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Revenue Recognition (Narrative) (Details) - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Dec. 31, 2020
Dec. 31, 2019
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, 2021 and 2020 (in thousands):

Three Months Ended March 31, 2021Three Months Ended March 31, 2020
Residential units revenueLand and lots revenueResidential units revenueLand and lots revenue
Primary Geographical Market
Central$157,378 $8,417 $123,425 $22,080 
Southeast59,858 8,826 67,762 — 
Total revenues$217,236 $17,243 $191,187 $22,080 
Type of Customer
Homebuyers$217,236 $— $191,187 $— 
Homebuilders and Multi-family Developers— 17,243 — 22,080 
Total revenues$217,236 $17,243 $191,187 $22,080 
Product Type
Residential units$217,236 $— $191,187 $— 
Land and lots— 17,243 — 22,080 
Total revenues$217,236 $17,243 $191,187 $22,080 
Timing of Revenue Recognition
Transferred at a point in time$216,134 $17,243 $189,248 $22,080 
Transferred over time1,102 — 1,939 — 
Total revenues$217,236 $17,243 $191,187 $22,080 
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, 2021December 31, 2020
Customer and builder deposits$56,073 $38,131 
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, 2021 and 2020 are as follows (in thousands):
Three Months Ended March 31,
20212020
Type of Customer
Homebuyers$6,616 $5,835 
Homebuilders and Multi-Family Developers1,109 3,641 
Total deposits recognized as revenue$7,725 $9,476 
     
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, 2021 and 2020 (in thousands):

Three Months Ended March 31, 2021Three Months Ended March 31, 2020
Residential units revenueLand and lots revenueResidential units revenueLand and lots revenue
Primary Geographical Market
Central$157,378 $8,417 $123,425 $22,080 
Southeast59,858 8,826 67,762 — 
Total revenues$217,236 $17,243 $191,187 $22,080 
Type of Customer
Homebuyers$217,236 $— $191,187 $— 
Homebuilders and Multi-family Developers— 17,243 — 22,080 
Total revenues$217,236 $17,243 $191,187 $22,080 
Product Type
Residential units$217,236 $— $191,187 $— 
Land and lots— 17,243 — 22,080 
Total revenues$217,236 $17,243 $191,187 $22,080 
Timing of Revenue Recognition
Transferred at a point in time$216,134 $17,243 $189,248 $22,080 
Transferred over time1,102 — 1,939 — 
Total revenues$217,236 $17,243 $191,187 $22,080 
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, 2021December 31, 2020
Customer and builder deposits$56,073 $38,131 

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, 2021 and 2020 are as follows (in thousands):
Three Months Ended March 31,
20212020
Type of Customer
Homebuyers$6,616 $5,835 
Homebuilders and Multi-Family Developers1,109 3,641 
Total deposits recognized as revenue$7,725 $9,476 

Performance Obligations
There was no revenue recognized during the three months ended March 31, 2021 and 2020 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 $32.9 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 2021$25,164 
20226,194 
20231,525 
Total$32,883 

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 $ 234,479,000 $ 213,267,000    
Revenue recognized 7,725,000 9,476,000    
Revenue recognized from performance obligations satisfied in prior periods 0      
Redeemable Noncontrolling Interest, Equity, Common, Carrying Amount 15,701,000 11,412,000   $ 13,611,000
Contract with Customer, Liability 56,073,000   $ 38,131,000  
Residential Real Estate [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues 217,236,000 191,187,000    
Residential Real Estate [Member] | Transferred at a point in time        
Disaggregation of Revenue [Line Items]        
Total revenues 216,134,000 189,248,000    
Residential Real Estate [Member] | Transferred over Time [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues 1,102,000 1,939,000    
Real Estate, Other [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues 17,243,000 22,080,000    
Real Estate, Other [Member] | Transferred at a point in time        
Disaggregation of Revenue [Line Items]        
Total revenues 17,243,000 22,080,000    
Real Estate, Other [Member] | Transferred over Time [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues 0 0    
Homebuilders [Member] | Residential Real Estate [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues 0 0    
Revenue recognized 1,109,000 3,641,000    
Homebuilders [Member] | Real Estate, Other [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues 17,243,000 22,080,000    
Homebuyers [Member] | Residential Real Estate [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues 217,236,000 191,187,000    
Revenue recognized 6,616,000 5,835,000    
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 157,378,000 123,425,000    
Central | Real Estate, Other [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues 8,417,000 22,080,000    
Southeast [Domain] | Residential Real Estate [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues 59,858,000 67,762,000    
Southeast [Domain] | Real Estate, Other [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues 8,826,000 0    
Home Building Member        
Disaggregation of Revenue [Line Items]        
Total revenues 227,070,000 191,187,000    
Home Building Member | Real Estate, Other [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues 9,800,000      
Home Building Member | Land and Lots [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues 0 0    
Home Building Member | Southeast [Domain]        
Disaggregation of Revenue [Line Items]        
Total revenues 68,684,000 67,762,000    
Land Subdividers and Developers        
Disaggregation of Revenue [Line Items]        
Total revenues 7,409,000 22,080,000    
Land Subdividers and Developers | Residential Real Estate [Member]        
Disaggregation of Revenue [Line Items]        
Total revenues $ 0 $ 0