Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Cash flows from operating activities:
Net income	$ 32,234	$ 17,657
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Depreciation and amortization expense	1,038	172
Share-based compensation expense	1,421	2,072
Deferred income taxes	8,320	7,024
Equity in income of unconsolidated entities	(3,815)	0
Distributions of income from unconsolidated entities	1,958	0
Changes in operating assets and liabilities:
(Increase) decrease in receivables	(4,391)	67
Increase in inventory	(43,439)	(25,582)
Increase in earnest money deposits	(2,894)	(3,174)
Increase in other assets	(635)	(1,063)
(Decrease) increase in accounts payable	(7,073)	1,222
Increase in accrued expenses	1,507	138
Increase in customer and builder deposits	3,468	5,204
Net cash (used in) provided by operating activities	(12,301)	3,737
Cash flows from investing activities:
Business combination, net of acquired cash	(25,347)	0
Investments in unconsolidated entities	(755)	0
Purchase of property and equipment	(1,178)	0
Net cash used in investing activities	(27,280)	0
Cash flows from financing activities:
Borrowings from lines of credit	95,500	27,500
Payments of debt issuance costs	(150)	(70)
Repayments of lines of credit	(35,000)	(28,500)
Repayments of notes payable	(9,022)	(735)
Withholdings of taxes from vesting of restricted stock awards	(412)	(586)
Contributions from noncontrolling interests	0	293
Distributions to noncontrolling interests	(10,423)	(9,470)
Net cash provided by (used in) financing activities	40,493	(11,568)
Net increase (decrease) in cash and restricted cash	912	(7,831)
Cash, beginning of period	36,684	35,157
Restricted cash, beginning of period	3,605	4,445
Cash and restricted cash, beginning of period	40,289	39,602
Cash, end of period	37,069	27,297
Restricted cash, end of period	4,132	4,474
Cash and restricted cash, end of period	41,201	31,771
Supplemental disclosure of cash flow information:
Cash paid for interest, net of capitalized interest	0	0
Cash paid for taxes, net of refunds	1,579	2,206
Supplemental disclosure of noncash investing activities:
Decrease in land not owned under option contracts	$ 0	$ 1,316