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ORGANIZATION AND BASIS OF PRESENTATION (Tables)
 3 Months Ended
Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Lease, Cost The table below outlines our ROU assets and lease liabilities (in thousands):
As of
March 31, 2023December 31, 2022
ROU assets$20,419 $19,129 
Lease liabilities23,481 22,782 
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
 March 31, 2023December 31, 2022
 OutstandingEstimated work
remaining to
complete		OutstandingEstimated work
remaining to
complete
Sureties:
Sureties related to owned projects and lots under contract$949,137 $646,649 $926,928 $616,028 
Total Sureties$949,137 $646,649 $926,928 $616,028 
Letters of Credit (“LOCs”):
LOCs for land development44,486 N/A49,442 N/A
LOCs for general corporate operations5,000 N/A5,000 N/A
Total LOCs$49,486 N/A$54,442 N/A
Schedule of Accrued Liabilities Accrued liabilities at March 31, 2023 and December 31, 2022 consisted of the following (in thousands):
As of
 March 31, 2023December 31, 2022
Accruals related to real estate development and construction activities$130,340 $139,447 
Payroll and other benefits55,278 110,338 
Accrued interest21,225 7,026 
Accrued taxes56,427 25,182 
Warranty reserves37,063 35,575 
Lease liabilities23,481 22,782 
Other accruals17,820 20,265 
Total$341,634 $360,615 
Summary of Changes in Warranty Reserves A summary of changes in our warranty reserves follows (in thousands):
 Three Months Ended March 31,
 20232022
Balance, beginning of period$35,575 $26,264 
Additions to reserve from new home deliveries4,406 4,528 
Warranty claims(2,918)(4,125)
Adjustments to pre-existing reserves— — 
Balance, end of period$37,063 $26,667