CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
ASSETS
Cash and cash equivalents	$ 42,118	$ 33,779
Receivables	12,569	13,502
Escrow proceeds receivable	2,764	0
Real estate inventories - owned	2,327,582	2,333,207
Real estate inventories - not owned	215,541	315,576
Investment in unconsolidated joint ventures	1,552	5,542
Goodwill	123,695	123,695
Intangibles, net of accumulated amortization of $4,640 as of September 30, 2019 and December 31, 2018	6,700	6,700
Deferred income taxes	46,254	47,241
Lease right-of-use assets	37,000	13,561
Financial services assets	168,093	0
Other assets, net	35,136	36,971
Total assets	3,019,004	2,929,774
LIABILITIES AND EQUITY
Accounts payable	114,810	128,371
Accrued expenses	102,263	150,155
Financial services liabilities	146,836	0
Liabilities from inventories not owned	215,541	315,576
Notes payable
Notes payable	288,981	198,019
Senior notes	1,407,191	1,321,345
Total liabilities	1,986,641	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 September 30, 2019 and December 31, 2018	0	0
Additional paid-in capital	450,137	445,545
Retained earnings	445,440	417,390
Total William Lyon Homes stockholders’ equity	895,965	863,322
Noncontrolling interests	136,398	151,005
Total equity	1,032,363	1,014,327
Total liabilities and equity	3,019,004	2,929,774
Common stock, Class A, par value $0.01 per share; 150,000,000 shares authorized; 33,983,093 and 33,904,972 shares issued, 33,029,026 and 32,690,378 shares outstanding at September 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 September 30, 2019 and December 31, 2018
Equity:
Common stock	48	48
7% Senior Notes due August 15, 2022
Notes payable
Senior notes	49,762	347,456
6% Senior Notes due September 1, 2023
Notes payable
Senior notes	344,654	343,878
5.875% Senior Notes due January 31, 2025
Notes payable
Senior notes	429,121	431,992
6.625% Senior Notes Due 2027
Notes payable
Senior notes	294,673	0
Construction notes payable
Notes payable
Notes payable	1,252	1,231
Joint venture notes payable
Notes payable
Notes payable	137,729	151,788
Revolving Credit Facility \| Revolving credit facility
Notes payable
Notes payable	$ 150,000	$ 45,000

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business.

Name:	us-gaap_AccountsPayableCurrentAndNoncurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities.