Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
ASSETS
Contract land deposits, net	$ 501,667	$ 496,080
Total assets	6,075,905	5,660,973
Inventory:
Land under development	28,814
LIABILITIES AND SHAREHOLDERS' EQUITY
Total liabilities	2,230,559	2,154,124
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, 2023 and December 31, 2022	206	206
Additional paid-in capital	2,676,641	2,600,014
Deferred compensation trust – 106,697 shares of NVR, Inc. common stock as of both March 31, 2023 and December 31, 2022	(16,710)	(16,710)
Deferred compensation liability	16,710	16,710
Retained earnings	12,117,766	11,773,414
Less treasury stock at cost – 17,313,580 and 17,336,397 shares as of March 31, 2023 and December 31, 2022, respectively	(10,949,267)	(10,866,785)
Total shareholders' equity	3,845,346	3,506,849
Total liabilities and shareholders' equity	6,075,905	5,660,973
Mortgage Banking
ASSETS
Cash and cash equivalents	14,259	19,415
Restricted cash	9,836	2,974
Mortgage loans held for sale, net	319,248	316,806
Property, plant and equipment, net	3,347	3,559
Operating lease right-of-use assets	21,714	16,011
Goodwill	7,347	7,347
Other assets	68,402	47,691
Total assets	444,153	413,803
LIABILITIES AND SHAREHOLDERS' EQUITY
Operating lease liabilities	22,910	16,968
Accounts payable and other liabilities	68,969	61,396
Total liabilities	91,879	78,364
Home Building Segment
ASSETS
Cash and cash equivalents	2,786,503	2,503,424
Restricted cash	47,995	48,455
Receivables	23,307	20,842
Contract land deposits, net	501,667	496,080
Property, plant and equipment, net	56,533	57,950
Operating lease right-of-use assets	71,593	71,081
Goodwill	41,580	41,580
Other assets	237,032	219,483
Total assets	5,631,752	5,247,170
Inventory:
Lots and housing units, covered under sales agreements with customers	1,630,861	1,554,955
Unsold lots and housing units	181,900	181,952
Land under development	28,814	27,100
Building materials and other	23,967	24,268
Total Inventory	1,865,542	1,788,275
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	353,141	334,016
Accrued expenses and other liabilities	459,335	437,234
Customer deposits	335,230	313,804
Operating lease liabilities	76,547	75,818
Senior notes	914,427	914,888
Total liabilities	$ 2,138,680	$ 2,075,760