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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Assets    
Cash $ 36,684 $ 35,157
Restricted cash 3,605 4,445
Accounts receivable 1,605 2,448
Inventory 495,655 410,297
Equity Method Investments 16,878 0
Property and equipment, net 804 892
Earnest money deposits 22,038 18,143
Deferred income tax assets, net 31,211 67,598
Other assets, net 3,750 2,004
Total assets 612,230 540,984
Liabilities and stockholders’ equity    
Accounts payable 22,354 15,113
Accrued expenses 18,465 14,290
Customer and builder deposits 21,447 14,088
Obligations related to land not owned under option contracts 0 10,060
Borrowings on lines of credit 107,000 75,000
Notes payable 9,926 10,948
Total liabilities 179,192 139,499
Commitments and contingencies 0 0
Stockholders’ equity    
Common shares, $0.01 par value: 100,000,000 shares authorized; 50,598,901 and 48,955,909 issued and outstanding as of December 31, 2017 and 2016, respectively 506 490
Additional paid-in capital 289,938 273,149
Retained earnings 125,903 110,933
Total Green Brick Partners, Inc. stockholders’ equity 416,347 384,572
Noncontrolling interests 16,691 16,913
Total stockholders’ equity 433,038 401,485
Total liabilities and stockholders’ equity $ 612,230 $ 540,984