CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
ASSETS
Cash and cash equivalents — Note 1	$ 50,473	$ 182,710
Receivables	14,018	10,223
Escrow proceeds receivable	1,552	3,319
Real estate inventories	2,051,817	1,699,850
Not owned	282,169	0
Investment in unconsolidated joint ventures — Note 4	5,406	7,867
Goodwill	118,877	66,902
Intangibles, net of accumulated amortization of $4,640 as of March 31, 2018 and December 31, 2017	6,700	6,700
Deferred income taxes	47,716	47,915
Lease right-of-use assets	14,757	14,454
Other assets, net	32,921	21,164
Total assets	2,626,406	2,061,104
LIABILITIES AND EQUITY
Accounts payable	88,853	58,799
Accrued expenses	99,378	111,491
Liabilities from inventories not owned	282,169	0
Notes payable — Note 7:
Notes payable	172,246	94,515
Total senior notes	1,302,347	1,030,184
Total liabilities	1,772,747	1,200,474
Commitments and contingencies
Equity:
Preferred stock, par value $0.01 per share; 10,000,000 shares authorized and no shares issued and outstanding at March 31, 2018 and December 31, 2017	0	0
Additional paid-in capital	447,770	454,286
Retained earnings	334,122	325,794
Total William Lyon Homes stockholders’ equity	782,285	780,472
Noncontrolling interests	71,374	80,158
Total equity	853,659	860,630
Total liabilities and equity	2,626,406	2,061,104
Common stock, Class A, par value $0.01 per share; 150,000,000 shares authorized; 34,454,130 and 34,267,510 shares issued, 33,202,209 and 33,135,650 shares outstanding at March 31, 2018 and December 31, 2017, respectively
Equity:
Common stock	345	344
Common stock, Class B, par value $0.01 per share; 30,000,000 shares authorized; 4,817,394 shares issued and outstanding at March 31, 2018 and December 31, 2017
Equity:
Common stock	48	48
5 3/4% Senior Notes due April 15, 2019
Notes payable — Note 7:
Total senior notes	0	149,362
7% Senior Notes due August 15, 2022
Notes payable — Note 7:
Total senior notes	346,924	346,740
6% Senior Notes due 2023
Notes payable — Note 7:
Total senior notes	343,274	0
5 7/8% Senior Notes due January 31, 2025
Notes payable — Note 7:
Total senior notes	439,903	439,567
Seller financing
Notes payable — Note 7:
Notes payable	0	589
Joint venture notes payable
Notes payable — Note 7:
Notes payable	2,291	0
Joint venture notes payable
Notes payable — Note 7:
Notes payable	84,955	93,926
Revolving Credit Facility | Revolving credit facility
Notes payable — Note 7:
Notes payable	$ 85,000	$ 0