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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Operating revenue    
Home sales $ 372,385 $ 258,854
Construction services 983 0
Operating revenue 373,368 258,854
Operating costs    
Cost of sales — homes (307,308) (218,455)
Construction services (983) 0
Sales and marketing (22,693) (14,705)
General and administrative (24,521) (18,946)
Transaction expenses (3,130) 0
Other (298) (440)
Total operating costs (358,933) (252,546)
Operating income (loss) 14,435 6,308
Equity in income of unconsolidated joint ventures 932 249
Other income, net 35 345
Income before extinguishment of debt 15,402 6,902
Loss on extinguishment of debt 0 (21,828)
Income (loss) before provision for income taxes 15,402 (14,926)
Provision for income taxes (2,814) 5,630
Net income (loss) 12,588 (9,296)
Less: Net income attributable to noncontrolling interests (4,260) (704)
Net income available to common stockholders $ 8,328 $ (10,000)
Income (loss) per common share:    
Basic (in USD per share) $ 0.22 $ (0.27)
Diluted (in USD per share) $ 0.21 $ (0.27)
Weighted average common shares outstanding:    
Basic (in shares) 37,931,256 36,908,320
Diluted (in shares) 39,855,683 36,908,320