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Segment Information, Nature of Operations, and Certain Concentrations (Tables)
 12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Revenues
The following tables present certain segment financial data, with reconciliations to the amounts reported for the consolidated company, where applicable:
 Year Ended December 31,
 202020192018
Revenues:   
Homebuilding Mid Atlantic$3,668,542 $3,901,573 $3,893,358 
Homebuilding North East538,772 514,804 580,726 
Homebuilding Mid East1,524,667 1,501,139 1,455,834 
Homebuilding South East1,596,908 1,303,328 1,074,386 
Mortgage Banking208,034 167,820 159,370 
Consolidated revenues$7,536,923 $7,388,664 $7,163,674 
Profit before Taxes
 Year Ended December 31,
 202020192018
Profit before taxes:   
Homebuilding Mid Atlantic$437,849 $478,537 $462,178 
Homebuilding North East50,677 51,728 69,789 
Homebuilding Mid East168,605 173,374 175,134 
Homebuilding South East205,029 155,144 118,296 
Mortgage Banking143,319 105,292 93,462 
Total segment profit1,005,479 964,075 918,859 
Reconciling items:   
Contract land deposit reserve adjustment (1)(24,633)1,644 783 
Equity-based compensation expense (2)(50,794)(78,532)(75,701)
Corporate capital allocation (4)239,233 224,468 213,903 
Unallocated corporate overhead(114,921)(105,125)(89,973)
Consolidation adjustments and other (3)63,025 43,486 15,829 
Corporate interest expense(39,356)(24,221)(23,968)
Reconciling items sub-total72,554 61,720 40,873 
Consolidated profit before taxes$1,078,033 $1,025,795 $959,732 

(1)This item represents changes to the contract land deposit impairment reserve, which are not allocated to the reportable segments. See further discussion of contract land deposit impairment charges in Note 3.
(2)The decrease in equity-based compensation expense in 2020 was primarily attributable to stock options issued in 2014 under the 2014 Equity Incentive Plan becoming fully vested in 2019. In addition, there were higher stock option forfeitures in 2020 compared to 2019.
(3)The increase in 2020 relates primarily to the significant increase in lumber prices during the second half of 2020. Our reportable segments' results include intercompany profits of our production facilities, which were negatively impacted by the increase in lumber costs. The increase in lumber costs related to homes not yet settled is eliminated through the consolidation adjustment. As these homes currently in inventory are settled in subsequent quarters, our consolidated homebuilding margins will be negatively impacted by the higher lumber costs.
(4)This item represents the elimination of the corporate capital allocation charge included in the respective homebuilding reportable segments. The corporate capital allocation charge is based on the segment’s monthly average asset balance, and was as follows for the years presented:
Assets
 As of December 31,
 20202019
Assets:  
Homebuilding Mid Atlantic$1,140,910 $1,024,996 
Homebuilding North East202,591 166,860 
Homebuilding Mid East377,448 293,773 
Homebuilding South East494,295 400,979 
Mortgage Banking555,278 560,407 
Total segment assets2,770,522 2,447,015 
Reconciling items:  
Cash and cash equivalents2,714,720 1,110,892 
Deferred taxes132,980 115,731 
Intangible assets and goodwill49,678 49,834 
Operating lease right-of-use assets53,110 63,825 
Finance lease right-of-use assets15,772 7,052 
Contract land deposit reserve(52,205)(27,572)
Consolidation adjustments and other92,564 43,038 
Reconciling items sub-total3,006,619 1,362,800 
Consolidated assets$5,777,141 $3,809,815 
Interest Income
 Year Ended December 31,
 202020192018
Interest income:   
Mortgage Banking$8,930 $12,142 $11,593 
Total segment interest income8,930 12,142 11,593 
Other unallocated interest income8,549 20,635 8,588 
Consolidated interest income$17,479 $32,777 $20,181 
Interest Expense
 Year Ended December 31,
 202020192018
Interest expense:   
Homebuilding Mid Atlantic$124,486 $123,178 $123,908 
Homebuilding North East22,859 19,804 17,897 
Homebuilding Mid East40,261 37,266 35,804 
Homebuilding South East51,729 44,334 36,362 
Mortgage Banking1,414 1,045 1,045 
Total segment interest expense240,749 225,627 215,016 
Corporate capital allocation (4)(239,233)(224,468)(213,903)
Senior Notes and other interest39,356 24,221 23,968 
Consolidated interest expense$40,872 $25,380 $25,081 
Depreciation and Amortization
 Year Ended December 31,
 202020192018
Depreciation and amortization:   
Homebuilding Mid Atlantic$6,806 $7,069 $7,753 
Homebuilding North East1,800 1,411 1,600 
Homebuilding Mid East4,969 4,348 3,481 
Homebuilding South East3,636 3,086 2,523 
Mortgage Banking1,534 1,581 1,489 
Total segment depreciation and amortization18,745 17,495 16,846 
Unallocated corporate3,247 3,323 3,322 
Consolidated depreciation and amortization$21,992 $20,818 $20,168 
Expenditures for Property and Equipment
 Year Ended December 31,
 202020192018
Expenditures for property and equipment:   
Homebuilding Mid Atlantic$5,712 $9,218 $6,657 
Homebuilding North East1,083 2,000 1,074 
Homebuilding Mid East5,041 5,221 4,302 
Homebuilding South East3,818 3,944 2,732 
Mortgage Banking265 899 1,677 
Total segment expenditures for property and equipment15,919 21,282 16,442 
Unallocated corporate200 1,417 3,223 
Consolidated expenditures for property and equipment$16,119 $22,699 $19,665 
Corporate Capital Allocation Charge
 Year Ended December 31,
 202020192018
Corporate capital allocation charge:   
Homebuilding Mid Atlantic$124,426 $123,130 $123,855 
Homebuilding North East22,850 19,755 17,893 
Homebuilding Mid East40,256 37,263 35,803 
Homebuilding South East51,701 44,320 36,352 
Total corporate capital allocation charge$239,233 $224,468 $213,903