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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 182,710 $ 42,612
Receivables 10,223 9,538
Escrow proceeds receivable 3,319 85
Real estate inventories - Note 5 1,699,850 1,771,998
Investment in unconsolidated joint ventures - Note 3 7,867 7,282
Goodwill — Note 6 66,902 66,902
Intangibles, net of accumulated amortization of $4,640 as of December 31, 2017 and 2016 — Note 7 6,700 6,700
Deferred income taxes — Note 11 47,915 75,751
Lease right-of-use assets 14,454 13,129
Other assets, net 21,164 17,283
Total assets 2,061,104 2,011,280
LIABILITIES AND EQUITY    
Accounts payable 58,799 74,282
Accrued expenses 111,491 92,919
Notes payable — Note 8:    
Notes payable 94,515 155,768
Long-term debt 1,030,184 1,080,650
Total liabilities 1,200,474 1,247,851
Commitments and contingencies — Note 15
William Lyon Homes stockholders’ equity — Note 13    
Preferred stock, par value $0.01 per share; 10,000,000 shares authorized and no shares issued and outstanding at December 31, 2017 and 2016 0 0
Additional paid-in capital 454,286 419,099
Retained earnings 325,794 277,659
Total William Lyon Homes stockholders’ equity 780,472 697,086
Noncontrolling interests — Note 2 80,158 66,343
Total equity 860,630 763,429
Total liabilities and equity 2,061,104 2,011,280
Common Class A    
William Lyon Homes stockholders’ equity — Note 13    
Common stock 344 290
Common Class B    
William Lyon Homes stockholders’ equity — Note 13    
Common stock 48 38
Subordinated amortizing notes due December 1, 2017    
Notes payable — Note 8:    
Long-term debt 0 7,225
5 3/4% Senior Notes due 2019    
Notes payable — Note 8:    
Long-term debt 149,362 148,826
8 1/2% Senior Notes due 2020    
Notes payable — Note 8:    
Long-term debt   422,817
7% Senior Notes due 2022    
Notes payable — Note 8:    
Long-term debt 346,740 346,014
5 7/8% Senior Notes due January 31, 2025    
Notes payable — Note 8:    
Long-term debt 439,567  
Revolving Credit Facility    
Notes payable — Note 8:    
Notes payable 0 29,000
Seller Financing    
Notes payable — Note 8:    
Notes payable 589 24,692
Joint Venture Notes Payable    
Notes payable — Note 8:    
Notes payable 93,926 102,076
Revolving Credit Facility | Revolving Credit Facility    
Notes payable — Note 8:    
Notes payable $ 0 $ 29,000