Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
ASSETS
Contract land deposits, net	$ 530,170	$ 496,080
Total assets	6,372,263	5,660,973
Inventory:
Land under development	41,238
LIABILITIES AND SHAREHOLDERS' EQUITY
Total liabilities	2,199,680	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 September 30, 2023 and December 31, 2022	206	206
Additional paid-in capital	2,801,027	2,600,014
Deferred compensation trust – 106,697 shares of NVR, Inc. common stock as of both September 30, 2023 and December 31, 2022	(16,710)	(16,710)
Deferred compensation liability	16,710	16,710
Retained earnings	12,954,950	11,773,414
Less treasury stock at cost – 17,345,353 and 17,336,397 shares as of September 30, 2023 and December 31, 2022, respectively	(11,583,600)	(10,866,785)
Total shareholders' equity	4,172,583	3,506,849
Total liabilities and shareholders' equity	6,372,263	5,660,973
Mortgage Banking
ASSETS
Cash and cash equivalents	32,310	19,415
Restricted cash	12,099	2,974
Mortgage loans held for sale, net	325,792	316,806
Property, plant and equipment, net	6,182	3,559
Operating lease right-of-use assets	24,595	16,011
Goodwill	7,347	7,347
Other assets	64,083	47,691
Total assets	472,408	413,803
LIABILITIES AND SHAREHOLDERS' EQUITY
Operating lease liabilities	26,299	16,968
Accounts payable and other liabilities	67,333	61,396
Total liabilities	93,632	78,364
Home Building Segment
ASSETS
Cash and cash equivalents	2,876,606	2,503,424
Restricted cash	48,979	48,455
Receivables	33,878	20,842
Contract land deposits, net	530,170	496,080
Property, plant and equipment, net	58,743	57,950
Operating lease right-of-use assets	72,358	71,081
Goodwill	41,580	41,580
Other assets	233,768	219,483
Total assets	5,899,855	5,247,170
Inventory:
Lots and housing units, covered under sales agreements with customers	1,723,838	1,554,955
Unsold lots and housing units	220,901	181,952
Land under development	41,238	27,100
Building materials and other	17,796	24,268
Total Inventory	2,003,773	1,788,275
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	373,303	334,016
Accrued expenses and other liabilities	386,299	437,234
Customer deposits	355,311	313,804
Operating lease liabilities	77,639	75,818
Senior notes	913,496	914,888
Total liabilities	$ 2,106,048	$ 2,075,760