Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Contract land deposits, net	$ 609,407	$ 576,551
Total assets	6,538,157	6,601,757
Inventory:
Land under development	59,050
LIABILITIES AND SHAREHOLDERS' EQUITY
Total liabilities	2,193,776	2,237,032
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, 2024 and December 31, 2023	206	206
Additional paid-in capital	2,905,707	2,848,528
Deferred compensation trust – 106,697 shares of NVR, Inc. common stock as of both March 31, 2024 and December 31, 2023	(16,710)	(16,710)
Deferred compensation liability	16,710	16,710
Retained earnings	13,759,294	13,365,025
Less treasury stock at cost – 17,387,705 and 17,360,454 shares as of March 31, 2024 and December 31, 2023, respectively	(12,320,826)	(11,849,034)
Total shareholders' equity	4,344,381	4,364,725
Total liabilities and shareholders' equity	6,538,157	6,601,757
Home Building Segment
ASSETS
Cash and cash equivalents	2,841,354	3,126,472
Restricted cash	44,099	41,483
Receivables	36,306	29,000
Contract land deposits, net	609,407	576,551
Property, plant and equipment, net	63,095	63,716
Operating lease right-of-use assets	66,716	70,384
Goodwill	41,580	41,580
Other assets	249,390	242,751
Total assets	6,068,981	6,142,087
Inventory:
Lots and housing units, covered under sales agreements with customers	1,790,687	1,674,686
Unsold lots and housing units	245,262	214,666
Land under development	59,050	36,895
Building materials and other	22,035	23,903
Total Inventory	2,117,034	1,950,150
LIABILITIES AND SHAREHOLDERS' EQUITY
Accounts payable	391,591	347,738
Accrued expenses and other liabilities	380,811	413,043
Customer deposits	355,331	334,441
Operating lease liabilities	72,052	75,797
Senior notes	912,554	913,027
Total liabilities	2,112,339	2,084,046
Mortgage Banking
ASSETS
Cash and cash equivalents	27,803	36,422
Restricted cash	11,537	11,067
Mortgage loans held for sale, net	332,510	222,560
Property, plant and equipment, net	7,438	6,348
Operating lease right-of-use assets	22,008	23,541
Goodwill	7,347	7,347
Other assets	60,533	152,385
Total assets	469,176	459,670
LIABILITIES AND SHAREHOLDERS' EQUITY
Operating lease liabilities	24,037	25,475
Accounts payable and other liabilities	57,400	127,511
Total liabilities	$ 81,437	$ 152,986