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ORGANIZATION AND BASIS OF PRESENTATION (Tables)
 9 Months Ended
Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Lease, Cost The table below outlines our ROU assets and lease liabilities (in thousands):
As of
September 30, 2021December 31, 2020
ROU assets$17,159 $21,624 
Lease liabilities22,644 28,254 
Schedule of Surety Bond and Letter of Credit Obligations The table below outlines our surety bond and letter of credit obligations (in thousands):
As of
 September 30, 2021December 31, 2020
 OutstandingEstimated work
remaining to
complete		OutstandingEstimated work
remaining to
complete
Sureties:
Sureties related to owned projects and lots under contract$597,379 $331,195 $478,788 $216,708 
Total Sureties$597,379 $331,195 $478,788 $216,708 
Letters of Credit (“LOCs”):
LOCs for land development71,965 N/A93,661 N/A
LOCs for general corporate operations3,000 N/A3,750 N/A
Total LOCs$74,965 N/A$97,411 N/A
Schedule of Accrued Liabilities Accrued liabilities at September 30, 2021 and December 31, 2020 consisted of the following (in thousands):
As of
 September 30, 2021December 31, 2020
Accruals related to real estate development and construction activities$116,351 $92,701 
Payroll and other benefits85,959 88,337 
Accrued interest21,528 8,457 
Accrued taxes26,526 34,373 
Warranty reserves26,551 23,743 
Lease liabilities22,644 28,254 
Other accruals24,848 20,256 
Total$324,407 $296,121 
Summary of Changes in Warranty Reserves A summary of changes in our warranty reserves follows (in thousands):
 Three Months Ended September 30,Nine Months Ended September 30,
 2021202020212020
Balance, beginning of period$25,065 $21,578 $23,743 $22,015 
Additions to reserve from new home deliveries4,442 4,592 12,766 12,620 
Warranty claims(2,956)(2,911)(9,958)(11,376)
Adjustments to pre-existing reserves— — — — 
Balance, end of period$26,551 $23,259 $26,551 $23,259