Business Combination (Tables)

9 Months Ended

Sep. 30, 2018

Business Combinations [Abstract]

Schedule of Provisional Estimate of Fair Value of Assets Acquired and Liabilities Assumed

The following is a summary of fair value of assets acquired and liabilities assumed (in thousands):

Assets acquired
Cash	$	8,399
Inventory	45,070
Property and equipment	1,462
Intangible assets - trade name	850
Intangible assets - home construction contracts	290
Goodwill (1)	680
Other assets	833
Total assets	$	57,584
Liabilities assumed
Note payable	$	300
Accrued expenses and other liabilities	5,486
Customer deposits	9,073
Total liabilities	$	14,859
Redeemable noncontrolling interest	$	6,951
Net assets acquired(2)	$	35,774

(1) Goodwill is expected to be fully deductible for tax purposes.

(2) Contingent consideration of $0.5 million is included in the fair value of net assets acquired.