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Condensed Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net income $ 86,044,000 $ 51,553,000
Depreciation, Depletion and Amortization 1,394,000 1,539,000
Adjustments to reconcile net income to net cash (used in) provided by operating activities:    
Share-based compensation expense 2,756,000 1,819,000
Earnest Money Deposits and Pre-acquisition Costs Written-Off 43,000 1,532,000
Deferred income taxes, net 0 (115,000)
Income (Loss) from Equity Method Investments (8,484,000) (7,739,000)
Distributions of income from unconsolidated entities 4,593,000 3,393,000
Changes in operating assets and liabilities:    
Increase in receivables (1,783,000) (9,767,000)
(Increase) decrease in inventory (261,156,000) 2,798,000
Decrease (increase) in earnest money deposits 2,078,000 (6,273,000)
Increase in other assets (7,649,000) (4,820,000)
Increase (decrease) in accounts payable (21,240,000) 1,322,000
Increase in accrued expenses 17,009,000 14,735,000
Increase (Decrease) in Contract with Customer, Liability 25,568,000 (3,061,000)
Net cash (used in) provided by operating activities (118,715,000) 39,005,000
Cash flows from investing activities:    
Purchase of property and equipment (1,467,000) (1,180,000)
Net cash used in investing activities (1,475,000) (1,670,000)
Net Cash Provided by (Used in) Financing Activities [Abstract]    
Borrowings from lines of credit 342,000,000 112,000,000
Repayments of Lines of Credit 318,000,000 133,000,000
Payment, Tax Withholding, Share-based Payment Arrangement 834,000 592,000
Contributions of LLC Members 0 400,000
Payments to Noncontrolling Interests 1,606,000 5,251,000
Net cash provided by (used in) financing activities 143,670,000 (23,699,000)
Net increase in cash and cash equivalents and restricted cash 23,480,000 13,636,000
Cash and cash equivalents, beginning of period   33,269,000
Restricted cash, beginning of period 14,156,000 4,416,000
Cash and cash equivalents and restricted cash, beginning of period 33,635,000 37,685,000
Cash and cash equivalents, end of period   43,162,000
Restricted cash, end of period 23,598,000 8,159,000
Cash and cash equivalents and restricted cash, end of period 57,115,000 51,321,000
Supplemental Cash Flow Information [Abstract]    
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 0
Income Taxes Paid, Net 32,463,000 13,000
Earnest Money Deposits and Pre-acquisition Costs Written-Off 43,000 1,532,000
Proceeds from Notes Payable 127,000 10,562,000
Repayments of Notes Payable (2,018,000) (6,313,000)
Payments of Debt Issuance Costs (893,000) 0
Payments for Repurchase of Redeemable Noncontrolling Interest (106,000) (1,505,000)
Payment for Contingent Consideration Liability, Operating Activities (368,000) (5,267,000)
Payments to Acquire Equity Method Investments (8,000) (490,000)
Proceeds from Issuance of Senior Long-term Debt $ 125,000,000 $ 0