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Revenue Recognition (Narrative) (Details) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Dec. 31, 2018
Revenue from Contract with Customer [Abstract]        
Disaggregation of Revenue
The following reflects the disaggregation of revenue by primary geographic market, type of customer, product type, and timing of revenue recognition for the three months ended March 31, 2020 and 2019 (in thousands):
Three Months Ended March 31, 2020Three Months Ended March 31, 2019
Residential units revenueLand and lots revenueResidential units revenueLand and lots revenue
Primary Geographical Market
Central$123,425  $22,080  $84,425  $7,030  
Southeast67,762  —  77,163  10  
Total revenues$191,187  $22,080  $161,588  $7,040  
Type of Customer
Homebuyers$191,187  $—  $161,588  $—  
Homebuilders—  22,080  —  7,040  
Total revenues$191,187  $22,080  $161,588  $7,040  
Product Type
Residential units$191,187  $—  $161,588  $—  
Land and lots—  22,080  —  7,040  
Total revenues$191,187  $22,080  $161,588  $7,040  
Timing of Revenue Recognition
Transferred at a point in time$189,248  $22,080  $159,233  $7,040  
Transferred over time1,939  —  2,355  —  
Total revenues$191,187  $22,080  $161,588  $7,040  

Revenue recognized over time represents revenue from mechanic’s lien contracts.
     
Opening and Closing Contract Balances Included in Customer and Builder Deposits on Balance Sheet and Deposits Recognized as Revenue
Opening and closing contract balances included in customer and builder deposits on the condensed consolidated balance sheets are as follows (in thousands):
March 31, 2020December 31, 2019
Customer and builder deposits$22,585  $23,954  
The amount of deposits on residential units and land and lots held as of the beginning of the period and recognized as revenue during the three months ended March 31, 2020 and 2019 are as follows (in thousands):
Three Months Ended March 31,
20202019
Type of Customer
Homebuyers$5,835  $6,604  
Homebuilders3,641  825  
Total deposits recognized as revenue$9,476  $7,429  
     
Revenue Recognition REVENUE RECOGNITION
Disaggregation of Revenue
The following reflects the disaggregation of revenue by primary geographic market, type of customer, product type, and timing of revenue recognition for the three months ended March 31, 2020 and 2019 (in thousands):
Three Months Ended March 31, 2020Three Months Ended March 31, 2019
Residential units revenueLand and lots revenueResidential units revenueLand and lots revenue
Primary Geographical Market
Central$123,425  $22,080  $84,425  $7,030  
Southeast67,762  —  77,163  10  
Total revenues$191,187  $22,080  $161,588  $7,040  
Type of Customer
Homebuyers$191,187  $—  $161,588  $—  
Homebuilders—  22,080  —  7,040  
Total revenues$191,187  $22,080  $161,588  $7,040  
Product Type
Residential units$191,187  $—  $161,588  $—  
Land and lots—  22,080  —  7,040  
Total revenues$191,187  $22,080  $161,588  $7,040  
Timing of Revenue Recognition
Transferred at a point in time$189,248  $22,080  $159,233  $7,040  
Transferred over time1,939  —  2,355  —  
Total revenues$191,187  $22,080  $161,588  $7,040  

Revenue recognized over time represents revenue from mechanic’s lien contracts.
Contract Balances
Opening and closing contract balances included in customer and builder deposits on the condensed consolidated balance sheets are as follows (in thousands):
March 31, 2020December 31, 2019
Customer and builder deposits$22,585  $23,954  

The difference between the opening and closing balances of customer and builder deposits results from the timing difference between the customers’ payments of deposits and the Company’s performance, impacted slightly by terminations of contracts.

        The amount of deposits on residential units and land and lots held as of the beginning of the period and recognized as revenue during the three months ended March 31, 2020 and 2019 are as follows (in thousands):
Three Months Ended March 31,
20202019
Type of Customer
Homebuyers$5,835  $6,604  
Homebuilders3,641  825  
Total deposits recognized as revenue$9,476  $7,429  

Performance Obligations
There was no revenue recognized during the three months ended March 31, 2020 and 2019 from performance obligations satisfied in prior periods.

Transaction Price Allocated to the Remaining Performance Obligations
The aggregate amount of transaction price allocated to the remaining performance obligations on our land sale and lot option contracts is $35.6 million. The Company will recognize the remaining revenue when the lots are taken down, or upon closing for the sale of a land parcel, which is expected to occur as follows (in thousands):
Total
Remainder of 2020$19,217  
202115,865  
2022560  
Total$35,642  

The timing of lot takedowns is contingent upon a number of factors, including customer needs, the number of lots being purchased, receipt of acceptance of the plat by the municipality, weather-related delays, and agreed-upon lot takedown schedules.
Our contracts with homebuyers have a duration of less than one year. As such, the Company uses the practical expedient as allowed under ASC 606, Revenue from Contracts with Customers, and therefore has not disclosed the transaction price allocated to remaining performance obligations as of the end of the reporting period.
     
Disaggregation of Revenue [Line Items]        
Total revenues $ 213,267,000 $ 168,628,000    
Revenue recognized 9,476,000 7,429,000    
Revenue recognized from performance obligations satisfied in prior periods 0      
Redeemable Noncontrolling Interest, Equity, Common, Carrying Amount 11,412,000 10,295,000 $ 13,611,000 $ 8,531,000
Contract with Customer, Liability 22,585,000   $ 23,954,000  
Residential Real Estate [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues 191,187,000 161,588,000    
Residential Real Estate [Member] | Transferred at a point in time        
Disaggregation of Revenue [Line Items]        
Total revenues 189,248,000 159,233,000    
Residential Real Estate [Member] | Transferred over Time [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues 1,939,000 2,355,000    
Real Estate, Other [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues 22,080,000 7,040,000    
Real Estate, Other [Member] | Transferred at a point in time        
Disaggregation of Revenue [Line Items]        
Total revenues 22,080,000 7,040,000    
Homebuilders [Member] | Residential Real Estate [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues 0 0    
Revenue recognized 3,641,000 825,000    
Homebuilders [Member] | Real Estate, Other [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues 22,080,000 7,040,000    
Homebuyers [Member] | Residential Real Estate [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues 191,187,000 161,588,000    
Revenue recognized 5,835,000 6,604,000    
Homebuyers [Member] | Real Estate, Other [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues 0 0    
Central | Residential Real Estate [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues 123,425,000 84,425,000    
Central | Real Estate, Other [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues 22,080,000 7,030,000    
Southeast [Domain] | Residential Real Estate [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues 67,762,000 77,163,000    
Southeast [Domain] | Real Estate, Other [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues 0 10,000    
Land development        
Disaggregation of Revenue [Line Items]        
Total revenues 22,080,000 7,030,000    
Land development | Residential Real Estate [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues 0 0    
Builder operations | Land and Lots [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues 0 0    
Builder operations | Southeast [Domain]        
Disaggregation of Revenue [Line Items]        
Total revenues $ 67,762,000 $ 77,173,000