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Revenue Recognition (Tables)
 12 Months Ended
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Disaggregation of Revenue
The following reflects the disaggregation of revenue by primary geographic market, type of customer, product type, and timing of revenue recognition (in thousands):
Years Ended December 31,
202120202019
Residential units revenueLand and lots revenueResidential units revenueLand and lots revenueResidential units revenueLand and lots revenue
Primary Geographical Market
Central$938,052 $66,613 $644,976 $43,788 $396,900 $31,080 
Southeast371,635 26,576 285,200 2,057 362,930 750 
Total revenues$1,309,687 $93,189 $930,176 $45,845 $759,830 $31,830 
Type of Customer
Homebuyers$1,309,687 $— $930,176 $— $759,830 $185 
Homebuilders and Multi-family Developers— 93,189 — 45,845 — 31,645 
Total revenues$1,309,687 $93,189 $930,176 $45,845 $759,830 $31,830 
Product Type
Residential units$1,309,687 $— $930,176 $— $759,830 $— 
Land and lots— 93,189 — 45,845 — 31,830 
Total revenues$1,309,687 $93,189 $930,176 $45,845 $759,830 $31,830 
Timing of Revenue Recognition
Transferred at a point in time$1,305,620 $93,189 $923,901 $45,845 $752,273 $31,830 
Transferred over time4,067 — 6,275 — 7,557 — 
Total revenues$1,309,687 $93,189 $930,176 $45,845 $759,830 $31,830 
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block] The aggregate amount of transaction price allocated to the remaining performance obligations on our land sale and lot option contracts is $8.9 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):
2022$6,095 
20232,784 
Total$8,879 
Contract with Customer, Asset and Liability [Table Text Block]
Contract Balances

Opening and closing contract balances included in customer and builder deposits on the consolidated balance sheets are as follows (in thousands):
December 31, 2021December 31, 2020
Customer and builder deposits$64,610 $38,131 

The difference between the opening and closing balances of customer and builder deposits results from the timing difference between the customer’s payment of a deposit 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 years ended December 31, 2021 and 2020 are as follows (in thousands):
20212020
Type of Customer
Homebuyers$29,313 $14,149 
Homebuilders and Multi-Family Developers2,126 5,929 
Total deposits recognized as revenue$31,439 $20,078