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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 256,447,000 $ 798,568,000
Restricted cash 846,000 8,531,000
Total cash 257,293,000 807,099,000
Real estate inventory:    
Owned inventory 6,265,280,000 5,473,828,000
Consolidated real estate not owned 175,245,000 71,618,000
Total real estate inventory 6,440,525,000 5,545,446,000
Land deposits 273,967,000 203,217,000
Mortgage loans held for sale 265,356,000 193,344,000
Lease right of use assets 69,083,000 75,203,000
Prepaid expenses and other assets, net 336,051,000 290,925,000
Other receivables, net 207,595,000 184,518,000
Investments in unconsolidated entities 397,061,000 346,192,000
Deferred tax assets, net 67,825,000 67,825,000
Property and equipment, net 322,483,000 295,121,000
Goodwill 663,197,000 663,197,000
Total assets 9,300,436,000 8,672,087,000 Close
Liabilities    
Accounts payable 269,300,000 263,481,000
Accrued expenses and other liabilities 577,501,000 549,074,000
Lease liabilities 79,426,000 84,999,000
Income taxes payable 5,528,000 0
Customer deposits 307,510,000 326,087,000
Estimated development liabilities 19,241,000 27,440,000
Senior notes, net 1,470,014,000 1,468,695,000
Loans payable and other borrowings 439,878,000 394,943,000
Revolving credit facility borrowings 0 0
Mortgage warehouse facilities borrowings 233,331,000 153,464,000
Liabilities attributable to consolidated real estate not owned 175,245,000 71,618,000
Total liabilities 3,576,974,000 3,339,801,000 Close
COMMITMENTS AND CONTINGENCIES (Note 13)
Stockholders’ equity    
Total stockholders’ equity 5,723,462,000 5,332,286,000 Close
Total liabilities and stockholders’ equity $ 9,300,436,000 $ 8,672,087,000