Investment in Unconsolidated Entities (Tables)

6 Months Ended

Jun. 30, 2021

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments

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

	June 30, 2021		December 31, 2020
Assets:
Cash	$	14,131	$	12,765
Accounts receivable	2,558		1,815
Bonds and notes receivable	5,942		5,942
Loans held for sale, at fair value	35,756		14,530
Inventory	150,154		122,819
Other assets	7,775		8,377
Total assets	$	216,316	$	166,248
Liabilities:
Accounts payable	$	7,578	$	7,171
Accrued expenses and other liabilities	15,712		11,148
Notes payable	99,906		60,642
Total liabilities	$	123,196	$	78,961
Owners’ equity:
Green Brick	$	47,652	$	43,451
Others	45,468		43,836
Total owners’ equity	$	93,120	$	87,287
Total liabilities and owners’ equity	$	216,316	$	166,248

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Revenues	$	51,737	$	52,948	$	91,458	$	88,313
Costs and expenses	42,492		42,337		74,359		72,152
Net earnings of unconsolidated entities	$	9,245	$	10,611	$	17,099	$	16,161
Company’s share in net earnings of unconsolidated entities	$	4,593	$	5,174	$	8,484	$	7,739