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Revenue Recognition (Narrative) (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]          
Disaggregation of Revenue    
The following reflects the disaggregation of revenue by primary geographic market, type of customer, product type, and timing of revenue recognition for the three and six months ended June 30, 2022 and 2021 (in thousands):
Three Months Ended June 30, 2022Three Months Ended June 30, 2021
Residential units revenueLand and lots revenueResidential units revenueLand and lots revenue
Primary Geographical Market
Central$364,880 $12,605 $233,592 $22,556 
Southeast147,635 24 99,908 17,750 
Total revenues$512,515 $12,629 $333,500 $40,306 
Type of Customer
Homebuyers$512,515 $— $333,500 $— 
Homebuilders and Multi-family Developers— 12,629 — 40,306 
Total revenues$512,515 $12,629 $333,500 $40,306 
Product Type
Residential units$512,515 $— $333,500 $— 
Land and lots— 12,629 — 40,306 
Total revenues$512,515 $12,629 $333,500 $40,306 
Timing of Revenue Recognition
Transferred at a point in time$510,535 $12,629 $332,279 $40,306 
Transferred over time1,980 — 1,221 — 
Total revenues$512,515 $12,629 $333,500 $40,306 
Six Months Ended June 30, 2022Six Months Ended June 30, 2021
Residential units revenueLand and lots revenueResidential units revenueLand and lots revenue
Primary Geographical Market
Central$626,578 $41,466 $390,970 $30,973 
Southeast250,598 118 159,766 26,576 
Total revenues$877,176 $41,584 $550,736 $57,549 
Type of Customer
Homebuyers$877,176 $— $550,736 $— 
Homebuilders and Multi-family Developers— 41,584 — 57,549 
Total revenues$877,176 $41,584 $550,736 $57,549 
Product Type
Residential units$877,176 $— $550,736 $— 
Land and lots— 41,584 — 57,549 
Total revenues$877,176 $41,584 $550,736 $57,549 
Timing of Revenue Recognition
Transferred at a point in time$873,598 $41,584 $548,413 $57,549 
Transferred over time3,578 — 2,323 — 
Total revenues$877,176 $41,584 $550,736 $57,549 

Revenue recognized over time represents revenue from mechanic’s lien contracts.
   
Opening and Closing Contract Balances Included in Customer and Builder Deposits on Balance Sheet and Deposits Recognized as Revenue     Opening and closing contract balances included in customer and builder deposits on the condensed consolidated balance sheets are as follows (in thousands):
June 30, 2022December 31, 2021
Customer and builder deposits$57,624 $64,610 
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 three and six months ended June 30, 2022 and 2021 are as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Type of Customer
Homebuyers$27,910 $13,266 $42,237 $15,846 
Homebuilders and Multi-Family Developers92 304 192 1,309 
Total deposits recognized as revenue$28,002 $13,570 $42,429 $17,155 
   
Revenue Recognition    
8. REVENUE RECOGNITION

Disaggregation of Revenue
The following reflects the disaggregation of revenue by primary geographic market, type of customer, product type, and timing of revenue recognition for the three and six months ended June 30, 2022 and 2021 (in thousands):
Three Months Ended June 30, 2022Three Months Ended June 30, 2021
Residential units revenueLand and lots revenueResidential units revenueLand and lots revenue
Primary Geographical Market
Central$364,880 $12,605 $233,592 $22,556 
Southeast147,635 24 99,908 17,750 
Total revenues$512,515 $12,629 $333,500 $40,306 
Type of Customer
Homebuyers$512,515 $— $333,500 $— 
Homebuilders and Multi-family Developers— 12,629 — 40,306 
Total revenues$512,515 $12,629 $333,500 $40,306 
Product Type
Residential units$512,515 $— $333,500 $— 
Land and lots— 12,629 — 40,306 
Total revenues$512,515 $12,629 $333,500 $40,306 
Timing of Revenue Recognition
Transferred at a point in time$510,535 $12,629 $332,279 $40,306 
Transferred over time1,980 — 1,221 — 
Total revenues$512,515 $12,629 $333,500 $40,306 
Six Months Ended June 30, 2022Six Months Ended June 30, 2021
Residential units revenueLand and lots revenueResidential units revenueLand and lots revenue
Primary Geographical Market
Central$626,578 $41,466 $390,970 $30,973 
Southeast250,598 118 159,766 26,576 
Total revenues$877,176 $41,584 $550,736 $57,549 
Type of Customer
Homebuyers$877,176 $— $550,736 $— 
Homebuilders and Multi-family Developers— 41,584 — 57,549 
Total revenues$877,176 $41,584 $550,736 $57,549 
Product Type
Residential units$877,176 $— $550,736 $— 
Land and lots— 41,584 — 57,549 
Total revenues$877,176 $41,584 $550,736 $57,549 
Timing of Revenue Recognition
Transferred at a point in time$873,598 $41,584 $548,413 $57,549 
Transferred over time3,578 — 2,323 — 
Total revenues$877,176 $41,584 $550,736 $57,549 

Revenue recognized over time represents revenue from mechanic’s lien contracts.

