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Revenue Recognition (Narrative) (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
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 nine months ended September 30, 2024 and 2023 (in thousands):
Three Months Ended September 30, 2024Three Months Ended September 30, 2023
Residential units revenueLand and lots revenueResidential units revenueLand and lots revenue
Primary Geographical Market
Central$389,697 $801 $293,640 $2,580 
Southeast133,162 — 122,283 475 
Total revenues$522,859 $801 $415,923 $3,055 
Type of Customer
Homebuyers$522,859 $— $415,923 $— 
Homebuilders and Multi-family Developers— 801 — 3,055 
Total revenues$522,859 $801 $415,923 $3,055 
Product Type
Residential units$522,859 $— $415,923 $— 
Land and lots— 801 — 3,055 
Total revenues$522,859 $801 $415,923 $3,055 
Timing of Revenue Recognition
Transferred at a point in time$522,859 $801 $415,827 $3,055 
Transferred over time(1)
— — 96 — 
Total revenues$522,859 $801 $415,923 $3,055 
(1)    Revenue recognized over time represents revenue from mechanic’s lien contracts.
Nine Months Ended September 30, 2024Nine Months Ended September 30, 2023
Residential units revenueLand and lots revenueResidential units revenueLand and lots revenue
Primary Geographical Market
Central$1,094,102 $18,348 $960,258 $6,123 
Southeast419,179 — 360,472 475 
Total revenues$1,513,281 $18,348 $1,320,730 $6,598 
Type of Customer
Homebuyers$1,513,281 $— $1,320,730 $— 
Homebuilders and Multi-family Developers— 18,348 — 6,598 
Total revenues$1,513,281 $18,348 $1,320,730 $6,598 
Product Type
Residential units$1,513,281 $— $1,320,730 $— 
Land and lots— 18,348 — 6,598 
Total revenues$1,513,281 $18,348 $1,320,730 $6,598 
Timing of Revenue Recognition
Transferred at a point in time$1,512,901 $18,348 $1,319,393 $6,598 
Transferred over time(1)
380 — 1,337 — 
Total revenues$1,513,281 $18,348 $1,320,730 $6,598 
(1)    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):
September 30, 2024December 31, 2023
Customer and builder deposits$45,065 $43,148 
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 nine months ended September 30, 2024 and 2023 are as follows (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Homebuyer deposits recognized as revenue $18,190 $13,537 $38,797 $25,329 
    
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 nine months ended September 30, 2024 and 2023 (in thousands):
Three Months Ended September 30, 2024Three Months Ended September 30, 2023
Residential units revenueLand and lots revenueResidential units revenueLand and lots revenue
Primary Geographical Market
Central$389,697 $801 $293,640 $2,580 
Southeast133,162 — 122,283 475 
Total revenues$522,859 $801 $415,923 $3,055 
Type of Customer
Homebuyers$522,859 $— $415,923 $— 
Homebuilders and Multi-family Developers— 801 — 3,055 
Total revenues$522,859 $801 $415,923 $3,055 
Product Type
Residential units$522,859 $— $415,923 $— 
Land and lots— 801 — 3,055 
Total revenues$522,859 $801 $415,923 $3,055 
Timing of Revenue Recognition
Transferred at a point in time$522,859 $801 $415,827 $3,055 
Transferred over time(1)
— — 96 — 
Total revenues$522,859 $801 $415,923 $3,055 
(1)    Revenue recognized over time represents revenue from mechanic’s lien contracts.
Nine Months Ended September 30, 2024Nine Months Ended September 30, 2023
Residential units revenueLand and lots revenueResidential units revenueLand and lots revenue
Primary Geographical Market
Central$1,094,102 $18,348 $960,258 $6,123 
Southeast419,179 — 360,472 475 
Total revenues$1,513,281 $18,348 $1,320,730 $6,598 
Type of Customer
Homebuyers$1,513,281 $— $1,320,730 $— 
Homebuilders and Multi-family Developers— 18,348 — 6,598 
Total revenues$1,513,281 $18,348 $1,320,730 $6,598 
Product Type
Residential units$1,513,281 $— $1,320,730 $— 
Land and lots— 18,348 — 6,598 
Total revenues$1,513,281 $18,348 $1,320,730 $6,598 
Timing of Revenue Recognition
Transferred at a point in time$1,512,901 $18,348 $1,319,393 $6,598 
Transferred over time(1)
380 — 1,337 — 
Total revenues$1,513,281 $18,348 $1,320,730 $6,598 
(1)    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):
September 30, 2024December 31, 2023
Customer and builder deposits$45,065 $43,148 

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 delivery of the home, net of any forfeitures from 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 nine months ended September 30, 2024 and 2023 are as follows (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Homebuyer deposits recognized as revenue $18,190 $13,537 $38,797 $25,329 

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 $5.6 million. The Company will recognize the remaining revenue when the lots are taken down, or upon closing for the sale of a land parcel. The Company expects to recognize revenue of $5.0 million in the remainder of 2024 and $0.6 million in 2025.
The timing of lot takedowns is contingent upon a number of factors, including customer and business 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 $ 523,660 $ 418,978 $ 1,531,629 $ 1,327,328  
Customer and builder deposits 45,065   45,065   $ 43,148
Residential Real Estate [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 522,859 415,923 1,513,281 1,320,730  
Residential Real Estate [Member] | Transferred at a point in time          
Disaggregation of Revenue [Line Items]          
Total revenues 522,859 415,827 1,512,901 1,319,393  
Residential Real Estate [Member] | Transferred over Time [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 0 96 380 1,337  
Real Estate, Other [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 801 3,055 18,348 6,598  
Real Estate, Other [Member] | Transferred at a point in time          
Disaggregation of Revenue [Line Items]          
Total revenues 801 3,055 18,348 6,598  
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  
Homebuilders [Member] | Real Estate, Other [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 801 3,055 18,348 6,598  
Homebuyers [Member] | Residential Real Estate [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 522,859 415,923 1,513,281 1,320,730  
Revenue recognized 18,190 13,537 38,797 25,329  
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 389,697 293,640 1,094,102 960,258  
Central | Real Estate, Other [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 801 2,580 18,348 6,123  
Southeast [Domain] | Residential Real Estate [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 133,162 122,283 419,179 360,472  
Southeast [Domain] | Real Estate, Other [Member]          
Disaggregation of Revenue [Line Items]          
Total revenues 0 475 0 475  
Land Subdivider and Developers          
Disaggregation of Revenue [Line Items]          
Total revenues 801 2,580 18,238 6,123  
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 522,859 416,398 1,513,391 1,321,205  
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 $ 133,162 $ 122,758 $ 419,179 $ 360,947