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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income $ 204,381,000 $ 117,797,000 $ 64,302,000
Adjustments to reconcile net income to net cash (used in) provided by operating activities:      
Depreciation and amortization expense 2,744,000 3,666,000 3,079,000
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property 150,000 36,000 10,000
Share-based compensation expense 3,078,000 2,097,000 2,191,000
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability 0 368,000 4,906,000
Deferred income taxes, net (365,000) (114,000) 1,237,000
Income (Loss) from Equity Method Investments (19,713,000) (16,654,000) (9,809,000)
Allowances For Option Deposits And Pre-Acquisition Costs 223,000 1,513,000 884,000
Distributions of income from unconsolidated entities 10,548,000 10,936,000 5,084,000
Changes in operating assets and liabilities:      
(Increase) decrease in receivables (1,647,000) (504,000) 122,000
Increase in inventory (358,270,000) (90,345,000) (83,970,000)
(Increase) decrease in earnest money deposits (3,772,000) (9,069,000) 2,107,000
Decrease (increase) in other assets 2,054,000 (3,739,000) (2,409,000)
Increase (decrease) in accounts payable 21,161,000 (5,523,000) 3,953,000
Increase (decrease) in accrued expenses 20,935,000 15,760,000 (4,384,000)
Payment for Contingent Consideration Liability, Operating Activities (368,000) (5,267,000) (1,332,000)
Increase (Decrease) in Contract with Customer, Liability 26,479,000 14,177,000 (8,024,000)
Net cash (used in) provided by operating activities (92,382,000) 35,135,000 (22,053,000)
Cash flows from investing activities:      
Investments in unconsolidated entities (8,000) (10,431,000) (5,300,000)
Purchase of property and equipment, net of disposals (2,025,000) (2,903,000) (2,579,000)
Net cash used in investing activities (2,033,000) (13,334,000) (7,879,000)
Cash flows from financing activities:      
Borrowings from lines of credit 749,800,000 354,500,000 224,000,000
Proceeds from Issuance of Senior Long-term Debt 225,000,000 37,500,000 75,000,000
Payments of Debt Issuance Costs (2,901,000) (527,000) (1,974,000)
Repayments of lines of credit (855,800,000) (412,500,000) (260,000,000)
Proceeds from Notes Payable 209,000 10,714,000 0
Repayments of notes payable (2,124,000) (8,590,000) 0
Payment for Contingent Consideration Liability, Financing Activities 0 0 (514,000)
Payments of withholding tax on vesting of restricted stock awards (834,000) (592,000) (544,000)
Payments for Repurchase of Common Stock 0 0 (2,186,000)
Proceeds from Issuance of Preferred Stock and Preference Stock 47,696,000 0 0
Contributions from noncontrolling interests 0 400,000 3,600,000
Distributions to noncontrolling interests (6,606,000) (5,251,000) (10,993,000)
Proceeds from (Payments for) Other Financing Activities (106,000) (1,505,000) (527,000)
Net cash provided by (used in) financing activities 154,334,000 (25,851,000) 25,862,000
Net increase (decrease) in cash and cash equivalents and restricted cash 59,919,000 (4,050,000) (4,070,000)
Restricted Cash 14,858,000 14,156,000 4,416,000
Cash 78,696,000 19,479,000 33,269,000
Cash and restricted cash 93,554,000 33,635,000 37,685,000
Supplemental disclosure of cash flow information:      
Cash paid for income taxes, net of refunds $ 47,288,000 $ 20,541,000 $ 14,313,000