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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 246,845 $ 798,568
Restricted cash 1,928 8,531
Total cash 248,773 807,099
Real estate inventory:    
Owned inventory 6,151,776 5,473,828
Consolidated real estate not owned 134,700 71,618
Total real estate inventory 6,286,476 5,545,446
Land deposits 204,551 203,217
Mortgage loans held for sale 313,026 193,344
Lease right of use assets 71,932 75,203
Prepaid expenses and other assets, net 330,093 290,925
Other receivables, net 214,919 184,518
Investments in unconsolidated entities 381,571 346,192
Deferred tax assets, net 67,825 67,825
Property and equipment, net 316,706 295,121
Goodwill 663,197 663,197
Total assets 9,099,069 8,672,087 Close
Liabilities    
Accounts payable 310,724 263,481
Accrued expenses and other liabilities 518,541 549,074
Lease liabilities 82,059 84,999
Customer deposits 349,066 326,087
Estimated development liabilities 27,416 27,440
Senior notes, net 1,469,574 1,468,695
Loans payable and other borrowings 404,242 394,943
Revolving credit facility borrowings 0 0
Mortgage warehouse borrowings 276,205 153,464
Liabilities attributable to consolidated real estate not owned 134,700 71,618
Total liabilities 3,572,527 3,339,801 Close
COMMITMENTS AND CONTINGENCIES (Note 13)
Stockholders’ equity    
Total stockholders’ equity 5,526,542 5,332,286 Close
Total liabilities and stockholders’ equity $ 9,099,069 $ 8,672,087