Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities:
Net income	$ 25,545	$ 61,062	$ 44,316
distributionsoutofperiodadjustmentnonmaterial	1,933	0	0
Adjustment to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization expense	865	291	127
Share-based compensation	474	40	0
Deferred income taxes, net	8,352	(25,338)	0
Changes in operating assets and liabilities
Decrease (increase) in restricted cash	317	(326)	(1,063)
Increase in accounts receivable	(2,566)	(303)	(333)
Increase in inventory	(58,728)	(38,026)	(96,630)
Increase in earnest money deposits	(11,169)	(3,384)	(1,983)
Increase in other assets	(4,361)	(828)	(982)
(Decrease) increase in accounts payable	(21)	4,898	4,137
(Decrease) increase in accrued expenses	(3,465)	4,706	3,957
Decrease in customer and builder deposits	(2,814)	(1,022)	(1,445)
Net cash (used in) provided by operating activities	(47,571)	1,770	(49,899)
Cash flows from investing activities:
Proceeds from sale of investment in direct financing leases	2,768	5,581	3,168
Issuance of notes receivable	0	(1,600)	(4,201)
Repayments of notes receivable	0	9,156	11,917
Acquisition of property and equipment	(307)	(520)	(98)
Net cash provided by investing activities	2,461	12,617	10,786
Cash flows from financing activities:
Cash received as part of reverse recapitalization	0	(31,916)	0
Borrowings from lines of credit	86,000	19,000	39,000
Proceeds from notes payable	3,206	7,989	21,462
Repayments of lines of credit	(52,561)	(22,147)	(28,336)
Repayments of notes payable	(5,199)	(22,434)	(16,309)
Repayment of term loan facility	(150,000)	0	0
Proceeds from equity offering, net of issuance costs	169,942	0	0
Contributions from controlling interests	0	0	57,286
Contributions from noncontrolling interests	87	787	1,756
Distributions to controlling interests	0	(13,121)	(19,478)
Distributions to noncontrolling interests	(7,723)	(11,793)	(6,749)
Net cash provided by (used in) financing activities	43,752	(9,803)	48,632
Net cash provided by (used in) financing activities	(1,358)	4,584	9,519
Cash and cash equivalents at beginning of year	21,267	16,683	7,164
Cash and cash equivalents at beginning of year	19,909	21,267	16,683
Supplemental disclosure of cash flow information:
Cash paid for interest, net of capitalized interest	2,764	1,433	497
Cash paid for taxes	1,339	636	665
Supplemental disclosure of noncash investing and financing activities:
Increase in land not owned under option agreements	(8,935)	(7,279)	0
Accrued debt issuance costs	$ 52	$ 235	$ 0