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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income $ 90,791 $ 68,141
Depreciation, Depletion and Amortization 1,126 754
Gain (Loss) on Disposition of Property Plant Equipment 66 (146)
Adjustments to reconcile net income to net cash provided by operating activities:    
Share-based compensation expense 6,365 5,499
Earnest Money Deposits and Pre-acquisition Costs Written-Off 5 10
Income (Loss) from Equity Method Investments (2,592) (4,221)
Distributions of income from unconsolidated entities 998 2,906
Gain on Sale of Investments (10,718) 0
Changes in operating assets and liabilities:    
Decrease (increase) in receivables 2,002 (1,968)
(Increase) decrease in inventory (122,108) 49,987
Decrease in earnest money deposits 155 4,380
Decrease in other assets 7,188 2,960
(Decrease) increase in accounts payable 991 (1,058)
Increase in accrued expenses 17,758 17,512
Increase (Decrease) in Contract with Customer, Liability 10,972 7,835
Net cash provided by operating activities 1,017 154,707
Cash flows from investing activities:    
Purchase of property and equipment, net of disposals (942) (1,581)
Net cash provided by (used in) investing activities 61,323 (3,101)
Net Cash Provided by (Used in) Financing Activities [Abstract]    
Borrowings from lines of credit 0 22,000
Repayments of Lines of Credit 0 42,000
Repayments of Senior Debt (25,000) 0
Payment, Tax Withholding, Share-based Payment Arrangement 2,161 1,975
Payments for Repurchase of Common Stock (3,758) (15,351)
Payments to Noncontrolling Interests 6,785 11,056
Net cash used in financing activities (51,291) (49,189)
Net increase in cash and cash equivalents and restricted cash 11,049 102,417
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Beginning Balance 199,459 93,270
Cash and cash equivalents and restricted cash, end of period 210,508 195,687
Supplemental Cash Flow Information [Abstract]    
Earnest Money Deposits and Pre-acquisition Costs Written-Off 5 10
Repayments of Notes Payable (12,868) (16)
Payments of Debt Issuance Costs 0 (72)
Payments to Acquire Equity Method Investments (1,695) (1,520)
Proceeds from Sale of Equity Method Investments 63,960 0
Payments of Dividends $ (719) $ (719)