Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
ASSETS
Contract land deposits, net	$ 453,255	$ 387,628
Total assets	5,788,894	5,777,141
Inventory:
Land under development	8,151
LIABILITIES AND SHAREHOLDERS' EQUITY
Total liabilities	2,771,843	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 September 30, 2021 and December 31, 2020	206	206
Additional paid-in capital	2,349,000	2,214,426
Deferred compensation trust – 106,697 shares of NVR, Inc. common stock as of both September 30, 2021 and December 31, 2020	(16,710)	(16,710)
Deferred compensation liability	16,710	16,710
Retained earnings	9,713,258	8,811,120
Less treasury stock at cost – 17,042,644 and 16,859,753 shares as of September 30, 2021 and December 31, 2020, respectively	(9,045,413)	(7,922,678)
Total shareholders' equity	3,017,051	3,103,074
Total liabilities and shareholders' equity	5,788,894	5,777,141
Mortgage Banking
ASSETS
Cash and cash equivalents	21,999	63,547
Restricted cash	2,860	2,334
Mortgage loans held for sale, net	287,525	449,760
Property, plant and equipment, net	3,948	4,544
Operating lease right-of-use assets	10,747	12,439
Goodwill	7,347	7,347
Other assets	23,238	22,654
Total assets	357,664	562,625
LIABILITIES AND SHAREHOLDERS' EQUITY
Operating lease liabilities	11,497	13,299
Accounts payable and other liabilities	50,077	62,720
Total liabilities	61,574	76,019
Home Building Segment
ASSETS
Cash and cash equivalents	2,681,110	2,714,720
Restricted cash	41,820	28,912
Receivables	22,525	18,299
Contract land deposits, net	453,255	387,628
Property, plant and equipment, net	55,253	57,786
Operating lease right-of-use assets	60,605	53,110
Goodwill	41,580	41,580
Other assets	211,557	203,399
Total assets	5,431,230	5,214,516
Inventory:
Lots and housing units, covered under sales agreements with customers	1,697,959	1,484,936
Unsold lots and housing units	130,427	123,197
Land under development	8,151	62,790
Building materials and other	26,988	38,159
Total Inventory	1,863,525	1,709,082
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	329,863	339,867
Accrued expenses and other liabilities	416,266	440,671
Customer deposits	381,594	240,758
Operating lease liabilities	66,002	59,357
Senior notes	1,516,544	1,517,395
Total liabilities	$ 2,710,269	$ 2,598,048