Investment in Unconsolidated Entities (Tables)

6 Months Ended

Jun. 30, 2020

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments

A summary of the unaudited condensed financial information of the unconsolidated entities that are accounted for by the equity method is as follows (in thousands):

	June 30, 2020		December 31, 2019
Assets:
Cash	$	15,917	$	11,699
Accounts receivable	1,432		3,252
Bonds and notes receivable	7,342		5,864
Loans held for sale, at fair value	29,482		23,143
Inventory	83,718		73,704
Other assets	5,977		4,012
Total assets	$	143,868	$	121,674
Liabilities:
Accounts payable	$	5,814	$	1,726
Accrued expenses and other liabilities	8,377		7,784
Notes payable	68,226		58,223
Total liabilities	$	82,417	$	67,733
Owners’ equity:
Green Brick	$	30,563	$	25,910
Others	30,888		28,031
Total owners’ equity	$	61,451	$	53,941
Total liabilities and owners’ equity	$	143,868	$	121,674

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Revenues	$	52,948	$	43,261	$	88,313	$	74,358
Costs and expenses	42,337		37,804		72,152		65,121
Net earnings of unconsolidated entities	$	10,611	$	5,457	$	16,161	$	9,237
Company’s share in net earnings of unconsolidated entities	5,174		2,697		$	7,739	$	4,543