XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS    
Restricted cash $ 24,611 $ 19,703
Inventory 1,655,494 1,533,223
Investments in unconsolidated entities 34,701 84,654
Operating Lease, Right-of-Use Asset 6,997 7,255
Property and equipment, net 6,826 7,054
Earnest money deposits 16,464 16,619
Deferred income tax assets, net 15,306 15,306
Intangible assets, net 345 367
Goodwill 680 680
Other assets 20,623 27,583
Total assets 1,976,574 1,902,832
LIABILITIES AND EQUITY    
Accounts payable 53,330 54,321
Debt Issuance Costs, Line of Credit Arrangements, Net (2,260) (2,328)
Accrued expenses 114,218 96,457
Operating Lease, Liability 7,873 7,898
Debt Issuance Costs, Line of Credit Arrangements, Net 2,260 2,328
Senior Notes 311,303 336,207
Contract with Customer, Liability 54,120 43,148
Total liabilities 538,697 548,684
Commitments and contingencies
Redeemable noncontrolling interest in equity of consolidated subsidiary 38,186 36,135
Green Brick Partners, Inc. stockholders’ equity    
Preferred Stock, Including Additional Paid in Capital $ 47,603 $ 47,603
Treasury Stock, Common, Shares 71,241 0
Common stock, $0.01 par value: 100,000,000 shares authorized; 45,096,392 issued and 45,025,151 outstanding as of March 31, 2024 and 45,005,175 issued and outstanding as of December 31, 2023, respectively $ 451 $ 450
Additional Paid in Capital 259,412 255,614
Retained earnings 1,079,619 997,037
Total Green Brick Partners, Inc. stockholders’ equity 1,383,327 1,300,704
Noncontrolling interests 16,364 17,309
Total equity 1,399,691 1,318,013
Total liabilities and equity 1,976,574 1,902,832
Cash and Cash Equivalents, at Carrying Value 185,897 179,756
Accounts Receivable, after Allowance for Credit Loss 8,630 10,632
Treasury Stock, Value 3,758 0
Other Notes Payable $ 113 $ 12,981