CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2019	Dec. 31, 2018
ASSETS
Cash and cash equivalents — Note 1	$ 35,498	$ 33,779
Receivables	16,086	13,502
Escrow proceeds receivable	0	0
Real estate inventories	2,349,438	2,333,207
Not owned	240,015	315,576
Investment in unconsolidated joint ventures — Note 5	6,686	5,542
Goodwill	123,695	123,695
Intangibles, net of accumulated amortization of $4,640 as of June 30, 2019 and December 31, 2018	6,700	6,700
Deferred income taxes	46,255	47,241
Lease right-of-use assets	37,493	13,561
Financial services assets	45,367	0
Other assets, net	38,889	36,971
Total assets	2,946,122	2,929,774
LIABILITIES AND EQUITY
Accounts payable	114,026	128,371
Accrued expenses	122,871	150,155
Financial services liabilities	31,452	0
Liabilities from inventories not owned	240,015	315,576
Notes payable — Note 8:
Notes payable	290,234	198,019
Total senior notes	1,411,356	1,321,345
Total liabilities	1,919,720	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 June 30, 2019 and December 31, 2018	0	0
Additional paid-in capital	447,910	445,545
Retained earnings	435,960	417,390
Total William Lyon Homes stockholders’ equity	884,258	863,322
Noncontrolling interests	142,144	151,005
Total equity	1,026,402	1,014,327
Total liabilities and equity	2,946,122	2,929,774
Common stock, Class A, par value $0.01 per share; 150,000,000 shares authorized; 33,972,103 and 33,904,972 shares issued, 33,009,795 and 32,690,378 shares outstanding at June 30, 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 June 30, 2019 and December 31, 2018
Equity:
Common stock	48	48
7% Senior Notes due August 15, 2022
Notes payable — Note 8:
Total senior notes	347,821	347,456
6% Senior Notes due September 1, 2023
Notes payable — Note 8:
Total senior notes	344,526	343,878
5 7/8% Senior Notes due January 31, 2025
Notes payable — Note 8:
Total senior notes	428,775	431,992
Construction notes payable
Notes payable — Note 8:
Notes payable	1,342	1,231
Joint venture notes payable
Notes payable — Note 8:
Notes payable	155,892	151,788
Revolving Credit Facility | Revolving credit facility
Notes payable — Note 8:
Notes payable	$ 133,000	$ 45,000