Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
ASSETS
Contract land deposits, net	$ 425,301	$ 387,628
Total assets	5,854,436	5,777,141
Inventory:
Land under development	7,794
LIABILITIES AND SHAREHOLDERS' EQUITY
Total liabilities	2,812,148	2,674,067
Commitments and contingencies
Shareholders' equity:
Common stock, $0.01 par value; 60,000,000 shares authorized; 20,555,330 shares issued as of both June 30, 2021 and December 31, 2020	206	206
Additional paid-in capital	2,314,564	2,214,426
Deferred compensation trust – 106,697 shares of NVR, Inc. common stock as of both June 30, 2021 and December 31, 2020	(16,710)	(16,710)
Deferred compensation liability	16,710	16,710
Retained earnings	9,381,177	8,811,120
Less treasury stock at cost – 16,976,140 and 16,859,753 shares as of June 30, 2021 and December 31, 2020, respectively	(8,653,659)	(7,922,678)
Total shareholders' equity	3,042,288	3,103,074
Total liabilities and shareholders' equity	5,854,436	5,777,141
Mortgage Banking
ASSETS
Cash and cash equivalents	20,757	63,547
Restricted cash	3,688	2,334
Mortgage loans held for sale, net	344,680	449,760
Property, plant and equipment, net	4,236	4,544
Operating lease right-of-use assets	11,627	12,439
Goodwill	7,347	7,347
Other assets	25,968	22,654
Total assets	418,303	562,625
LIABILITIES AND SHAREHOLDERS' EQUITY
Operating lease liabilities	12,446	13,299
Accounts payable and other liabilities	49,605	62,720
Total liabilities	62,051	76,019
Home Building Segment
ASSETS
Cash and cash equivalents	2,597,565	2,714,720
Restricted cash	42,543	28,912
Receivables	24,484	18,299
Contract land deposits, net	425,301	387,628
Property, plant and equipment, net	54,379	57,786
Operating lease right-of-use assets	61,740	53,110
Goodwill	41,580	41,580
Other assets	215,168	203,399
Total assets	5,436,133	5,214,516
Inventory:
Lots and housing units, covered under sales agreements with customers	1,792,293	1,484,936
Unsold lots and housing units	131,668	123,197
Land under development	7,794	62,790
Building materials and other	41,618	38,159
Total Inventory	1,973,373	1,709,082
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	380,957	339,867
Accrued expenses and other liabilities	419,454	440,671
Customer deposits	365,443	240,758
Operating lease liabilities	67,413	59,357
Senior notes	1,516,830	1,517,395
Total liabilities	$ 2,750,097	$ 2,598,048