Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Cash flows from operating activities:
Net income	$ 29,585	$ 22,073
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization expense	238	199
Share-based compensation	2,242	980
Deferred income taxes, net	11,771	8,477
Equity in income of unconsolidated entities	(968)	0
Cash distributions of income from unconsolidated entities	259	0
Changes in operating assets and liabilities
Decrease in accounts receivable	640	1,247
Increase in inventory	(70,605)	(77,335)
(Increase) decrease in earnest money deposits	(7,246)	3,708
(Increase) decrease in other assets	(1,571)	866
(Decrease) increase in accounts payable	910	22,214
(Decrease) increase in accrued expenses	2,463	5,470
Increase in customer and builder deposits	8,668	8,380
Net cash used in operating activities	(23,614)	(3,721)
Cash flows from investing activities
Cash used in investment in unconsolidated entity	(241)	0
Acquisition of property and equipment	(27)	(343)
Net cash used in investing activities	(268)	(343)
Cash flows from financing activities
Borrowings from lines of credit	61,500	63,000
Proceeds from notes payable	0	1,425
Repayments of lines of credit	(41,500)	(29,000)
Repayments of notes payable	(744)	(1,870)
Withholdings of taxes from vesting of restricted stock awards	(586)	0
Contributions from noncontrolling interests	438	2,921
Distributions to noncontrolling interests	(9,740)	(9,130)
Net cash provided by financing activities	9,368	27,346
Net (decrease) increase in cash, cash equivalents and restricted cash	(14,514)	23,282
Cash, cash equivalents and restricted cash at beginning of period	39,602	21,301
Cash, cash equivalents and restricted cash at end of period	25,088	44,583
Supplemental disclosure of cash flow information:
Cash paid for interest, net of capitalized interest	0	0
Cash paid for taxes	2,872	1,037
Supplemental disclosure of noncash investing and financing activities:
Decrease in land not owned under option agreements	2,271	6,225
Equity issuance related to investment in unconsolidated entity	$ 14,623	$ 0