OPERATING AND REPORTING SEGMENTS (Tables)

9 Months Ended

Sep. 30, 2021

Segment Reporting [Abstract]

Schedule of Segment Information

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Homebuilding revenue (1):
West	$	460,089	$	434,289	$	1,305,684	$	1,198,782
Central	383,206		353,208		1,109,228		909,692
East	416,610		350,594		1,206,373		963,709
Consolidated total	$	1,259,905	$	1,138,091	$	3,621,285	$	3,072,183
Homebuilding segment operating income:
West	$	95,167	$	53,423	$	238,356	$	140,059
Central	90,579		52,394		232,537		119,208
East	83,853		37,791		207,509		97,343
Total homebuilding segment operating income	269,599		143,608		678,402		356,610
Financial services segment profit	4,224		4,315		12,599		10,942
Corporate and unallocated costs (2)	(13,303)		(13,550)		(32,673)		(30,488)
Interest expense	(79)		(55)		(246)		(2,176)
Other income, net	1,268		1,188		3,443		3,313
Loss on early extinguishment of debt	—		—		(18,188)		—
Net earnings before income taxes	$	261,709	$	135,506	$	643,337	$	338,201

(1)Homebuilding revenue includes the following land closing revenue, by segment, as outlined in the table below:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Land closing revenue:
West	$	8,470	$	—	$	21,426	$	4,974
Central	—		3,301		3,799		7,901
East	—		1,569		—		4,079
Total	$	8,470	$	4,870	$	25,225	$	16,954

(2)Balance consists primarily of corporate costs and numerous shared service functions such as finance and treasury that are not allocated to the homebuilding or financial services reporting segments.

Schedule of Segment Assets

	At September 30, 2021
	West			Central			East			Financial Services		Corporate  and Unallocated			Total
Deposits on real estate under option or contract	$	23,808		$	12,129		$	42,050		$	—	$	—		$	77,987
Real estate	1,551,248			1,015,779			1,025,980			—		—			3,593,007
Investments in unconsolidated entities	206			2,988			—			—		711			3,905
Other assets	83,749		(1)	165,693		(2)	85,669		(3)	713		554,726		(4)	890,550
Total assets	$	1,659,011		$	1,196,589		$	1,153,699		$	713	$	555,437		$	4,565,449

(1)Balance consists primarily of cash and cash equivalents, development reimbursements from local municipalities and property and equipment.

(2)Balance consists primarily of cash and cash equivalents, development reimbursements from local municipalities and prepaid expenses and other assets.

(3)Balance consists primarily of cash and cash equivalents, goodwill, prepaid expenses and other assets and property and equipment.

(4)Balance consists primarily of cash and cash equivalents, deferred tax assets and prepaid expenses and other assets.

	At December 31, 2020
	West			Central			East			Financial Services		Corporate  and Unallocated			Total
Deposits on real estate under option or contract	$	22,493		$	11,154		$	25,887		$	—	$	—		$	59,534
Real estate	1,154,488			814,919			808,632			—		—			2,778,039
Investments in unconsolidated entities	261			3,090			—			—		999			4,350
Other assets	51,271		(1)	122,933		(2)	81,601		(3)	612		766,058		(4)	1,022,475
Total assets	$	1,228,513		$	952,096		$	916,120		$	612	$	767,057		$	3,864,398

(1)Balance consists primarily of cash and cash equivalents and property and equipment.

(2)Balance consists primarily of cash and cash equivalents, development reimbursements from local municipalities and prepaids and other assets.

(3)Balance consists primarily of cash and cash equivalents, goodwill, prepaids and other assets and property and equipment.

(4)Balance consists primarily of cash and cash equivalents, deferred tax assets and prepaids and other assets.