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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Summarized Unaudited Quarterly Results of Operations
Summarized unaudited quarterly results of operations for the years ended December 31, 2018 and 2017 are as follows (in thousands, except per share amounts):
Year Ended December 31, 2018
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Revenues
 
$
129,163

 
$
157,312

 
$
152,052

 
$
185,120

Gross profit
 
27,268

 
35,070

 
31,004

 
36,988

Net income attributable to Green Brick Partners, Inc.
 
11,203

 
14,869

 
12,197

 
13,354

Net income attributable to Green Brick Partners, Inc. per common share: (2)
 
 
 
 
 
 
 
 
Basic
 
$0.22
 
$0.29
 
$0.24
 
$0.26
Diluted
 
$0.22
 
$0.29
 
$0.24
 
$0.26
Year Ended December 31, 2017
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Revenues
 
$
100,734

 
$
105,750

 
$
114,342

 
$
137,424

Gross profit
 
21,500

 
23,031

 
25,506

 
28,997

Net income (loss) attributable to Green Brick Partners, Inc. (1)
 
6,197

 
7,689

 
9,279

 
(8,195
)
Net income (loss) attributable to Green Brick Partners, Inc. per common share: (2)
 
 
 
 
 
 
 
 
Basic
 
$0.13
 
$0.16
 
$0.19
 
$(0.16)
Diluted
 
$0.13
 
$0.16
 
$0.19
 
$(0.16)
 
(1)
Net loss attributable to Green Brick Partners, Inc. in the fourth quarter is due to the remeasurement of our deferred tax assets as a result of the change in federal statutory tax rate which resulted in additional tax expense of $19.0 million.
(2)
Per share amounts for the four quarters do not add to per share amounts for the year due to rounding differences in quarterly amounts and due to the impact of differences between the quarterly and annual weighted average share calculations.