Other liabilities—  
Whole loan contractsOther assets—  Other liabilities93  
Total fair value measurements$2,240  $1,592  

Asset DerivativesLiability Derivatives
December 31, 2019December 31, 2019
Description of DerivativesBalance Sheet
Location		Fair Value
(in thousands)		Balance Sheet LocationFair Value
(in thousands)
Forward sales of mortgage-backed securitiesOther assets$—  Other liabilities$336  
Interest rate lock commitmentsOther assets654  Other liabilities—  
Whole loan contractsOther assets—  Other liabilities16  
Total fair value measurements$654  $352  
Fair Value, by Balance Sheet Grouping [Table Text Block]
The following table presents the carrying amounts and fair values of the Company’s financial instruments at June 30, 2020 and December 31, 2019. The objective of the fair value measurement is to estimate the price at which an orderly transaction to sell the asset or transfer the liability would take place between market participants at the measurement date under current market conditions.
June 30, 2020December 31, 2019
(In thousands)Fair Value HierarchyCarrying AmountFair ValueCarrying AmountFair Value
Assets:
Cash, cash equivalents and restricted cashLevel 1$94,023  $94,023  $6,083  $6,083  
Mortgage loans held for saleLevel 2163,536  163,536  155,244  155,244  
Interest rate lock commitmentsLevel 22,240  2,240  654  654  
Liabilities:
Notes payable - homebuilding operationsLevel 2—  —  66,000  66,000  
Notes payable - financial services operationsLevel 2134,184  134,184  136,904  136,904  
Notes payable - otherLevel 27,041  6,615  5,828  5,286  
Senior notes due 2021 (a)
Level 2—  —  300,000  299,250  
Senior notes due 2025 (a)
Level 2250,000  252,500  250,000  261,563  
Senior notes due 2028 (a)
Level 2400,000  390,000  —  —  
Whole loan contracts for committed IRLCs and mortgage loans held for saleLevel 293  93  16  16  
Forward sales of mortgage-backed securitiesLevel 21,499  1,499  336  336  
(a)Our senior notes are stated at the principal amount outstanding which does not include the impact of premiums, discounts, and debt issuance costs that are amortized to interest cost over the respective terms of the notes.