Contract Balances
Opening and closing contract balances included in customer and builder deposits on the condensed consolidated balance sheets are as follows (in thousands):
June 30, 2022December 31, 2021
Customer and builder deposits$57,624 $64,610 

The difference between the opening and closing balances of customer and builder deposits results from the timing difference between the customers’ payments of deposits 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 three and six months ended June 30, 2022 and 2021 are as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Type of Customer
Homebuyers$27,910 $13,266 $42,237 $15,846 
Homebuilders and Multi-Family Developers92 304 192 1,309 
Total deposits recognized as revenue$28,002 $13,570 $42,429 $17,155 
Performance Obligations
There was no revenue recognized during the six months ended June 30, 2022 and 2021 from performance obligations satisfied in prior periods.

Transaction Price Allocated to the Remaining Performance Obligations
The aggregate amount of transaction price allocated to the remaining performance obligations on our land sale and lot option contracts is $12.0 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):
Total
Remainder of 2022$4,558 
20237,484 
2024— 
Total$12,042 

The timing of lot takedowns is contingent upon a number of factors, including customer needs, the number of lots being purchased, receipt of acceptance of the plat by the municipality, weather-related delays, and agreed-upon lot takedown schedules.
Our contracts with homebuyers have a duration of less than one year. As such, the Company uses the practical expedient as allowed under ASC 606, Revenue from Contracts with Customers, and therefore has not disclosed the transaction price allocated to remaining performance obligations as of the end of the reporting period.
   
Disaggregation of Revenue [Line Items]          
Total revenues $ 525,144,000 $ 373,806,000 $ 918,760,000 $ 608,285,000  
Revenue recognized 28,002,000 13,570,000 42,429,000 17,155,000  
Revenue recognized from performance obligations satisfied in prior periods     0    
Contract with Customer, Liability 57,624,000   57,624,000   $ 64,610,000
Residential Real Estate [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 512,515,000 333,500,000 877,176,000 550,736,000  
Residential Real Estate [Member] | Transferred at a point in time          
Disaggregation of Revenue [Line Items]          
Total revenues 510,535,000 332,279,000 873,598,000 548,413,000  
Residential Real Estate [Member] | Transferred over Time [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 1,980,000 1,221,000 3,578,000 2,323,000  
Real Estate, Other [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 12,629,000 40,306,000 41,584,000 57,549,000  
Real Estate, Other [Member] | Transferred at a point in time          
Disaggregation of Revenue [Line Items]          
Total revenues 12,629,000 40,306,000 41,584,000 57,549,000  
Real Estate, Other [Member] | Transferred over Time [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 0 0 0 0  
Homebuilders [Member] | Residential Real Estate [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 0 0 0 0  
Revenue recognized 92,000 304,000 192,000 1,309,000  
Homebuilders [Member] | Real Estate, Other [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 12,629,000 40,306,000 41,584,000 57,549,000  
Homebuyers [Member] | Residential Real Estate [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 512,515,000 333,500,000 877,176,000 550,736,000  
Revenue recognized 27,910,000 13,266,000 42,237,000 15,846,000  
Homebuyers [Member] | Real Estate, Other [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 0 0 0 0  
Central | Residential Real Estate [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 364,880,000 233,592,000 626,578,000 390,970,000  
Central | Real Estate, Other [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 12,605,000 22,556,000 41,466,000 30,973,000  
Southeast [Domain] | Residential Real Estate [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 147,635,000 99,908,000 250,598,000 159,766,000  
Southeast [Domain] | Real Estate, Other [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 24,000 17,750,000 118,000 26,576,000  
Land Subdivider and Developers          
Disaggregation of Revenue [Line Items]          
Total revenues 12,605,000 21,833,000 41,466,000 29,242,000  
Land Subdivider and Developers | Residential Real Estate [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 0 0 0 0  
Homebuilders [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 512,539,000 351,973,000 877,294,000 579,043,000  
Homebuilders [Member] | Real Estate, Other [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues   18,500,000 100,000 18,500,000  
Homebuilders [Member] | Land and Lots [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 0 0 0 0  
Homebuilders [Member] | Southeast [Domain]          
Disaggregation of Revenue [Line Items]          
Total revenues $ 147,659,000 $ 117,658,000 $ 250,716,000 $ 186,342,000