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ORGANIZATION AND BASIS OF PRESENTATION (Tables)
 6 Months Ended
Jun. 30, 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
June 30, 2023December 31, 2022
ROU assets$21,787 $19,129 
Lease liabilities24,753 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
 June 30, 2023December 31, 2022
 OutstandingEstimated work
remaining to
complete		OutstandingEstimated work
remaining to
complete
Sureties:
Sureties related to owned projects and lots under contract$968,729 $689,160 $926,928 $616,028 
Total Sureties$968,729 $689,160 $926,928 $616,028 
Letters of Credit (“LOCs”):
LOCs for land development35,056 N/A49,442 N/A
LOCs for general corporate operations5,000 N/A5,000 N/A
Total LOCs$40,056 N/A$54,442 N/A
Schedule of Accrued Liabilities Accrued liabilities at June 30, 2023 and December 31, 2022 consisted of the following (in thousands):
As of
 June 30, 2023December 31, 2022
Accruals related to real estate development and construction activities$151,883 $139,447 
Payroll and other benefits76,642 110,338 
Accrued interest6,841 7,026 
Accrued taxes21,773 25,182 
Warranty reserves36,215 35,575 
Lease liabilities24,753 22,782 
Other accruals17,991 20,265 
Total$336,098 $360,615 
Summary of Changes in Warranty Reserves A summary of changes in our warranty reserves follows (in thousands):
 Three Months Ended June 30,Six Months Ended June 30,
 2023202220232022
Balance, beginning of period$37,063 $26,667 $35,575 $26,264 
Additions to reserve from new home deliveries5,982 5,308 10,388 9,836 
Warranty claims and recoveries(6,830)(538)(1)(9,748)(4,663)(1)
Adjustments to pre-existing reserves— — — — 
Balance, end of period$36,215 $31,437 $36,215 $31,437 
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