CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2016	Dec. 31, 2015
ASSETS
Cash and cash equivalents	$ 35,798	$ 50,203
Restricted cash	505	504
Receivables	6,124	14,838
Escrow proceeds receivable	3,024	3,041
Real estate inventories	1,753,315	1,675,106
Investment in joint ventures	6,414	5,413
Goodwill	66,902	66,902
Intangibles, net of accumulated amortization of $4,640 as of March 31, 2016 and December 31, 2015	6,700	6,700
Deferred income taxes, net	79,631	79,726
Other assets, net	20,622	21,017
Total assets	1,979,035	1,923,450
LIABILITIES AND EQUITY
Accounts payable	78,854	75,881
Accrued expenses	71,576	70,324
Notes payable	185,817	175,181
Total liabilities	$ 1,265,427	$ 1,251,981
Commitments and contingencies
Equity:
Preferred stock, par value $0.01 per share, 10,000,000 shares authorized, no shares issued and outstanding as of March 31, 2016 and December 31, 2015, respectively	$ 0	$ 0
Additional paid-in capital	414,226	413,810
Retained earnings	226,977	217,963
Total William Lyon Homes stockholders’ equity	641,531	632,095
Noncontrolling interests	72,077	39,374
Total equity	713,608	671,469
Total liabilities and equity	1,979,035	1,923,450
Common stock, Class A, par value $0.01 per share; 150,000,000 shares authorized; 28,964,219 and 28,363,879 shares issued, 27,856,010 and 27,657,435 outstanding at March 31, 2016 and December 31, 2015, respectively
Equity:
Common stock	290	284
Common stock, Class B, par value $0.01 per share; 30,000,000 shares authorized; 3,813,884 shares issued and outstanding at March 31, 2016 and December 31, 2015
Equity:
Common stock	38	38
Senior unsecured loan facility
LIABILITIES AND EQUITY
Total senior notes	12,390	14,066
5 3/4% Senior Notes due April 15, 2019
LIABILITIES AND EQUITY
Total senior notes	148,429	148,295
8 1/2% Senior Notes due November 15, 2020
LIABILITIES AND EQUITY
Total senior notes	422,887	422,896
7% Senior Notes due August 15, 2022
LIABILITIES AND EQUITY
Total senior notes	$ 345,474	$ 345,338