Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
ASSETS
Contract land deposits, net	$ 521,572	$ 497,139
Total assets	5,389,534	5,834,475
Inventory:
Land under development	15,230
LIABILITIES AND SHAREHOLDERS' EQUITY
Total liabilities	2,304,695	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 September 30, 2022 and December 31, 2021	206	206
Additional paid-in capital	2,538,812	2,378,191
Deferred compensation trust – 106,697 shares of NVR, Inc. common stock as of both September 30, 2022 and December 31, 2021	(16,710)	(16,710)
Deferred compensation liability	16,710	16,710
Retained earnings	11,318,646	10,047,839
Less treasury stock at cost – 17,343,353 and 17,107,889 shares as of September 30, 2022 and December 31, 2021, respectively	(10,772,825)	(9,423,858)
Total shareholders' equity	3,084,839	3,002,378
Total liabilities and shareholders' equity	5,389,534	5,834,475
Mortgage Banking
ASSETS
Cash and cash equivalents	18,431	28,398
Restricted cash	2,924	2,519
Mortgage loans held for sale, net	316,094	302,192
Property, plant and equipment, net	3,250	3,658
Operating lease right-of-use assets	14,534	9,758
Goodwill	7,347	7,347
Other assets	109,060	25,160
Total assets	471,640	379,032
LIABILITIES AND SHAREHOLDERS' EQUITY
Operating lease liabilities	15,405	10,437
Accounts payable and other liabilities	102,101	51,394
Total liabilities	117,506	61,831
Home Building Segment
ASSETS
Cash and cash equivalents	1,748,506	2,545,069
Restricted cash	51,239	60,730
Receivables	28,378	18,552
Contract land deposits, net	521,572	497,139
Property, plant and equipment, net	55,982	56,979
Operating lease right-of-use assets	69,933	59,010
Goodwill	41,580	41,580
Other assets	230,255	229,018
Total assets	4,917,894	5,455,443
Inventory:
Lots and housing units, covered under sales agreements with customers	1,931,639	1,777,862
Unsold lots and housing units	194,882	127,434
Land under development	15,230	12,147
Building materials and other	28,698	29,923
Total Inventory	2,170,449	1,947,366
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	393,941	336,560
Accrued expenses and other liabilities	427,072	435,860
Customer deposits	376,160	417,463
Operating lease liabilities	74,670	64,128
Senior notes	915,346	1,516,255
Total liabilities	$ 2,187,189	$ 2,770,266