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Income Taxes (Narrative) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Tax Disclosure [Abstract]      
Income Taxes INCOME TAXES
Income Tax Expense
The components of current and deferred income tax expense are as follows (in thousands):
Years Ended December 31,
202220212020
Current income tax expense (benefit):
Federal$73,747 $47,688 $20,968 
State9,428 5,282 4,162 
Total current income tax expense83,175 52,970 25,130 
Deferred income tax expense (benefit):
Federal(630)(604)(354)
State(77)239 240 
Total deferred income tax expense(707)(365)(114)
Total income tax expense$82,468 $52,605 $25,016 
Effective Income Tax Rate Reconciliation

The income tax expense differs from the amount that would be computed by applying the statutory federal income tax rates of 21% for each of the years ended December 31, 2022, 2021 and 2020, respectively, to income before income taxes as a result of the following (amounts in thousands):
Years Ended December 31,
202220212020
Tax on pre-tax book income (before reduction of noncontrolling interests)$83,258 $53,967 $29,991 
Tax effect of non-controlled earnings(4,640)(2,976)(862)
State income tax expense, net of federal benefit7,353 4,425 3,606 
Tax credits(5,861)(3,629)(8,088)
Other2,358 818 369 
Total income tax expense$82,468 $52,605 $25,016 
Effective income tax rate20.8 %20.5 %17.5 %

The change in the effective tax rate for year ended December 31, 2022 relates primarily to a decreased rate benefit in the Energy Efficient Homes Tax credit as compared to the increase in pre-tax book income. Additionally the effective tax rate includes impacts of state tax rate changes for the year ended December 31, 2022 for both Florida and Colorado.

Deferred Income Taxes

The primary differences between the financial statement and tax bases of assets and liabilities are as follows (in thousands):
December 31, 2022December 31, 2021
Deferred tax assets:
Basis in partnerships$5,672 $6,867 
Accrued expenses6,563 4,404 
Inventory2,966 2,956 
Change in fair value of contingent consideration1,122 1,240 
Lease liabilities - operating leases826 1,078 
Stock-based compensation418 404 
Other229 218 
Deferred tax assets, gross17,796 17,167 
Valuation allowance— — 
Deferred tax assets, net$17,796 $17,167 
Deferred tax liabilities:
Right-of-use assets - operating leases$(810)$(1,060)
Prepaid insurance(108)(97)
Other(430)(269)
Deferred tax liabilities$(1,348)$(1,426)
Total deferred income tax assets, net$16,448 $15,741 

Uncertain Tax Positions
The Company establishes accruals for uncertain tax positions that reflect management’s best estimate of deductions and credits that may not be sustained on a more-likely-than-not basis. In accordance with ASC 740, Income Taxes, the Company recognizes the effect of income tax positions only if those positions have a more-likely-than-not chance of being sustained by the Company. Recognized income tax positions are measured at the largest amount that is considered greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. There were no uncertain tax positions as of December 31, 2022.
There were no expenses for interest and penalties related to uncertain tax positions for the years ended December 31, 2022, 2021, and 2020. There were no accrued liabilities related to uncertain tax positions as of December 31, 2022 and 2021, respectively.

Statutes of Limitations
The U.S. federal statute of limitations remains open for our 2019 and subsequent tax years.

The Company and its subsidiaries file returns in Texas, Georgia, Florida and Colorado.

The Texas statute of limitations remains open for the 2018 and subsequent tax years. Any adjustments relating to returns filed by the subsidiary partnerships would be borne by the subsidiary partnership entities.

The Georgia and Florida statute of limitations remains open for 2019 and subsequent tax years. Any adjustments relating to returns filed by the subsidiary partnerships would be borne by the partner.

The Company is not presently under examination by the Internal Revenue Service or state tax authority.
    
Schedule of Components of Income Tax Expense (Benefit)
Income Tax Expense
The components of current and deferred income tax expense are as follows (in thousands):
Years Ended December 31,
202220212020
Current income tax expense (benefit):
Federal$73,747 $47,688 $20,968 
State9,428 5,282 4,162 
Total current income tax expense83,175 52,970 25,130 
Deferred income tax expense (benefit):
Federal(630)(604)(354)
State(77)239 240 
Total deferred income tax expense(707)(365)(114)
Total income tax expense$82,468 $52,605 $25,016 
    
Schedule of Deferred Tax Assets and Liabilities The primary differences between the financial statement and tax bases of assets and liabilities are as follows (in thousands):
December 31, 2022December 31, 2021
Deferred tax assets:
Basis in partnerships$5,672 $6,867 
Accrued expenses6,563 4,404 
Inventory2,966 2,956 
Change in fair value of contingent consideration1,122 1,240 
Lease liabilities - operating leases826 1,078 
Stock-based compensation418 404 
Other229 218 
Deferred tax assets, gross17,796 17,167 
Valuation allowance— — 
Deferred tax assets, net$17,796 $17,167 
Deferred tax liabilities:
Right-of-use assets - operating leases$(810)$(1,060)
Prepaid insurance(108)(97)
Other(430)(269)
Deferred tax liabilities$(1,348)$(1,426)
Total deferred income tax assets, net$16,448 $15,741 
    
Schedule of Effective Tax Rate Reconciliation
Effective Income Tax Rate Reconciliation

The income tax expense differs from the amount that would be computed by applying the statutory federal income tax rates of 21% for each of the years ended December 31, 2022, 2021 and 2020, respectively, to income before income taxes as a result of the following (amounts in thousands):
Years Ended December 31,
202220212020
Tax on pre-tax book income (before reduction of noncontrolling interests)$83,258 $53,967 $29,991 
Tax effect of non-controlled earnings(4,640)(2,976)(862)
State income tax expense, net of federal benefit7,353 4,425 3,606 
Tax credits(5,861)(3,629)(8,088)
Other2,358 818 369 
Total income tax expense$82,468 $52,605 $25,016 
Effective income tax rate20.8 %20.5 %17.5 %
    
Operating Loss Carryforwards [Line Items]      
Basis in partnerships $ 5,672 $ 6,867  
Deferred tax assets 17,796 17,167  
Deferred Tax Assets, Valuation Allowance 0 0  
Effective Income Tax Rate Reconciliation, Tax Credit, Amount $ (5,861) $ (3,629) $ (8,088)