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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 66,083 $ 78,696
Restricted cash 14,152 14,858
Inventory 1,327,509 1,203,743
Investments in unconsolidated entities 58,127 55,616
Operating Lease, Right-of-Use Asset 4,215 4,596
Property and equipment, net 2,617 2,812
Earnest money deposits 24,744 26,008
Deferred income tax assets, net 15,741 15,741
Intangible assets, net 516 537
Goodwill 680 680
Other assets 7,223 11,709
Total assets 1,528,657 1,421,867
LIABILITIES AND EQUITY    
Accounts payable 56,899 45,682
Accrued expenses 89,558 61,351
Operating Lease, Liability 4,415 4,745
Borrowings on lines of credit, net (19,421) (738)
Senior Notes 335,538 335,446
Contract with Customer, Liability 63,618 64,610
Total liabilities 584,117 511,306
Commitments and contingencies
Redeemable noncontrolling interest in equity of consolidated subsidiary 22,179 21,867
Green Brick Partners, Inc. stockholders’ equity    
Preferred stock, $0.01 par value: 5,000,000 shares authorized; 2,000 issued and outstanding as of March 31, 2022 and December 31 2021, respectively 47,696 47,696
Common stock, $0.01 par value: 100,000,000 shares authorized; 51,245,206 and 51,151,911 issued and 49,660,230 and 50,759,972 outstanding as of March 31, 2022 and December 31, 2021, respectively 512 512
Additional Paid in Capital 292,155 289,641
Retained earnings 600,788 539,866
Total Green Brick Partners, Inc. stockholders’ equity 912,183 874,548
Noncontrolling interests 10,178 14,146
Total equity 922,361 888,694
Total liabilities and equity 1,528,657 1,421,867
Accounts Receivable, after Allowance for Credit Loss 7,050 6,871
Treasury Stock, Value 28,968 3,167
Other Notes Payable $ 14,668 $ 210