CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
ASSETS
Cash and cash equivalents — Note 1	$ 45,709	$ 33,779
Receivables	15,417	13,502
Escrow proceeds receivable	2,659	0
Real estate inventories	2,303,536	2,333,207
Not owned	294,085	315,576
Investment in unconsolidated joint ventures — Note 4	5,662	5,542
Goodwill	123,695	123,695
Intangibles, net of accumulated amortization of $4,640 as of March 31, 2019 and December 31, 2018	6,700	6,700
Deferred income taxes	46,900	47,241
Lease right-of-use assets	13,135	13,561
Other assets, net	37,515	36,971
Total assets	2,895,013	2,929,774
LIABILITIES AND EQUITY
Accounts payable	108,506	128,371
Accrued expenses	96,715	150,155
Liabilities from inventories not owned	294,085	315,576
Notes payable — Note 7:
Notes payable	255,231	198,019
Total senior notes	1,375,506	1,321,345
Total liabilities	1,874,812	1,915,447
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, 2019 and December 31, 2018	0	0
Additional paid-in capital	445,953	445,545
Retained earnings	425,509	417,390
Total William Lyon Homes stockholders’ equity	871,850	863,322
Noncontrolling interests	148,351	151,005
Total equity	1,020,201	1,014,327
Total liabilities and equity	2,895,013	2,929,774
Common stock, Class A, par value $0.01 per share; 150,000,000 shares authorized; 34,020,166 and 33,904,972 shares issued, 32,995,571 and 32,690,378 shares outstanding at March 31, 2019 and December 31, 2018, respectively
Equity:
Common stock	340	339
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, 2019 and December 31, 2018
Equity:
Common stock	48	48
5 3/4% Senior Notes due April 15, 2019
Notes payable — Note 7:
Total senior notes		0
7% Senior Notes due August 15, 2022
Notes payable — Note 7:
Total senior notes	347,639	347,456
6% Senior Notes due September 1, 2023
Notes payable — Note 7:
Total senior notes	344,206	343,878
5 7/8% Senior Notes due January 31, 2025
Notes payable — Note 7:
Total senior notes	428,430	431,992
Seller financing
Notes payable — Note 7:
Notes payable	0	0
Construction notes payable
Notes payable — Note 7:
Notes payable	1,204	1,231
Joint venture notes payable
Notes payable — Note 7:
Notes payable	144,027	151,788
Revolving Credit Facility | Revolving credit facility
Notes payable — Note 7:
Notes payable	$ 110,000	$ 45,000