Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
ASSETS
Contract land deposits, net	$ 512,042	$ 497,139
Total assets	5,726,213	5,834,475
Inventory:
Land under development	14,668
LIABILITIES AND SHAREHOLDERS' EQUITY
Total liabilities	3,000,614	2,832,097
Commitments and contingencies
Shareholders' equity:
Common stock, $0.01 par value; 60,000,000 shares authorized; 20,555,330 shares issued as of both March 31, 2022 and December 31, 2021	206	206
Additional paid-in capital	2,416,660	2,378,191
Deferred compensation trust – 106,697 shares of NVR, Inc. common stock as of both March 31, 2022 and December 31, 2021	(16,710)	(16,710)
Deferred compensation liability	16,710	16,710
Retained earnings	10,473,939	10,047,839
Less treasury stock at cost – 17,240,495 and 17,107,889 shares as of March 31, 2022 and December 31, 2021, respectively	(10,165,206)	(9,423,858)
Total shareholders' equity	2,725,599	3,002,378
Total liabilities and shareholders' equity	5,726,213	5,834,475
Mortgage Banking
ASSETS
Cash and cash equivalents	19,157	28,398
Restricted cash	3,402	2,519
Mortgage loans held for sale, net	312,726	302,192
Property, plant and equipment, net	3,386	3,658
Operating lease right-of-use assets	8,491	9,758
Goodwill	7,347	7,347
Other assets	59,381	25,160
Total assets	413,890	379,032
LIABILITIES AND SHAREHOLDERS' EQUITY
Operating lease liabilities	9,221	10,437
Accounts payable and other liabilities	58,098	51,394
Total liabilities	67,319	61,831
Home Building Segment
ASSETS
Cash and cash equivalents	2,138,706	2,545,069
Restricted cash	65,562	60,730
Receivables	23,471	18,552
Contract land deposits, net	512,042	497,139
Property, plant and equipment, net	56,829	56,979
Operating lease right-of-use assets	59,819	59,010
Goodwill	41,580	41,580
Other assets	220,675	229,018
Total assets	5,312,323	5,455,443
Inventory:
Lots and housing units, covered under sales agreements with customers	1,997,115	1,777,862
Unsold lots and housing units	142,015	127,434
Land under development	14,668	12,147
Building materials and other	39,841	29,923
Total Inventory	2,193,639	1,947,366
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	398,516	336,560
Accrued expenses and other liabilities	501,091	435,860
Customer deposits	453,178	417,463
Operating lease liabilities	64,546	64,128
Senior notes	1,515,964	1,516,255
Total liabilities	$ 2,933,295	$ 2,770,266